GBPJPY Next Possible MovePair : GBPJPY ( British Pound / Japanese Yen )
Description :
Rising Wedge as an Correction in Long Time Frame
Impulse Correction
HH - HL
Divergence
Break of Structure
Bullish Channel in Short Time Frame
Gbpjpyanalysis
GBPJPY Bullish momentum fading, watch out for sell opportunitiesThe bullish momentum in GBP/JPY is fading. From the chart, you can see that the
price action in the highlighted zone is quite bearish as we have multiple bearish daily candles.
So, I would recommend traders to keep an eye on potential sell entries between 174.40-175
with SL above the zone and TP at 167.45
Short GBPJPYGBPJPY Looking good for a short.
Past results does not guarantee future results, do your due diligence before taking any trade. All trade ideas are shared for educational purposes
GBPJPY: Can't get better than thatGreetings Fellow Traders:
We published an idea about GBPJPY last week and we mentioned 174.60 as an area of resistance...
It did hold pretty well...
But wow factor is that we mentioned 172.87 as our Target 🎯
And rest you can see by yourself
Congratulations to those who took benefit out of this analysis
GBPJPY Sell TF M30. TP = 173.23On the 30 minute chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 173.23
But do not forget about SL = 174.69
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
GBPJPY LONG1 consecutive day long.
buyer heavy PD
price just broke out of POC and AVWAP from PD
Price breaking out of AVWAP from today.
GBPJPY 2June2023Price is currently at the fibo extension of 0.618, coinciding with a possible reversal on H4. I am more inclined to sell as long as price remains inside the blue box, with a small SL placement and TP distance.
GBPJPY 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.
DeGRAM | GBPJPY fibo inversionGBPJPY market broke and closed above the resistance at 173.500
Price action has been making higher highs, and the market might retest the next resistance, which is the fibo inversion level .
We expect a retest of the major resistance level since the trend is bullish.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H perspective, so I am looking for longs from discount zone. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
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GBPJPY H4 Ascending Channel ShortHi traders!
The current market conditions suggest a potential reversal in the GBP/JPY exchange rate, pointing towards a local downward trend. we are adopting a cautious approach and anticipating a temporary retracement in price before initiating any trades. This strategic decision is in line with our analysis of a channel up pattern and downwards crossing the 100 period WMA on the 60 H1 timeframe, which signals a favorable Short trading opportunity.
Have a great trading week ahead!
GBP/JPY +75 Pips 0 Drawdown , Did You Enter ?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.
GBJPY 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.
GBPJPY BUYHello, analysis of the GBP/JPY pair. There is a high probability of going up. With an upward flag. And break the bearish flag. The price is now in a very important area where there is a strong resistance from which the price bounced several times. The price is now trying to break it. to rise to the level of 168,000 .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
GBPJPY LONGContinuous push to the upside this coming , so far the weekly is look pretty good so sit tight and enjoy the ride.
EURGBP SETUPHello traders remember this trade of GBPJPY it is approaching the target we have to wait for the market to open then it can hit the target
GBPJPY- Time for the Reversal!-GBPJPY have created HH and currently rejected from there, however, the trend has not yet confirmed.
-If DXY remain bearish in this week, it will help the JPY to bounce back strongly, meaning GJ to drop further.
-Entry is only valid if it break the structure and retest at our area of entry or else avoid entering.
#GBPJPY- SELL AT THIS ZONE TO CATCH BIG MOVEHey Everyone, hope you are doing great, GBPJPY expected to drop more this week, let's not miss out on this great opportunity.
Like And share and as always thank you for your continuous support means a lot!
GBPJPY: best entry?GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical analysis when trading this pair. For the latest GBP/JPY news and Pound - Yen forecast, follow our expert articles.
GBPJPY SELLit seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
GBP/JPY SETUPAs we all see that the price is undecided as it continues to play along the support and resistance zone so I will wait for the breakout to happen in the zones so if the price decide to break the support zone I will wait for it to come back and retest it the I will execute my trade my stoploss will be under the zone of the breakout and my target will be 400 pips after the breakout and retest of that zone.
GBPJPY LONGAs we can see on PEPPERSTONE: GBPJPY 4 hour chart setting up for another long setup. We can see clear liquidity area below the current consolidation & also clean demand zone which occur BOS (brake of structure). With in next week we are accepting price fall to demand zone & price will make another new high.
GBP/JPY 4 Setups With Explanation In This Video , Don`t Miss ItThis 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.
