Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Completed " 123 " Impulsive Waves Break of Structure Rejection from Fibonacci Level - 261.8%
GBP/JPY has transitioned into a bullish trend, with the pound gaining strength against the yen. This uptrend could be attributed to various factors such as positive economic data releases from the UK, increased risk appetite in the market, or improving sentiment towards the British pound.
Gbpjpy price of ready to fly Gbpjpy price trend to continue buy During session It is expected that price will continue in The buy trend and can approach Note Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the Market Give us like and support us
GBPJPY FEB WEEK 5 OUTLOOK - Daily - this has been quite bullish lately. but considering the move already happened on GJ, it's looking too extended for me to enter at this price. however, if price comes back down to 188.520 and gets absorbed, I can look to go long. Origin - Same here. GJ requires a deeper pullback to 189.369 - 189.089 zone and hold above it in...
Here is my analysis of the GBP/JPY for the upcoming week: - Applying the Quarters Theory, we have the major 189 and 191 levels, along with the half-figure of 190.50 and quarter points of 189.75, 190.25 and 190.75 to watch. Last week, 190.25 provided initial support on the pullback before lower demand emerged at 189.75. Meanwhile, the test of 191 was rejected and...
Hello traders here is my analysis for the GBPJPY, as you can see the price has been on a bullish trend for the past weeks and months but you can also see that it has reached a higher trend line and there are more chances that the price can reverse from now on to a bearish trend so now I will wait and look for reversing pattern so I can ride this trend downwards.
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Good Morning guys, I just not to long ago closed this buy on GBPJPY - I Took the trade yesterday evening and held it (during the Asian session overnight) I just woke up Let me explain why I took this trade These are my confirmations\questions > Question 1 - Was GBPJPY in momentum (bullish or bearish)? Yes, GBPJPY was in bullish Momentum at the time of me...
OANDA:GBPJPY rotated on Wednesday, marking in a slight new high for the week as the Pound Sterling (GBP) gets a leg up from a broad-market pullback in the Japanese Yen (JPY). Bank of England (BoE) policymaker Swati Dhingra noted on Wednesday that the outlook for UK inflation remains bumpy, but downwards, noting that UK consumption still remains below...
Gbpjpy Is Almost Bullish We Have Best Buying Opportunity Around 188.30 For Next Target 190 To 192 Dont Miss This Opportunity Its Not A Signal Afer Confirmation Signal Will Be Available Stay Tuned
GBP/JPY appears poised for a bearish move on the 4-hour timeframe, exhibiting a reversal pattern with both a rising wedge and a double top formation. Additionally, the completion of the Elliott Wave 5th wave suggests further downside potential. Traders may consider entering short positions upon the breakout of the rising wedge and a breach of key support levels...
Simple trading - 2 NEW BULLISH PATTERNS The buy is active! The long wait may be over. I am looking to gain a 200+pip Long on GBPJPY. BULLISH CONFIRMATIONS 1. Daily Cup and Handle (see previous charts) 2. 1hr Heads and shoulder 3. Fibb 3.82 rejection 4. Triangle break out *I would usually wait for a solid break and retest. However with a simple setup like...
Hello Traders 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...
GBPJPY's strong uptrend has run into a roadblock recently. The level of 190 is proving to be a hard nut to crack for the GJ bulls. Technically, the price has reached the top of the price channel in the GBP/JPY daily chart. Fundamentally, with the interest rates in Japan being so low compared to Britain, the Japanese Yen is inherently weak against the British...
Price perfectly follows the parallel channel. Now price moving near the resistance level. If the price respects this area and closes below this level then short selling is favorable after being confirmed by the bearish price action structure.
HELLO TRADERS As I can see this pair is still very bullish holding a strong support and can hit these design levels. if we have look on monthly and weekly charts its crystal clear why we are asking for more bullish trend continuation friends it's just a trade idea share Ur thoughts with us we appreciate Ur love and comments Stay Tuned! for more updates
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from Lower Trend Line RSI - Divergence Break of Structure and Completed the Retracement Completed " 1234 " Impulsive Waves
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.