WRONG analysis and direction.Appreciate the time to the person who read it. If any questions about concepts or methodology comment down below.:) Shortby JJFX11
GBPJPY- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 26th sep 05 - If we are looking for sells we take on until 19th june 03 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 112
GBPJPY OUTLOOK AHEAD OF UK INFLATION RATEPrice currently trade at 198.728 level. Price May surge higher to as we anticipate a report from uk inflation. A buy opportunity is envisaged from the current market price. Target - 199.300Longby Cartela3
GBPJPY is on the thin iceGBPJPY displays signs of weakness after a strong rally. Technically, RSI flashes the divergence, but the possible weakness of GBPJPY is imposed by increasing yields of 10-year government bonds for Japan, whereas yields of 10-year British guilts are stagnating. This situation makes carry trade operations less attractive and can lead to a strengthening Japanese Yen in the near future. Let's also not forget about Bank of Japan, which had pulled 23 billion dollars in the latest intervention, and may continue buying back Yen to maintain price stability.Shortby Stanislav_Bernukhov_Exness5
Just an IdeaThe primary method that I'm using for this analysis is called "CRT." The importance of this is that every candle is a range. And of course, we consider every consolidation a range, right? So technically the market needs to liquidate on one side and then break the structure on the opposite side. Same concept with the candles. Now apply it in the HTF and you will have a better view of the bias.by JJFX1113
GBPJPY ForrexThis chart shows a Bullish Trend with Bullish Flag Pattern and there is no Divergence also. Entry Point(buy Stop):198.905 Stop Loss:197.421 Lot Size:0.49 TP1:200.418 TP2:201.887Longby Azeem2083
gbpjpy bullish momentum on H4,H1bullish hourly candle close shows bullish momentum, targeting the 200.000 round number and potentially 200.300Longby Khalidd931
GBP/jpyi can see my pattern form on the 5 min is confirm by a fvg i can see g/j is strugleing breaking that HH so i m goona aspect a bersih impact because of that Shortby Thund3r_FXUpdated 8
GBPJPYI'm in the bear at 199.50 lets see what happens from here Target 1 should be no problem but target 2 may take a while. Shortby elitetechfx-dailyUpdated 9
Signal £30 million/JPY sellSwing Sniper printed 30 million copies. After the signal was sent, the price subsequently retreated, forming a new 30-meter supply zone. Prices are currently being retested in this area. It should go down soon. The minimum TP value is 196.03. Tp2 = 194.02. Tp3 = 191.63.by Thebest-traderUpdated 3
check the trend 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 trendby STPFOREX1
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
GJ may revert200 may be the good highest price for GJ and end the up trend. However. Need to set SL carefully.Shortby HiroVnpro4
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
GBPJPY ANALYSISgbpjpy 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 target 195.50 196 196.50 bearish targets 195 194.50 194 like share and follow us support us and motivate for more such contentsby realmillionairefxUpdated 3
price action onlygoing 1 order, will try this out, UK market might pump xau to retry top. we have higher high on xau 1hrLongby FormedzeusUpdated 332
GBPJPY ShortI expect some retracement on the pair but watch carefully because its a countertrend trade.Shortby VitezabrahamUpdated 4
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
USD and GBPJPY Pullback trade OANDA:GBPJPY took a hit on monday falling upto 0.5% and I expect the pair to close on red on this week. Bank of Japan will be trying to have the situation in control and to prevent the currency from falling past beyond repair. FX:USDJPY also expected to take the same path after it failed to beat previous highs around160 mark. A fall in OANDA:GBPJPY Will bring 193.000 to 191 points under focus will FX:USDJPY will likely to test 150 t0 152 zone. On the upside scenario a break of 200.600 support for GBPUSD will likely test 203 to 205 as it moves towards 210. Same case scenario for FX:USDJPY If it moves past 158 and 160 high then it will advance to 163 and 165 ****************************************************************************************88 Always conduct your analysis before placing any trade and use a hard stop lossShortby alonso7800
GBPJPY in the bullish trend observed.GBPJPY in the bullish trend observed. OANDA:GBPJPY The next target for GBPJPY is to reach near 205, The is technically observed that the GBPJPY will reach to the next uptrend target in these coming days. For more updates about this keep following me and hits likes if you find this idea best for you. OANDA:GBPJPY OANDA:GBPJPY LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.by Ali_ExplorerUpdated 111
GBPJPY: First green day, three days cycleHi everyone and welcome to my channel, please don’t forget to support all my work subscribing and liking my post, and for any question leave me a comment, I will be more than happy to help you! “Trade setups, not movements” 1. DAY OF THE WEEK (Failed Breakout, False Break, Range Expansion) Monday DAY 1 Opening Range ✅ day 3 cycle Tuesday DAY 2 Initial Balance Wednesday DAY 3 (reset DAY 1) Mid Point Week Thursday DAY 2 Friday DAY 3 Closing Range 2. SIGNAL DAY First Red Day First Green Day ✅ 3 Days Long Breakout 3 Days Short Breakout Inside Day 3. WEEKLY TEMPLATE Pump&Dump Dump&Pump ✅ Frontside ✅ Backside 4. THESIS: Long: primary, possibility to complete the weekly pump and dump, going to stop traders short since the last week Short: secondary, Thursday and Friday rise up creating a potential creepy pumping phase, with chances to reach back the LOW, however, to be in line with the overall move and signal, I prefer to position my self with more size, on the long thesis Please note that the purpose of my analysis is to help me and you hunting the best trade setup for the day, none of my technical aspects are a way to forecast any directional market movement. Gianni Longby GianniPichicheroUpdated 0
SHORT GBP/JPY from 199.70The high of 200.55 back on 24th April saw a deeep and rapid decline in GBP/JPY. I SHORTED this pair at 200.18 at the end of May and exited when the price started to head north. I SHORTED again after when the price returned to the 200 level and exited for 80+ pips when the price hit the 200 EMA on H1. 2 candles ago GBP/JPY BULLS pushed the price back above the 200 and the last H1 candle was a wide doji indecison candle as was the last H4 candle. It cannot be ruled out that GBP/JPY BULLS wont push the price higher from these levels, the signs are that any move higher presents an opportunity to SELL. The H1 Andean OScillator is signalling SELL on H1. The last 4 H1 candles have closed near the 200 EMA. The RSI is heading south on H1. The MACD is signalling SHORT on H1 and is moving under zero. It has to be remembered that all JPY pairs are in an uptrend. GBP/JPY has been heading north since August 2020 so this pullback is just that - a pullback to lower ground. How deep is the question. Previously we've seen GBP/JPY pull back to the 50 EMA on D1 which comes in at 196.00 are so its well possible that this level could be reached but news over the next few days will impact direction. Today we have Final Manufacturing PMI and ISM Manufacturing PMI out of the US. Its unclear how much this pair will be impacted on the print so tighten stops just to be safe. Shortby forextraplaces0