In the short term, the technical outlook for GBP/JPY remains negative as indicated by the daily chart, which shows the pair declining from its recent multi-year high. The pair has experienced a significant rally of nearly 18% this year due to loose Japanese monetary policy and tightening UK monetary policy. However, there may be a change in the latter as today's...
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 US dollar index is struggling to build on Friday's recovery and remains at 100.00. The UK's FTSE 100 index is lower and US stock futures are mixed, indicating a cautious market stance. The sharp decline in Wall Street's major indices after the opening bell may help the USD find demand in case of a lack of high-level data releases. On Wednesday, the UK...
🚨 GBPJPY UPDATE 🚨 * Here we can see clearly Pound/Yen has moved perfectly according to My Previous Analysis. * Review My Previous Analysis on July11. * Here we can see clearly GBPJPY went through My EP(SELL) nicely, went down & pulled back as predicted. * Keep your eye close on your trading positions. * Happy pip hunting traders. * FXKILLA *
🚨GBPJPY HIGH PROBABILITY SELL / BUY SETUP SOON 🚨 * Here we can see clearly the next potential moves for Pound/Yen in coming hours or days * Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. * Here we can see clearly we can pull MULTIPLE setups from this trade. * I'll take first the SELL trade from EP(SELL),...
Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPJPY, i am expecting sell from 182.90 area as there is H2 POI available with strong liquidity expecting a 500 pips move for next week.
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.
Hey everyone, hope you are doing great, in our view GBPJPY is yet to continue the bullish momentum until 192-195. Let’s catch this opportunity. Like and Comment ;)
The GBP/JPY currency pair has experienced its first daily increase in three days following the release of UK inflation data. The data showed that both the UK CPI and Core CPI rose higher than expected in May. The pair has rebounded off of the 100-hour moving average and is currently being favored by positive indicators. With the weekly resistance line acting as...
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.
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...
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...
🚨 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 *
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.
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...