Here the analysis of FX:GBPJPY for this month, As last week, we can see the movement of FX:GBPJPY show that the breakout with HNS pattern. The direction of FX:GBPJPY still keep on uptrend. As the trend is our friend, and readily the confirmation given, i will follow this pair uptrend. Beside on the fundamental side, There are many high impact news that...
My dear friends, Please, find my technical outlook for GBPJPY below: The instrument tests an important psychological level 189.81 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 189.52 About Used Indicators: Super-trend indicator...
FX:GBPJPY If the price successfully manages to break above the 38.2 level on the Fibonacci chart, it could indicate a potential bullish trend in the market. In that case, we may witness a retest of the 61.8 level or even a break above the previous highs. Furthermore, the break of our downward trendline suggests that the market could be shifting towards a more...
FX:GBPJPY Preference: The GBPJPY currency pair has created a micro-structural level of support at the price point of 188.021. The price has been following a downward trend, with a false breakout above the .236 level on the Fibonacci chart. This indicates that the price may continue to fall. However, if the price manages to break above the trendline and the...
GJ H4 just did a nice breakout to downside. Now it's retesting this resistance zone. Let's monitor price action and look for SELL opportunities. Our first target will be next support zone 188.40 OANDA:GBPJPY FX:GBPJPY FOREXCOM:GBPJPY
We've seen a FX:GBPJPY Double Top 191.136 and we're now at the neckline at 189.290 Waiting for neckline break and will short on the retest with Target at 187.160 range
ποΈPair of Name : FX:GBPJPY ( British Pound /Japanese Yen ) πTime Frame : 4H βοΈDirection : Neutral βType : Neutral πEducational setup. ββββββββ π·οΈDescription -------**-- While buyers have dominated recent trading, their control is slightly slipping, indicating a potential consolidation or retraction stage. Combined with that, there's also a channel band that...
ποΈPair of Name : FX:GBPJPY ( British Pound /Japanese Yen ) πTime Frame : 4H βοΈDirection : Short βType : Short πEducational setup. ββββββββ π·οΈDescription -------**-- As we can see, price chose bear side instead of bull side. We were expecting this since the news came out and that. Consolidation area. Meaning that price was about to blow.
FX:GBPJPY This pair has been on a steady uptrend since the 1st of February. Price rejected at 190.071 and started to create lower lows. In the process, liquidity was formed underneath the 187.917 and 188.912 levels. I'm looking for these areas to be retested before the uptrend continues. Based on the current trend, there is a possibility that the price may...
FX:GBPJPY The UK economy has been experiencing a notable slowdown since the start of 2023, which has worsened over time and culminated in a technical recession during the second half of the year. This economic downturn has been attributed to a range of factors, including a decline in consumer spending, weak business investment, and ongoing uncertainty...
My dear followers, This is my opinion on the GBPJPY next move: The asset is approaching an important pivot point 189.48 Bias - Bearish Safe Stop Loss - 190.95 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 186.98 About Used Indicators: For...
For GJ, Price is now re-testing Base zone ( Buy zone) of Quasimodo Bullish Pattern. Let's monitor price action and look for BUY opportunity. OANDA:GBPJPY FX:GBPJPY FOREXCOM:GBPJPY
FX:GBPJPY I have determined the harmonic pattern target on the chart; I wish you success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
My dear subscribers, This is my opinion on the GBPJPY next move: The instrument tests an important psychological level 187.17 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 186.42 About Used Indicators: On the subsequent day,...
FX:EURUSD FX:GBPUSD FX:GBPJPY Now apply this to real trading. We have a OANDA:EURJPY on the left. That's a 1-hour chart. price has taken out the high and is currently at a higher timeframe PD array. I am waiting for my selling opportunity in the form of a market structure shift and having the Asian session low as TP 1.
FX:GBPJPY Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
FX:GBPJPY is forming a false break of the resistance at 188.3 and is forming a consolidation, within which it can be seen that the market is under pressure from sellers. On D1 we see the formation of the global range 188.3 - 179.9. The price is forging a retest of the resistance of the range in the format of a false breakdown. After that consolidation will be...
FX:GBPJPY Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt