SELL GBPCAD 1.7188
SL: 1.7218
TP1: 1.7168
TP2: 1.7148
TP3: 1.7128
*Trading conditions may differ between account types and brokers.
Signal Analysis
Currency Pair: GBPCAD
SELL GBPCAD 1.7188
Timeframe: H1
Step 1 - Previous News: GBP: -, CAD: Retail sales m/m data recovery in consumer spending
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, CAD: -
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