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Gbpjpy_outlook

GBPJPY SHORT TERM INTRADAY IDEAIntraday Analysis - GBPJPY - ( 2nd March 2023 ) No fundamental shift , YEN still weak with its monetary policy and dovish tone. Unless the new elected one implements a change and have a more hawkish tone, i do expect YEN to continue being weak all year. GBP as stated is also weak economically however in this case, YEN weakness holds more weight. Will be looking at continuation buys on GBPJPY as price just tapped into our key level of interest whereby HRHR buys were called out a few days ago. If you missed it , scalp longs up level by level. HRHR BUYS AT 164.00 MRMR BUYS AT 164.500 SAFEST BUYS AT 164.800 ( WATCH OUT FOR POTENTIAL RETRACEMENT ) WILL ONLY BE LOOKING FOR SHORT BELOW 162.800
by CJ_GOLDPIPS
GBPJPY SHORT TERM TRADE IDEAIntraday Analysis - GBPJPY - ( 28 FEB 2023 ) Will be playing GJ continuation buys from yesterday. Fundamentally both pound and yen is extremely weak. GBP is the weakest in terms of economy this year however due to its government's hawkish stance to change monetary policies to aid in the economy, GBP has a upper hand here as compared to YEN . The Japanese government has been dovish since the start of bear markets and has no intentions to change monetary policy just yet. Looking at pullback buys on GJ HRHR BUYS AT 163.500 MRMR BUYS AT 163.800 SAFEST BUYS BREAK OF HIGHS AT 164.500 There will be no sells in play as all timeframe has point towards a bullish bias + fundaments are in play supporting our bias. We may get deeper pullbacks depending on GBP speakers later during pre NY session. However i do not expect it to hold much weight.
by CJ_GOLDPIPS
1
GBPJPYgbpjpy clearly in a uptrend on lower time frames and also pivots still showing trend up at the moment but this level gettin hit on the 4hr we could see a nice pull back which would be perfect for tomorrow for a buying opportunity around 159.1-158.8 now when it get to tomorrows pivot levels i want to see what it does just because we have equal lows "eql" and trend line liquidity "tll" which means theres a ton of orders resting at that low but as long as gj 158.8 level holds im looking for buys when thats broke ill be looking for sell setup to the 158 level
Long
by wolf_pack
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future. - Currently GBPJPY LONG TERM can move up to the LEVEL 167.52. Also, according to the GBPJPY STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 158.83 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
by benny_marshall
#GBPJPY- OVERVIEW NO STRONG CONFIRMATION-Due to weaker DXY , JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area. -As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that region and just continue the bullish momentum from today's close. -Long term view on HBPJPY is bearish , in our opinion price have significantly shown bullish impulse and has taken price to an extreme and exhausted level, longer term it should come down to 150. -What you all think? LIKE AND FOLLOW!!!
by Setupsfx_
10
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX is slightly UO. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future. - Currently GBPJPY LONG TERM can move up to the LEVEL 169.05. Also, according to the GBPJPY STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 155.76 to the SUPPORT LEVEL. gbpjpy Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
by benny_marshall
1
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was, FUNDAMENTALLY JPY STRONG, GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat WEAK because VIX is slightly DOWN. Due to this, STOCKS and XXXJPY CURRENCY were slightly BUY. GBPJPY also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GJ can be BUY in the future. - Currently GBPJPY LONG TERM can move up to the LEVEL 173.00. Also, according to the GBPJPY STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 165.928 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. A BOJ INTERVENTION MAY NOT HAPPEN AGAIN. Currently the MARKET is RISK ON. Therefore, XXXJPY should be BUY. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
by benny_marshall
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was, FUNDAMENTALLY JPY STRONG, GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat WEAK because VIX is slightly DOWN. Due to this, STOCKS and XXXJPY CURRENCY were slightly BUY. GBPJPY also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GJ can be BUY in the future. - Currently GBPJPY LONG TERM can move up to the LEVEL 172.012. Also, according to the GBPJPY STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 162.55 to the SUPPORT LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. A BOJ INTERVENTION MAY NOT HAPPEN AGAIN. Currently the MARKET is RISK ON. Therefore, XXXJPY should be BUY. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
by benny_marshall