GBPJPY is the ticker symbol for the British pound sterling and the Japanese yen exchange rate.
Trade #1 Trade Type: Buy Stop Entry Level: 193.050 Stop Loss: 190.300 Take Profit: 195.507 Risk to Reward Ratio: 1:1 Trade #2 Trade Type: Buy Stop Entry Level: 193.050 Stop Loss: 190.300 Take Profit: 198.196 Risk to Reward Ratio: 1:2
Hey there on 1htF The GBPJPY has looking for downside now as there we can see it has continue has moving 191 to 194 so we can now again see downside area from here to reach target soon
Hello,Traders! GBP-JPY went up sharply But the pair is locally Oversold so as the pair Is retesting a horizontal Resistance of 192.945 A local bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I am neutral on the pair, if the price respects the resistance level, we will go short, if the price breaks the resistance level, we will go long and then retrace from the rise date
As price hit resistence area expect to fall pls like for support thank you
This would be the next slide of the GBPJPY Journey which started with a simple Mind posted, evolving into the next idea with the next steps. The previous 2 snapshots provided a very clear bias (the short followed by the long), but now I find myself in the situation where I am looking for 2 potential scenarios which I would consider to be intriguing if the price...
GBPJPY 1 Hour Trading Journal Since Thursday price tested the sells stops and was successful in taking liquidity from Sunday April 14 while attempting to rebalance the 4 hour BISI. Monday price declined to rebalance the 4 H BISI again. I anticipated that price will gravitate to the Daily buys stops for a weeks target and with todays RED FOLDER news it swept...
4.45pm - 5.05pm was a good session today - it was a pretty short one though Im posting this a little too late but idc 1 trade: veri gud trade, winning todays PnL: +4.4 pips (+1RR)
Price has been moving down on the 30m and 4h chart creating lower highs and lower lows but this morning price broke the most recent resistance indicating a possible change in structure. This was confirmed with a higher support on the 30m chart which means trading this time frame alone I would be looking for buying opportunities. It is nice confluence to see this...
Possible drop in gJ prices to at least 191.714? is not a solicitation of trade.
Let's sell this pair at this level. Market order. Risk:reward. 1:2 or 1:3 Blessings.
!- Double Bottom. 2- Strong Support Zone. 3- Bullish Divergence on RSI 4- Bullish Engulfing Candle. Entry & Exit as on Chart
My dear friends, Please, find my technical outlook for GBPJPY below: The instrument tests an important psychological level 190.56 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 191.38 Recommended Stop Loss - 190.11 About Used...
Hello there, GBPJPY has the potential to reverse the bearish momentum to an uptrend. The bullish directional bias is 192.431 with two price targets. If the price goes below 190.322 then that will invalidate the setup. Happy trading, K.
We're currently monitoring GBP/JPY for another potential entry opportunity within a defined range area. Our analysis suggests a possible upcoming bearish movement towards the lower boundary of the rectangle. It's worth noting that these trades are geared towards short-term scalping strategies. Therefore, we advise thorough consideration and evaluation of the...
Let's see how this one goes. Looks bullish and risky to short it, but my strategy is pointing me to take this trade.
Entering late again. Bad risk reward. We'll see how it goes CORRECTION: Stop loss should be a bit lower than the one shown here. I made a mistake. Ideal SL 190.25