Signal Analysis
Currency Pair: GBPCAD
SELL GBPCAD 1.7339
Timeframe: H1
Step 1 - Previous News: GBP: UK employment data slowdown in the decline claiming for unemployment, CAD: Housing Starts slowdown
Step 2 - Trend: Across to Down,Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast up, slow touch
- Stochastic: H4 heading into over sold
- PSAR: near beairsh
Step 5 - Upcoming News: GBP: UK CPI y/y 1400hrs, CAD: CPI m/m 2030hrs
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