dear Traders, I Expect price will start downward movement from 190.600-191.300 to 185.000 Area- (500 Pips Down), Looking for Sell Fibo (1.27-1.618) Dont forget like&Comment please ! Regards, Alireza!
The recent price action on the GBPJPY pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️ Please, support our work with like & comment! ❤️
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Lower Trend Line and Retracement RSI - Divergence Break of Structure Completed " 12345 " Impulsive Waves and " A " Corrective Waves
Charting the Course: A forecast for GBP/JPY as it sets its sights on a descent to the 186.555 mark. Buckle up for potential turbulence ahead!
GJ H4 just did a nice breakout to downside. Now it's retesting this resistance zone. Let's monitor price action and look for SELL opportunities. Our first target will be next support zone 188.40 OANDA:GBPJPY FX:GBPJPY FOREXCOM:GBPJPY
📉 GBP/JPY PRICE FORECAST 📉 OANDA:GBPJPY GBP/JPY encountered resistance from the peak of highs and subsequently broke down the ascending trendline. Presently, it's undergoing retracement towards the resistance level at 191.30. Alternatively, entry could be initiated upon the formation of a strong bearish candle. Key Highlights: 1. Resistance from peak highs...
Price forming double bottom at 88.2 fib retracement. Seeems too early in the week for the 4hr swing low to be broken. Expecting a bullish push from here. Jpy news this week will dictate whether bullish trend will reverse.
GBPJPY MARCH WEEK 3 OUTLOOK - Daily - GJ is neither here or there right now. first glance looks weak but there is a good chance that we might see a bounce off of 188.952 - 188.276 zone. if it drops and holds below it, then we might see a sustained bearish behavior. Origin - Looks bearish here. we can go short here or any pullback and rejection from zone 189.243 -...
Fundamentally and technically I have a bearish bias for today/this week. However, on my "pip sizes" anything can happen. With right setup I would buy to a green arrow and sell to a red arrow. Ideal scenario for the most confidence in my potential trade I would like to see a little fakeout to the upper zone (the one below my buy zone) and then turnaround and...
OANDA:GBPJPY BUY position can be taken in the specified ZONE There is no position before the ZONE
According to the new bottom formed in the chart, we expect to see the continuation of the corrective or downward trend. As long as the price does not stabilize above the previous ceiling range, the possibility of continuing the downward trend is more likely
INTRADAY 30M: TECHNICAL AND FUNDALMENT ANALYSIS We provides the latest technical analysis of the GBP/JPY (British Pound Sterling/Yen). You may find the analysis on a daily basis with forecasts for the global daily trend. You may also find live updates around the clock if any major changes occur in the currency pair. NOTE : 📬 COMMENT, ✅LIKE AND ☑️ FOLLOW. THIS...
With GJ currently respecting a solid support level I’m personally waiting on price to break from the smaller time frame range to give a clear direction. If price can give bullish structures then longs back to 191.200 would be possible. If price breaks to the downside and can retest then shorts would be the priority. Looking for at least a 1:3rr for both set ups....
We are likely to see a huge price decline in GBPJPY , analysis made using technical analyis only.
Got gbpjpy as long from last friday due to choch and strong demand from that level. Waiting for price to take out either liquidity and will be looking for a sell or buy depending on zone.
GBPJPY Pivot 189.060 - If the price is higher than the pivot, Long target TP1 at 189.660, TP2 at 190.290, cut loss if the price is lower than the pivot. - If the price is lower than the pivot, short target TP1 at 188.400, TP2 at 187.910, cut loss if the price is higher than the pivot. ***Please money management***
– Last Weekly candle closed Bearish rejecting recent Weekly Resistance around 190.700. Friday Daily candle closed Bearish but price ranged overall on the Hourly timeframe. I’ll be looking for potential Buys above 189.710 targeting 4h Resistance around 190.320 and Weekly Resistance around 190.690. I’ll be looking for potential Sells below 188.720 targeting previous...