GBPAUD sell trade idea 08 06 2021
SELL GBPAUD 1.8253
SL: 1.8283
TP1: 1.8233
TP2: 1.8213
TP3: 1.8193
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
SELL GBPAUD 1.8253
Timeframe: H1
Step 1 - Previous News: GBP: -, AUD: NAB Business Confidence decline
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: fast down, slow touch
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: MPC Member Haldane Speaks 2100hrs, AUD: Westpac Consumer Sentiment tomorrow 0830hrs
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