The British pound has fallen initially during the trading session on Tuesday, only to test the support level that we have been dealing with for several days now. Ultimately, this market continues to see a lot of back-and-forth, and that makes quite a bit of sense considering that people don’t know what to do with the economy. However, the interest rate...
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
Yen has been weak across all other currencies. Sterling has had one of the best performances against it. Will it continue? We shall see. The chart favors continuation in my opinion, even though we are witnessing a rising wedge formation, which typically breaks to the downside. There are times also when it does the opposite. Also take note of the similar type of...
Hello, I greet you in the Name of Jesus Christ, how are you all doing? This is my prediction I see price moving towards 182.812-820 mark, this analysis is based on Market structure as we have had a whole IMPULSE move then CORRECTION and now onto CONTINUATION mark. There is also a ZONE that I believe should be hit, more so this is minor structure which plays out...
GBP-JPY is trading in an Uptrend and the pair Broke out of the bullish Flag pattern made a retest And is now going up again So I am locally bullish biased Thus, I think the target above Will be retested !
GBPJPY is in a big upward movement, I hope the price goes back to this orderblock and when it rejects close to this region I activate my buy
Our short has been closed. We see price respects the level of 180. There still is some potential to drup further but we'll wait for a break and retest of the zone at the 180 level. Long term we are bullish on GJ. Therefore we'll close our shorts quickly and favour longs. Will keep you updated for further setups. Bias is long for now and waiting for a pullback to...
Hey Everyone, since our last update on GBPJPY price have continuously going up in other words price being extremely bullish. There is two major reason for it firstly GBP is extremely bullish after recent economic data and JPY which investors are still dumping it due to DXY extension demand. Wait for price to come to our region before selling it, will update you...
Hello everyone! I want share my idea of GBPJPY. After JPY inflation almost all JPY pairs has bull run. of course it logic because JPY index has Down trend (I will link my price prediction in this post where you can see my idea about JPYX). After big impulsive move we have uptrend but with short time flats which I have tagged with yellow rectangle. Today we get...
Looking for a breakout wither upside or downside, more into the sell since price is way to over bought in the higher timeframes. needs to do a correction
Bulls Dominate Market: Upward Trend Intact Hello. After a correction, because bulls dominate market we can say upward trend is intact. 🛒 GBPJPY - LONG 🛒 📈 1h TimeFrame 📈 🚀🚀🚀🚀 🚀 Follow Me 🚀🚀🚀🚀 ✅ Random Win Idea ✅
Anticipating a retracement in the current zone, GBPJPY aims for 177.600 while maintaining a primary target of 190.177. Expect short-term pullbacks in this uptrend.
my idea for gbpjpy with high risk this pair by long time it will reach 193 but now i think we have good to sell it just take 200 point with small stop loss approximetly 50 point
We have had a break of a previous resistance zone with a very nice strong daily candle. I'm expecting to have a little retracement as we do have the UK unemployment data top come out and the unemployment figure is meant to go up. So a little retracement before continuing to keep going up
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
-Due to JPY weakness, all the JPY pairs have been overvalued and none of them had any strong pullback. What we are expecting and seeing here is that this strong bullish impulse will continue for another two or three weeks or up until NFP news comes out. Investors are clearly dumping JPY due to DXY is more suitable option at current market condition. If STRONG NFP...
Fundamental technical analysis: Based on the fibonacci retracement analysis, the current price correction is expected to reach the range of 0.618 to 0.5. This correction is aimed at providing liquidity for the upcoming price surge. Moreover, the RSI and EMA indicators suggest that the upward trend is likely to continue. Market observation: Earlier today,...
Fundamental analysis According to the EMA 34, 89, and 200 indicators, the market is currently on an upward trend and is following the price line. It is highly likely that the price may retest the slightly increasing sideways price zone or test the resistance area. Market overview before news In addition to the unexpected upturn in mortgage activity,...