GBPJPY buy trade idea 03 08 2021
BUY GBPJPY 152.73
SL: 152.43
TP1: 152.93
TP2: 153.13
TP3: 153.33
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
BUY GBPJPY 152.73
Timeframe: H1
Step 1 - Previous News: GBP: -, JPY: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Bouncing Off Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, JPY: Japanese Consumer Confidence 1300hrs
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