- GBPJPY is in an uptrend. - The price touched a resistance at 185.952 and showed a rejection with a Pinbar candlestick.We are waiting for a corrective move to enter a buying position. The correction is supported at 184.311. If the price retraces, consider a buying opportunity.
The FX:GBPJPY is seeing a mild relief pullback towards the 185.00 price level after last week's runup in the pair sent the Guppy just shy of the 186.00 handle. Monday's pullback sees the pair testing back towards the 50-hour Simple Moving Average (SMA) currently rising into 184.60. Intraday price action is getting snarled on the 21-hour Exponential Moving...
Preferred direction: SELL Comment: The new week began with the continued weakening of the US dollar. However, based on technical and volumetric analyses, a correction in favor of the American currency is visible. Thus, one of the promising currency pairs for implementing this idea is the pound. Here a fall is expected towards the level of 1.23500. Thank you...
#GBPJPY UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today, Anna is monitoring the GBPJPY. GBPJPY is falling in the HTF, Reason behind this is that there is a strong resistance level in the HTF, it shows trend reversal advance pattern in the LTF also, this is the good selling...
Price is rising towards our sell entry at 183.55, which is a swing high resistance level, aligning with the 161.8% fibo extension. Our stop loss is above the swing high resistance level at 184.49. Take profit is at 182.38, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be...
Price could fall to our buy entry at 181.15, which is an overlap support level, aligning with the 50% fibo retracement and 78.6% fibo projection. This area shows fibo confluence, and hence, price could potentially bullish from our buy entry. Our stop loss is at 180.16, which is below a swing low support as well as the 61.8% fibo retracement. Take profit is at...
Price is rising towards our sell entry at 182.84, which is a multi-swing high resistance level, aligning with the 127.2% fibo extension. Our stop loss is at 183.34, which is a pullback resistance level, aligning with the 161.8% fibo extension. Take profit is at 182.30, which is a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin...
#GBPJPY UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and also our trading analysis. For up coming week, Anna is monitoring the GBPJPY. GBPJPY was in down trend from so long, In the previous week it has done the change of character pattern, which is the symbol of possible trend reversal. As you can see that it is...
Hi Traders! There is a double top pattern formed on the 4H GBPJPY chart, and there is potential for further moves to the downside depending on whether we get an important support price break. Price Action 📊 The market has had two price rejections around the 183 level, which is bearish. Although there is very strong support at 181.380, which is our support line,...
GBPJPY - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPJPY Entry Level - 182.62 Sl - 183.32 Tp - 181.46 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
#GBPJPY UPDATE Hi team, hope you are enjoying your trading journey and our trading ideas and analysis. We are here to update our trade idea that we shared with you traders earlier. As GBPJPY was making symmetrical triangle and we said that if it break upward , we can see good buying opportunity, exactly same thing happens. hope you enjoyed our idea and earn...
From a technical point of view,, as long as the corrective structure does not fail, a bearish leg is still possible. That being said, if this analysis is correct a 3 or 5 wave bearish pattern should appear. With that in mind, the trend is bullish on the intraday chart, so use small size for this trade, even if the risk is very limited.
#GBPJPY UPDATE Hi team, hope you are enjoying your trading journey and our trading ideas and analysis. We are here to share our analysis on GBPJPY. GBPJPY is in uptrend and making a bullish falling wedge pattern in daily time frame. Soon we will see a good buying opportunity when it break the pattern on upward. we can long the position and it can gives us...
Preferred direction: BUY Comment: The attempt to buy back the pound continues. Before this, there is a potential slight downside expected tomorrow morning. Then again entering the specified range and growing to 1.22369 remains in effect. Thank you for like and share your views!
✅GBP_JPY went down to retest a horizontal support of 180.500 Which makes me locally bullish biased And I think that a move up From the level is to be expected Towards the target above at 181.500 LONG🚀 ✅Like and subscribe to never miss a new idea!✅ ———————————————————————————————
After the Sterling gained significant momentum to rally through the long term bearish trendline on Friday. 182.50 seems to hold a brief resistance to push prices down to 181.50 for a retest of the level. After a Higher Low confirmation is seen at the level. I would enter long trade to 185.00
GBPJPY has officially broken trend and looks like for the next two targets it shall hit TP. Please risk capital accordingly. GBPJPY SHORT/SELL Entry: 181.425 Stop Loss: 182.642 Targets: TP 1: 177.325 TP 2: 172.388 Risk: 2-5% of Capital MONSTER SWING TRADE
Hello,Traders! GBP-JPY is now going Down form the horizontal Resistance of 183.2 so we Locally bearish biased and I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!