⚡️The GBP/JPY is stuck in familiar levels after a quiet early half of the trading week. Japanese CPI inflation and UK GDP growth figures due for the Friday trading sessions. Bearish correction in the Guppy is struggling to develop meaningful momentum. The GBP/JPY continues to struggle to push decisively in either direction and has been constrained between the...
⚡️The British Pound (GBP) and Yen (JPY) both failed to find momentum to launch the charts for the new trading week. ⚡️The GBP has struggled to find support across the charts after the Bank of England (BoE) kept interest rates steady last week in a split vote, and the end of the cycle appeared likely. The UK's interest rate hike has come much sooner than many...
⚡️GBP/JPY is trying to break below 181.50, GBP/JPY trading into the 181.50 handle, on the low side for the week. ⚡️The Pound Sterling lost ground across the board this week after a dovish twist from the BoE. The BoJ continues to maintain their easy monetary policy stance. ⚡️The GBP/JPY is ticking into the south side of the 181.50 handle after the Pound Sterling...
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.
LONG LONG LONG TRADE WITH PROPER MONEY MANAGEMENT THANKS
Either of my favorite trendline setups could play out. Lets see
GBPJPY is Forming Head & Shoulder Pattern, which indicates that trend might get reversed from the current price level. As it is slowly forming head & shoulder pattern, we might see some consolidation before getting a big downside move in GBPJPY one can trade for the short side on GBPJPY for the longer term. If You Like Idea Do Follow/Comment/Like For More...