BUY GBPUSD 1.3950
SL: 1.3920
TP1: 1.3970
TP2: 1.3990
TP3: 1.4010
Signal Analysis by LCMS Traders
Currency Pair: GBPUSD
BUY GBPUSD 1.3950
Timeframe: H1
Step 1 - Previous News: GBP: -, USD: Advance GDP q/q fell short of expectation
Step 2 - Trend: Up, Trend Following
Step 3 - Support/Resistance: Moving Towards Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow down
- Stochastic: H4 heading down
- PSAR: near bullish
Step 5 - Upcoming News: GBP: -, USD: Core PCE Price Index m/m 2030hrs, FOMC Member Brainard Speaks tomorrow 0830hrs
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