Gbpjpyforecast
GBPJPY top-down analysis todayHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 Sell Signals= +1.4k - 2.1k pipsTrade Levels:
SELL LIMIT/STOP: 163/162.4
STOP LOSS: 163.5 - 164
TAKE PROFITS: 160.9 - 161
*Will post 1hr signal and trade levels once available. Follow to receive an update of when I post chart analysis and trading ideas. Like and comment as well. Hope this was easier to read and understand.
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIASCurrently, GBPJPY is going down a bit due to MARKET RISK OFF. We expect GBPJPY to go UP again.
Anyway, that PRICE can fall on the SUPPORT LINE on the GBPJPY chart again. After that the MARKET can go UPSIDE. You can definitely buy at the GBPJPY 168.69 level. For that, MARKET RISK should be ON.
But we can sell GBPJPY up to 158.60 LEVEL according to the STRUCTURE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK OFF in the coming days. We must pay attention to MARKET SENTIMENT.
⁉️ GBPJPY - Market AnalysisHello traders!
⁉️This is my analysis on GBPJPY.
Here we have the same scenario as on EURJPY, I expect a retracement and if the price fills the imbalances and rejects from bearish orderblock + institutional 165.000 I will open a short.
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GBPJPY SELLS w; bullish but its been rejected from the same resistance twice so I am expecting some bearish moves
d; ranging
4h; ranging
for any shorts ill be looking for the price to break the range zone, the previous HL, the s/r zone with a momentum candlestick, and below the ema's 50/20
1h price action confirmation and below the ema's
GBPJPY IS FALLING - SELL !!Hello traders,
Yesterday we shared analysis on the potential short opportunity for GBPJPY, the trade is playing out exactly as anticipated.
Expecting greater momentum to the downside to the specified target (159.00) .
Let me know if you have any questions below.
God bless,
ETGL TEAM <3