Hello traders welcome back GBPJPY has formed a beautiful appearance of chart that every trader can see clearly even if he/she is not experience of patterns, however combining to all my efforts and confirmations let us book togther and make easy money with me, just you only need to follow me and keep on eye with me everytime i posted a live signal.
The 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.
GBPJPY is making HHs and HLs, following DOW theory. There is no divergence on RSI There is also AB = CD Harmonics Pattern, And A continuous parallel channel also obeying the chart.
According to the behavior of the price in the current resistance range, possible scenarios have been identified. As long as the price fluctuates above the support range, the continuation of the upward trend is likely. Otherwise, with the breaking of the support range, it will be possible to start a downward trend
Market Analysis PT2/2 (22nd May 2024) GBPJPY Analysis On the 30 minute timeframe, we have created a very strong support at the 198.272 - 198.363 level, having more than 5 taps along the area and rejecting it. There are 2 scenarios i am looking for. 1) Price breaks above the 198.615 level with a body candle close on the 15 minute. If we do have that, i...
gbpjpy followed by major events in japan and britain has a choppy character. the 200 day moving average is around 195.00 and a break below that region will go down to 194.50 and 194.00 a retracement from 200 sma will go upto 195.50 where yo can find a resistance region and breaking that zone will pimp gbpjpy to 196 and 196.50 bullish...
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.
#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.
a quick rundown of why I stayed out of all yen's today.
OANDA:GBPJPY The H1 trendline of GBPJPY has been broken, and the setup has already been shared in the e minds. Now, we just need to wait for a retest for the entry setup to form. Also, there is support, which will act as resistance. Support levels are: 196.100-195.900. The entry has been taken from the H4 Fibonacci level of 0.786
The Japanese Yen(D) is going through the B to C leg of its correction, which we saw in the yen pairs in the last 24 hours. The GBP/JPY is our pick for a long trade because it has a more technical-bullish outlook than most other yen pairs. More info in the video. GBP/USD The cable broke higher yesterday above 1.2634 , the limit for any downtrend continuation. The...
GBPJPY just sweeped liquidity 196.10 now price is heading to create new high at 197.500 area before price retraces down forming a perfect rising wedge JOIN AND ENJOY
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Chart back to support level soon. Long Chart Analysis.
Hello,Traders! GBP-JPY is trading in an Uptrend but the pair is Locally overbought so After it hits the horizontal Resistance level of 197.410 I will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders ! On Friday 3 May, The GBPJPY Reached a Strong Support Level (191.370 - 189.994) Currently, The Lower High is Broken (Change of Character). So, I Expect a Bullish Move📈 ------------- TARGET: 197.040🎯
- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 1st Jul 04 and TP 2 on 21st march 08 - If we are looking for sells we take on until 3rd Feb 05 and TP 2 on 25th Oct 04 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the...
Last 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...