GBPJPY
#GBPJPY: +1500 Swing Buy, Do Not Be FOMO! Dear Traders,
We have an excellent buying opportunity coming up on GBPJPY, with worth of 1500 pips. The change of character of the price has already happened and now we are witnessing a straigjt bullish move taking price to previous monthly high. Even there is sign of DXY returning back to bullish move which will help GBPJPY to rise even more higher. Good luck.
GBPJPYGBPJPY price is near the resistance zone 193.23-193.48. If the price cannot break through the 193.48 level, it is expected that the price will have a chance to go down. Consider selling the red zone.
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GBPJPY H4 Analysis And Route Map For Next MovePair Name = GBPJPY
Timeframe = H4
Analysis = technical + fundamentals
Trend = Bullish
Details :-
GBPJPY got good volume and moved well from last 2 days. Exactly on the way as predicted. It will hit a strong resistance level around 193.4 to 195.5
Price level.
Bullish Targets :-
193.400
195.450
Bearish Target :-
191.0
190.0
EMA 5 Cross over.
191.7
192.0
GBP/JPY Trade Setup (1H Timeframe)Watching the GBP/JPY pair closely for a potential short setup. Price is approaching a critical area near the ascending trendline, and I'm anticipating a potential breakdown from this level.
Plan: Wait for a break and retest of the trendline around 190.546 for confirmation before entering short.
Entry: 190.546 (on the retest after a confirmed break)
Stop Loss: 192.446 (above recent highs, -189 pips)
Take Profit 1: 189.008 (+153 pips)
Take Profit 2: 186.976 (+357 pips)
Take Profit 3: 183.771 (+678 pips)
I will wait for confirmation and enter on the retest. If TP1 is hit, the stop loss will be moved to break even to secure profits.
GBPJPY Technical Analysis and Trade Idea👀 👉 GBPJPY has recently broken market structure to the upside, indicating a potential bullish opportunity. This breakout is clearly visible on both the daily and 4-hour timeframes, signaling the possibility of a developing buy setup. In this video, we’ll dive into the market structure, analyze price action, and focus on the prevailing trend. Additionally, we’ll outline a potential trade setup, conditional on price action confirming our projected scenario.
Disclaimer: This material is for educational purposes only and does not constitute financial advice. 📊✅
Could price reverse from here?GBP/JPY is rising towards the resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 193.28
Why we like it:
There is a pullback resistance level.
Stop loss: 196.02
Why we like it:
There is a pullback resistance level.
Take profit: 189.04
Why we like it:
There is an overlap support level.
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Pullback resistance ahead?GBP/JPY is rising towards the pivot and could reverse to the 1st support level which is an overlap support.
Pivot: 193.28
1st Support: 188.98
1st Resistance: 195.93
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GBPJPY D1 I Bullish BreakoutBased on the daily chart analysis, we can see that the price is rising toward our buy Entry at 193.33, (bullish Breakout)
Our take profit will be at 197.63, a pullback resistance level close to 61.8% Fibo retracement and 100% Fibo Projection
The stop loss will be at 188.47, a pullback support level.
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GBPJPY Will Explode! BUY!
My dear subscribers,
My technical analysis for GBPJPY is below:
The price is coiling around a solid key level - 184.85
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 187.48
My Stop Loss - 183.43
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
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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 :-)
GBP/JPY Technical Analysis - Rising Channel and Fibonacci LevelsI'm tracking GBP/JPY on the 1-hour chart . The pair has been trading within a well-defined ascending channel and is approaching key resistance levels.
I’ve plotted Fibonacci levels to watch for potential corrections. Price is hovering around the 61.8% retracement , which is often a significant support zone. Price continues to respect the upward trendline, which reinforces the bullish momentum as long as it holds.
The next level of interest is around 193.00 , aligning with channel resistance and key horizontal levels. If the price breaks above this area, it could head higher toward 194.50 .
If the price breaks below the trendline, I’ll be looking at the 50% Fibonacci level as a possible next support at 190.00 .
Overall, I'm bullish for now, but cautious of a potential retracement if the price fails to break out of the channel.
GBPJPY - Look for Continuation Short (SWING) 1:4!Price has consolidated and rejected the SBR Zone on the HTF, while also bouncing off the Weekly Support Level, showing potential to make a new high on the LTF. Before continuing upward, it needs to respect the DBD Supply Zone. The upward move is likely if the SBR is broken.
Let's see how the market reacts to this zone.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBP/JPY - Swing trade - Long - 1:3.33 RR📈 Trendline Break and Retest Setup
I'm sharing a potential long trade idea based on a clean trendline break and retest. After a sharp downward movement, price has broken through the descending trendline, signalling a possible reversal.
🟢 Trade Plan:
Entry: Waiting for confirmation of a retest around 189.358 before entering long.
Stop-Loss (SL): Positioned below the recent swing low at 183.721 to protect against downside risk.
Take-Profits (TP):
TP1: 193.490 - First resistance area where I'll also move my SL to breakeven.
TP2: 199.480 - Key level above to watch for further upside.
TP3: 208.120 - Final target if the bullish momentum continues.
GBPJPY - going long seems like a good idea.The FOMC news and press conference today left the charts in a bit of a mess. We do have NZD and AUD news soon, so I don't even want to look at those currencies. One chart that makes sense to me is GBPJPY.
The daily chart is bullish, current week is strongly bullish and H4 is making higher lows & highs. If I see a pullback to about 186.50, I am happy to go long. This pullback would also get the 20sma closer to price providing a good entry location and smaller stop.
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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GBPJPY Will Move Lower! Sell!
Here is our detailed technical review for GBPJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 187.889.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 186.021 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.
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