GBPJPY suspect short for 158.80weekly chart is bearish and broke last week low. suspect strength in jpy for coming days even for weeks. Supply zone for short 163.20-164.10. stop loss 164.40, initial target 160.60, longer term target 158.80.
Gbpjpyforecast
GBPJPY long to 161.000 / 162.000Strong rejection on 4h level - 159.500
nice fake out on 30 min buy area
TP 1 - 161.000
TP 2 - 162.000
GBPJPY - Expect retracement ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block, as well we have there most orders as per volume profile .
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GBPJPY Bank collapse draining GJ Currency Pair : GBPJPY
Possible direction : Bearish
Technical Analysis : GBPJPY has broken out of the daily support zone and currently on a pull back on the lower timeframe. Price currently gathering liquidity on the intraday by making multiple false breakout and slowly breaking down to create a new lower low. It is highly likely price will continue to drop to monthly support level.
Fundamental : Silicon Valley Bank collapsed has given strong boost in Jpy making GBPJPY weaker.
Possible trade recommendation : Bearish as per chart sketch
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GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future.
- Currently, GBPJPY LONG TERM can move up to the LEVEL of 156.77. Also, according to the GBPJPY STRUCTURE, it can move up to the 162.14 RESISTANCE LEVEL before SELL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
GBPJPY UPDATED CHART HEY EVERYONE The price broke ascending channel now moving in a separate zone . I think price test support zone if price pull back to strong resistance zone my goal is support 161.500
GBPJPY BEARISH SELL NOW CONFIRM TRADEas per my method gbpjpy has tapped at my poi and also gave the confirmtaion so we can enter for sell in gbpjpy
always use stoploss and enter only after confirmation,
i am not your paid consultant so cant update you accordingly, thanks!
Trade Range GBPJPY Support & ResistanceThe trade plan is discueesd in chart.You can either play in Range but buy at S1 Or Sell at R1. Incase it breaks S1 and S2 your Sell stop will triger and vice versa.
GBPJPY- UPDATED CHARTHey Everyone, as we are having the NFP it will be an great chance to take this pair price have shown the low SELLING momentum.
GBPJPY short to 161.000Im longterm bearish and now we hit 163.000 weekly level and could expect a drop to 161.000. But we have to stay below 163.000.
Trend Following Strategy EntryGBJPY is currently in a strong uptrend on the 60m timeframe. It has just produced a higher high, higher close candle at the bottom of a descending channel - both of which are bullish signals.
I have entered at the open of the 12:00 candle and will hold until a retest of the previous structure high.
GBPJPY top-down analysisHello 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 short to 162.000 - 161.500As long as we stay below 163,000 or react at the level I will short gbpjpy.
162.000 - 161.500 is a very important daily support level thats my target
GBPJPY - Long active ✅Hello traders!
‼️ This is my perspective of GBPJPY .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. As I expected in my last analysis price made a retracement and rejected from bullish order block + institutional big figure 162.000.
‼️Attention!!! Due to the fact that we have news events on GBP and JPY on Friday, the analysis can be invalidated.
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GBPJPY Risky Short!GBP-JPY broke the rising
Support line so despite
The overall uptrend
We are locally bearish
And will be expecting
A local move down
GBPJPYWelcome. The pair is still in an important area. So I do not recommend entering into this transaction. Please wait for the price to exit this are
GBPJPY BUYHello . market . GBPJPY. In very positive condition. with a transverse region fracture. And re-test. There is a very strong buying opportunity. to target an area. 164000. Good luck everyone
GBPJPY top-down analysisHello 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.
Horizontal rectangleThe chart is looking quite messy, but every detail is clear, been adapting to this pair as it matures. We have a horizontal channel going on within the breaker block region, looking for price to tap into the trend line to give us the ultimate third drive to activate buyers. This is an interesting one…
#GBPJPY-300 PIP DROPPED FROM LAST SETUPDear Traders, hope you are doing great, our last trading setup on GBPJPY dropped 300 PIPS, and we have not got an opportunity where price will fill up the liquidity voided area. Next week we have NFP where mix data is expected so JPY will be seen as heavenly safe currency for the investors and hence it will be an opportunity for all of us to have an perfect entry on this pair especially when the move is around 800 pips.
-Wait for the price fill the LQ VOIDED area then enter with stop loss of 40-45 PIPS.
GBPJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Here we can see that price respected the prediction from previous analysis. We are still bullish here from H4 timeframe perspective, so I am looking for longs from bullish order block + institutional big figure 162.000.
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GBPJPY SHORT TERM INTRADAY IDEAIntraday Analysis - GBPJPY - ( 2nd March 2023 )
No fundamental shift , YEN still weak with its monetary policy and dovish tone. Unless the new elected one implements a change and have a more hawkish tone, i do expect YEN to continue being weak all year.
GBP as stated is also weak economically however in this case, YEN weakness holds more weight. Will be looking at continuation buys on GBPJPY as price just tapped into our key level of interest whereby HRHR buys were called out a few days ago. If you missed it , scalp longs up level by level.
HRHR BUYS AT 164.00
MRMR BUYS AT 164.500
SAFEST BUYS AT 164.800 ( WATCH OUT FOR POTENTIAL RETRACEMENT )
WILL ONLY BE LOOKING FOR SHORT BELOW 162.800
GBPJPY- 1100 PIPS SELL SETUP!Dear Traders, hope you are having a great week, let's get this trade together expecting price to continue to fill liquidity voided area. You can also see the accumulation that occured in last few weeks, let's how this one goes will keep you updated!!
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