GBPJPY is trading inside a Bullish Megaphone. Every time the 1day MA50 broke downwards, the pattern gave a sell signal with the minimum decline on the Bearish Wave being -4.17%. If the price does break under the 1day MA50, sell and target 185.500. The 1day RSI is already on a Bearish Divergence. Previous chart: Follow us, like the idea and leave a...
As the financial markets took a pause for the Easter holiday, the GBP/JPY pair maintained stability around the 191.00 level on Friday, showing minimal movement. Meanwhile, Federal Reserve Chair Jerome Powell made statements emphasizing the adaptability of monetary policy to various economic scenarios. Technically, the price experienced a reversal near 193.500, as...
#GBPCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPCAD. GBPCAD is making rising Wedge Pattern and this is almost ready for breakout. Here it has maximum Chances we can see a good drop in price. In this move we can see drop upto 200Pips+. Keep in touch we will update further soon
GBP/JPY Poised for Reversal Amidst Diverging Correlation with GBP/USD GBP/JPY experienced a robust bullish rally in recent days, surging to the 193.5200 level after the FOMC announcement. However, signs suggest that the pair may be gearing up for a retracement. Interestingly, the correlation between GBP/USD and GBP/JPY appears to be diverging, particularly...
REASONS WHY Interest Rate Differential: The interest rate set by the central bank is a major factor that affects the value of a currency. If the Bank of Japan (BoJ) raises its interest rates or signals an intention to do so, while the Federal Reserve maintains or cuts its rates, the JPY could strengthen against the USD. Currently, the market sentiment is that...
OANDA:GBPJPY has been forming a bullish trend for 4 years. This trend may continue its growth as the national currency of Japan is not going to strengthen. On W1 we see a clear trend within the global range. The target in the medium and long term could be 195.844. On H1 there is a beautiful price channel and flat. Within the flat price is trading between...
During the early Asian session on Wednesday, the GBP/JPY pair grapples with selling pressure, hovering around the 190.000 mark. The price action reveals a swing reversal pattern, notably around the 61.8% to 78.6% Fibonacci levels following a double top formation. This sets the stage for a reversal swing trading strategy. Economically, all eyes are on the Federal...
GBPJPY is neutral on its 1D technical outlook (RSI = 50.345, MACD = 0.240, ADX = 29.640) as the recent bullish run came to an end on the HH trendline. For now the 1D MA50 held but the peak pattern formed is a Head and Shoulders. The 1D MACD is on a Bearish Cross, so the short signal is complete. Our target is the S1 level, potentially a contact with the 1D MA200...
GBPJPY / 1D Hello Traders, welcome back to another market breakdown. GBPJPY has been trading in a trading range, the price seems to be failing to break higher from the last swing high. I'm expecting more weakness fro the coming weeks on this pair. Trade safely, Trader Leo.
My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 189.12 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 189.91 Recommended Stop Loss - 188.70 About Used...
The GBPJPY pair broke recently above the 2023 High has been consolidating these past 3 weeks. This consolidation can technically be the start of a new correction back towards the 1W MA50 (blue trend-line) in order to test the market demand and get confirmation. This is exactly what took place in October 2014, which as you can see, is the fractal that GBPJPY's...
Hello Traders! GBP/JPY is bullish on higher timeframe (H4) and now made a bullish structure on lower timeframe and price could react from the actual demand. Good luck and risk wisely!
✅GBP_JPY was trading along The rising support line but then The pair broke the support and Went down so the breakout is Confirmed, therefore, despite The bullish rebound and retest Of the broken support we will Be expecting a move down Because we are now Locally bearish biased SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
My dear friends, Please, find my technical outlook for GBPJPY below: The instrument tests an important psychological level 191.21 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 190.13 About Used Indicators: Super-trend indicator...
GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical...
✅GBP_JPY keeps growing In an uptrend along the rising Support from where we Are already seeing a bullish Move up so I think That we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
#LDOUSDT UPDATE Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about LDO LDO exactly moved as predicted already 40%+ gain so far. It has completed the retesting period. And ready for another bullish wave we can see gain upto 50%+ here soon✍ #LDO #LDOUSDT #LDOBTC #BTC #BNB #CRYPTO #SIGNALS
Hello Traders Hope You Are Enjoying Our Analysis. We Will Discuss About HBAR The Descending Channel Has Confirmed Breakout In WEEKLY Timeframe✅ Expecting Massive Bullish & Moving Towards The Target✍️