GBPNZD sell trade idea 07 06 2021
SELL GBPNZD 1.9608
SL: 1.9638
TP1: 1.9588
TP2: 1.9568
TP3: 1.9548
Signal Analysis by LCMS Traders
Currency Pair: GBPNZD
SELL GBPNZD 1.9608
Timeframe: H1
Step 1 - Previous News: GBP: Construction PMI continued expansion, NZD: Bank Holiday
Step 2 - Trend: Up to Down, Counter Tren
Step 3 - Support/Resistance: Moving Towards Next Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast turning, slow down
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, NZD: -
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