#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.
Pair Name : GBPJPY TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 380 Pips (TP2/UP +240 Pips) Expecting More Upside ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then...
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.
we see first short term bearish trend and after long term bullish trend in daily timeframe
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.
Gj is has shown a rejection to its trendline and this running candle will be our decision candle to enter it closes above 172.238 then on retest we will enter cz this is going to be a confirmation candle as it seems to be a Marbozo or an Bullish engulfing so we will wait to close this candle and then enter otherwise for sell setup we will wait for price to...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that GbpJpy is currently retesting a quite obvious previous weekly resistance area at the 172 JPY level which is now turned resistance again. You can also see that as we are speaking, GbpJpy is creating bullish weekly market structure,...
Waiting for a clear, pull back into the fair value gap liquidity spot to initiate buys on GBPJPYw these fair value gaps also act as a support after broken resistance after some bullish pressure from GBP bulls
OANDA:GBPJPY Break the Previous Resistance this resistance level GBP try to 2 time now Break. Long Entry Tiger Tp1 and tp2 Mentioned in Chart. Now Move to 2nd Resistance level is 172
Pair Name : GBPJPY TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 380 Pips (TP1/UP +90 Pips) Expecting 380 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash...
Pair Name : GBPJPY TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 380 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for...
Technical Overview The GBP/JPY currency pair showed a bullish-harami candlestick pattern on Friday, which resulted in consecutive positive gains. This pattern was further confirmed by Monday's price action. The pair initially reached a low of 168.86 but quickly rebounded and surged towards 170.49. Currently, the GBP/JPY is trading at 170.47 as of writing.
since gbpkpy os forming a lowerhigh on my bigger time frame and this high is holding ill be looking for a sell at this level just waiting on bearish confitmation on the 15 min and the 1hr just for a little bit more conviction make sure you keep eyes on this and most likely other yen pairs im looking for yen strength today as long as thes highs hold
GBP/JPY is at a critical level. In the daily chart, you can see that price is quite overstretched and a correction is necessary. However, in the 4H chart, price has rebounded from the dynamic support in the 168 level. So, it is important to exercise some caution. 168 is the key level. If this level holds, then price may continue to keep going higher. However, if...