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GBPCAD sell trade idea 13 08 2021

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#OPINIONLEADER# #Signal#

SELL GBPCAD 1.7279

SL: 1.7309

TP1: 1.7259

TP2: 1.7239

TP3: 1.7219

Signal Analysis by LCMS Traders

Currency Pair: GBPCAD

SELL GBPCAD 1.7279 

Timeframe: H1

Step 1 - Previous News: GBP: UK Preliminary GDP rebound in the UK economy, CAD: -

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both touch

- Stochastic: H4 heading down to over sold

- PSAR: bearish

Step 5 - Upcoming News: GBP: -, CAD: -

GBPCAD sell trade idea 13 08 2021

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