GBPJPY buy trade idea 09 06 2021

#OPINIONLEADER# #Signal#

BUY GBPJPY 155.21

SL: 154.91

TP1: 155.41

TP2: 155.61

TP3: 155.81

Signal Analysis by LCMS Traders 

Currency Pair: GBPJPY

BUY GBPJPY 155.21 

Timeframe: H1

Step 1 - Previous News: GBP: -, JPY: Economy Watchers Sentiment slight decline

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: -, JPY: -