GBPNZD sell trade idea 22 06 2021

#OPINIONLEADER# #Signal#

SELL GBPNZD 1.9933

SL: 1.9963

TP1: 1.9913

TP2: 1.9893

TP3: 1.9873

Signal Analysis by LCMS Traders 

Currency Pair: GBPNZD

SELL GBPNZD 1.9933 

Timeframe: H1

Step 1 - Previous News: GBP: -, NZD: Westpac Consumer Sentiment increase in the level of optimism

Step 2 - Trend: Across, Counter Trend

Step 3 - Support/Resistance: Bouncing Off Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast down, slow touch

- Stochastic: H4 heading down

- PSAR: bearish

Step 5 - Upcoming News: GBP: -, NZD: -