The GBP/JPY pair is trading in a sideways pattern, hovering just above the 183.00 level. JPY’s underperformance and the BoJ’s dovish stance are significant factors. On the UK front, the potential pause in interest rate hikes by the BoE due to emerging recession fears, coupled with technical indicators pointing at a potential bearish momentum for the Yen, suggests...
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.
The BoE has actually adopted a more cautious stance recently, as is clear from Governor Andrew Bailey's statement that the central bank is approaching the peak of its interest rate hike cycle. Despite persistent inflationary pressures, the BoE faces a delicate balancing act, as being too aggressive with interest rate hikes could endanger the UK economy. SELL...
GBPJPY BUYS in play. 1. Potential Bullish Trend. 2. GBP is strong meanwhile JPY is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
GBPJPY is trading in the descending channel. The market broke and closed below the psychological level at 184.000. Price action is printing the AB=CD, and it creating the engulding candle, indicating bearish dominance. We expect a retest of the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
Trade GBPJPY on breakout in either directions. Mange your risk!
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 is trading in the descending channel. The market rejected the support level, and it's pulling back to resistance. On D chart, the market is consolidating. If the price makes a false break at the confluence level, it might go further down. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
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.
As we all know that the economic condition of Japan is not fine, and they are also facing natural disasters. I still believe that Yen will remain weak in coming week. Better to look buying opportunities on such pairs which have YEN.
GBP/JPY trades with negative bias near weekly low, manages to hold above 184.00 mark The GBP/JPY pair is experiencing a slight downward trend for the second consecutive day on Friday and remains near the lower end of its weekly range during the Asian session. However, spot prices are able to stay above the 184.00 level, which should make aggressive bearish...
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.
the monthly : price is fully bullish, we can see that it broke the strong supply and demand zone. weekly; price broke and retraced to the broken supply and demand zone, there are two candles rejecting the zone so I'm expecting a retracement to the downside and then a bullish continuation. daily; The trend is fully bullish there is also a high momentum and we...
Starting off the week with a much needed analysis for the pair GBPJPY. Great British Pound / Japanese Yen This pair has been in a constant incline since CPI in March ... If you don't trade this pair often, at least attempt to focus on my RESISTANCE (sell) zones. Don't forget about the reversal! How to play my chart: Buy at support TP's (green), sell at...
after the price breaks the HH, a correction occurs with the price breaking the trendline (dotted blue line) and forming a new LL, most likely it will continue its bearish trend. the bearish trend here is a correction trend, we can expect the price to reach fibo 0.236
Hello traders, we want to check the GBPJPY chart. The price is moving in a descending channel and has pulled back to the key level indicated. We expect this level to act as a resistance level and cause the price to fall further. We expect the price to drop to around 183,500. Good luck.
Hello traders, we want to check the GBPJPY chart. The price is moving in an ascending channel and has pulled back to the specified key level. We expect this level to play the role of a support level and cause the price to grow. We expect the price to increase to around 186,600. Good luck.
Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!