GBPJPY Long Term Buying Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Gbpjpyanalysis
gbpjpy buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPJPY SHORT SIGNAL H1Dear Friends :
In the pound to Japanese yen currency pair, due to the presence of resistance in the daily tick frame and also the breaking of the trend line in the 1-hour time frame.
Now the price is in the right area to sell
The possible position of this currency pair is placed on the chart
You can also enter for analysis according to your trading style.
You can leave a message to subscribe to the crypto and forex signal channel, I will respond as soon as possible.
GBPJPY and EURJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Will GBP/JPY fall to 178?Let's analyze the daily chartHello everyone, GBP/JPY made yet another attempt to break the
resistance level yesterday but the attempt was not successful.
📌Price has already fallen more than 100 Pips today. If the daily
candle ends today with a bearish candlestick pattern, we can expect
further fall in GBP/JPY.
📌183.46 is a moderate support level which if broken, would open
the path towards 178.
📌My recommendation is to sell the rallies in GBP/JPY.
GBP/JPY supported by 4H moving average, sell or buy?GBP/JPY is being supported by the moving average on the 4H chart.
You can see that price has not moved below the moving average so far.
📌Thus, there is a higher chance of a resumption in the uptrend.
📌Sell trades should be considered only if GBP/JPY moves below the
moving average.
📌 183.50 is a key level to consider. If the price breaks below this level,
We can consider short entries.
GBPJPY Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY the monthly :
price is fully bullish, we can see that it broke the strong supply and demand zone.
weekly;
price broke and retraced to the broken supply and demand zone, there are two candles rejecting the zone so I'm expecting a retracement to the downside and then a bullish continuation.
daily;
The trend is fully bullish there is also a high momentum and we also have the SMA's confirmation of a strong bullish trend, so I'm only looking for buys
4h;
There is a probability of price retracing then continuing the bullish trend or breaking and retesting the zone either way ill be looking for a long trade after seeing some shrinking candles on the zone with some rejections and a hammer candle as a confirmation to look for my entry on the lower timeframe
RM;
sl; below the rejections
tp; next s/d zone
R; 3:1 minimum
Welcome, New Trading Week Commences!Starting off the week with a much needed analysis for the pair GBPJPY.
Great British Pound / Japanese Yen
This pair has been in a constant incline since CPI in March ...
If you don't trade this pair often, at least attempt to focus on my RESISTANCE (sell) zones.
Don't forget about the reversal!
How to play my chart:
Buy at support TP's (green), sell at resistance TP's (red). When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
All likes/comments and feedback are very much appreciated!
GBP/JPY's 30-Minute Support and ResistanceIn the intricate realm of forex trading, precision is paramount. Each level, each movement holds a crucial piece of the puzzle. Let's delve into the technical intricacies shaping the journey of the GBP/JPY pair within the 30-minute timeframe.
Finding Ground: Dual Support Levels
Amid these critical minutes, GBP/JPY locates its footing with not one, but two support levels:
Primary Support - 183.706: This serves as the initial anchor for the pair, providing a foundation that potential rebounds and recoveries can build upon.
Secondary Support - 183.300: A backup in case the pair faces increased pressure, this level bolsters its potential to resist further downward movement.
Conquering Challenges: Resistance Unveiled
However, the path forward is punctuated with challenges. The pair encounters a single resistance point, serving as a barrier that demands an earnest effort to overcome:
Resistance 1 at 184.790: This pivotal point marks the primary hurdle for GBP/JPY's upward ascent. A successful breach could signal a shift in market sentiment, opening doors for potential further gains.
Insights to Navigate: Charting the Course
For traders and keen observers, the interactions between GBP/JPY and these support and resistance levels are a treasure trove of insights. Each movement, each break, holds significant clues about the prevailing market sentiment.
The dual supports at 183.706 and 183.300 create a resilient platform, offering opportunities for potential recoveries. Yet, the challenge presented by the resistance at 184.790 underscores the need for a concerted effort to drive the pair upward.
As time ticks within this 30-minute span, the movements of GBP/JPY unfold like a compelling narrative. The interplay between support and resistance, between the ambitions of buyers and the strategies of sellers, forms a dynamic storyline that traders keenly follow, seeking to uncover the short-term trajectory of this captivating currency pair.
GBP/JPY Still Bearish , Daily Closure Very Important To Confirm This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPJPY: Today!The GBP/JPY cross posts modest gains but remains below the 184.00 barriers during the early Asian session on Friday. The cross currently trades around 183.85, gaining 0.07% on the day following the release of Japanese inflation data.
The Statistics Bureau of Japan reported on Friday that the Tokyo Consumer Price Index (CPI) for August, fell to 2.9% YoY from 3.2% in the previous month, against 3.0% market predictions, while the Tokyo CPI ex Fresh Food and Energy remained stable at 4.0% YoY.
GBPJPY : Short Trade , 1hHello traders, we want to check the GBPJPY chart. The price is moving in a descending channel and has pulled back to the key level indicated. We expect this level to act as a resistance level and cause the price to fall further. We expect the price to drop to around 183,500. Good luck.
GBPJPY: Breaking the uptrend, the downtrend begins to form!GBP/JPY marked an all-time high at 186.77 in the early trading hours of the Asian session on Tuesday. Spot price is trading around 186.50 at the time of writing. The pair retreats from the all-time high as it appeared to be a barrier. A break above that level could help the GBP/JPY pair to explore higher highs around the 187.00 psychological level.
GBPJPY : Long Trade , 1hHello traders, we want to check the GBPJPY chart. The price is moving in an ascending channel and has pulled back to the specified key level. We expect this level to play the role of a support level and cause the price to grow. We expect the price to increase to around 186,600. Good luck.
GBPJPY Analysis 20Aug2023wave 3 ends at the fibo extension of 1.618 and currently the price is forming wave 5. which at the end of this weekends at the fibo extension of 0.382. if you see the trend movement that is happening, there is a possibility that there is still a continuance of the bullish trend towards the 0.618 fibo extension which also intersects with the 2.618 fibo extension