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GBPAUD buy trade idea 05 10 2021

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#OPINIONLEADER# #Signal#

BUY GBPAUD 1.8729

SL: 1.8699

TP1: 1.8749

TP2: 1.8769

TP3: 1.8789

Signal Analysis by LCMS Traders 

Currency Pair: GBPAUD

BUY GBPAUD 1.8729 

Timeframe: H1

Step 1 - Previous News: GBP: -, AUD: Retail Sales decline, RBA monetary policy unchanged

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: slightly out 

- MACD: both up

- Stochastic: H4 heading up

- PSAR: bullish

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

GBPAUD buy trade idea 05 10 2021

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