GBPAUD sell trade idea 20 10 2021
SELL GBPAUD 1.8405
SL: 1.8435
TP1: 1.8385
TP2: 1.8365
TP3: 1.8345
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
SELL GBPAUD 1.8405
Timeframe: H1
Step 1 - Previous News: GBP: -, AUD: -
Step 2 - Trend: Across to Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading into over sold
- PSAR: bearish
Step 5 - Upcoming News: GBP: CPI y/y 1400hrs, AUD: -
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