The GBP/JPY currency pair is currently indicating a selling zone, with the price at 196.604. This suggests a favorable opportunity for traders to sell the pair. To capitalize on this potential, traders may consider setting take profit levels at 195.50, 195.00, and 194.50, to secure profits as the price declines. Additionally, it's prudent to set a stop loss at...
GBPJPY Daily Trading Journal I suspected for Price to deliver a low to rebalance the D FVG created on Friday. Price was action packed rebalancing my noted Daily FVG and then taking the sell stops and buy stops. WOW. Price is still rebalancing the HFT SIBI. I anticipate that price to deliver higher prices to rebalance the 4 IFVG created in Mondays session.
The GBPJPY is in a strong bullish trend as we can see on the daily and four hour time frames. Currently we are seeing an aggressive pullback down into our optimal entry zone. In the video we cover the trend, price action, market structure and I share a couple of trade ideas for consideration It's important to note that the information shared is intended purely...
British Pound / Japanese Yen X - Right Prices! Based on my previous chart we have archived 100% accuracy on the prices! no Software, no computer only beautiful mathematic! Next mid support: 197.243 197.483 198.340 198.407 Execution price:198.608 Distribution price: $200.321 Prepare for Descending unless market go to the red area and finish the mess!
possible 1:8 sell setup after price went for liquidity area
I'm sorry this came in late...Market retraced to a support area..Over all bias on a higher time frame perspective is bullish...There was a divergence on 15min time frame which denotes that buyers are trying to take the market upwards....
GJ hit the highest high! She is starting to settle down and will retest the highest high and more than likely continue to be bullish. There is no real news for the rest of the day. As always I have marked both a Buy and Sell with a 40+ pip SL. Please follow your trading plan and adjust SL and risk accordingly. Good luck have a pipful day!
- 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...
Pair : GBPJPY Position : LONG ( BUY ) Entry 1 : 195.135 STOP LOSS @ 194.680 TP 1 @ 195.585 TP 2 @ 195.985 TP 3 @ open ( Trailing SL )
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #GBPJPY explained. Price action analysis & key level
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!
#GBPJPY Buy Idea ..............................................................
Hello traders! 🌟 I hope you're having a fantastic weekend. As we gear up for the trading week, I've spotted an exciting opportunity on GBPJPY that I wanted to share with you. Trading Setup: GBPJPY Cup and Handle Pattern ☕🖐️ The chart reveals a classic Cup and Handle pattern. Key Breakout Level: Keep an eye on the breakout level at 188.661. Cup and Handle...
GBP JPY closing the gap with 190. breaking 190 will result in a hike. BOJ is expected to normalize policy by MARCH or APRIL but most likely APRIL. in that case there is a 5 to 6 weeks time window to hike. the real targe is 200. 14th of FEB GBP GREEN CPI could strengthen THE GBP INDEX. For now JPY index is visiting very important bottoms while USD JPY broke her...
We have these indicators for SELL opportunity: - Reflection from the trend line (Has been created since 2020) - Low volume to continue the current direction - Resistance from last peak (2015) - Return/re-test to 1 Month high area (min. for TP1) We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips
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
OANDA:GBPJPY The pair is overbought and near resistance. Indicators show that the price has formed a peak. Fundamentally, after the BoJ decision to hike rates up to 0.1%, which was expected, the yen should recover, GJ should follow suite. The trade if the scenario unfolds will take a while