I've been watching this level for some time now. We've been consolidating for some time now but I feel like this coming week is the week for the downtrend to start. We should get price flowing downwards now targeting the relative equal lows. Feel free to follow me and reach out!
GBP-JPY is going up now But the pair has hit a horizontal resistance Level at 165.837 and despite the fact that I am bullish biased We all see that the pair is overbought locally Thus a correction from the level is a likely scenario
GBPJPY 4H : has opened with a gbp and on the first session, it has formed a strong bullish engulfer. Daily: Resistance is broken and retested a couple of times. Weekly: A bullish engulfer formed the previous week and this week opened with a gap. Trend: Long-term trend is up A possible buy trade is highly probable
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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. Press like button if you enjoy this content 😊
Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention Great British Pound vs Japanese Yen GBPJPY
GBP-JPY is trading in a downtrend In a narrowing bearish pennant pattern So IF we see a bearish breakout Then we will be able to go short With the confirmation
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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. Press the like button if you enjoy this content 😊
Hi Team This one is straightforward chart analysis. We are expecting JPY strength. We may well see GBP weakness in news events on Wednesday. We are reaching the contraction of a bearish wedge/triangle on the 4H timeframe. We have now seen structure rejection. Look for follow through and catch this simple sell! Clear invalidation above local resistance....
GBP-JPY is trading in a downtrend And the price is about to retest a resistance cluster Of the falling resistance and 162 That of a bearish flag pattern So after the retest we will see a move down
GBPJPY CHART ANALYSIS POSTED!!! Let's see how this pair will perform based on the analysis, I see short. Make sure you do your research and based on your confluence please look for the entry.
if GBPJPY fails to close above the 162.7 resistance, then it's going to continue its recency short
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 (4H) has formed a strong bullish engulfer with a liquidity grab from the monthly support zone. At the same time, there is an inverted head & shoulder have formed on the 4H timeframe. This market is long-term bullish and there is a high probability that GBPJPy continues to rise from this zone to continue it's long-term uptrend. Press the like button if you...
Short GBPJPY @ 163.30 TP: 157.88 SL: Will keep an eye and most probably cut this trade above 164.60 area. We saw a dovish hike from BOE which cause a sell off in GBPXXX currency which was all reversed on the back of the US NFP print (which doesn't really make sense). I would think this GBP rally will be short lived and I expect sterling to trade weaker in the...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Trend: Bearish Candles: Three White Soldiers. Support & Resistance: Price moves up after testing the support. Fibbonaci Retracment: Tp is set to 0.5 fib levels.
#GBPJPY Currently, GBPJPY is going up slightly due to MARKET RISK ON. We expect GBPJPY to wave UP again. Anyway, that PRICE can fall on the SUPPORT LINE below GBPJPY again. But now GBPJPY PRICE can go UPSIDE MARKET. GBPJPY can definitely SELL at 160.097 LEVEL. For that, MARKET RISK should be OFF and JPY should be STRONG in the short term. But we can BUY...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.