FX:GBPJPY GBPJPY has been on quite a roller coaster ride since September of this year (2020). We tapped into 133.000 key level but not for long! Price has been ranging in between the weekly and daily levels of 135.750 & 137.605..
Based on the Daily timeframe price is still forming higher lows and respecting the bullish trend line. There are lower highs forming...
The au Jibun Bank Japan Manufacturing PMI increased to 53.2 in March 2022 from a final 52.7 a month earlier, which was the weakest growth since last September, signalling a moderate improvement in the sector, amid declining Covid-19 infections, preliminary data showed. Output returned to expansion territory, albeit only marginally, while new order growth eased to...
FX:GBPJPY
This is just an analysis and not a signal for you to enter the trade!
You must go according to your strategy and look for the signal in the specified areas.
IRFOFC
FX:GBPJPY
The yellow and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
Good luck guys.
IRFOFC
FX:GBPJPY
The yellow and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
Good luck guys.
IRFOFC
FX:GBPJPY
On 4H chart, we can see that the price is at the resistance zone. And, we can see a 4H RSI Bearish Divergence.
On 1H chart, we can see a 1H Bearish Divergence on RSI, which confirms the bearish bias on 1H time frame.
On 10 min chart, we can see the bearish divergence on RSI that confirms the bearish bias on lower timeframe
And, we see the 50 and...
Good day, dear investors and colleagues traders!
Your attention a technical analysis of the currency pair #Gbpjpy:
* Commentary last week:
Last week, the currency pair added significantly amid rising pounds against the dollar. The pound, in principle, grew throughout the market sector using optimistic macro-economic data. In general, macrodata allowed to grow...
GBPJPY has hit the monthly bearish target early in the month and so we are expecting to see a nice rally up to the 134.000 level with a potential 500 pips on the table.
We have a nice 4 hour bullish engulfing candle so we are waiting for price to pull back into support before looking at long opportunities going into tomorrow.
Stops will be below the low and as...
FX:GBPJPY
Price on GBPJPY broke below the Daily support area simultaneously breaking the short term bullish structure on the 4H timeframe. This week I will be looking to go short on GBPJPY. A retest to 182.275 Daily resistance and/or a break and retest below 181.186 Daily support/resistance is were I will be looking to go short on GBPJPY.
