OANDA:GBPJPY Our last idea is going good towards our target with 455+ pips in positive. We ideally expect price to continue the bullish move in this idea after recorrecting at 191.00. First take profit area will be at 198.00 which will be a worth of 700+ pips move. And then the final target will be at 207.00 which will be a total worth of 1600+ pips. Good luck.
👀👉 The GBPJPY pair has exhibited a decisive breakdown of critical support zones on multiple timeframes, signaling a potential acceleration of the prevailing bearish trend. This technical development aligns with the broader market dynamics, suggesting further downside pressure may be imminent. ## Technical Analysis The recent price action has carved out a bearish...
I'm expecting a continuation to the upside so I will be looking for my second BUY entry. - Bullish Choch - Still creating HLs - Created new HH I have 3 POIs 1. Looking for a pull back to retest QP 192.5 which also has a FVG confluence. 2. Internal bullish OB around 191 3. Bullish OB around MQP 190 1st Target 193.75 2nd Target 195 3rd Target 196.25
GJ has been consolidating but I'm still bullish on this pair. - Last week Bullish Choch - End of last week new HH - Beginning of this week new HL Key Res 192 Key Sup 188.227 - 187.84 As long as price stays above 187.84, I will be looking to BUY. 1st Target 193.75 2nd Target 195 3rd Target 197.5
Dear Traders, OANDA:GBPJPY We have witnessed a major change in JPY pairs price movement, we are expecting a reversal at 187.00 from where we can see strong bullish move to continue taking the price to yearly higher high at 208. We have set three target so that you can target and have a secondary bias to your own analysis. Good luck.
Our Last idea on. GBPJPY did not work out as we had planned, however, we still expect price to go beyond 209 region and create a record higher high. This correction is a great sign as this will create more of more buyers coming in the market. Good Luck.
GBPJPY HELLO TRADERS Tendency , the price is under bearish pressure until trade below turning level . TURNING LEVEL : the price of turning level around 203.463 , indicates the price trade below this level reach a support level , but if trading this level reach a resistance level . RESISTANCE LEVEL (1) : around 205.601 , for reach this level will be...
GBP/JPY is displaying a bullish trend on the 4-hour timeframe, following an ascending trendline and forming an Elliott Wave 12345 pattern. Entry is recommended when the price touches the ascending trendline and completes the 4th wave. Wait for a bullish rejection at a key level to confirm the entry. Monitor the price action closely to ensure the trendline and wave...
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Completed " 12345 " Impulsive Waves Break of Structure RSI - Divergence Symmetrical Triangle as an Correction in Short Time Frame Demand Zone
OANDA:GBPJPY Price has made correction, as there was a hint of possible BOJ intervene. However, it was likely to alter the price for sometime. In our view, price is likely to continue the bullish move upwards 215 price region. The move can be a big swing trade +1100 pips. Although, we can first target 210 and then 215. Good luck.
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Completed " 12345 " Impulsive Waves Break of Structure Impulse Correction Bullish Channel as an Corrective Pattern in Short Time Frame Fibonacci Level - 61.80%
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...
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...
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_
👉🔍 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,...
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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The 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...
Dear Traders, After looking at the bigger timeframe in this case we used 3 months timeframe, we have identified similar pattern that occurred in market in last few years. If we see, we can continue to see growth in price towards 219 to 222. These two areas remain crucial for swing sellers where we can see price dropping heavily. Please use this analysis, as a...