After reaching a high of 157.50, GbpJpy dropped pretty fast to 153 zone. Now the pair is in recovery and, considering the flag formation from the recent bottom, continuation to the downside is probable. 155.50 is resistance and a good place to search for selling opportunities
Hello. I expect the price to correct the previous move of 61.8% below the set level.
Hi TRADERS this is my trade set up for the GBP/JPY for the new week ahead GBP/JPY IS in a nice correction and I will be looking for the breakout and possible retest before taking a sell trade clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please follow like and comment thanks
This pair was strong bearish last week and i believe it will continue its bearish behaviour for the next week 1-Bearisg Flag Chart Pattern 2-Heading towards strong demand area on daily time frame
#GBPJPY Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
Technical Analysis Summary GBP/JPY TREND ANALYSIS We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS) We have 1 downtrend in yellow that has already been broken only for explanation purposes Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support...
it's a good trend and the correction is over. good risk/reward. time to trade. don't forget money management only risk on 1% of your balance. good luck.
GBPJPY got rejected at the supply zone and we saw price dropping very hard at the end of last week. I predict more decline in this pair in the coming days as I also predict JPY to gain strength. I will be looking for short positions with targets to the minor demand level. Do not forget to show your support with likes if you find this idea helpful.
#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #GBPJPY for 15 MIN and analyzed it then I see that this chart has made a DESCENDING TRIANGLE PATTERN, So I hope #GBPJPY will go downside, Now Nice opportunity for short. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
Hello traders. Due to the failure of the trend line, the price is expected to decrease by 80 pips in the first target and 130 pips in the second target. Be profitable
On Friday I called for a break of support and, in the end, this break proved to be a false one and I closed my sell trade on break even. As always, when I'm in doubt, I look at the longer TF, and here things are pretty clear, with GbpJpy in a visible uptrend since March 2020. Also, the 2020 "pandemic low" and 2016 low have formed a nice double bottom on our weekly...
GBPJPY has taken help around 200-H MA and shown a minor pullback. The pound real pared a large portion of its benefits against the US dollar. Any break above 1.3600 affirms further bullishness. The UK has announced one more 141472 day by day cases lower contrasted with the earlier day-case 179756. The intraday pattern of GBPJPY is bullish insofar as help 155.70...
#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #TATAPOWER for 4 hours and analyzed it then I see that this chart has made a #ASCENDING CHANNEL, So I hope GBPJPY will go downside, When price retest the supporting line then Nice opportunity for short. If you have any query then leave a COMMENT. LIKE and FOLLOW. Keep Supporting And Thank You..
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze GBP/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My...
Since 150 recent low on 20 December, GbpJpy has risen strongly and has gained 600 pips. At this moment the pair is trading exactly in a strong resistance zone and normally this would be a good sell signal. However, considering that GbpJpy is a very volatile and, more importantly, a trick pair, I expect a spike up before the drop. A clear sell signal is given by a...
GJ Enter- 155.800 SL- 155.814 or 155.853 Depends on the market movement TP- 155.143
Hello everyone, my view on GBPJPY, U can see everything on chart :) January will be bearish for most of the pairs imo