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GBPJPY

Strifor || GBPUSD-Week StartingPreferred direction: BUY Comment: The British currency showed resistance against the US dollar last week, but short-term weakening is not excluded (scenario №2) . Medium-term prospects remain in favor of the buyer, and an approach to the level of 1.28000 is still expected. Scenario №1 is a higher priority, but a potential short-term weakening and fall towards the level of 1.25500 is not excluded. The week will contain a huge amount of published economic data, especially from the USA . Against this background, volatility and big movements can be expected. And despite the potential short-term weakening, the buy-priority still remains in the medium term. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Potential bearish reversal GBPJPY is rising toward a pullback resistance and could potentially fall to an overlap support level Alternatively, if price breaks above the pivot, it could continue to rise to the next resistance level Pivot: 190.53 Support: 189.70 Resistance: 191.49 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.
Short
by ICmarkets
GBPJPY H4 | Falling from overlap resistance?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 190.30, which is a pullback resistance that is close to 78.6% Fibo retracement. Our take profit will be at 189.34, a pullback support level. The stop loss will be placed at 191.32, a swing-high 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. 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 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. 70% 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.
Short
by FXCM
GBPJPY H4 | Bullish Momentum?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 193.09, which lines up with the 161.8% Fibo extension Our take profit will be at 191.31, a pullback support level. The stop loss will be placed at 194.98, which lines up with the 161.8% Fibo extension (week) 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. 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 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. 70% 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.
Short
by FXCM
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 :-)
Short
by ShahedZare
GBP/JPY Holds Steady Amid Easter Break, Eyes Bearish ContinuatioAs the financial markets took a pause for the Easter holiday, the GBP/JPY pair maintained stability around the 191.00 level on Friday, showing minimal movement. Meanwhile, Federal Reserve Chair Jerome Powell made statements emphasizing the adaptability of monetary policy to various economic scenarios. Technically, the price experienced a reversal near 193.500, as anticipated in our previous analysis, leading to a decline of nearly 200 points. Currently, the pair is consolidating within a range, forming a triangle pattern that appeals to enthusiasts of technical analysis. Our analysis indicates a bearish continuation for the GBP/JPY pair, considering its correlation with the GBP/USD, which is currently in a bearish trend on the H4 and lower timeframes. For further details, you can refer to our previous analysis of GBP/JPY by following the provided link.
Short
by FOREXN1
1
GBPJPY Will Go Lower! Sell! Take a look at our analysis for GBPJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 190.950. The above observations make me that the market will inevitably achieve 189.762 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
🔥 #USDJPY - BIG Fall Ahead ? (READ THE CAPTION)By checking the USDJPY chart in the 12-hour time frame, we can see that the price penetrated above the 151.920 level in the past few days to collect liquidity, and then it was accompanied by a price correction! On the chart, we see the creation of a large LV, which I expect to be filled in the medium term! By stabilizing the price below 151.500, we can more confidently enter the SELL position! All important levels are marked on the chart! The overall efficiency of the previous analysis was about 450 pips for SELL and about 550 pips for BUY. It all happened in one month! I hope you have made the most of it! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
6
Strifor || GBPUSD-Week StartingPreferred direction: BUY Comment: The British currency is also on the bullish list, after the significant strengthening of the US dollar over the past week. Such a strong drop was caused by an attempt by market buyers to buy off the bottom of the market, and in turn, a limit seller was actively working on the market, pushing the price down and liquidating buyers. The chart presents two main scenarios. Growth prospects in both cases are located at the level of 1.28000 and scenario №1 is more likely. Scenario №2 will be a very aggressive maneuver from the seller’s point of view, but we cannot exclude it either, and we will confidently continue to increase purchases towards the specified goal. We pay attention to risk and money management when planning this kind of mid-term trades (no entry “for full deposit” and be sure to calculate the total risk for all positions from the very beginning before the trade). Additional comments on this trade will be provided as situation changes. Follow us! Thank you for boost and share your views!
Long
by Strifor
1
GBPJPY FRESH SUPPLY ZONE READ DESCRIPTIONThe GBPJPY pair is currently positioned within a supply zone on the 15-minute time frame, indicating a potential area of selling pressure. Additionally, a new fresh bearish divergence has been identified, suggesting the possibility of a trend reversal to the downside. Examining the trading sentiments from the last two days on the 15-minute time frame, there were 70 sell signals, 18 neutral signals, and 22 buy signals. This data indicates a predominance of selling pressure in the short term. Looking at client sentiments from the past month, which indicate how traders are positioned in the market, 66% of clients have taken sell positions, 20% have taken buy positions, and 14% have remained neutral. This overwhelmingly bearish sentiment among clients suggests a consensus view that the GBPJPY pair may decline further. Now, delving into the technical aspects, several indicators point towards a bearish outlook for the GBPJPY pair. The Moving Average Convergence Divergence (MACD) indicator is signaling a sell, indicating potential downward momentum. The Commodity Channel Index (CCI) is at -89, reflecting strong bearish momentum in the market. The Average Directional Index (ADX) at 22.54 suggests a developing trend, potentially indicating the strength of a downward move. Both the Exponential Moving Average (EMA) and Simple Moving Average (SMA) from the shorter 10-day to the longer 200-day periods are indicating a sell signal, further confirming the bearish bias. The Hull Moving Average (HMA), Volume Weighted Moving Average (VWMA), and Ichimoku Cloud (Ichikumo) are all indicating sell signals as well, reinforcing the overall bearish sentiment. In summary, the technical analysis, combined with trading sentiments and client positioning, suggests a bearish outlook for the GBPJPY pair.
Short
by MOAZAM1133
3
GBP/JPY H4 | Falling to pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 190.501 Why we like it: There is a pullback support level Stop Loss: 189.595 Why we like it: There is an ovelap support that sits below the 61.8% Fibonacci retracement level Take Profit: 191.892 Why we like it: There is a pullback resistance that aligns with the 50.0% Fibonacci retracement level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Long
by VantageMarkets