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...
Intraday bias in GBP/JPY remains on the upside for the moment. Current up trend should target 100% projection of 148.93 to 172.11 from 155.33 at 178.51 next. Strong resistance could be seen from there to bring pull back, at least on first attempt. But break of 172.64 support is needed to indicate short term topping. Otherwise, outlook will remain bullish in case...
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,...
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.