GBPUSD buy trade idea 22 07 2021
BUY GBPUSD 1.3734
SL: 1.3704
TP1: 1.3754
TP2: 1.3774
TP3: 1.3794
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
BUY GBPUSD 1.3734
Timeframe: H1
Step 1 - Previous News: GBP: -, USD: -
Step 2 - Trend: Down, Counter Trend
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow up
- Stochastic: H4 in over bought
- PSAR: bullish
Step 5 - Upcoming News: GBP: MPC Member Broadbent Speaks 1630hrs, USD: Unemployment Claims 2030hrs
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