GBPJPY LONGContinuous push to the upside this coming , so far the weekly is look pretty good so sit tight and enjoy the ride.
Gbpjpyanalysis
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.
GBPJPY BUY NOWIts been a while not being posted, shared only here..
This analysis base on my view only, this isnot a financial advice.
Im expecting the pound will shoot soon.
follow for more.
GBPJPY ShortShort From: 172.517
Stop level : 172.659
TP 171.612
Dear Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
GBPJPY SELLit seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
GBPJPY possible double top 19th May daily key reversal bar made a new high closed towards the low indication for weakness ahead, Need to break below 171.15 for target 170.30.
GbpJpy- Sell on confirmationSince the recent low at 158 at the end of March, GbpJpy has risen almost 1500 pips to a high above 172.
However, starting with May, the pair has entered a range trading phase with resistance at 172.50 and support at 168.
At this moment GbpJpy is trading near resistance and is in a consolidation.
Short-term support lies at 171.50 and a break under this support could lead to further losses and towards to lower boundary of the range.
Aggressive traders could use this break as a signal for opening short trades, keeping in mind that they trade against the trend.
Sell GBP/JPY from the resistance level + double top?GBP/JPY has pulled back from the resistance level. Along with this, we also have the formation
of a bearish candlestick in the resistance level thus leading to a potential double top.
So, in the next 3-4 days, we can expect a further decline in GBP/JPY towards 168 and 165.50
levels as long as the resistance level stays unbreached.
My recommendation is to sell the rallies in GBP/JPY with SL above 172.40 and TP at 168.
GBPJPY ANALYSIS⚠️ This is just an analysis. If you feel it helps you and this analysis is correct, you can enter the trade at your own discretion with the appropriate volume and SL.
