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Gbpjpyforecast

GBP/JPY Bearish Scalping Plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist Bearish side of GBP/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Short
by Thief_Trader
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 - Long idea ✅Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill the imbalance and then rejects from bullish order block + institutional big figure 193.000. Fundamental news: Tomorrow (GMT +3) we will see result of Interest Rate in Japan, news with high impact on currency, so pay attention in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
SHORT GBP/JPY from 192.60 (again!!)The area around the WR1 (192.52) pivot both last week and this week has been a bridge to far for GBP/JPY BULLS. I've shorted this pair 4x this week and we're back at the pivot once more. Yesterday saw a massive sell off in the early hours and this looked like it was the end for GBP/JPY BULLS but amazingly they've recovered all lost ground and the price is pushing this WR1 level once again. Although nothing in forex is certain, its recognized that history repeats itself and if SELLERS are waiting for the price to hit a certain level then its likely that they'll jump in again if/once the price reaches that level. Whilst we a re still waiting for a BEARISH signal on the mid time frames (15m, 30m and H1) the M5 is clearly BEARISH on RSI, MACD and Andean Oscillator and the current H1 candle looks like its going to be a pinbar which would be a BEARISH candle particulalry as this comes at known and proven resistance. So I'm SHORT again and looking for an intermediate target at 191.97 (WM3 pivot and 200 EMA) but its entirely possible we may see another mass sell off like yesterday once price dips under 192.20 area so if this trade does take off then momentum will determine wheh we can take profit. It has to be remembered that the persistency of GBP/JPY BULLS means we cannot rule out another attempt by the BULLS to drive the price higher but with 192.62 having been successfully defended 7x over the last 2 weeks its hard to see how this key level can be broken in the absense of further news. Interesting to note that the GBP Retail Sales came in red (0.0% actual 0.3% exp) which didn't seem to make any lasting difference to the direction this pair was headed from 01:00 this morning so there's clearly still agreat deal of BULLISH sentiment around still.
Short
by forextraplaces
SELLING GBP/JPY from 1.9268 (again! for the 4th time this week)Pivots are the most significant indicator for how I trade. I cannot understand why EVERY trader, no matter what their approach is, wouldn't use weekly pivots. The beauty of pivots is that they are the ONLY indicator that is set at the start of the week so you know where the price is in relation to the pivot days before the price gets there. This week on GBP/JPY we have seen price hit the WR1 (Weekly Resistance 1 key pivot level) 3 times and I've shorted the pair each time and banked shed loads of pips. Price is back at WR1 for the 4th time this week and as we KNOW there are SELLERS at this level then SHORTING this pair again is a no-brainer. No other analysis is really needed though we do have other SHORT confirmations with the red SELL line of the Andean Oscillator rising from 0 on H1 and both RSI and MACD are declining. The only question is - where do I bank the profit? The 200 EMA (H1) has been a bridge too far for GBP/JPY BEARS so I'm setting my t.p. at 192.00 though if the momentum is strong and the BEARS are pushing to break thsi key level then 191.31 would be the next target which would be WPP Pivot and this sits above the 200 EMA on H4. With all that said, this is forex and there are no guarantees and anything can happen. We could see another drive back to WR1 so we still need to get the position to break even as soon as possible and then if the price does head back north we would look to SHORT from however high the BULLS push the price but I can only see SHORT trades for this pair for the rest of the week.
Short
by forextraplaces
SELL GBP/JPY from 192.74I've twice banked pips shorting GBP/JPY from the WR1 pivot this week and as can be seen the price is back at this level. We have a nice tweezer double top on H1 for the previous 2 candles and as SELLERS are clearly prepared to move into this market from this level, it looka good SHORT opportunity. However. The Andean Oscillator is not yet clearly giving a SELL signal. The green BUY line has slipped under the signal line (.656 signal line/.647 green BUY line) but the red SELL line remains ar zero on H1 although it is above zero on the 15M MACD on 15m has the fast MA moving beneath the slow which is a BEARISH sign. RSI has been in high 60's and is gradually declining. This trade is RISKY!!! We do not have enough signals to confirm that this pair is headed lower but as we've seen SELLERS enter the market twice this week, the expectation is they may enter again. It should be noted though that the GBP C.P.I. print came out in green and this has boosted all GBP pairs. This was 4 hours ago however and all BULLISH momentum has stalled. We have a natural STOP on this trade at 192.86 so its a cheap trade at only 15 pips. Target is 200 EMA at 191.87 though the price of this pair has been bouncing around all week so the trade will have to be carefully managed in order to maximise any gains.
Short
by forextraplaces
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
GBP/JPY - Potential Upside Opportunity from Key Support LevelKey Support Level Analysis: GBP/JPY currently finds itself positioned at a crucial support level, indicating a potential opportunity for upward movement in the market. This support level, identified at 190.400, has historically demonstrated a significant influence on price action. Entry Strategy: Traders looking to capitalize on the anticipated upward movement may consider entering the market upon a re-test of the support level at 190.400. This re-test serves as a confirmation of the support's strength and validates the bullish bias. Risk Management: To mitigate potential losses, a prudent risk management approach suggests placing a stop loss order at 189.380. This level serves as a safeguard against adverse price movements and aligns with the technical analysis framework. Take Profit Targets: Three distinct take profit targets offer strategic exit points for traders seeking to maximize profit potential: 1. Take Profit 1 (TP-1): Positioned at 191.475, TP-1 represents an initial profit-taking opportunity as the upward momentum gains traction. 2. Take Profit 2 (TP-2): Set at 192.500, TP-2 reflects a continuation of the bullish trend, capturing additional gains as the price trajectory unfolds. 3. Take Profit 3 (TP-3): Targeting 193.500, TP-3 serves as a more ambitious profit target, accounting for potential extended upward movement in the GBP/JPY pair. Disclaimer: Trading forex carries a high level of risk, and individuals should carefully consider their risk tolerance and financial situation before engaging in any trading activities. It is advisable to seek advice from a qualified financial advisor before making any investment decisions.
Long
by trading_jupiter
GBP/JPY Key levels for buying +250 Pips potentialHello traders, GBP/JPY has been sliding lower for the last few days. What's even more interesting if the fact that price has constantly stayed below the 100-hour moving average for quite some time now. That being said, there is a possibility of a rebound in GBP/JPY Traders waiting to buy, must wait for the price to break the 100-hour moving average level with a strong bullish impulse. Subsequently, the levels to target would be 191.40, 192.26 and 193.60
Long
by KaltoireCapital
11
GBPJPY I Potential pullback to support and more growthWelcome 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!
Long
by BKTradingAcademy
2