gbpjpy longwelcome here is my gbpjpy long idea its based on overall bullish price price trading above all emas, weekly pivot, 50% fib level of monthly candle lets see how this setup plays out Longby Romanovic11Updated 3
GBPJPY Supported by the 1D MA50.The GBPJPY pair has been trading within a Channel Up since late May 2023. Recently it has been rising on a shorter term Channel Up (dotted) supported by the 1D MA50 (blue trend-line). As long as it does, we have to stay bullish short-term, targeting the top of the Channel at 195.000. Since however the blue Channel Up has already completed a symmetrical Higher High leg at +8.24% (similar to the August 22 2023 Higher High), we face a technical necessity for a strong pull-back. We are willing to take this sell only if the pair closes a 1D candle below the 1D MA50. When it does, we will take the loss on the buy and short towards the 1D MA200 (orange trend-line), targeting 186.500. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot118
gbpjpy shortd1: the price just goes back into bearish ob and reaction to the supply zone h1: it break the up trend , the price has fall down from the opening and make a bearish engulfing 1-2-3 bearish wave is created. so open a short postion with SL above open price and ob/ Shortby thghnh0Updated 221
GBPJPY Analysis (16th April 2024) Market Analysis PT2/2 (16th April 2024) GBPJPY Analysis On the 1 hour timeframe, price action created a bearish Change of Character after rejecting off a psychological level at 192.700. In the process of forming a 1 hour CHOCH, price also created as 15 minute orderblock that hasnt been tested. I am expecting price to retrace towards the 15 minute unmitigated orderblock before looking for potential sell confirmations during the london session. Do keep a lookout for this potential set up! Shortby CallistoFX2
GBPJPY OUTLOOKPrice rejected previous weekly low and has potential to push up to next zone at 194.500 as part of overall uptrend move. Wait for bottom wick rejection to push upby DonPablo_Billioniare3
1hr gbpyjpy zoneHello Got gbp jpy short as the reason for that is because price went ahead to reach the weekly supply on the 19th of march. I see some supply zones that could be mitigated but there are also liquidity zones above as the weekly supply hasn't been filled in yet. We are yet to sees shorts now as its too early to say but I will look at areas of liquidity for any sudden moves.Shortby chiefcapitalfxUpdated 1
GBPJPY | Bull pushThere may be a bullish push on the GBPJPY chart, all the analysis has been listed on the chart. Take risks.Longby ATRFinder335
GBPJPY is following this sweet setup sell and buy see this GBPJPY level for confluence The sellers on the other hand will want to see the price breaking lower to position for a drop into the lower bound of the channel eventually targeting a break below itLongby Gold_Master971
GBPJPY just see this setup and make sure On the 1 hour chart, we can see more closely the recent price action with the pair bouncing on the most recent swing high level at If we get a pullback from the current high that’s where the buyers should pile in with a defined risk below the level to position for a rally into new highsThe sellers, on the other hand, will want to see the price breaking lower to position for a drop into the trendline around the levelLongby Fx_Oliviaa113
GBPJPY: Sideway MovementGBPJPY is moving rangebound, we will trade after the breakout in either side.by matifakbar0
GBP/JPY Rebounds from 50-Day SMAGBP/JPY may continue to track the positive slope in the 50-Day SMA (190.31) as it rebounds from the moving average. GBP/JPY Outlook GBP/JPY looks poised to test the monthly high (192.99) as it retraces the decline from the previous week, with a breach above the March high (193.54) opening up the August 2015 high (195.28). However, the Relative Strength Index (RSI) may diverge with price as it remains well below overbought territory, and GBP/JPY may no longer track the positive slope in the moving average if it fails to test the March high (193.54). Lack of momentum to hold above the moving average may push GBP/JPY back towards the former resistance zone around the November 2015 high (188.81), with the next area of interest coming in around 186.60 (50% Fibonacci extension). --- Written by David Song, Strategist at FOREX.com by FOREXcom1
GBPJPY IS IN BEARISH TRENDGBPJPY is in bearish trend it is perfectly reverse from there selling zone Shortby rizwanahmed06032
GBPJPY ShortAs of April 15, 2024, the GBP/JPY pair has been trading sideways, near 192.00, and holding above the minor bullish channel's support line at 191.15 A small short setup to the downside with a good Risk to Reward ratio.Shortby KANI_TRADES1
GBP/JPY SHORT 15/04Price made lower low and retraced to create right shoulder. Head and shoulders pattern respected, 3r tf rejection candle, and next candle broke the low indicating bearish momentum. Last week closed bearish, current daily pushed up early in the week to trap buyers before the drop.Shortby Stackin_Guap1
SHORT GBP/JPY from WR1 pivot 192.65The previous candle on H1 hit GBP/JPY WR1 Pivot and all the signs are that this pair will now reverse. The rationale for this assumption that GBP/JPY will reverse follows: a). The current H1 candle is BEARISH. b). On 15m time frame the RSI declining. c). The MACD on the same time frame is signalling SHORT. d). On the Andean Oscillator (15m) we can see that the green BUY line has slipped under the signal line and both are beginning to turn south - this is more apparent on 5M. e). The red SELL line on the Andean has risen off zero and is climbing. f). Traders frequently assume price will either sell off at WR1 or BUYERS will enter the market at WS1 (which is why EVERY trader should have pivots on their charts. Looks a banker SHORT trade this with a tight STOP above WR1 at 192.73 Target is open and depends on momentum but initially the 200 EMA on H1 looks favourite at 191.60 area.Shortby forextraplaces1
GJ Daily MarkupGJ is quite strong right now. I expect to see buys and a continual climb up until 2AM EST news for GBP. I always mark up both ways long an short. You choose or put both in. SL is a little tight feel free to change them and always please follow your trading plan and choose your risk/reward properly. Good Luck!!Longby Just_that_Chic0
GJ SHORTGJ has rejected the highlighted zone and have shown bearish momentum picking up. We can short the pair with a great RRR, My SL and TP would be adjusted to suit price action.Shortby fxdonno6
GBPJPY Double Top Pattern Formation ShortWe expect further downside on this pair, signalled by the formation of a double top. We can also see the breakout of a short-term trendline which further supports our directional basis.Shortby NDOBObanksUpdated 3
GBPJPY 30 M BUYS.Entry Taken During London Session. 1. Daily candle Strong Bullish Indicating Buys over Sells. 2. Price Created a New HH and HL Indicating Buys. 3. Entry Taken at 30 M Break Of HighsLongby singhsaharsha941
GBP/JPY Down rideGet ready for the reverse soon, look for your sell setups at your levels n timing for the ride back down..NY session may work back into the Hi or take it then it's back down family. Watch the time.Shortby amenti02020
possibility of downtrend Considering the position of the price in the support and resistance range, the possibility of changing the trend and starting the downward trend is more likely. If the price crosses the resistance range, the upward trend will continueShortby STPFOREX0
GBPJPY Outlook for the Day! GBPJPY Outlook for the Day! THE RISE TO FALL: Price is currently at the H4 support & H1 buying breakout zone. Target: I am predicting that price will buy until H4 double top structured resistance & H1 resistance. Action: We start off with the buy until price shows a proper selling structure. When it reaches the H1 selling breakout, we will continue selling on the lower timeframe.Shortby ForexGoldkinggg3