GBPJPY sell trade idea 22 09 2021
SELL GBPJPY 149.32
SL: 149.62
TP1: 149.12
TP2: 148.92
TP3: 148.72
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 149.32
Timeframe: H1
Step 1 - Previous News: GBP: -, JPY: BOJ Policy Rate unchanged
Step 2 - Trend: Down to Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fat touch, slow up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: GBP: -, JPY: Bank Holiday tomorrow
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