GBPJPY sell trade idea 07 07 2021

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#OPINIONLEADER# #Signal#

SELL GBPJPY 152.70

SL: 153.00

TP1: 152.50

TP2: 152.30

TP3: 152.10

Signal Analysis by LCMS Traders 

Currency Pair: GBPJPY

SELL GBPJPY 152.70 

Timeframe: H1

Step 1 - Previous News: GBP: UK Construction PMI continued expansion, JPY: -

Step 2 - Trend: Down, Trend Following

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both up

- Stochastic: H4 came out from over sold

- PSAR: bullish

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


GBPJPY sell trade idea 07 07 2021



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