GBPAUD buy trade idea 23 08 2021

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SL: 1.9046

TP1: 1.9096

TP2: 1.9116

TP3: 1.9136

Signal Analysis by LCMS Traders 

Currency Pair: GBPAUD

BUY GBPAUD 1.9076 

Timeframe: H1

Step 1 - Previous News: GBP: -, AUD: -

Step 2 - Trend: Up to Across, Trend Following

Step 3 - Support/Resistance: Bouncing Off Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast up, slow turning

- Stochastic: H4 heading up

- PSAR: near bullish

Step 5 - Upcoming News: GBP: Flash PMI 1630hrs, AUD: -

GBPAUD buy trade idea 23 08 2021

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