My view of this pair is still bullish like the last analysis that I share here. For now the price is seen sideways, in my opinion this sideways series is included in the correction wave from the existing bullish trend series. We can only wait to do a short in an area that you think is valid with the help of this analysis.
If we see a strong rejection from the 185.50-185.60 zone after 1pm EST today, we might get a good BUY opportunity for the Higher Timeframe Buys continuation on GBPJPY. DONT RUSH the entries, because there is an extra push that can still happen into 185.30 before the BUYS continuation. So it is better to wait for a good confirmation, either looking at the lower...
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 regained above 154 on weak yen. The minor pullback in Pound sterling also supports the pair at lower levels. Any breach above 1.3050 confirms further bullishness.
FX:GBPJPY entry level 152.341 profit target 152.000 stop loss 152.662 risk reward 1:1 disclaimer on (use your money management properly)
Expecting a movement in reaction to the key levels identified on the above chart analysis. Following this trade, expect a reaction to the resistance level marked in blue (4HR Resistance) for a short-entry. Swing trade analysis is provided below as an attatchment. Forex is a highly leveraged product. Trading Forex carries a high level of risk due to the used...
Hello, traders! We see Rising Wedge for GBPJPY. And, potencial Bullish Shark Pattern. Target on the chart. Stop on the chart. Let`s see. High risk trade! Thank you for your attention.
Two possible ways for GBPJPY Possible targets on the chart. Trade Care!