GBPJPY: Very Risky Sell SetupGBPJPY: Very Risky Sell Setup On the other hand, the elders of the BOJ are only warming their seats since they have not made any decision in the last three years on monetary policies. The only decision was that of the interest rate after almost a decade, but even that was accompanied by dovish tones that did not support the currency. The stance of the BOJ against monetary policy, exchange rates, and the destruction of their people's savings remains unclear. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Shortby KlejdiCuniUpdated 6646
GBPJPY IS SET TO DROPBased on the setup of resistance being rejected and the momentum of the initial drop, you can say it is a good time to sell GBPJPY. There is news coming his week for GBP, so beware of the impact of price action. Take Profit: 190.0-189.75Shortby JoeJohnsonIV3
Bearish Drop GBPUSD is currently at the pivot close to the 50% Fibonacci retracememt and could potentially fall to the swing support level. Alternatively, if the price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 191.62 Support: 190.33 Resistance: 192.75 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets1
💷GBPJPY💴 Weekly 04/08/2024💷GBPJPY💴 Weekly 04/08/2024 Weekly High: 192.939 Weekly Low: 189.988 Chart Pattern: Descending Channel 💎Sell GBPJPY @ 192.6 - 192.8💎 Tuesday 04/09/2024 09:30 AM EST 193.2 StopLoss —> 192.55 BreakEven+ 💎Sell GBPJPY @ 192.5 - 192.9💎 Wednesday 04/10/2024 08:29 AM EST 193.7 StopLoss —> 192.45 BreakEven+ 💎Sell GBPJPY @ 192.2 - 192.6💎 Thursday 04/11/2024 04:19 AM EST 193.4 StopLoss —> 192.15 BreakEven+ Richard Eyo ~ The Wizard 🧙♂️Shortby richardeyo90003
Potential bearish reversalGBP/JPY is rising towards a resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 191.495 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement Stop loss: 192.562 Why we like it: There is a pullback resistance level Take profit: 190.101 Why we like it: There is an overlap support level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Shortby VantageMarkets7
GBP/JPY ↘️ Short Trade setup ↘️Hello Everyone 🙋🏽♂️ Trend Breakout 💲 Entry Point : 190.962 ✔️ Tp 190.322 🔴 SL 191.277 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $. Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the marketShortby EMA_Trading3
GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare3
GBPJPY just about ready for actionAfter price broke daily high with momentum, it retraced back down and formed liquidity above an established golden zone. It left behind a huge imbalance that it could potentially fill before pushing the the upside to take out the latest weak high since price is in an overall bullish trend.Longby BlackTygaTrades225
GBPJPY BUYING ZONE GBPJPY will retrace from current price and then printing double bottom and bullish divergence which indicate the reversal Longby rizwanahmed06033
#GBPJPY ANALYSIS#GBPJPY moves in the demand zone, with convergence a powerful combination expect a bounce in the coming days. ChrisLongby christrader881
GBPJPY Buyers In Panic! SELL! My dear friends, Please, find my technical outlook for GBPJPY below: The price is coiling around a solid key level - 191.04 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 190.71 Safe Stop Loss - 192.81 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 112
GBPJPY Breakout and Potential retraceHey Traders, in tomorrow's trading session we are monitoring GBPJPY for a selling opportunity around 191.250 zone, GBPJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 191.250 support and resistance zone. Trade safe, Joe.Shortby JoeChampion1112
GBPJPY might continue its decline toward the level of 185GBPJPY might continue its decline towards the level of 185. On the daily timeframe, the level of 185 aligns with a demand area, creating a confluence. On the H4 timeframe, we can see that the price has formed a bearish divergence. However, traders should remain cautious as geopolitical tensions in the Middle East and potential intervention from the BOJ could strengthen the yen in the short term. Overall, my view is that the overall direction for GBPJPY remains uptrend." Longby muhammadsyafiqcr27221
GBPJPY might continue its decline towards the level of 185. GBPJPY might continue its decline towards the level of 185. On the daily timeframe, the level of 185 aligns with a demand area and also 200 ema as a confluence On the H4 timeframe, we can see that the price has formed a bearish divergence. However, traders should remain cautious as geopolitical tensions in the Middle East and potential intervention from the BOJ could strengthen the yen in the short term. Overall, my view is that the overall direction for GBPJPY remains uptrend." Longby muhammadsyafiqcr270
GBP JPY PRICE - BACK TO SUPPORT ZONE TILL 188.600 PRICE GBP JPY PRICE - BACK TO SUPPORT ZONE TILL 188.600 PRICE, here we can see we got a break out let the price take a retest then make a short entry as shown in the picture, follow for more updates Shortby FOREX_TRADER_007Updated 4
GBPJPYMonthly tf bearish market structure with price completing a correction. With a FV gap waiting to be mitigated.by Chapd_Mrpip4
GBPJPY BUYPrice above the monthly cloud timeframe Price above the weekly cloud timeframe Price above the daily cloud timeframe I will wait for a pullback on the H1 and H4 timeframes for a buy setup. "Please ignore all sell setups as they are just pullbacks."Longby Obreezy5Updated 2
Top Down Analysis GJ In this video I break down market structure the same strategy I use daily to make money inside the markets feel free to like comment or share06:03by Gentry952
Market structure GBPJPYIn this video I break down market structure how do we as traders make money or lose money feel free to like comment or share09:08by Gentry951
GBPJPY Longs We are looking for long position on GBPJPY going into next week reasons for this is because we have came into a key Level on the Daily supply and Respected it. Dropping down to H4 looking for key Levels to enter. we had a BOS at 189.430 but we never came back for a pullback due to early Buyers now we can see its starting to come back to our Level we will react when prices taps into our Level. Make sure to keep this pair on your watchlist. Longby Pragassa1998_2
Day support reached wait for structure change buy.Price reached at its daily support try to buy at this level after a strong confluence in lower time frame Longby DontTradeBlindly2