BUY GBPCAD 1.7100
SL: 1.7070
TP1: 1.7120
TP2: 1.7140
TP3: 1.7160
Signal Analysis by LCMS Traders
Currency Pair: GBPCAD
BUY GBPCAD 1.7100
Timeframe: H1
Step 1 - Previous News: GBP: -, CAD: Manufacturing PMI continued expansion, OPEC+ meetings had been postponed today
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, CAD: -
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