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GBPJPY sell trade idea 21 06 2021

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#OPINIONLEADER# #Signal#

SELL GBPJPY 151.56

SL: 151.86

TP1: 151.36

TP2: 151.16

TP3: 150.96

Signal Analysis by LCMS Traders 

Currency Pair: GBPJPY

SELL GBPJPY 151.56 

Timeframe: H1

Step 1 - Previous News: GBP: Retail Sales decline in consumer spending, JPY: BoJ held monetary policy unchanged

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down

- Stochastic: H4 coming out from over sold

- PSAR: bearish

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


GBPJPY sell trade idea 21 06 2021




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