GBPAUD sell trade idea 24 05 2021
SELL GBPAUD 1.8288
SL: 1.8318
TP1: 1.8268
TP2: 1.8248
TP3: 1.8228
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
SELL GBPAUD 1.8288
Timeframe: H1
Step 1 - Previous News: GBP: UK flash PMI business activities expanded at the fastest rate, AUD:
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: BOE Gov Bailey Speaks 2230hrs, AUD: -
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