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Gbpjpydaily

#GBPJPY: 1500+ Pips Upcoming Bullish Trend| GBPJPY| Setupsfx_| Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly after creating a record high created AB=CD PATTERN. Now we expect price to continue the bullish run upwards 205 area and beyond. The perfect entry will be on Monday London session. Use marked blue lines as entry and stop loss points. Good luck and trade safe.
Long
by Setupsfx_
20
The yen fell to near its lowest level in 38 yearsThe Yen has fallen to extra than one hundred sixty Yen consistent with USD, elevating worries that Japanese government will interfere once more to include this scenario. Reuters suggested that on June 27, the Yen fell to extra than one hundred sixty Yen consistent with USD, close to its lowest degree in 38 years. The Yen has fallen approximately 2% at the month and 12% at the yr towards the USD. According to Xinhua, at one factor in the course of the day, the USD turned into buying and selling at one hundred sixty.05 yen, marking the bottom degree when you consider that April 29. Recently, the Japanese Government has signaled the opportunity of suitable intervention to reply to immoderate volatility. Previously, for the reason that cease of April, the Japanese Government spent 9,790 billion Yen (approximately extra than 60 billion USD) to push the Yen up 5% from its lowest degree in 34 years. Analysts say that even though the danger of intervention has increased, the Japanese Government can be looking ahead to the United States private intake expenditure (PCE) statistics file earlier than getting into the marketplace. “Exchange prices and the charge of decline are each essential elements for the Ministry of Finance to recollect intervening,” stated Boris Kovacevic, international macro strategist at international bills enterprise Convera in Austria. the Forex market marketplace. However, reducing volatility withinside the alternatives marketplace suggests that the current boom has now no longer met the Ministry of Finance`s criteria. Policymakers may also await the PCE file earlier than creating a very last choice earlier than the cease of the week." In a scenario in which the Yen is devalued, families in Japan are nonetheless suffering with each day residing costs. This scenario is basically because of the weaker Yen, making imported items extra expensive. The Japanese authorities is seeking to take extra measures to lessen inflation.
Long
by TheLeader_WOLF
GBPJPY: 1000+ Pips Selling Opportunity! What's yours views on itOur previous analysis on GBPJPY has rejected at the top and dropped 300+ pips, however, price jumped back to the initial entry and in our view we think price is just came back to test the liquidity. We still expect a strong bearish move to dominant in coming days. Expecting a strong bullish move on Yen, however the USD data can conflict our views. **If you like our ideas then please do like and comment the idea, which will encourage us to bring more educational chart analysis** Team SetupsFx_
Short
by Setupsfx_
11
GBPJPY I Potential intraday buy from bottom of the channel Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
GBPJPY SELL | Idea Trading AnalysisGBPJPY is moving in an ascending channel. The price has an opportunity to test the resistance zones. If the price cannot break through the resistance level, it is expected that there is a chance that the price will fall.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Short
by TheGrove
3
GBPJPY: Possible Start Of Bearish Move? Read To KnowDear Traders, GBPJPY from our previous chart analysis on gbpjpy, the price moved as we hoped for, however, after looking at the recent market behaviour, we realised that JPY Pairs will start turn bearish. JPY is currently retesting a very key level where we can see a vast amount of interested coming in from whales to pump the currency, even BOJ is likely to intervene as if JPY drops further it will likely to cause economic instability within the county of Japan. **If you like our work please like , comment and follow us which will encourage us to bring you more ideas**
Short
by Setupsfx_
38
GBPJPY Potential MONSTER Trade Opportunity!Do we have a potential monster trade opportunity in front of us? If the trend reversal on the higher time frame sticks, we could have an opportunity to get in right at the base of a next major move! In the chat we are looking at a bullish break of market structure. We discuss the trend price action and some concepts around building a position early on in a higher time frame trend shift. As always the information is for educational purposes only and not to be construed as financial advice.
Long
by tradingwithanthony
6
GBPJPY: 1000+ Pips Selling Opportunity! Do Not Miss OutHey Everyone, OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and take profit as suggested. Please use accurate risk management to have better outcome. We are targeting 1000 pips out from this idea. good luck.
Short
by Setupsfx_
43
GBPJPY Technical Analysis and Trade Idea The GBPJPY is in a strong bullish trend as we can see on the daily and four hour time frames. Currently we are seeing an aggressive pullback down into our optimal entry zone. In the video we cover the trend, price action, market structure and I share a couple of trade ideas for consideration It's important to note that the information shared is intended purely for educational purposes and does not constitute financial advice. Trading entails inherent risks, underscoring the criticality of implementing robust risk management protocols consistently.
Long
by tradingwithanthony
GBPJPY: Yen struggles as BOJ faces yield dilemmaThe Japanese yen keeps to stand vast demanding situations because it hit a 34-yr low towards the greenback, with little expectation that the Bank of Japan (BOJ) will improve hobby costs at its meeting. upcoming coverage on Friday. The significant bank, which has no forex mandate, is beneathneath growing strain because the weakening yen influences inflation via way of means of growing the fee of imports. Despite guidelines from BOJ Governor Kazuo Ueda approximately the opportunity of destiny hobby fee hikes, forex markets have in large part unnoticed those signals. In March, the BOJ raised hobby costs for the primary time in 17 years, however the flow did little to reduce the yen`s decline. Traders continue to be targeted at the more potent greenback and the vast yield differential among the USA and Japan. The yen is presently extra stricken by US trade costs and yield differentials. Swami additionally talked about that whilst a complete normalization of BOJ coverage may want to assist enhance the yen, the important thing thing may be the Federal Reserve's actions. Market expectancies for the Federal Reserve have changed, with fewer hobby fee cuts than anticipated this yr because of symptoms and symptoms of chronic US inflation and a lackluster financial recovery. This extrade in outlook indicates that US short-time period hobby costs may want to continue to be above 5.25% for an prolonged period, whilst Japanese short-time period hobby costs are at 0.1%. Even with the 22 foundation factor boom priced in for Japan this yr, it hasn't executed a great deal to shut the gap.
Short
by Chart_MasterPro
GBPJPY Technical Analysis and Trade IdeaIn our video, we explore the technical analysis and a trading concept for the GBPJPY. Our assessment indicates a potential trade opportunity. We'll analyze the current price action, closely examine market structure, and factor in market dynamics, and identify a potential entry point guided by favorable conditions. Nonetheless, it's essential to emphasize the importance of sound risk management strategies. Please bear in mind that this video serves purely educational purposes and should not be interpreted as financial counsel.
Long
by tradingwithanthony
2