GBPAUD sell trade idea 25 10 2021
SELL GBPAUD 1.8376
SL: 1.8406
TP1: 1.8356
TP2: 1.8336
TP3: 1.8316
Signal Analysis by LCMS Traders
Currency Pair: GBPAUD
SELL GBPAUD 1.8376
Timeframe: H1
Step 1 - Previous News: GBP: Retail Sales decline, Flash PMI faster pace of expansion, AUD: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: MPC Member Tenreyro Speaks 2100hrs, AUD: -
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