SELL GBPJPY 154.64
SL: 154.94
TP1: 154.44
TP2: 154.24
TP3: 154.04
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 154.64
Timeframe: H1
Step 1 - Previous News: GBP: UK flash PMI continued expansion, slight slowdown in services sector, JPY: -
Step 2 - Trend: Up, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: Monetary policy decision 1900hrs, JPY: -
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