GBPUSD buy trade idea 04 08 2021
BUY GBPUSD 1.3940
SL: 1.3910
TP1: 1.3960
TP2: 1.3980
TP3: 1.4000
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
BUY GBPUSD 1.3940
Timeframe: H1
Step 1 - Previous News: GBP: -, USD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, USD: ADP Non-Farm Employment Change 2015hrs, ISM Services PMI & FOMC Member Clarida Speaks 2200hrs
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