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.
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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...
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
- According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX...
- GBP FEATURE currently stands at 1.2495 LEVEL. Also the JPY FEATURE stays at 0.0074 LEVEL. GBPJPY PRICE is moving higher than DYNAMIC S / R LEVELS. So most of the time the PRICE can be a bit UP ahead. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY.
- STOCKS are currently DOWN. And VIX is becoming DOWN. Also COMMODITIES OVERALL DOWN. ...
- GBP FEATURE currently stands at 1.2608 LEVEL. Also the JPY FEATURE stays at 0.0077 LEVEL. GBPJPY PRICE is moving higher than DYNAMIC S / R LEVELS. So most of the time the PRICE can be a bit UP ahead. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY.
- STOCKS are currently DOWN. And VIX is becoming DOWN. COMMODITIES OVERALL DOWN. Also...
⛔️ GBP FEATURE currently stands at 1.2173 LEVEL. Also the JPY FEATURE stays at 0.00778 LEVEL. GBPJPY PRICE has dropped on DYNAMIC S / R LEVELS. So most of the time the PRICE can be a bit UP ahead. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY. But buying XXXJPY CURRENCY PAIRS at this time is very risky.
⛔️ STOCKS are currently DOWN. ...
- FLASH PMI DATA S for GBP is due out today. They will have a huge impact on GBP. It will be somewhat important to us. Then we wait for the change in GBP. This week is nothing special for JPY. So the JPY MARKET goes through the SENTIMENT.
- GBP FEATURE is currently at 1.2902 LEVEL. Also the JPY FEATURE stays at 0.0078 LEVEL. GBPJPY PRICE has dropped on...
Great week ahead! sending many blessings to all in hopes that EVERYONE is profitable and EVERYONE is taking some time to breathe. PLEASE TAKE THE TIME TO READ. A lot can consume ones mind, but we must not allow these thoughts to define who we are. We all have the ability to be the best versions of ourselves RIGHT NOW.
most people fail at trading as even with...
beautiful week ahead! plenty of opportunity across all pairs as the next two weeks will be very volatile.
stay up to date & keep an eye on those charts and wishing the best to all
anticipate - react - execute
cheers
I'm looking for a long break on GBPJPY but first I'm seeing the market going side ways all the way to the yellow Zone, I'm still going to keep my eye on this pair we might see the break happening before the Zone. and like always we should respect the reversal patterns they can be a confirmation of the break coming up
Place a sell stop for GBPJPY at 151.50 with stop losses at 152.50 and aim for 148.50 in the short term. I'm net bullish JPY and selling GBP given the technical developments in the daily and 4hr charts
