Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
Hello, GBPJPY - Potential Sell! for when the market reopens, becareful with this trade as any other trades and try to find a good entry.
- Currency Pair: GBP/JPY - Trade Type: Buying - Entry Price: 196.062 - Take Profit: 199.762 - Stop Loss: 193.958 Rationale for the Trade: - Bullish Outlook: The trade is initiated on the expectation of continued upward movement in the GBP/JPY pair. - Technical Analysis: The entry point coincides with key support levels, suggesting a potential...
Dear Traders, Hope you are having great holidays, today we have found two perfect areas where you can buy and target easy 500 pips or maximum of 700 pips. The first entry, enter with perfect risk management as it is risky entry, while the second entry is safe entry. Good Luck
up trend on longer time frame so we look to buy on 15 minutes time frame.
Hello,Traders! GBP-JPY is about to Retest the rising support And we are locally bullish Biased so we will be Expecting a local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The pullback that occurred after the rapid rise reached the 50% retracement level. EURUSD is near the upper boundary of the channel. We think that the chart will continue the pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
A glimpse of the GBPJPY in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
based on my strategy there will be another drop for GJ soon specially if closed below 196.863 (1hr) Heikin Ashi candle .
Bias is for a buy. Price retested my 1HR trendline as support for a third time on Monday at the 194.32 level. The next move I see is carrying price to the last area of resistance at 199.541 Wait for break & retest of structure at 197.342 level to confirm. Hold to 199.541
After price confirmed a down trend last two weeks, price retraced to liquidity while respecting the trend line so from here onward I expect GJ to fall through.
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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...
the idea shows a bearish movementfor the geppy, projection of one standard deviation from the manipulatio high.
Hello,Friends! We are targeting the 195.697 level area with our long trade on GBP/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
It is expected that the current bullish wave will end at the resistance levels and then a corrective trend will be formed. The price above the trend line is then expected to provide consolidation support. Ignoring all corrections, the price has entered a long-term uptrend
trying to post asap, but i think this is pretty ok trade
Price broke above monthly zone and has clear space to push up to next monthly high at 214.000. Watch for bottom wick rejection at zone for entry to push up to next level