SELL GBPJPY 154.16
SL: 154.46
TP1: 153.96
TP2: 153.76
TP3: 153.56
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 154.16
Timeframe: H1
Step 1 - Previous News: GBP: BOE held monetary policy unchanged, led to disappointment expecting hawkish tone on QE tapering, JPY: -
Step 2 - Trend: Down to Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: -, JPY: -
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