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Gbpjpyanalysis

GBP/JPY: Fibonacci Levels Signal Possible Bullish ContinuationTechnical Analysis: GBP/JPY Bullish Continuation 📈 The GBP/JPY chart provided highlights a bullish trend continuation setup, supported by Fibonacci retracement levels. Here's a detailed breakdown: 📊 Fibonacci Levels in Play The swing low to swing high has been plotted, revealing key retracement levels. The price is currently near the 50% retracement level (194.326), a critical support zone in bullish trends. The 61.8% retracement level (194.165), often called the "golden ratio," serves as a stronger support below this. 📈 Bullish Bias The overall trend remains bullish, with higher highs and higher lows visible on the chart. The corrective pullback to Fibonacci levels suggests a potential continuation of the upward momentum. 🎯 Target Projection The arrow on the chart points to a projected move toward the 195.683 level, aligning with the -50% Fibonacci extension. This target aligns with the bullish trend and indicates a potential breakout above the recent high. 🔍 Confluence and Confirmation The price action shows signs of rejection at the 50% retracement level, indicating buyer interest. A bullish candlestick pattern or increased volume near this zone would further confirm the upward move. ⚠️ Risk Management The 61.8% level (194.165) is a key invalidation point. A break below this level could signal a deeper retracement toward the 78.6% level (193.937) or even the swing low. This analysis is for informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct your own research and consult with a financial advisor before making trading decisions.
Long
by fxtraderanthony
GBPJPY - Expecting Bearish Continuation In The Short TermM15 - Double uptrend line breakout Lower Lows Strong bearish momentum Potential drop after retraces if the strong resistance zone will not be broken. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 ------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VladimirRibakov
GBPJPY is in the Down TrendHello 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
Long
by ForexMasters2000
GBPJPY is in the Down TrendHello 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
Long
by ForexMasters2000
GBPJPY BULLISH OR BEARISH? TRADE IDEAGBPJPY Trade Idea | 1H Timeframe Price recently tapped into a key supply zone / resistance trendline confluence, showing signs of a potential rejection from the liquidity grab area marked in yellow. 🔹 Liquidity Sweep above recent highs observed. 🔹 Price is reacting from the supply zone, indicating bearish intent. 🔹 Sell-side liquidity range marked below as potential target zone. 🔹 Expecting price to drop further toward 191.500 – 191.300 range after this minor pullback. 🎯 Entry: Around 192.400 🛑 SL: Above 193.300 ✅ TP: 191.300 – Risk-Reward ~3.5R A clean rejection setup after liquidity manipulation – following smart money concept. Let me know your thoughts below 👇 #GBPJPY #SmartMoneyConcept #LiquiditySweep #ForexAnalysis #PriceAction #SMC #ForexTrading #SupplyAndDemand
Long
by naumanfx_