SELL GBPNZD 1.9748
SL: 1.9778
TP1: 1.9728
TP2: 1.9708
TP3: 1.9688
Signal Analysis by LCMS Traders
Currency Pair: GBPNZD
SELL GBPNZD 1.9748
Timeframe: H1
Step 1 - Previous News: GBP: UK Construction PMI strong slowdown in the expansion, BoE held policy unchanged, revised its inflation projection upwards, NZD: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow turning
- Stochastic: H4 coming out from over bought
- PSAR: near bearish
Step 5 - Upcoming News: GBP: MPC Member Broadbent Speaks 1915hrs, NZD: -
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