GBPUSD buy trade idea 09 06 2021

#OPINIONLEADER# #Signal#

BUY GBPUSD 1.4170

SL: 1.4140

TP1: 1.4190

TP2: 1.4210

TP3: 1.4230

Signal Analysis by LCMS Traders 

Currency Pair: GBPUSD

BUY GBPUSD 1.4170 

Timeframe: H1

Step 1 - Previous News: GBP: -, USD: Trade Balance data cline in goods and services deficit

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Moving Towards Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both up

- Stochastic: H4 heading into overbought

- PSAR: bullish

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

Signal Analysis 

Currency Pair: GBPUSD

BUY GBPUSD 1.4170