GBPAUD Sell trade idea 27 04 2021

#OPINIONLEADER#

SELL GBPAUD 1.7830

SL: 1.7860

TP1: 1.7810

TP2: 1.7790

TP3: 1.7770

*Trading conditions may differ between account types and brokers.

Signal Analysis by LCMS Traders

Currency Pair: GBPAUD

SELL GBPAUD 1.7830

Timeframe: H1

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

Step 2 - Trend: Down to Across, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within

- MACD: fast touching, slow up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: GBP: -, AUD: CPI q/q data tomorrow 0930hrs