SELL GBPJPY 152.00
SL: 152.30
TP1: 151.80
TP2: 151.60
TP3: 151.40
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 152.00
Timeframe: H1
Step 1 - Previous News: GBP: UK Construction PMI continued expansion, JPY: Recommending to declare virus state of emergency in Tokyo
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: GBP: ECB Monetary Policy Meeting Accounts 1930hrs, JPY: -
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