Market did not break its Daily Key support level and changed its short term down trend to uptrend. we can see a good buy from this level.
Hello traders, here is an analysis and breakdown of the GBPJPY Pair. Market structure is showing that price is retesting a previous strong demand level where price has rallied to the upside exponentially multiple times. If history repeats itself, its very likely that GBPJPY could rally again to previous Daily Resistance levels. Price ahs not yet made lower lows or...
I think we're hitting a support zone on GBPJPY on the 4h timeframe. Might be interesting to take a long on it if it hits back the support zone.
Hello traders and the entire Tradingview community! As per my previous idea published on 12 December 2023, GBPJPY has indeed moved to the 178.50 level as I had anticipated. Now, the big question is, should we buy it? Idealy, we should not buy falling knives as they say However, the scenario seems a little different here. With this fall being partially...
Data emanating from Britain and Japan this week could mean that the GBPJPY is the currency to watch this week. Japan's Bank of Japan (BoJ) is set to announce its final interest rate decision of the year on Monday. Expectations from the BoJ are a little uncertain, prompted by remarks from Governor Ueda. Among various statements, he noted that the management of...
Buy Entry: 180.214 TP: 182.250 SL: 179.050 Almost a 1:2 R/R (200 pips TP) Next resistance. Bounced off of support
Dear Traders, FX:GBPJPY price consolidated and it is time to extract from that consolidation phase, we are now targeting 190 price region which will be crucial to look around that area. Entry now with accurate stop loss can be a good option to buy swing and take advantage this trade. trade smart not emotionally,
Hello traders! Along with other Yen pairs, GJ was very volatile last week. However, as we approach the end of the year and the big players in the market go on their vacations, both volatility and liquidity will reduce. Currently, GJ is in a very unpredictable zone. So, the best approach is to wait for a key level. I am waiting for GJ to reach the 179 level...
Navigate the complexities of the GBP/JPY market with our in-depth Elliott Wave Analysis. In this detailed post, we meticulously chart the current wave sequence, offering insights into both short-term fluctuations and long-term market directions. We explore how key global economic factors, including the UK's ongoing political and economic challenges and Japan's...
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.
We have CHoCH in 15min TF and then a pullback and sweep of liquidity and I'll wait for the price to break our high and then wait for a pull back to find an entry. I'll update this idea next week.
Hello everyone, GBPJPY 1D NEW FORECAST Yesterday, the pair's price was subjected to new negative pressures, which prompted it to form a strong negative attack, incurring many losses by touching the 178.60 level, and then rebounding correctively towards 181.00. Currently, with trading positioned below the 55 moving average axis, which in turn constitutes an...
Hello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
There is currently a 21% probability that the Bank of Japan (BoJ) will raise interest rates during its upcoming meeting on December 19. This would really send shockwaves through yen pairs on the day. Yesterday’s huge gains in the yen against the US dollar and British pound are just a glimpse of the possible volatility this action could cause. Yesterday BoJ...
GBP-JPY keeps going down To retest the horizontal Support level of 181.1 From where I believe We will see a local Bullish rebound as The pair is now oversold !
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello everyone, GBPJPY 6H NEW FORECAST During Friday's trading, the pair's price was exposed to strong negative pressure. We noticed that it sneaked below the 186.25 level, forming a negative two-peak pattern. We noticed that it incurred some losses by touching the 185.50 level. Despite the general stability within the axes of the ascending channel, the...
We have a BOS to the upside and we are in a pull back right now, I think this specific order block is good to go long. as you can see there are two entry setup, one with lower RR and the other one with higher RR. I'll set an order for the higher RR setup and if it is not triggered then I'll wait for a CHoCH in lower TF to find another netry. Lets see what will...