GBPNZD buy trade idea 17 05 2021

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#OPINIONLEADER# #Signal#

BUY GBPNZD 1.9527

SL: 1.9497

TP1: 1.9547

TP2: 1.9567

TP3: 1.9587

Signal Analysis by LCMS Traders 

Currency Pair: GBPNZD

BUY GBPNZD 1.9527 

Timeframe: H1

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

Step 2 - Trend: Up to Down, Counter Trend

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators 

- Bollinger Bands: within

- MACD: both up

- Stochastic: H4 heading into over bought

- PSAR: bullish

Step 5 - Upcoming News: GBP: BOE committee members speaking from 2215hrs, NZD: -


GBPNZD buy trade idea 17 05 2021



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