GBPCAD buy trade idea 23 07 2021

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#OPINIONLEADER# #Signal#

SELL GBPCAD 1.7276

SL: 1.7306

TP1: 1.7256

TP2: 1.7236

TP3: 1.7216

Signal Analysis by LCMS Traders

Currency Pair: GBPCAD

SELL GBPCAD 1.7276 

Timeframe: H1

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

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down

- Stochastic: H4 heading down

- PSAR: bearish

Step 5 - Upcoming News: GBP: UK Retail Sales 1400hrs, UK flash PMI data 1630hrs, CAD: Canadian retail sales 2030hrs


GBPCAD buy trade idea 23 07 2021


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