GBPNZD Sell trade idea 27 04 2021

#OPINIONLEADER#

SELL GBPNZD 1.9240

SL: 1.9270

TP1: 1.9220

TP2: 1.9200

TP3: 1.9180

*Trading conditions may differ between account types and brokers.

Signal Analysis by LCMS Traders

Currency Pair: GBPNZD

SELL GBPNZD 1.9240

Timeframe: H1

Step 1 - Previous News: GBP: -, NZD: -

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within

- MACD: fast turning, slow up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: GBP: -, NZD: -