SELL GBPJPY 152.39
SL: 152.69
TP1: 152.19
TP2: 151.99
TP3: 151.79
Signal Analysis by LCMS Traders
Currency Pair: GBPJPY
SELL GBPJPY 152.39
Timeframe: H1
Step 1 - Previous News: GBP: UK Preliminary GDP rebound in the UK economy, JPY: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow up
- Stochastic: H4 coming out from over sold
- PSAR: near bearish
Step 5 - Upcoming News: GBP: -, JPY: Preliminary GDP q/q 0750hrs
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