GBPUSD buy trade idea 29 07 2021
BUY GBPUSD 1.3946
SL: 1.3916
TP1: 1.3966
TP2: 1.3986
TP3: 1.4006
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
BUY GBPUSD 1.3946
Timeframe: H1
Step 1 - Previous News: GBP: -, USD: FOMC held interest rate unchanged, QE maintaining $120 billion/month
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 into over bought
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, USD: -
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.