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Gbpjpybuy

GBPJPY BUYS to 155.500GBPJPY BUYS TO 155.500. Based on the HTF market structure. Currently looking for buying opportunities to 155.000 then 155.500. Overall market structure on H4/Daily is bullish. Currently ranging on H4 TF but once we have an H4 candle closure above 154.750, GBPJPY will fly to 155.000 then 155.500. Targets are posted below. Once Price hits TP1, stops are moved to break even to secure position. Intraday / Swing setup T1: 154.766 T2: 154.927 T3: 155.000 T4.155.000
Long
by oneumbrellafx
GBP/JPY Buy idea, bullish candle at the supportOverview - GBP/JPY was in a correction and consolidation phase for the last couple of weeks. However, on Friday, a big bullish candlestick was printed on the daily chart. Can this be the start of a new uptrend? Let's analyze Analysis - From the chart, you can see that price is still above the 100 day moving average, which indicates the uptrend has not been broken. The recent down wave is merely a correction. After many days of consolidation at the support, a big bullish candlestick has formed on the daily chart. Thus, the likelihood of a new uptrend brewing is reasonably high now. Probable trade set-up - Based on this, if the positive momentum is intact, a buy @149.90-150.20 with SL below 149 and TP at 153 may be considered as a potential buy signal. Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be executed only if it meets the required criteria.
Long
by MarcellusLUX
10
GBPJPY is topping soon!Hi there, A Bearish Rising Wedge is forming at daily timeframe on GBPJPY, reversal is comming soon, Im waiting for the target arround 154-155 to go in for sells Jpy will get weak again incomming weeks, as it is slowly changing the bearish trend After we top in I expect GBPJPY to go for another low on the Monthly timeframe, as USD is showing signs of trend change, JPY follows as it is also a safe haven. Wait for the targets mentioned to go short Good luck
Short
by fernandoc17
7