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GBPUSD buy trade idea 14 10 2021

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#OPINIONLEADER# #Signal#

BUY GBPUSD 1.3700

SL: 1.3670

TP1: 1.3720

TP2: 1.3740

TP3: 1.3760

Signal Analysis

Currency Pair: GBPUSD

BUY GBPUSD 1.3700

Timeframe: H1

Step 1 - Previous News: GBP: -, USD: CPI m/m increase

Step 2 - Trend: Up, Trend Following

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: touch

- MACD: both up

- Stochastic: H4 in over bought

- PSAR: bullish

Step 5 - Upcoming News: GBP: -, USD: PPI & Unemployment Claims 2030hrs, FOMC Member Barkin Speaks 0100hrs

GBPUSD buy trade idea 14 10 2021

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