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GBPJPY sell trade idea 15 09 2021

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#OPINIONLEADER# #Signal#

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: -

GBPJPY sell trade idea 15 09 2021

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