GBPNZD sell trade idea 20 10 2021

#OPINIONLEADER# #Signal#

SELL GBPNZD 1.9221

SL: 1.9251

TP1: 1.9201

TP2: 1.9181

TP3: 1.9161

Signal Analysis by LCMS Traders 

Currency Pair: GBPNZD

SELL GBPNZD 1.9221 

Timeframe: H1

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

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: touch 

- MACD: both down

- Stochastic: H4 heading into over sold

- PSAR: bearish

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