SELL GBPAUD 1.8500
SL: 1.8530
TP1: 1.8480
TP2: 1.8460
TP3: 1.8440
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
SELL GBPAUD 1.8500
Timeframe: H1
Step 1 - Previous News: GBP: -, AUD: Retail Sales slowdown in consumer spending
Step 2 - Trend: Up, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow turning
- Stochastic: H4 heading down
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, AUD: Flash PMI tomorrow 0700hrs
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