GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPJPY
GBP/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 197.605 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/JPY pair.
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GBPJPY → Trade Analysis | SELL SetupGBPJPY s moving to the upper boundary of the ascending channel.
The volatility of the movement has decreased.
The price has reached the resistance level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
GBPJPYGBPJPY price is in the strong resistance zone 206.601-206.889. If the price cannot break through the level of 206.889, it is expected that in the short term there is a chance that the price will adjust down. Consider selling in the red zone.
>>GooD Luck 😊
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*Always follow your trading plan regarding entry, risk management
GBPJPY Massive Short! SELL!
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 206.37 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 - 206.07
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GBPJPY ( SHORT ) ( 4H )GBPJPY
HELLO TRADERS
Tendency under bearish pressure after the price stabilizing below resistance trendline
TURNING LEVEL : a blue line between resistance and support level around 206.513 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level , then if the price breaking order block active bearish zone
RESISTANCE LEVEL : there is a green line around 207.248 , indicates selling have already increase this level , so if the price breaking turning level reach this target
SUPPORT LEVEL : there is a red line below turning level around 205.141, indicates buying have already increase this level , so if the price stabilizing turning level reach this targets
PRICE MOVEMENT : maybe first the price will trying to rising turning level around 206.513 , after dropping to the support level around 205.141 , then stable below this level reach 204.077,if the price breaking turning level reach a new resistance level at 207.248
TARGET LEVEL :
RESISTANCE LEVEL : 1.281 , 1.285
SUPPORT LEVEL : 1.268 , 1.264
GBP/JPY H4 | Bullish uptrend to continue?GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 205.144 which is a pullback support.
Stop loss is at 203.77 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level.
Take profit is at 206.67 which is a pullback 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. 68% 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. 73% 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.
ready to open a sell position on GBPUSdHi there,
We are ready to open a sell position on gbpusd. In weekly and daily timeframe price in a powerful descending channel, but we are watching a ascending channel in H1 and H4 timeframe.
So we are waiting to break this ascending channel and after that open two sell position (midterm and long term position)
For long term position sell it at 1.274
TP1 1.214
TP2 1.164
SL 1.324
Please give you comments below.
GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
#GBPJPY: 1500+ Pips Upcoming Bullish Trend| GBPJPY| Setupsfx_| Hope all of you having a great weekend,
Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly after creating a record high created AB=CD PATTERN.
Now we expect price to continue the bullish run upwards 205 area and beyond. The perfect entry will be on Monday London session. Use marked blue lines as entry and stop loss points.
Good luck and trade safe.
#GBPJPY: 500+ PIPS Buying Opportunity! Do not miss out! Dear Traders,
Hope you are doing great, so GBPJPY failed to drop swing as we expected during our last analysis, due to JPY bearish pressure. We expecting the bullish move to continue dominance around 205, where we can see bearish reversal to continue.
Team Setupsfx_
GBPJPY Technical Analysis and Trade Idea - Trading A Breakout👉🔍 In this video, we take an in-depth look at the GBPJPY currency pair. You'll notice that it is clearly range-bound on the 15m through the Asian session. We explore the possibility of a breakout at the highof the range and focus on how to capitalize on this during the London Open when a potential break of the 5-minute timeframe Asian range occurs.
Additionally, we cover essential topics such as trend analysis, market structure, price action, and other key aspects of technical analysis. Please remember, this video is for educational purposes only and does not constitute financial advice. 📊✅
GBPJPY: Needs a Rest!Hello traders,
JPY journey to lost it's value was profitable for many traders. but when it's going to end? i suggest observing HTF and I'll do in near future.
But for mid-term view I think we might see a reversal so if you are an intraday trader please take less risk in longing the pair.
I'm waiting for middle or bottom of the channel to start longing again!
GBPJPY I Next potential long opportunity Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBP/JPY: A Steady Climb—Is Now the Time to Join?As GBP/JPY continues its steady ascent within a robust bullish channel, the currency pair presents an intriguing opportunity for traders. This chart analysis highlights the pair's long-standing adherence to the ascending trend line, showcasing a potential entry point as the bullish momentum persists. The consistent upward movement, supported by solid trading volumes, suggests a favorable climate for those considering participation in this trend. Traders should remain vigilant of any shifts in market sentiment that might affect this trajectory, but the current pattern could offer promising prospects for strategic entries.
GBP/JPY H4 | Bullish uptrendGBP/JPY could fall towards an overlap support and potentially bounce off this level to climb higher.
Buy entry is at 203.04 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 201.85 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level.
Take profit is at 204.25 which is a pullback 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. 68% 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. 73% 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.
The yen fell to near its lowest level in 38 yearsThe Yen has fallen to extra than one hundred sixty Yen consistent with USD, elevating worries that Japanese government will interfere once more to include this scenario.
Reuters suggested that on June 27, the Yen fell to extra than one hundred sixty Yen consistent with USD, close to its lowest degree in 38 years. The Yen has fallen approximately 2% at the month and 12% at the yr towards the USD.
According to Xinhua, at one factor in the course of the day, the USD turned into buying and selling at one hundred sixty.05 yen, marking the bottom degree when you consider that April 29.
Recently, the Japanese Government has signaled the opportunity of suitable intervention to reply to immoderate volatility. Previously, for the reason that cease of April, the Japanese Government spent 9,790 billion Yen (approximately extra than 60 billion USD) to push the Yen up 5% from its lowest degree in 34 years.
Analysts say that even though the danger of intervention has increased, the Japanese Government can be looking ahead to the United States private intake expenditure (PCE) statistics file earlier than getting into the marketplace.
“Exchange prices and the charge of decline are each essential elements for the Ministry of Finance to recollect intervening,” stated Boris Kovacevic, international macro strategist at international bills enterprise Convera in Austria. the Forex market marketplace. However, reducing volatility withinside the alternatives marketplace suggests that the current boom has now no longer met the Ministry of Finance`s criteria. Policymakers may also await the PCE file earlier than creating a very last choice earlier than the cease of the week."
In a scenario in which the Yen is devalued, families in Japan are nonetheless suffering with each day residing costs. This scenario is basically because of the weaker Yen, making imported items extra expensive. The Japanese authorities is seeking to take extra measures to lessen inflation.
GBP/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
GBP/JPY pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 201.551 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPJPY ( UNDER BEARISH PRESSURE ) ( 4H )GBPJPY
HELLO TRADERS
Tendency the price attempt to closer a support trendline , indicating the price is under bearish pressure
TURNING LEVEL : a blue line a round 203.329 , which indicates two cases , the first cases until the price breaking 203.329 ,reach a resistance level , the second case the price trade below 203.329 ,the price reach support level
RESISTANCE LEVEL : a blue line inside gold rectangular , an area above the turning level , if the price breaking turning level at 203.329 , create a new resistance level
SUPPORT LEVEL : a blue line , an area below turning level , the gold price for the support level 201.258 , buying have already increase at this level
PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 203.329 , it will attempt to reach support level at 202.044 and 201.258 , if the breaking this level the price trying to reach new resistance level at 204.312 and 205.067
TARGET LEVEL :
RESISTANCE LEVEL : 204.312 , 205.067
SUPPORT LEVEL : 202.044 , 201.258