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.
The annual Consumer Price Index (CPI) is predicted to decrease to 3.1% in June from the previous month's 4%. Likewise, the Core CPI, which is not affected by volatile food and energy prices, is expected to slightly decrease to 5% from 5.3%. Investors are expected to pay attention to the monthly Core CPI reading as it offers a more accurate portrayal of inflation....
GBPJPY Moving in a parallel channel wait of the breakout on either side to get into trade or trade channel trendlines. Manage your risk accordingly.
This pair has been on my watchlist for the past few days and seeing it has broken through the most recent support level 182.015, I would love to see a retest of same level and then a rejection before I take the position. Here was what I posted some few days back Disclaimer: All trade ideas are given for educational purposes and should not be treated as an...
currently the closest target is down to the SnD which intersects with the bullish channel trendline. if the price responds positively to this area, then there is a possibility that the price is bullish again.
🚨 GBPJPY HIGH PROBABILITY BUY SETUP SOON 🚨 * Here we can see clearly the next potential move for Pound/Yen in coming hours or day. * I can see GBPJPY is still within the Parallel Channel , & it's about to from Double Bottom Reversal Pattern at the Strong Support Line at 182.131. * EP(BUY): 182.295 * TP1: 183.090 * SL: 181.872 * Keep your eye close on your...
Bullish AB=CD pattern is formed on currency pair GBPJPY and now the trend will be reverseded from D to bullish. Manage your levels accordingly.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
It is still visible if the movement in this pair has experienced a breakout. Potential for short entry is in the area of 182.00-182.10. I'm still waiting on that price.
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of GbpJpy 💪 After GbpJpy broke out of a major long term monthly triangle formation all the way back in 2021 there has been a major rally of roughly 4000 pips towards the upside on GbpJpy. However by looking at the weekly...
As much as I would love to go short on this pair, I feel it is too soon to make that decision. As it stands from my perspective, there are two possibilities and that means until I see a shift in momentum either to the upside above the 185.101 level or downside below the 183.760 level
🚨 GBPJPY HIGH PROBABILITY SELL SETUP SOON 🚨 * Here we can see clearly the next potential move for Pound/Yen in coming hours. * EP(SELL): 183.577 * EP(SELL): 183.293 * TP1: 182.413 * TP2: 182.221 * SL: 184.001 * Keep your eye close on your trading positions. * Happy pip hunting traders. * FXKILLA *
Dear traders, a couple of days ago, when GJ was at 183.80, I recommended you to sell it. If you followed my idea, you are already in 140 Pips profit. At present, if you look at the daily chart in GBP/JPY, yoh can see that price has broken out of a key structure. This indicates the possibility of a big decline in GBP/JPY. As long as price stays below the 184...
We have now reached a critical area as the price approaches the 184 level, which marks the beginning of the Monthly SUPPLY/SELL level I discussed in my previous post. This area was I expected to be a target for bulls, although I anticipated a correction before reaching this level, which has not happened yet. The 184 level holds key significance as it also...
if you look at this pair at a glance, it looks like there is an opportunity to short, because the price has broken out of the trendline. it is better to wait a while, if the price can go down deeper than the blue line below, then the price will most likely go to the SnD area. this analysis is valid as long as the price does not rise back more than the invalid area.
the price right now is mitigated demand level so we expect the price will continue to the upside watch the price on smaller TF searching for buying opportunities _____________________________________________________________ don't forget your risk management follow for more :))
Dear traders, GBP/JPY's bullish momentum is fading and we are seeing increasing bearish pressure on GBP/JPY. 184 level has not been breached, and we have multiple rejection candlesticks in this level. So, if the bears step at this level, expect a rapid and big decline in GBP/JPY. There is a potential for a 1200 Pip fall to 171 leve l. So, look for...
GBPJPY continues to trade within the 183.779 and 182.231 range as we monitor it closely for a breakout from the level to determine our plan move. on the flip we stick to our plan to sell GBPJPY from the Monthly High at which it has reach. Gbpjpy has oversold and now is at monthly sell zone which is a liquidity that has been clear away. Bearish Target; 183.150,...