Our Last idea on. GBPJPY did not work out as we had planned, however, we still expect price to go beyond 209 region and create a record higher high. This correction is a great sign as this will create more of more buyers coming in the market. Good Luck.
OANDA:GBPJPY Price has made correction, as there was a hint of possible BOJ intervene. However, it was likely to alter the price for sometime. In our view, price is likely to continue the bullish move upwards 215 price region. The move can be a big swing trade +1100 pips. Although, we can first target 210 and then 215. Good luck.
Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
Dear Traders, Hope you are doing great, so GBPJPY failed to drop swing as we expected during our last analysis, due to JPY bearish pressure. We expecting the bullish move to continue dominance around 205, where we can see bearish reversal to continue. Team Setupsfx_
Dear Traders, After looking at the bigger timeframe in this case we used 3 months timeframe, we have identified similar pattern that occurred in market in last few years. If we see, we can continue to see growth in price towards 219 to 222. These two areas remain crucial for swing sellers where we can see price dropping heavily. Please use this analysis, as a...
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.
Bought GBPJPY during test of previous peak price. Sellers testing if buyers are willing to pay higher prices or not. 1834SGT 11062024
GBPJPY Analysis Currently on the 15 minute timeframe, price is still respecting the 15 minute bullish OB. If price decides to go bullish and break 192.555 with a body candle close, Longs are more likely to play out. I would like to see retest of that level before continuing to look for buys. On the flipside, if price breaks the 15 minute OB with a body...
Dear Traders, Hope you are having great holidays, today we have found two perfect areas where you can buy and target easy 500 pips or maximum of 700 pips. The first entry, enter with perfect risk management as it is risky entry, while the second entry is safe entry. Good Luck
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Consolidation Phase as an Corrective Pattern in Short Time Frame Break of Structure and Retracement Triple Top RSI - Divergence Completed " 12345 " Impulsive Waves
Key Support Level Analysis: GBP/JPY currently finds itself positioned at a crucial support level, indicating a potential opportunity for upward movement in the market. This support level, identified at 190.400, has historically demonstrated a significant influence on price action. Entry Strategy: Traders looking to capitalize on the anticipated upward...
Gj had been consolidating a while and now broke above zone (190.900) and closed on the 1H. This happened at 10..00 am UK time. Upon seeing this I waited for retracement to zone, where I entered 190.900 with sl@190.57(risking 33 pips). TP1: 191.500 TP2: 191.800 * Where has the market moved since I entered my trade? Slight Profit * If I looked...
GBP JPY TRADE SET UP. GBP JPY has broken out of a bullish rectangle pattern. waiting for a retest to enter for long position
The GBP/JPY cross turns positive for the second successive day following an early dip to the 188.40 region on Wednesday and looks to build on the overnight bounce from a near one-month low. Spot prices, meanwhile, react little to the UK macro data and hold steady around the 189.00 mark during the early European session. The Japanese Yen (JPY) meets with a fresh...
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves and " A " Corrective Waves
Hello Traders! This is my idea related to GBPJPY H1. I see a confirmation for a long entry after the retracement until the price of 189.700. It reacted perfectly from the OB H1 and I expect to see a bullish move until the price of 190.600. Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share...
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.
Hello Traders! This is my idea related to GBPJPY H1. I expect a retracement after GJ will set a new BOSS. If confirmed, I will set two Take Profit levels. The first one is at the FVG H1, where is also the FIBO 50%. The second TP I will set at the BOSS level. I'm very curious about next week's move on GJ. Keep in touch! Traders, if you liked my idea or if you...