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,...
GBPJPY is going to bleed till next week after reaching full potential of bull run so its going to fall a bit so to keep continue the bullish trend overall to new high thats my idea so i suggest to sell now and thank me later
Dear traders, GBP/JPY's bullish momentum is fading.
If you look at the 4Hour chart, the last few 4H candlesticks
have not been able to breach the resistance level.
If this price action continues, we can expect a fall in GBPJPY
to 180.84 level. Traders can consider selling GBP/JPY@183.60-183.80
with stop loss above resistance and TP at 180.80 .
The pair GBPJPY has reach a monthly unmitigated zone, and has mitigated the liquidity, at this point the pair try breaking the high for days now but Sellers would not make way for Bull to break and continue, meaning Bear is like to take control of the price movement pushing it down to the Liquidity gaps that were left behind, For days now the volume at which the...
Dear traders, GBP/JPY is on a strong uptrend for many weeks now.
However, the uptrend seems to have lost momentum in the last few days.
The current scenario can be compared to that of a melt-up.
However, if the bears step in now, expect a quick fall in GBP/JPY. Watch
out for a bearish price action to sell and expect price to fall to at least
172. Price is very...
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
I greet you all in the Mighty name of Jesus Christ, currently am seeing GJ buying up TP,183.035 currently it’s safe to enter the trade but if your a-bit hesitant you can enter after a break of that upper zone, there are several Re-tracement levels signifying a move to the upper side, SL 182.443
First we had a fake out. The fake out chandle made a box. With this box we can sell. Above will be the stoploss.
Fibbo 0.618 on 15m wil be Tp. But a movement to 181.8 is also possible.
182.600/700 could be a reversal point but I think this time it wil break
Dear traders, GBP/JPY is on a relentless uptrend for many days now.
The current scenario can be compared to that of a melt-up.
However, if the bears step in now, expect a quick fall in GBP/JPY. Watch
out for a bearish price action to sell and expect price to fall to at least
170. Price is very over-extended from the EMA so, I do not recommend any
long entries...
Hello, i greet you all in the name of Jesus Christ, currently GJ is in an uptrend though there is a small sell opportunity, that we can take advantage of though we need to be extremely cautios set your alerts if that trendline is broken with a break and retest then you can enter that trade
TP at 182.873 and SL at 183.320
USE proper risk management.
JESUS CHRIST LOVES YOU
Yen has been weak across all other currencies.
Sterling has had one of the best performances against it.
Will it continue? We shall see.
The chart favors continuation in my opinion, even though we are witnessing a rising wedge formation, which typically breaks to the downside. There are times also when it does the opposite. Also take note of the similar type of...
GBP/JPY closed at 182.66. Regarding its resistance, the first resistance area is around 182.90. If it breaks, GBP/JPY may reach 183.33. You can consider selling GBP/JPY if a candle rejects the resistance area. As for support, the first support level is at 181.88, and there is an upper trendline formed as well. If that trendline breaks, GBP/JPY could drop to...
