GBPJPY buy trade idea 23 06 2021

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#OPINIONLEADER# #Signal#

BUY GBPJPY 154.45

SL: 154.15

TP1: 154.65

TP2: 154.85

TP3: 155.05

Signal Analysis by LCMS Traders 

Currency Pair: GBPJPY

BUY GBPJPY 154.45 

Timeframe: H1

Step 1 - Previous News: GBP: -, JPY: Core CPI y/y no change, Flash Manufacturing PMI slowdown in the pace of expansion

Step 2 - Trend: Up, Trend Following

Step 3 - Support/Resistance: Moving Towards Resistance

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast touch, slow turning

- Stochastic: H4 in over bought

- PSAR: bullish

Step 5 - Upcoming News: GBP: UK flash PMI 1630hrs, JPY: -


GBPJPY buy trade idea 23 06 2021



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