GBPNZD buy trade idea 21 05 2021
BUY GBPNZD 1.9751
SL: 1.9721
TP1: 1.9771
TP2: 1.9791
TP3: 1.9811
Signal Analysis by LCMS Traders
Currency Pair: GBPNZD
BUY GBPNZD 1.9751
Timeframe: H1
Step 1 - Previous News: GBP: -, NZD: -
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 in overbought
- PSAR: bullish
Step 5 - Upcoming News: GBP: UK flash PMI 1630hrs, NZD: Retail sales next monday 0645hrs
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