Intraday SELL Level - GBPJPY 197.006A solid intraday level for profit-taking: entry at 197.006, targeting 196.71. Feel free to reach out if you have any questions!
GBPJPY
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame)
While the price is below the resistance 199.79, resumption of downtrend is expected.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
Trading suggestion:
Price rejected from Trend Hunter Sell Zone (198.42 to 199.79). We are going to open 8 sell trade based on these Take Profits:
Take Profits:
196.00
193.51
191.88
189.47
186.23
182.78
178.41
Short Term forecast: (H4 Time-frame)
The Uptrend is broken, and the price is in an impulse wave.
Correction wave toward the Sell Zone.
Another Downward Impulse wave toward Lower TPs.
SL: Above 199.79
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GBPJPY Potential DownsidesHey Traders, in the coming week we are monitoring GBPJPY for a selling opportunity around 195.700 zone, GBPJPY is trading in a downtrend and currently is in a correction phae in which it is approaching the trend at 195.700 support and resistance area.
Trade safe, Joe.
Quick BUY or SELL: GBPJPYI'm looking at these 2, depending on which way it leans to.
I Will wait and keep you guys updated.
Our Job is to be able to react to the market.
(even if these areas are hit I will need one final confirmation.)
GBPJPY Sell/Short SignalGBPJPY looks like a sell on the D1 and has been moving steadily down from the last entry we took. We are looking for a nice slide downward movement with key levels I marked on the chart. Last few patterns that have played out created a double top and a clear indication of an M formation to complete the full double bottom. I would like to see levels 192, 188, and 183 touch for a long term swing trade period, however, you are able to close when you wish to do so. Please be advised to use cautionary risk/reward ratios and what suits you best. If you have any questions, please feel free to message me as I love to answer questions! Thanks! Happy New Years to all! We are officially BACK!
ENTRY: 195.284 (can enter in these levels)
TP 1 (Day Trade): 192.020
TP 2 (Swing Trade): 188.006
TP 3: (extended swing trade) 183.762
SL: 50 Pips from entry
Please message me if you have any questions! Please enjoy your day and be sure to follow our page!
GBPJPY Is Very Bearish! Sell!
Please, check our technical outlook for GBPJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 194.994.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 192.442 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY Ideathis pair has formed:
1- a valid ascending trendline
2- double top
on h4 timeframe
and broke both of them with a big candle that close below the neckline and the last touch of the trendline
so we're now waiting for a retest and rejection on the neckline do we enter a short (sell) position
Follow us for more Updates and ideas
GBPJPY H4 | Bearish Continuation?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 195.88, which is a pullback resistance close to a 38.2% Fibonacci retracement.
Our take profit will be at 193.26, an overlap support level close to a 50% Fibo
The stop loss will be at 197.97, an overlap resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Potential Short on GBPJPYOANDA:GBPJPY topped out at 199.034 forming a double top with the neckline at around the 195.718 area which happens to fall on a previously broken resistance and later turned support. This area was massively broken through earlier today, if price finds resistance at the neckline and gives a good price action formation, price will likely fall lower.
I will target:
TP 1 - 193.321
TP 2 - 192.402
TP 3 - 189.174
Do your due diligence, past results does not guarantee future results
GBP/JPY H4 | Approaching pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 195.49 which is a pullback support.
Stop loss is at 194.06 which is a level that sits under an overlap support and the 38.2% Fibonacci retracement.
Take profit is at 198.81 which is a multi-swing-high-resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPJPY SELL im looking on selling GBPJPY in a short term price has been trading down for week now in this coming week we should be waiting for this sell to play out...
GBPJPY Trade Idea. Shout-out to the new Yearly Candle.
I'm on the lookout for these 2 levels to get hit. The take profits are going to change but this is in a perfect world.
I will post a signal once I take a trade, 2025 is to take less trades but to have a higher returns.
Potential bullish rise?GBP/JPY has reacted off the pivot and could rise to the 1st resistance which has been identified as a pullback resistance.
Pivot: 195.87
1st Support: 194.72
1st Resistance: 198.66
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.
GBP/JPY H1 | Potential bullish bounceGBP/JPY is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 197.87 which is an overlap support.
Stop loss is at 197.09 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 198.81 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBP-JPY Potential Short! Sell!
Hello,Traders!
GBP-JPY grew up sharply
And the pair is locally
Oversold so after it hits
A horizontal resistance
Of 199.805 we will see
A local bearish correction
Sell!
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GBPJPY Trend Analysis"All Insights are given on Chart"
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Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
GBPJPY Set To Fall! SELL!
My dear subscribers,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 198.39 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 195.23
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBPJPY Is Nearing Smaller Time Frames TrendHey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 197.100 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 197.100 support and resistance area.
Trade safe, Joe.
GBP_JPY RESISTANCE AHEAD|SHORT|
✅GBP_JPY is going up now
But a strong resistance level is ahead at 199.824
Thus I am expecting a pullback
And a move down towards the target at 197.799
SHORT🔥
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Will GBP/JPY Break the 200.000 Level? A Bullish OutlookThe pair GBP/JPY trading near the key horizontal resistance zone around 200.000. A breakout and sustained move above this level could signal a continuation of the bullish trend, targeting higher levels.
The ascending trendline below serves as strong dynamic support, indicating buyers' interest. Invalidations occur if the price closes below the trendline.
DYOR, NFA
GBPJPY: Will Start Falling! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPJPY pair price action which suggests a high likelihood of a coming move down.
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Bearish reversal off 50% Fibonacci resistance?GBP/JPY is rising towards the pivot which acts as a pullback resistance and could drop to the 1st support.
Pivot: 197.37
1st Support: 194.65
1st Resistance: 198.96
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.
GBPJPY Is Bullish! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 196.848.
Considering the today's price action, probabilities will be high to see a movement to 199.032.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
