currently the closest target is down to the SnD which intersects with the bullish channel trendline. if the price responds positively to this area, then there is a possibility that the price is bullish again.
🚨 GBPJPY HIGH PROBABILITY SELL SETUP SOON 🚨 * Here we can see clearly the next potential move for Pound/Yen in coming hours. * EP(SELL): 183.577 * EP(SELL): 183.293 * TP1: 182.413 * TP2: 182.221 * SL: 184.001 * Keep your eye close on your trading positions. * Happy pip hunting traders. * FXKILLA *
if you look at this pair at a glance, it looks like there is an opportunity to short, because the price has broken out of the trendline. it is better to wait a while, if the price can go down deeper than the blue line below, then the price will most likely go to the SnD area. this analysis is valid as long as the price does not rise back more than the invalid area.
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
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.
Hey Everyone, GBPJPY recently have overbought mainly due to JPY continuous bearish impulse. What we want to see here is for price to touch 181 region before it drops until 175 region where our take profit should be placed at. Please Like and Comment for more. :)
if you are looking for resistance areas on this pair, then you will look back to 2015. at the moment it looks like the bullish price is not defeated. if you want to go long, you should wait when the price retraces and maybe wait until the price pulls back until it touches the trendline which also serves as support.
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Impulse Correction Completed " ABC " Correction Fibonacci Level - 78.60% RSI - Divergence Break of Structure S / R Level
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.
Fundamental technical analysis: Based on the fibonacci retracement analysis, the current price correction is expected to reach the range of 0.618 to 0.5. This correction is aimed at providing liquidity for the upcoming price surge. Moreover, the RSI and EMA indicators suggest that the upward trend is likely to continue. Market observation: Earlier today,...
✔️ GBPJPY is expected to fall ✔️ Recommended to consider Selling from the balance and premium level 175.50 Now try to move down with new Sellers. ⚠️SELL the TOPS!!!
Fundamental analysis According to the EMA 34, 89, and 200 indicators, the market is currently on an upward trend and is following the price line. It is highly likely that the price may retest the slightly increasing sideways price zone or test the resistance area. Market overview before news In addition to the unexpected upturn in mortgage activity,...
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Rising Wedge as an Correction in Long Time Frame Impulse Correction HH - HL Divergence Break of Structure Bullish Channel in Short Time Frame
Price is currently at the fibo extension of 0.618, coinciding with a possible reversal on H4. I am more inclined to sell as long as price remains inside the blue box, with a small SL placement and TP distance.
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.
GBPJPY market broke and closed above the resistance at 173.500 Price action has been making higher highs, and the market might retest the next resistance, which is the fibo inversion level . We expect a retest of the major resistance level since the trend is bullish. ------------------- Share your opinion in the comments and support the idea with like....
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.
-GBPJPY have created HH and currently rejected from there, however, the trend has not yet confirmed. -If DXY remain bearish in this week, it will help the JPY to bounce back strongly, meaning GJ to drop further. -Entry is only valid if it break the structure and retest at our area of entry or else avoid entering.