GBPJPY sell trade idea 10 06 2021

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#OPINIONLEADER# #Signal#

SELL GBPJPY 154.48

SL: 154.78

TP1: 154.28

TP2: 154.08

TP3: 153.88

Signal Analysis by LCMS Traders

Currency Pair: GBPJPY

SELL GBPJPY 154.48 

Timeframe: H1

Step 1 - Previous News: GBP: EU threatened to take retaliatory actions on UK, MPC Member Haldane Speaks 2005hrs, JPY: -

Step 2 - Trend: Across, Trend Following

Step 3 - Support/Resistance: Breaking Through Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: both down

- Stochastic: H4 heading into over sold

- PSAR: bearish

Step 5 - Upcoming News: GBP: -, JPY: -


GBPJPY sell trade idea 10 06 2021


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