GBPNZD buy trade idea 17 05 2021
BUY GBPNZD 1.9527
SL: 1.9497
TP1: 1.9547
TP2: 1.9567
TP3: 1.9587
Signal Analysis by LCMS Traders
Currency Pair: GBPNZD
BUY GBPNZD 1.9527
Timeframe: H1
Step 1 - Previous News: GBP: -, NZD: -
Step 2 - Trend: Up to Down, Counter Trend
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: GBP: BOE committee members speaking from 2215hrs, NZD: -
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