GBPJPY sell trade idea 27 07 2021

#OPINIONLEADER# #Signal#

SELL GBPJPY 151.67

SL: 151.97

TP1: 151.47

TP2: 151.27

TP3: 151.07

Signal Analysis by LCMS Traders 

Currency Pair: GBPJPY

SELL GBPJPY 151.67 

Timeframe: H1

Step 1 - Previous News: GBP: -, JPY: -

Step 2 - Trend: Across, Counter Trend

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: slightly out 

- MACD: both down

- Stochastic: H4 heading down

- PSAR: bearish

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