GBPUSD buy trade idea 14 10 2021
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
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