Currency call summary 27 07 2021:
EURUSD sell trade opportunity if price can get below 1.1800 with a 20 pip stop loss and a 40 pip take profit. EURGBP is not a sell trade given the upcoming 0.8515 support level with a lot of wicks/tails in the candles, the plan here is a watch and wait approach with a bounce of 0.8515 or if it can push over 0.8538 where it's currently been hovering. Economic news in focus will be the GDP for the US released at 20:30 GMT+8 on Thursday then on Friday at 17:00 there is CPI & GDP for the EUR although the likely scenario will be a bullish DXY. From minutes 2 to 15 Gim Hong goes over the FOMC Statement coming out on Thursday at 02:00 and what to expect from this event regarding how it will affect markets.
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