Because the interest rate difference between the US and Japan is still large, the sell-off of the yen in the market continues to accelerate despite the BOJ's decision to maintain loosening yield curve control.
The Japanese yen pound is on a downward trend. The above decision shows that rising global bond yields and sustained high inflation are making it more difficult for the Bank of Japan to maintain its yield curve control policy. As the outlook for the economy and prices remains extremely uncertain, the Bank of Japan will continue to promote accommodative monetary...
Ascending Channel inside Ascending Channel: Price formed a high test candle at the upper part of an ascending channel.
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.
Hello traders, as per my previous trading plan published on 27 October, we placed our buy order in GBP/JPY@180.85. GBP/JPY went very close to the 100-day EMA level which triggered our buy entry. Keep in mind, if the level holds, you can expect further uptrend. 183.71 would be the first hurdle which if cleared would take GBP/JPY towards 185 and even 187.
Hello traders, if you followed my previous ideas on GBP/JPY you already know that we have been buying the dips below 181. We had a couple of buy positions near 180.80 which generated over 160 pips on each trade. Currently, if you look at the daily chart, you can see that the price has rebounded after moving very close to the 100day EMA . With BOJ keeping the...
GBPJPY had a very explosive bullish week last week. So this week I'm waiting to see if price will pullback to provide an entry before potentially heading back up again. Please use your own risk tolerance and analysis before following this trade idea. 😁 Like this video post and comment below what your personal analysis is on this pair. Safe trading.
Price accumulated below the lows, within a Daily imbalance. Following order flow up, I want to see us respect the current 1H range and continue higher targeting the equal high liquidity on the daily.
Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
We expect further downside on this pair, signalled by the false breakout of the descending channel pattern. We can also see the testing and closing below of price the key level which further supports our directional basis.
looking first bearish trend for short term then buy after compalte 4th wave
A minor double bottom pattern has emerged on GBPJPY, precisely on a horizontal support level within the intraday timeframe. This setup appears to present a promising opportunity for short-term scalping. There is a potential for the currency pair to experience a rebound towards the 184.25 mark.
Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
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...
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...
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.
Hello trader, in both of my last two ideas on GBPJPY, I advised you to go long in GJ. Price was at 181.30 back then. So, if you followed you already made over 200 pips profit. Currently, on the hourly chart, GJ is inching closer to the hourly resistance at 183.80 zone. If the zone holds and we see the formation of some rejection candles in this area, then we can...
Hello traders, we are possibly witnessing the a consolidation and building of a bullish base for GBP/JPY which will propel the price towards 185 and even 188 in the coming days. Currently, I do not have any open positions in GBP/JPY. However, if price dips towards the 100 day EMA level near 180, I would definitely consider a buy entry.