Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPJPY has been overall bullish, trading within the rising channel in blue. At present, GBPJPY is approaching the upper bound of the channel acting as an over-bought zone. Moreover, it is retesting a strong round number $200. 🏹 Thus, the highlighted red circle is a...
On Monday, the yen dropped to 160.000 per dollar, marking its lowest level since 1990, before rebounding more than 3% to 154.5 per dollar. This rebound was suspected to be the result of intervention by Japanese authorities. According to reports from Bloomberg, the Bank of Japan (BoJ) likely injected ¥5.5 trillion into the currency markets after discrepancies...
GBPJPY Makes a bat harmonic, after the recent massive climb, now is the time to potentially think about longing GJ towards 195 with some TP along the way, JPYX Broke the low and is now retesting, in theory its time for GJ to rip again next week, as always manage your risk and trade safely, we believe in 100 trades not 1. Enjoy the weekend
Recommended to close out GBPJPY buy positions now, as Wave V zone has pretty much now been reached. Price will range for the remainder of 2023, before dropping in 2024📉 - 1,230 PIPS Profit Secured🎯 - Holding Period: 120 Days🎯 - Called LIVE For You All🎯
Wait for price to close above 184 or 183.90 for confirmation to go long. Look for targets like 1. Target 1 => 186.56 2. Target 2 => 188.12 3. Target 3 => 190.14
GBPJPY / 4H Hello traders, welcome back to another market breakdown. GBPJPY is trading around a key resistance level, the price seem to be trading inside a range and yet breakout up. If the range breaks down I'll look to get on the retest. Trade safely, Trader Leo.
The currency pairing of the British pound / Japanese yen (GBP/JPY) is one of the most traded pairs in the foreign exchange market, representing a significant quantity of daily trading. It's a pairing which is popular amongst veteran traders and newcomers alike. GBP/JPY trading hours The forex market is available 24 hours a day, but UK trading, in particular,...
We can look to swing GJ in this sideways market, Aim for bottom of range
GBPJPY reached a key level. We see a strong rejection from the underlined yellow area on 4H: the price broke a support line of a rising wedge pattern and formed a double top on 1H time frame. I expect a bearish move to 160.9 / 160.5 ❤️Please, support my work with like, thank you!❤️
GJ Asia session overnight hold, GJ can potentially stake a claim higher from here based on my algo.
Why is BTC/RUBLE pair trading so different than when compared to other currencies? Are they driving the market? Makes sense why there the price has stair stepped down for the last year. I see the price dropping from here but I am going to wait for a daily candle to close above or below this triangle. when compared to 2019 there was a "bull trap" that happened...
One more? lets go then. GBPJPY short as Yen continues to prove to have the force today, look for sells here.
The Sterling has appreciated almost 8.5% against the Japanese yen since May 12, and the steep climb may have begun to look overdone as the price retraces back for the past days. BOE vs BOJ The Bank of England (BOE) hiked its benchmark interest rate by 25-basis points during its policy meeting on Thursday to balance the risk of high inflation, but the concern...
Hello Traders, here is the full analysis for the pair GbpJpy, let me know in the comment section below if you have any questions. The ellipse could represent a possible zone with good risk/reward to accumulate short position. Please note that all the information and publications here are not meant to be, and do not constitute, financial, investment, trading, or...
Most traders are aware of the rout that the USD is carving into the Japanese yen and the Great British pound. Since the beginning of March 2022, the USD has appreciated against the yen by 11%, and 7% against the pound. Naturally, with their respective performances against the USD, the pound has strengthened against the yen since the beginning of March. But, by...
Well possiblity of bullish continuation
Looking for long positions on gbp/yen around 151.02 with stops under 150.25. Price broke out of consolidation on the hourly and after an impulse has followed up with a decent corrective move lower. So buying the dip here with targets towards high back @ 152.00 makes sense in the current situation.