✅The GBP/JPY currency pair is currently indicating a selling opportunity, with the price sitting at 199.500 ✅ This suggests that traders may consider selling the pair at this level. In terms of potential profit-taking levels, traders could look at exiting positions at 197.20, 196.70, and 196.00, which represent descending price targets. ✅ These levels provide...
The GBP/JPY currency pair is currently indicating a selling zone, with the price at 196.604. This suggests a favorable opportunity for traders to sell the pair. To capitalize on this potential, traders may consider setting take profit levels at 195.50, 195.00, and 194.50, to secure profits as the price declines. Additionally, it's prudent to set a stop loss at...
Daily chart: GBPJPY is currently in the 194.762 -194.974 key resistance zone from a technical perspective. If the price does not break the 194.974 level, a bearish pattern will be activated. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
OANDA:GBPJPY The pair is overbought and near resistance. Indicators show that the price has formed a peak. Fundamentally, after the BoJ decision to hike rates up to 0.1%, which was expected, the yen should recover, GJ should follow suite. The trade if the scenario unfolds will take a while
hello friends As you can see we had achieve all of our given Targets as we sent perdition in our previous analysis on this pair in this bull run... now its time to retrace some pips so if we see the Fib retracement its a easy target till design levels with a very low risk and higher rewards Friends its just a trade idea share ur thoughts with us Stay Tuned for...
Quick post from us on GJ! We have a higher target on this but it's potentially where this move terminates. So, we'll be looking at the level above for a RIP, if we get it, we'll short. As always, trade safe. KOG
Looking at the 3 months time frame and we can see that we are at a strong supply zone! Also the fibs lining up perfectly. I'll be holding this position for long time since trading higher TF. Bank of Japan will mostly intervene coming days and we shall see a sharp drop by next Friday! We are trading at 2007 levels and extremely overbought.
trying this out, going to try push gj, within 1hr to pump. sorry vpn issues, cannot post fast enough, goign to watch within tokyo first hour should pump, if not im closing, if break previous 15m swing high is another entry. can use stop market order then sl maybe 15 pips. just a idea
possible 1:8 sell setup after price went for liquidity area
The price is currently trading at resistance levels in all major time frames (4-hour, daily, weekly) Market sentiment is 90% short The divergence on the weekly chart gives us a better idea of the overall trend Stop loss 194.40, which is the fulcrum support for the daily time frame Profit level: 192.825 193.219 193.462 Good luck to you! !
Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
Hey Everyone, OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and...
GBP/JPY Analysis Hits the Mark, But a Few Pips Remain: Exciting News to Share! Hey Traders! 📈🔍 Our analysis on GBP/JPY has been spot-on, leading us to some impressive gains. 🎯💰 However, there's still some potential left on the table - a few pips that could make all the difference. 🚀💼 It's an exciting time to be in the market, and I couldn't wait to share this...
Trying to short and pick the top of an uptrend. Tight SL, ultra distant TP, therefore, big risk reward. Since it's wednesday, better to short it after rollover time to avoid high swap fees.
GBPJPY - SHORT GBPJPY can start to fall or make bigger corrective structure from the red level. wait for the sell setups and risk small always use Stop lost. sometimes its might spick up to take everyone out before the fall so careful and use risk management. V.Ragunath
My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 194.29 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 193.13 Recommended Stop Loss - 195.01 About Used...
GBPJPY as you can see every puch down with an AVG he filled that up, so in big picture that big bearish candle on the left its going to fill that avg to, GJ can make some deeper brearish candle for liqiud grap that wil maybe happen at the news tommorrow.
Hello,Traders! GBP-JPY went up sharply But the pair is locally Oversold so as the pair Is retesting a horizontal Resistance of 192.945 A local bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!