GBPUSD buy trade idea 15 06 2021
BUY GBPUSD 1.4123
SL: 1.4093
TP1: 1.4143
TP2: 1.4163
TP3: 1.4183
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
BUY GBPUSD 1.4123
Timeframe: H1
Step 1 - Previous News: GBP: Delayed the lockdown lifting by four weeks, Average Earnings increased, Claimant Count drop significantly, Unemployment Rate came out as expected, USD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 headiing up
- PSAR: bullish
Step 5 - Upcoming News: GBP: BOE Gov Bailey Speaks 2015hrs, USD: Retail sales 2030hrs
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