GBPJPY : CHANNEL PLAYThe pair is trading inside a bullish pattern structure. From this point, looking for short opportunities. Please do your own analysis before placing any trades. Cheers and happy trading.Shortby FX_Wize110
GBPJPY: Short Signal Explained GBPJPY - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell GBPJPY Entry - 198.70 Stop - 200.46 Take - 195.79 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals225
GBPJPY ShortI expect some retracement on the pair but watch carefully because its a countertrend trade.Shortby VitezabrahamUpdated 4
GBP/JPY: Identifying a Reversal Following a Strong AbsorptionFollowing the successful closure of our previous position in this currency pair, which yielded a profit, we are now closely monitoring the market for signs of a potential reversal. This observation is based on the appearance of a strong absorption candle around the 200.55 area, which initiated a price retracement. The price has since retraced and returned to approximately the 80% value area. At this juncture, we are detecting indications of a possible new reversal towards the imbalanced areas. This setup suggests that the market might be poised for another significant move. By analyzing the price action and the behavior of the absorption candle, we aim to capitalize on this potential reversal. It is crucial to keep an eye on the imbalanced zones as these areas may provide opportunities for profitable trades. Our strategy will involve carefully monitoring these levels and adjusting our positions accordingly to maximize our returns.Shortby FOREXN1228
GBP/JPY: A Closer Look at Recent Market DevelopmentsThe GBP/JPY Futures have demonstrated seven consecutive days of growth, characterized by a consistent retesting of previous market inefficiencies and increasing volumes. Each day, the price has closed above the volume range of every candle, while also maintaining its position above the Volume Weighted Average Price (VWAP). Additionally, the Delta has consistently closed positively at the end of each daily session. Tick volumes have remained below the 20-day Moving Average, indicating a sustained rally trajectory towards the 199.895 area to address buyer and seller inefficiencies. Notably, the current candle exhibits an imbalance between buyers and sellers, reflected in a negative delta. However, it's important to note that this data may fluctuate following the release of the Consumer Price Index (CPI) today, introducing additional volatility to the pair. British Pound / Japanese Yen Futures Longby FOREXN1Updated 331
Daily Breakdown #2 | The Modern Day Trader | US30 - SHORTWhat's up Traders! In this video I've provided a full breakdown of my watchlist but the instrument I'm focusing most on today is US30. US30 is currently at a Daily High and Yesterday's close completely engulfed the previous, indicating a strong rejection from the area. Structure from the 4-hour right down to the 1-Hour is shifting to the downside with clear one-sided displacement. I'm patiently waiting for a correction into my POI to drop down into my micro-timeframes to observe if my entry criteria is met so I can pull the trigger for short positions.Short11:58by Sam_Mfeka0
GJ Weekly markup 5/20 GJ still rising in her daily time frame and seems to be forming m the second peak of what looks like could be an “M” forming. I definitely do believe on this journey up there will be pockets of selling that you could capitalize on but for the most part I’m going with bullish. GJ opened today bullish so I see her to continue to have an over all bullish response to news. Per usual I have set up both a buy and sell with a tight SL of 30pips. Pleas feel free to widen this and always follow your trading plan and manage your risk appropriately. Good luck!! Longby Just_that_Chic0
GBPJPY ready down?GBPJPY is likely to experience a decline in the next few days, with the movement of gbpjpy already touching the upper channel boundary, which creates a strong barrier for gbpjpy to rise further. I hope gbpjpy will take corrective steps first before continuing its increaseShortby gwyap114
SHOULD NOT BE BREACHEDThe Red Line shall act as the last defense to hold buyers. Should it be broken, no idea (218.396)?. This is just an idea and not indicating buying or selling at any particular prices.by cornelius2705791
GBPJPY DAILY ANALYSIS Hello traders, here is a setup of GBPJPY and you can see that the price has been on a bullish trend for the past weeks and months so now it has reached the level of resistance (red zone) I will wait for the price to break it then pullback then I can look for bullish opportunities. Longby dlaminisya1
GBPJPY Technical Analysis and Trade IdeaOn the daily timeframe, GBPJPY has demonstrated a strong bullish trend. Our main goal is to identify a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as discussed in the video analysis, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, insights into price action, market structure, and a potential trade setup. Always exercise prudent risk management when trading, and remember that this information is purely educational and not financial advice.Long08:27by tradingwithanthonyUpdated 1
long AS GBP is strong ,jpy is week on higher and lower timeframe ,market will touch the below support will touch the above resistance level by aslamfahad0200
My GBPJPY analysisUsing Topdown analysis method, the market proved to be in an uptrend across multiple timeframes. As the price have broken through an area of major resistance and an all time high of recent times,targeting the next high (215.877) that dates back to July 2008 is the only inevitable.Longby RainbowReus110
GBP/JPY Rally Pushes RSI Towards Overbought ZoneGBP/JPY approaches the April high (200.55) following the failed attempt to close below the 50-Day SMA (192.88). GBP/JPY Outlook GBP/JPY climbs to a fresh monthly high (198.59) to push the Relative Strength Index (RSI) towards overbought territory, with a move above 70 in the oscillator likely to be accompanied by a further advance in the exchange rate like the price action from last month. GBP/JPY may further retrace the decline from the April high (200.55) as it carves a series of higher highs and lows, with a break/close above the 199.80 (61.8% Fibonacci retracement) to 200.50 (78.6% Fibonacci extension) region opening up 202.00 (23.6% Fibonacci extension). However, failure to clear the above the 199.80 (61.8% Fibonacci retracement) to 200.50 (78.6% Fibonacci extension) region may keep GBP/JPY within the April range, with a move below the 195.28 (August 2015 high) to 195.89 (June 2015 high) area opening up the 192.40 (50% Fibonacci extension) to 193.50 (38.2% Fibonacci extension) zone. --- Written by David Song, Strategist at FOREX.comby FOREXcom1
GBP Weekly Analysis GJ has the potential to push up targeting last month's previous high.Longby Chinny221
GBPJPY SellGBPJPY Sell Stop Loss: 198.9 Targets: 198.1 198.0 197.8 197.6 197.0 196.6 196.0 195.5 194.5 193.0Shortby MoneyGangPhone0
@@@@@ GBPJPY UNIQUE IDEA $$$$#GBPJPY UPDATE Hey team hope you all are enjoying our ideas and analysis now we are here to discuss About GBPJPY. GBPJPY is exactly on the way as predicted already 400Pips+ gain after our prediction. Still this is getting a good volume. We can see price around 200.0 soon. Keep in touch we will update further soon.Longby Williamforex1
GBPJPY My Opinion! SELL! My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 194.29 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 193.13 Recommended Stop Loss - 195.01 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 335
GBPJPY- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on7th Oct 04 and TP 2 on 22nd June 05 - If we are looking for sells we take on until 25th may 05 and TP 2 on 30th april 2024 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-8% of our capital. Close trades manually once price reverses to opposite direction and 1 hour candle closes below/above order Block. - After hitting TP 1 or any TP {dont not re-enter new trade} , for TP 2 always use B.E .by Mbugua-KeUpdated 4
GBPJPY Buy IdeaLast week the Bank of England moved closer to cutting interest rates, but markets are divided on whether a first cut will come at the bank’s next meeting in June or whether policymakers will hold out for longer. Two official sets of employment data and two rounds of inflation figures are due before the BoE’s next meeting on June 20. The first of the two jobs reports on Tuesday will be closely watched for signs that pay increases are fueling price pressures. Annual pay growth is still running hot, while labor supply is stagnating.Longby KhalilKarimiiUpdated 225
GBPJPY MAY 2024 WEEK 4 OUTLOOK -Daily - bullish. as long as we stay above **196.459 - 195.271** the bias will hold. Origin - **197.178 - 196.163** is the zone to look out for. when price pulls back to this zone, I will look for buyers to step in. Longby Osiris9921
GBP/JPY H4 | Potential bullish bounceGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 196.93 which is a pullback support. Stop loss is at 194.90 which is a level that lies underneath a pullback support. Take profit is at 199.52 which is a level that aligns with the 78.6% Fibonacci projection level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long02:40by FXCM3
📈🔔 *Attention Investors! GBPJPY Rally Alert!* 🔔📈 Hello traders! Hope you're all thriving! 📉 Yesterday, gold took a dip, but now it's caught in a range from 197.635 to 198.060. 📊 Two potential biases await: 🔍 Bias 1: If gold breaks above and closes higher, expect thrilling buying opportunities! 🚀📈 🔍 Bias 2: If gold breaks below and closes lower, brace for potential sells to the downside! 💼📉 Let's navigate these moves together! 💫by hanalyeeforex2