Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Symmetrical Triangle in Short Time Frame as an Corrective Pattern and it has Breakout the Lower Trend Line and Completed its Retest it will Reject from Lower Trend Line of Corrective Pattern " Falling Wedge " in Long Time Frame or Fibonacci Level - 61.80%
looking bulllish trend follow falling wedge this reason we see bullish trend
GBPJPY stabilizing above 183.43will support rising to touch 183.80 then184.24 then 184.66 stabilizing under 183.12will support falling to touch 182.53 then 181.52 Pivot Price: 183.12 Resistance prices: 183.80 & 184.24& 184.66 Support prices: 182.53& 182.02 & 181.52 timeframe: 4H
The GBP/JPY pair slid to a new five-week low after touching 182.51 on Thursday, falling off 184.00 in the final trading session of the week. The British Pound (GBP) has struggled to develop further momentum against the Japanese Yen (JPY) recently, with the Guppy marking a move towards the 50-day Simple Moving Average (SMA) after failing to maintain maintained the...
As long as 185.76 resistance holds, further decline is expected in GBP/JPY. Break of 182.66 will resume the fall from 186.75. Sustained trading below 55 D EMA (now at 182.39) will argue that it’s already in a larger scale correction and target 176.29 support next. On the upside, break of 185.67 resistance will indicate that the pull back from 186.75 has completed....
The BoE has actually adopted a more cautious stance recently, as is clear from Governor Andrew Bailey's statement that the central bank is approaching the peak of its interest rate hike cycle. Despite persistent inflationary pressures, the BoE faces a delicate balancing act, as being too aggressive with interest rate hikes could endanger the UK economy. SELL...
⚠️Confirmation Trade Reaction from BUY area ..!!! 🟢 Try to BUY🔼 all the Dips !!! ✅Confirmation Buyer Limit Area 182.97 & 183.41 Zone ✅ Expecting Mid Term Bullish Wave 🔔 NEXT TARGET 185.60 & 186.00 Zone
The GBP/JPY pair is on track to end the day close to its starting point, as market fluctuations caused the Guppy to trade back and forth due to changing sentiment. Traders of Pound Sterling (GBP) are preparing for a data-heavy economic calendar in the United Kingdom (UK) during the first half of the week. Meanwhile, broad-market support for the Yen (JPY) has...
GBPJPY BUYS in play. 1. Potential Bullish Trend. 2. GBP is strong meanwhile JPY is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
GBPJPY made a breakout of the ascending channel since 28th July 2023 and went up to channel the year's high at 186.672 on the 17th of August 2023. Price pulled back to 184.110 support. The pull back has been happening in a descending channel from 16th August when it broke out of the descending channel and was looking to retest the channel last Friday, 2nd...
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.
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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBPJPY BUYS in play. 1. Potential Bullish Trend. 2. GBP is strong meanwhile JPY is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
As gbpjpy is moving in uptrend and this tend is getting 💪 from Daily timeframe as GBPJPY had reached its daily significant support level and has turned back upward ⬆️ will reach to its resistance level another Confluance for this long setup is 200 EMA shows the bull trend baised so we hope for the best as the pair returned from support level we are waiting for a...
Bullish Opportunity in GBPJPY - A Technical Analysis #GBPJPY #ForexTrading #TechnicalAnalysis #TradingView Hey traders! 👋 Let's dive into a technical analysis of GBPJPY on the 1-hour time frame and explore an exciting opportunity. **Overall Trend:** 📉 The overall trend on GBPJPY in the 1-hour chart is bearish. **Bullish Divergence:** 📈 We've recently observed...
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
GBP/JPY trades with negative bias near weekly low, manages to hold above 184.00 mark The GBP/JPY pair is experiencing a slight downward trend for the second consecutive day on Friday and remains near the lower end of its weekly range during the Asian session. However, spot prices are able to stay above the 184.00 level, which should make aggressive bearish...
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...