#GBPJPY UPDATE GBPJPY is exactly on the way as predicted. Already in good gain . Still getting a good volume. We can see gain here upto 300Pips+ soon. Keep in touch we will update further soon.
GBPJPY bounced the buyside liquidity price have been on rejections from this zone am expecting another engulfing confirmations to push price to the upside am longing from this zone..........
Chart back to support level soon. Long Chart Analysis.
Trailing and scaling initial trade great opportunity for another entry at this level for a short. Price was at a bearish retracement 61.8% broke out of the micro bullish channel. The previous bearish move was extremely violent in comparison to the bullish move that took a whole week. I will ride it down to about 61.8% retracement of the most recent bullish move.
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...
It is expected that the price will move according to the specified path and after some correction, the upward trend will continue
The greenback steadied on Friday after dropping floor withinside the preceding consultation on susceptible jobs records, whilst sterling edged up following stronger-than-anticipated boom figures. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling simply better at...
- Candle closed bullish the previous day. If we are looking for a bid price, then we will continue to short until daily resistance levels are formed on July 1, 2004 and March 21, 2008 - If we are looking for a sell, we will trade before February 3, 2005 and trade at the daily resistance level on October 25, 2004. - Wait 1 hour for the candle to close above or...
GBP/JPY is looking bearish ahead as the trend seems to have exhausted its bullish momentum. I believe the downtrend will start from the double top area around the 197.00 level. I have set my stop loss above this double top level and my target is twice the size of the stop loss. Let's see what happens in the market. Good luck
Explore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
Hello,Friends! We are now examining the GBP/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 193.922 level. ✅LIKE AND COMMENT MY IDEAS✅
Do we have a potential monster trade opportunity in front of us? If the trend reversal on the higher time frame sticks, we could have an opportunity to get in right at the base of a next major move! In the chat we are looking at a bullish break of market structure. We discuss the trend price action and some concepts around building a position early on in a higher...
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
HI traders, seeing GBPJPY is having high upside potential given weak JPY and potential strong upside for GBP. Good luck!
GJ is on its continued bullish run. I expect it to climb until real news happens on 5/14 at 2am EST. With that news GJ will more than likely stay on the positive side and continue on its bullish run for the week. As always I have marked up both buy and sell. Take both delete the one that doesn’t activate to be safe. SL is right around at 40pips. Feel free to...
Traders are closely monitoring the GBP/JPY pair, eyeing a potential buy opportunity as it approaches the buy zone at 194.70. This level signifies a significant support zone where buyers are expected to enter the market with increased activity, potentially driving GBP/JPY prices higher. Traders view this buy zone as an optimal entry point to capitalize on potential...
The GBPJPY is displaying robust movement within a bullish channel. Additionally, a bullish reversal occurred near the lower boundary of the channel, indicating significant support. Given the proximity of this bullish momentum to the upper boundary, which has historically acted as resistance, a reversal is anticipated, potentially leading to a bearish movement in...
#GBPJPY UPDATE Hey team hope you all are enjoying our ideas and analysis Now we are here to discuss about GBPJPY. GBPJPY is getting a good bounce from this support level. Here we can see gain upto 300Pips+. Keep in touch we will update further soon.