GBPAUD sell trade idea 10 06 2021
SELL GBPAUD 1.8233
SL: 1.8263
TP1: 1.8213
TP2: 1.8193
TP3: 1.8173
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
SELL GBPAUD 1.8233
Timeframe: H1
Step 1 - Previous News: GBP: EU threatened to take retaliatory actions on UK, MPC Member Haldane Speaks 2005hrs, AUD: MI Inflation Expectations increase
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, AUD: -
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