Technical analysis: The current trend for GBPJPY is still on the rise as indicated by the price line. The RSI shows an imbalance but doesn't indicate an oversold situation. The 2 EMAs are also providing support to the uptrend. In summary, it can be expected that GBPJPY will continue to increase in the upcoming days. Market overview: Monetary authorities...
Dear traders, many GBPJPY Traders are waiting for GBP/JPY to decline. However, GBP/JPY is on a relentless bullish pursuit. That being said, if you look at the daily candles in GBP/JPY, the last 10-12 daily candles indicates exhaustion which means when price finally reverses, the fall would be pretty quick. So, in case you are holding sells or have sold at...
On the monthly time frame, we have a bullish correction targeting the 180 price handle. On the same time frame, the pair seems to be in consolidation. While our outlook is bullish in the short term, we are anticipating a shift in the market structure once the pair mitigates the 180 price handle. Once setups are confirmed, we will post them.
Gbpjpy was on Consolidation zone, and today has broken this Consolidation, we have to wait for one pull back retest, and then we can go buy. Stop loss 172.430 and target 174.600
During the early stages of the Asian session, the GBP/JPY currency pair experienced a modest retreat towards the 167.00 level, putting an end to its two-day streak of gains. The current exchange rate for GBP/JPY is approximately 167.16, reflecting a decline of 0.16%. Analyzing the price action, the daily chart indicates that the GBP/JPY pair maintains an overall...
Hello traders, GBPJPY is still on a bull trend. I guess you agree with that. Now the issue only focus on where to join . We got three support zone on 4H chart to check with later . Going long on those support zones could make the target up to fibo ext 1.27 position 175. GOOD LUCK ! LESS IS MORE!
Position Trade - GBPJPY Look for LONGs with caution as price is reaching the Monthly Supply In the Weekly Chart, there is about 600 pips before price reached the Weekly Supply proximal line Hence, in the Daily Chart, - There are 2 potential BUY zones to place trade/s - Traders should decide if the risks are worth it to take 2:1 or less than that since...
1 consecutive day long. buyer heavy PD price just broke out of POC and AVWAP from PD Price breaking out of AVWAP from today.
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H perspective, so I am looking for longs from discount zone. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello, analysis of the GBP/JPY pair. There is a high probability of going up. With an upward flag. And break the bearish flag. The price is now in a very important area where there is a strong resistance from which the price bounced several times. The price is now trying to break it. to rise to the level of 168,000 .Note: If you like this analysis, please...
#GBPHPY in H4 Time Frame Setup At This Level the Price will Move to Top resistance level
Continuous push to the upside this coming , so far the weekly is look pretty good so sit tight and enjoy the ride.
GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical...
GBP/JPY Potential buy & sell opportunity on GJ wait for confirmation before entering any trades potential entry around 162.000 support area for buyers to take over the market. If price break & close below 162.000 support area There's possibilities that price can head back for weekly lows on GJ. Pay attention to price action.
As we can see on PEPPERSTONE: GBPJPY 4 hour chart setting up for another long setup. We can see clear liquidity area below the current consolidation & also clean demand zone which occur BOS (brake of structure). With in next week we are accepting price fall to demand zone & price will make another new high.
in GBPJPY we could see beautiful inverted head & soldier pattern and wait lets wait for the zones to buy
GJ did a ChoCh and has now fully filled the retrace back to a Fair Value Gap. Price Likely to head bakc up and target buy side liquidity.