GBPJPY - Neutral - Wait for the breaksGBPJPY is consolidating , the pair is expected to hit the levels of 185 if it break upwards and the levels of 181.40 if it break the support levels.
About British Pound / Japanese Yen
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
🟢 GBPJPY: BUYThe GBP/JPY cross comes under some renewed selling pressure during the Asian session on Thursday and drops to the 182.40 area, or its lowest level since August 9 in the last hour.
The British Pound (GBP) continues with its relative underperformance in the wake of expectations for an imminent pause
GBP/JPY: Fresh Supply Spurs Drop to August Lows Amid Central ...GBP/JPY: Fresh Supply Spurs Drop to August Lows Amid Central Bank Uncertainty
In a recent turn of events, the GBP/JPY currency pair encountered renewed selling pressure during the Asian trading session on Thursday, causing it to slump to the 182.40 area. This marks the pair's lowest level since Au
GBPJPY - Short after retracement ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement firstly to fill the imbalance higher and then to look for a short if price rejects from be
GBP/JPY Faces Diverging Central Bank Views and UK DataGBP/JPY Faces Diverging Central Bank Views and UK Data
Introduction
The GBP/JPY pair continues its upward trajectory during the Asian session on Wednesday, hovering around the 184.00 level. As the pair extends its gains, it faces a confluence of factors, including diverging central bank views and
💱GBPJPY - The counter-trend correction may end soon GBPJPY is in the correction phase amid the global uptrend. The Central Bank may stop raising rates, which will predictably affect the pricing of the pound. A wedge is forming within the correction, which is an interesting set-up against the backdrop of the GBPJPY currency pair
TA on the high timefr
GBP/JPY - IS TRAPPING SELLERS - BEWARE !! BOE !!Hi Guys
Ive seen this set up too many times for me not to ignore it - GBPJPY could be trapping sellers
what do i mean by trapping sellers?
= by dragging the price lower and lower to trigger break out traders on the daily time frame
we have some high impact news at 12pm -
im certain the news w
GBPJPY short to 181.500We had a strong support level around 182.500. Now we broke it with momentum.
Target 1: 181.500
Target 2: 180.500
I use multiple timeframes to analyze my pair.
GBPJPY ; WEAKENING AGAING JAPANESE YENGBPJPY's drop from 183.46 is stretching and a further decline is expected towards 180.48 and therefore the price reached this low price, an increase in price towards the nearby resistance at 183 was expected .49 and obviously expected to see a price decline at the mentioned resistance level, but aft
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
