Euro / Sterlina
Long
Aggiornato

EURGBP - BULLISH BIAS

99
EURO - Bullish
1️⃣ ECB President Lagarde told the European Parliament that the prospect of better global demand and a faster-than-forecast increase in consumer spending could support economic recovery in the European zone.
2️⃣ The present PMI outlook was better than expected in Germany, France, and the European zone.

GBP - Bearish
1️⃣ The Bank of England kept its interest rate unchanged at 0.1% in its June 2021 meeting with an 8-1 majority voting to leave its bond-buying program unchanged, similar to market forecasts.
2️⃣ Britain reported another 20,479 cases of coronavirus and recorded 23 deaths in the last 24 hours.
3️⃣ GDP data in the UK shows the economy contracted by 1.6% in the first quarter of 2021 compared to the forecast 1.5%.

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TECHNICAL
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- We're looking to buy EURGBP on RBS level + pivot point area + SMA50 area on H1 chart.

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TRADE AT YOUR OWN RISK!!!!!
Trade chiuso manualmente
Close position on 0.86100 (+20 pips)

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