GBPJPY Analysis H1Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Gbpjpyforecast
GBPPJPY Long Term SELLING Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
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🟢What is The Next Opportunity on GBPJPY Market
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GBPJPY Analysis H1Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPJPY: Price growth prospect!The GBP/JPY pair continues its upward trend, despite a slight dip towards the 183.40s level at the time of writing, supported by various factors. The Ichimoku Cloud (Kumo) remains below the price levels, while the crossing of Tenkan-Sen above Kijun-Sen has opened doors for further price appreciation, as observed in Thursday's session.
GBPJPY: Trends are difficult to identifyGBP/JPY takes offers to refresh the intraday low near 183.50 during the first loss-making day in six amid early Monday morning in Asia. In doing so, the cross-currency justifies the market’s sour mood amid a light calendar, as well as ignores the hawkish concerns about the Bank of England.
GBPJPY - Short active ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: I expect bearish price action here as we can see that price took out buy stop liquidity and rejected from institutional big figure 184.000. This is a risky short as it is against market structure, but I assume it.
Fundamental analysis: Tomorrow will be released monthly GDP on GBP and if the result is negative, it will support our analysis.
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GBPJPYMarket has been slow in the last few days, a few good moves here and there but generally slow. Hopefully with CPI and Unemployment claims coming out later today, market should pick up. Trade carefully and patiently.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
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.
GBPJPY Breakout Trade PlanBTCUSD wait for breakout and trade in the direction of breakout or place your but and sell stop.
Manage your risk according to account size!
GBPJPY: Back to get liquidity when not breaking resistanceGBP/JPY lacks momentum while making rounds to 182.70-80 during early Wednesday in London, fading the two-day winning streak. In doing so, the cross-currency pair juggles multiple risk catalysts and the fears of the UK’s economic slowdown, as well as mixed central concerns, during the sluggish markets.
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.
GBPJPY: The recovery is negligible!The GBP/JPY exchange rate is recovering from recent losses during the early Asian trading session on Friday. The cross trade is currently hovering around 181.62, marking a 0.24% increase for the day. The disparity in monetary policy stances between the Bank of England (BoE) and the Bank of Japan (BoJ) acts as a headwind for GBP/JPY transactions, creating an adverse effect on its performance.
GBPJPY - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fiil the imbalance higher and then to reject from bearish order block + institutional big figure 182.000.
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GBPJPY: GBP's Decline!Following the release of ONS data, there was a significant decrease in UK government bond yields as traders adjusted their expectations for future interest rate hikes. Prior to the release, financial markets anticipated a terminal UK Bank Rate surpassing 6%, higher than the current rate of 5%. However, these projections declined to approximately 5.75% during the morning, resulting in a notable drop in UK 2-year Gilt yields that are sensitive to interest rates. Considering that inflation is predicted to decline further in July due to a reduced Ofgem Energy Price Cap, it is plausible that peak rates have already been observed in the United Kingdom.
GBPJPY: Things need to notice!The break of 182.51 resistance affirmed the case that corrective pattern from 183.99 has completed with three waves down to 176.29. Intraday bias stays on the upside for retesting 183.99. Decisive break there will resume larger up trend. On the downside, below 180.85 minor support will turn intraday bias neutral first. Also, outlook will stay bullish as long as 38.2% retracement of 155.33 to 183.99 at 173.04 holds, in case of another dip.
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.
Gbp Jpy Short GBP/JPY is experiencing a bearish pullback within the 183.030 - 183.183 - 183.420 range, signaling a potential decline in the pair. Traders should closely monitor the following technical and fundamental factors to capitalize on this short trading opportunity.
Technical Analysis:
Bearish Pullback: The recent price action shows a bearish pullback from the 183.420 resistance level, suggesting a potential shift in market sentiment and an opportunity for short positions.
Retesting Support: The pair is retesting the 183.030 support level, which has previously acted as a significant barrier. A decisive break below this level could trigger further selling pressure.
Fundamental Analysis:
GBP Weakness: The British Pound is facing challenges due to ongoing uncertainties surrounding Brexit and the UK's economic recovery. Geopolitical concerns and global market sentiment also contribute to the overall weakness of the GBP.
Risk Aversion: The Japanese Yen tends to appreciate during periods of market volatility and risk aversion. As investors seek safe-haven assets, demand for the JPY may increase, putting pressure on GBP/JPY.
Risk Management:
To manage risks effectively:
Stop Loss: Traders should consider placing a stop-loss order above the recent swing high near 183.420 to protect against potential bullish reversals.
Target Price: Profit-taking targets may be set around the 183.030 support level or lower, depending on the trader's risk tolerance and market conditions.
Conclusion:
The bearish pullback in GBP/JPY within the 183.030 - 183.183 - 183.420 range presents an attractive short trading opportunity. However, traders should exercise caution and adhere to strict risk management principles. Monitoring price action closely and staying informed about any significant developments that could impact the pair's direction are vital for making informed trading decisions. As with any trade, unexpected events and shifts in market sentiment should be considered, and positions may need to be adjusted accordingly.
GBPJPY Trade PlanGBPUSD wait for breakout and trade in the direction of breakout.
Manage your risk according to account size!
GBPJPY, Expecting Down, updatedGBPJPY, i am expecting a down move because there is brearish formula candle on the top of the market which is also an resistance area + RSI level is also around 75 level, so expecting a short but consistent move.
GBPJPY Analysis 31July2023GBPJPY Analysis in accordance with last week's analysis where the price of bearish reached Wave (C). I am still in the positive view of this paar bearish. with the target in the lower SND area and the invalid area as the validation limit of this analysis. If you want to do a short, wait when there is a bearish candle that is quite thick.
GBPJPY, H1 Expecting Strong SellGBPJPY, i am expecting a strong sell from recent price and if this fail, then i am expecting strong sell entry from 182.00 area.
#GBPJPY D1-4H Sell☑️Broke the structure on the D1 timeframe
☑️Broke the structure on the 4H timeframe (confirmation)
If we break the market structure up on the 4H timeframe, we we'll go a little higher before drop, but if we break the red level on the D1 timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
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 timeframe perspective, so I am looking for longs. I want price to continue the retracement to take out sell side liquidity and then to reject from bullish order block.
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