GBPNZD sell trade idea 20 10 2021
SELL GBPNZD 1.9221
SL: 1.9251
TP1: 1.9201
TP2: 1.9181
TP3: 1.9161
Signal Analysis by LCMS Traders
Currency Pair: GBPNZD
SELL GBPNZD 1.9221
Timeframe: H1
Step 1 - Previous News: GBP: -, NZD: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading into over sold
- PSAR: bearish
Step 5 - Upcoming News: GBP: CPI y/y 1400hrs, NZD: -
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