Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
FX:GBPJPY last came to this area back in November 2015. Although there seem to be some form of rejection around the 184.839. It is very possible that the now found support (based on H4) just might hold however I will rather wait for it to break out of the most recent resistance at 185.522 and retest before I take a buy. Equally the short scenario is very possible...
Today, traders will depend on dollar sentiment, risk appetite and bond market developments. There are no significant data published in Europe:
14:00: Switzerland's October trade balance data
17:15: BOE policymakers will testify before parliament on monetary policy, inflation and the UK's economic outlook
FX:GBPJPY snaps four days of losses, climbs 0.31% in the late Tuesday North American session, and exchanges hands at around 186.00 after bouncing from daily/weekly lows reached at 184.45.
The GBP/JPY daily chart portrays the pair as neutral biased, as the slope of the Tenkan and Kijun-Sen shifted flat, which could open the door for range-bound trading. On the...
Upon examining the GBPJPY on a shorter timeframe, we notice significant instances of price rejections evident on the H4 chart. The market is actively seeking support around the crucial 185 level.
Noteworthy are the distinct wicks that extend into a liquidity zone, creating an interesting prospect for a potential upswing towards the 187-190 range. The pair has...
This is for short term
Marked Possible Sell zone
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
This is for short term
Marked Possible Sell zone
Once Reached Entry zone Look for Liquidity sweep and BOSin LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
The GBP/JPY pair dropped gradually throughout the week, mainly driven by a stronger USD and on the back of subdued UK data and dovish comments from BoE persisting. The pair retreated from one-month highs above 1.88100 and settled around 1.85600. With fundamentals favoring the Dollar, any upside momentum in the pair is susceptible to significant corrections.
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In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalances lower and then to reject from bullish order block.
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Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This currency pair suddenly increased sharply after yesterday's CPI news. along with the weakening of the dollar.
The point where we can SELL is 188,700
FX:GBPJPY retraces from weekly highs reached on Wednesday at around 188.24 and hovers around the 187.00 figure late in the New York session, as a three-candle chart pattern emerges that could warrant further downside pressure on the pair.
In the near term, the GBP/JPY is consolidating near the year's highs, though it’s forming an ‘evening-star’ chart pattern....
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...
Hello fellow traders, GJ has more downside to come soon, Im expecting price goes back upto 186.4 zone.
But im also looking for a good short/sell on that zone..
This is not a financial advice.
My understanding on markets is the same as yours, but im just aware on liquidity being grab since this moves.
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The British Pound (GBP) remains steady against the Japanese Yen (JPY) during Wednesday’s mid-North American session after reaching a daily high of 188.24; the pair has fallen below the 188.00 mark, courtesy of weak inflation data from the UK. Therefore, the GBP/JPY hovers around 187.94, virtually unchanged.
From a technical perspective, the FX:GBPJPY is upward...
