GBPAUD sell trade idea 20 10 2021

#OPINIONLEADER# #Signal#

SELL GBPAUD 1.8405

SL: 1.8435

TP1: 1.8385

TP2: 1.8365

TP3: 1.8345

Signal Analysis by LCMS Traders 

Currency Pair: GBPAUD

SELL GBPAUD 1.8405 

Timeframe: H1

Step 1 - Previous News: GBP: -, AUD: -

Step 2 - Trend: Across to Down, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down

- Stochastic: H4 heading into over sold

- PSAR: bearish

Step 5 - Upcoming News: GBP: CPI y/y 1400hrs, AUD: -