GBPNZD sell trade idea 22 10 2021
SELL GBPNZD 1.9214
SL: 1.9244
TP1: 1.9194
TP2: 1.9174
TP3: 1.9154
Signal Analysis by LCMS Traders
Currency Pair: GBPNZD
SELL GBPNZD 1.9214
Timeframe: H1
Step 1 - Previous News: GBP: -, NZD: -
Step 2 - Trend: Down to Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: slightly out
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: UK Retail Sales 1400hrs, NZD: Bank Holiday next monday
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