GBPJPY buy trade idea 23 09 2021
BUY GBPJPY 150.11
SL: 149.81
TP1: 150.31
TP2: 150.51
TP3: 150.71
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
BUY GBPJPY 150.11
Timeframe: H1
Step 1 - Previous News: GBP: -, JPY: Bank Holiday today
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both up
- Stochastic: H4 heading up
- PSAR: bullish
Step 5 - Upcoming News: GBP: UK flash PMI data 1630hrs, BOE monetary policy 1900hrs, JPY: National Core CPI tomorrow 0730hrs, Flash Manufacturing PMI tomorrow 0830hrs
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