GBPAUD sell trade 17 05 2021
BUY GBPAUD 1.8195
SL: 1.8165
TP1: 1.8215
TP2: 1.8235
TP3: 1.8255
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
BUY GBPAUD 1.8195
Timeframe: H1
Step 1 - Previous News: GBP: -, AUD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: slightly out
- MACD: both up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: GBP: BOE committee members speaking from 2215hrs, AUD: Monetary Policy Meeting Minutes tomorrow 0930hrs
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