GBPNZD buy trade idea 22 07 2021

#OPINIONLEADER# #Signal#

BUY GBPNZD 1.9755

SL: 1.9725

TP1: 1.9775

TP2: 1.9795

TP3: 1.9815

Signal Analysis by LCMS Traders

Currency Pair: GBPNZD

BUY GBPNZD 1.9755 

Timeframe: H1

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

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Moving Towards Resistance

Step 4 - Indicators

- Bollinger Bands: slightly out 

- MACD: both up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: GBP: MPC Member Broadbent Speaks 1630hrs, NZD: -