The pair has held at a major support zone and recently broke above a major downward trend line (yellow). We are predicting an upward trend from this point and we are currently long with take profit set at the green zones. FX:GBPJPY
30 minute structure broken.Wait for a potential retest and short the pair To the daily support level 136.00. FX:GBPJPY * WEEKLY TREND =UP *DAILY TREND = UP *H4 TREND = UP 30 MINS TREND = DOWN(can ride the trend down to the H4 or Daily Key levels for short profits
Wait for wedge to break and retest, Aggressive traders can take position with stop loss FX:GBPJPY
FX:GBPJPY the pair is brutal and beside all the good bullish signals, the brexit news can hit hard anytime so trade with caution
FX:GBPJPY can be seen bouncing off the daily zone for the 3rd time. Will this trigger a bearish move? My opinion, if the most recent low (@183.107) is broken and retested then I'd go in for a short but until then, keeping my fingers crossed #GBPJPY Do your due diligence, past results does not guarantee future results
The FX:GBPJPY retreats on Tuesday by more than 0.20%, as the Japanese Yen (JPY) appreciated further against most G8 FX currencies. Market participants estimate that central banks in developed countries would cut rates, boosting the appetite for the Yen's safe-haven status and Gold. Therefore, the pair is trading at 187.24 after hitting a daily high of...
FX:GBPJPY entry level 152.341 profit target 152.000 stop loss 152.662 risk reward 1:1 disclaimer on (use your money management properly)
FX:GBPJPY recovered some ground, but it remains trading with losses of 0.31%, late in the North American session, due to risk-off impulse as investors slashed bets the US Federal Reserve would cut rates as aggressively as traders expected. The cross-pair is trading at 185.86 after hitting a daily high of 186.54. The pair dipped to a nine-day low at 185.08 before...
FX:GBPJPY snaps four days of losses, climbs 0.31% in the late Tuesday North American session, and exchanges hands at around 186.00 after bouncing from daily/weekly lows reached at 184.45. The GBP/JPY daily chart portrays the pair as neutral biased, as the slope of the Tenkan and Kijun-Sen shifted flat, which could open the door for range-bound trading. On the...
FX:GBPJPY retraces from weekly highs reached on Wednesday at around 188.24 and hovers around the 187.00 figure late in the New York session, as a three-candle chart pattern emerges that could warrant further downside pressure on the pair. In the near term, the GBP/JPY is consolidating near the year's highs, though it’s forming an ‘evening-star’ chart pattern....
The British Pound (GBP) remains steady against the Japanese Yen (JPY) during Wednesday’s mid-North American session after reaching a daily high of 188.24; the pair has fallen below the 188.00 mark, courtesy of weak inflation data from the UK. Therefore, the GBP/JPY hovers around 187.94, virtually unchanged. From a technical perspective, the FX:GBPJPY is upward...
In the mid-North American session, FX:GBPJPY rallied and refreshed eight-year highs at around 188.28 on Tuesday, after economic data from the US sparked speculations the Federal Reserve wouldn’t tighten monetary policy any further. Investors see that as a green light to buy riskier assets, to the detriment of the safe-haven status of the Japanese Yen (JPY). The...
Hello traders, my view is a long trade for 60 pips on FX:GBPJPY .
FX:GBPJPY Hello traders; Here's my outlook on GBPUSD: We see price creating HHS indicating a bullish trend. We clearly see a successful retrace at the inception of the bullish impulsive move initiated by smart money which BMS higher. So then, we except to see a continued bullish impulsive move from this point of entry.