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.
I expect this week gpjjpy falling down bcz if we see up there is strong level order block not yet broken so price can push down side till buyers interest get more and more waiting price action on monday
GBPJPY, M30 Expecting down before up as the price will go down to take liquidity from POI
GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
We saw great support created in the 157 area, now I believe in a pullback to higher point in 1.60 long position
short term short on GBPJPY from 158.13 down to 157 to 156.80 . from 156.80 price can start rallying back to the up side. stay tuned to this feed for live trading updates and signals. please refer to my previous publications to be able to understand how I approach the market feel free to drop your own views, comment or criticism .
GBPJPY is still consolidating. As long as the price does not make a new low, I believe it is a good time to buy a dip. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. Like and subscribe and happy trading to all
All important points are mentioned on the chart with Buy stop and TPs... This is my personal forecast based on Indicator, previous chart history... Please do your own research before entering this volatile market of Forex... Immediate Local Resistance @ 159.275 If broken upwards then TP1 @159.830 TP2 @160.364 TP3 @160.810 Alternatively, Immediate Support...
GBPJPY - Intraday - We look to Buy at 157.70 (stop at 156.65) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. Indecisive price action has resulted in sideways congestion on the intraday chart. Preferred trade is to buy on dips. Our...
Hello all! GBPJPY Top-Down analysis recap.. I am BULLISH on GJ. Reason being is because pair is in low curve on HTF, and it broke the Monthly supply of 163 back in March. So, 184 is the next target for the near future. On LTF, I am waiting for the POI (Marked in video) to mitigate, from there i will monitor 15 min TF and enter a LONG position! Enjoy the...
GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
GBPJPY has consolidated in the daily chart since the start of the year, following a steep decline in December. The price for GBPJPY keeps bouncing on the major area between 161.800 resistance and 156.300 support on the daily timeframe. There is also a minor consolidation between 161.800 and 160.600. This minor consolidation area is highlighted between the 50-EMA...
gbpjpy clearly in a uptrend on lower time frames and also pivots still showing trend up at the moment but this level gettin hit on the 4hr we could see a nice pull back which would be perfect for tomorrow for a buying opportunity around 159.1-158.8 now when it get to tomorrows pivot levels i want to see what it does just because we have equal lows "eql" and trend...
GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently...
We have identified both demand and supply zone from which price may react
GBPJPY Has retested off the key support zone again to create the end of a triple bottom that we previously saw break out bearish but with last weeks positive news for GBP and the downward trend of the JPY add confluence to the pivot point and we could see prices rise, that being said amidst the gloomy outlook on the undecided interest rates in the UK it would be...
GBPJPY reacted strongly after FED increased the interest rate, making JPY weak as Yen always sensitive with interest change. Look for potential buy after break the SWAP Zone.