Pure technical analysis This morning in Tokyo session GBPJPY made a small tight range after made down ward move yesterday. We have two possible ideas for this pair to continue sell (blue and red arrows). Enter at the breakout of the lowest channel or wait for the price to purge Asian session liquidity in the next London session to put safe stop loss. Ride the...
The GBP/JPY pair on the M30 timeframe exhibits a bearish channel pattern, suggesting a potential selling opportunity in the coming minutes or hours. Key Points: Bearish Channel: The price has been confined within a descending channel, characterized by two falling lines, one for resistance and one for support. This indicates ongoing selling pressure and...
GBP-JPY is going up now But a strong horizontal Resistance is ahead at 188.74 So after the price hits the Level a local move down Is to be expected !
The previous analysis level is still valid, this new level can be good for ordering shorts
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...
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...
The start of 2024 has been remarkably bullish for this pair, and we're quickly nearing an important resistance point: last year's high at 188.700. Today's higher-than-expected UK CPI figures might just be the push needed to reach this level. Taking a look at the daily chart, we see that since June last year, this pair has been in a sideways holding pattern. This...
Hello everyone ... FROM here sell trend will start price may fake out to buy side for sl hunting then sell trend will start... Use good RISK management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
GJ is clearly on the verge of exhaustion and needs a major pullback from here. I am shorting at entry point posted on the chart. Please follow the entry, SL, and TP form plugins I have put on the chart.
HELLO TRADERS I am looking on this chart and its now created a ATH on Daily and Weekly TF & trading in a channel. as we know tomorrow is BANK OF JAPAN interest rates coming out and I hope so it will be good for JPY even they are same as in forecast maybe it can be surprising expected the BOJ to end its negative rate policy, which has set Japan's short-term...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL 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...
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The GBP/JPY pair presents a potential selling opportunity on the H1 timeframe, fueled by a recent bearish breakout from a triangular consolidation pattern. Key Points: Bullish Triangle Breakout: Though seemingly counterintuitive, the price has broken downward from a bullish triangle formation, characterized by converging resistance and support lines. This often...
GBPJPY W1 - The price may push off from the upper boundary and a strong level, which may lead to a guaranteed fall to 179.228 (lower boundary) D1 - The price has approached the breakout of the 1st wave, which can form the 3rd wave and begin a downward movement to the local level of 184.187. What can you expect? You can consider entering from the...
GBP/JPY extends its losses for the second session on Tuesday, edging lower to near 187.40 during the Asian session. The GBP/JPY cross faces a challenge of risk-off sentiment due to the escalated situation in the Middle East, which drives the investors toward the safe-haven Japanese Yen (JPY), which in turn, acts as a headwind for the GBP/JPY pair. The expectation...
GJ completed the validation of the double top pattern on the daily time frame, Showing that the bears are ready to take over has the previous day closes bearish, we may see an impulsive move on OANDA:GBPJPY with this in mind I'm anticipating the formation of a continuation pattern to prepare me for opportunity to short the pair. If you found this helpful...
Hello everyone, I will be selling GBP/JPY near 187.665 that's where the pivotal area is at and that's where it should retest the downwards trendline. My target will be at 185.998 (Daily D Extension.) This pair should continue to drop much more. Will be updating chart with new target once trade is over. Stop loss will be at 188.105 Happy Trading :)