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GBPJPY buy trade idea 15 06 2021

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#OPINIONLEADER# #Signal#

BUY GBPJPY 155.40

SL: 155.10

TP1: 155.60

TP2: 155.80

TP3: 156.00

Signal Analysis by LCMS Traders

Currency Pair: GBPJPY

BUY GBPJPY 155.40 

Timeframe: H1

Step 1 - Previous News: GBP: Delayed the lockdown lifting by four weeks, Average Earnings increased, Claimant Count drop significantly, Unemployment Rate came out as expected, JPY: -

Step 2 - Trend: Up, Trend Following

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: slow up, fast down

- Stochastic: H4 in over bought

- PSAR: bullish

Step 5 - Upcoming News: GBP: BOE Gov Bailey Speaks 2015hrs, JPY: -


GBPJPY buy trade idea 15 06 2021



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