GBPCAD buy trade idea 19 07 2021

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#OPINIONLEADER# #Signal#

BUY GBPCAD 1.7429

SL: 1.7399

TP1: 1.7449

TP2: 1.7469

TP3: 1.7489

Signal Analysis by LCMS Traders

Currency Pair: GBPCAD

BUY GBPCAD 1.7429 

Timeframe: H1

Step 1 - Previous News: GBP: -, CAD: Housing Starts increase, OPEC+ increasing oil productio

Step 2 - Trend: Up to Across, Trend Following

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: touch 

- MACD: both up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: GBP: MPC Member Haskel Speaks 1800hrs, CAD: -


GBPCAD buy trade idea 19 07 2021


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