GBPAUD sell trade idea 02 09 2021
SELL GBPAUD 1.8669
SL: 1.8699
TP1: 1.8649
TP2: 1.8629
TP3: 1.8609
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
SELL GBPAUD 1.8669
Timeframe: H1
Step 1 - Previous News: GBP: -, AUD: Australian GDP q/q higher than forecasted economic growth
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow touch
- Stochastic: H4 headubg down
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, AUD: Retail Sales m/m tomorrow 0900hrs
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