GBPJPY sell trade idea 15 09 2021
SELL GBPJPY 151.33
SL: 151.63
TP1: 151.13
TP2: 150.93
TP3: 150.73
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 151.33
Timeframe: H1
Step 1 - Previous News: GBP: Employment data continued recovery in the jobs market, UK CPI y/y increase in inflation, JPY: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast up, slow touch
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, JPY: -
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