GBPUSD buy trade idea 19 10 2021
BUY GBPUSD 1.3784
SL: 1.3754
TP1: 1.3804
TP2: 1.3824
TP3: 1.3844
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
BUY GBPUSD 1.3784
Timeframe: H1
Step 1 - Previous News: GBP: -, USD: -
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: GBP: BOE committee member Mann speaks 1800hrs, BoE Governor Bailey speaks 2005hrs, USD: Housing data 2030hrs, FOMC members speaking Daly 2300hrs, Bowman 0115hrs, Bostic 0250hrs, Waller 0300hrs
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