GBPUSD sell trade idea 10 06 2021

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#OPINIONLEADER# #Signal#

SELL GBPUSD 1.4086

SL: 1.4116

TP1: 1.4066

TP2: 1.4046

TP3: 1.4026

Signal Analysis by LCMS Traders 

Currency Pair: GBPUSD

SELL GBPUSD 1.4086 

Timeframe: H1

Step 1 - Previous News: GBP: EU threatened to take retaliatory actions on UK, MPC Member Haldane Speaks 2005hrs, USD: -

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: slightly out 

- MACD: both down

- Stochastic: H4 in over sold

- PSAR: bearish

Step 5 - Upcoming News: GBP: -, USD: CPI m/m 2030hrs


GBPUSD sell trade idea 10 06 2021



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