GBPUSD sell trade idea 23 07 2021
SELL GBPUSD 1.3738
SL: 1.3768
TP1: 1.3718
TP2: 1.3698
TP3: 1.3678
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
SELL GBPUSD 1.3738
Timeframe: H1
Step 1 - Previous News: GBP: -, USD: Unemployment Claims increase
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: UK Retail Sales 1400hrs, UK flash PMI data 1630hrs, USD: Flash PMI 2145hrs
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