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Gbpjpyforecasting

GBPJPYam expecting a little drop from 156.36 down to around 155.80 zone where I will be looking out to go long once i get the trendd confirmation on the smaller timeframe. my bias for GBPJPY is bullish till price gets to 158.00. so what this means for me is that I will be looking for more of buying opportunities than Selling stay tuned to this feed for live trading updates and signals. please refer to my previous publications to be able to understand how I approach the market feel free to drop your own views, comment or criticism .
Long
by ForexAlpha7
1
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS- FLASH PMI DATA S for GBP is due out today. They will have a huge impact on GBP. It will be somewhat important to us. Then we wait for the change in GBP. This week is nothing special for JPY. So the JPY MARKET goes through the SENTIMENT. - GBP FEATURE is currently at 1.2902 LEVEL. Also the JPY FEATURE stays at 0.0078 LEVEL. GBPJPY PRICE has dropped on DYNAMIC S / R LEVELS. So most likely the PRICE will be slightly UP in the future. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY. - Currently STOCKS are getting somewhat DOWN. And VIX is getting a bit UP. Also COMMODITIES OVERALL DOWN. It's something special. Also BONDS PRICES are a bit GREEN. Also BONDS SPREADS are DOWN. There is currently no CLEAR DIRECTION in the MARKET. Maybe today's Friday because it's MARKETS CORRECTION. Currently the market has a NEUTRAL BIAS. - GBPJPY PRICE can be DOWN to 164.275 LEVEL before UP. Then you can DOWN to 170.027 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
by benny_marshall
GJ , It's TIME FOR THE CORRECTION !!!Good day Traders ! For this pair we have a "W" formation in the Monthly timeframe ad well as a double top forming. We expect the price to drop to the neckline and also to correct the previous impulsive move. Going down to the weekly timeframe we have an overextended W formation as well and the neckline of this weekly is in confluence with the Monthly neckline which is considered as a potential target. Going down on the daily timeframe we have an huge impulse and we expect to see a correction very soon at least to the 0.618 FIB level. From an institutional perspective we can see that institutions added a massive amount of short position last week on GBP which can explain and support our bearish idea ! Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more insights and ideas. Trade Safe !!
Short
by TheDayzen
6
What's the next move of GBPJPY? We'll seeHere is our forecasting report in video format for GBPJPY on 2 February 2018. Enjoy. Good trading NinjaSingapore 2 Feb 2018 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
by NinjaSingapore