Gbpjpylong
GBPJPY Key Support Zone GBPJPY Has retested off the key support zone again to create the end of a triple bottom that we previously saw break out bearish but with last weeks positive news for GBP and the downward trend of the JPY add confluence to the pivot point and we could see prices rise, that being said amidst the gloomy outlook on the undecided interest rates in the UK it would be wise to see how we react after market open going into next week and if we continue bearish to retest the support or break through.
GBPJPY rebounded after FED MeetingGBPJPY reacted strongly after FED increased the interest rate, making JPY weak as Yen always sensitive with interest change. Look for potential buy after break the SWAP Zone.
GBPJPY BUY ZONEGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
GBPJPY buy zone 157.100 and 155.800 and 154.700 SL 154.00. Risk 1%. Buy from monthly and weekly target area. First Target Standard, Global Target Return to Area 161.900 and 165.100
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
Analysis GBPJPY : 📅 2/2/2023Analysis GBPJPY :
Considering the price correction up to the price side range, I expect the price to grow up to the specified targets.
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price:157.850
sl: 156.850
tp1: 161.850
tp2:165.900
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👤 Alireza hajighasem : @alirezahajighasem
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📅 2/2/2023
GBP/JPY Long Opportunity- FEBRUARY RECAPExplanation with the chart - looking at market structure (HHs and HLs) with clean price action - anticipating bullish momentum for pre-London session. Risking 1.5%.
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 167.52. Also, according to the GBPJPY STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 158.83 to the SUPPORT LEVEL.
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.
Bullish idea GBP JPYGBP JPY : we waited for it long time to reach this support area .
As it reach this area we can enter with a buying position with big LOt , thus we use small stop loss to close the target in case of breaking this support .
if you liked boost our channel and leave comment .
GBPGPY We are in a downward movement in theGBPJPY, so I see this as one of the most important selling points GOOD LUCK
GBPJPY WEEKLY UPDATE Hi trader
The GBPJPY is still moving within the consolidation area between the lowers 155.350 and the high 162.222.
The market ended the weekend with a high of 161.802 and a low of 159.587.
Therefore, if this price goes up next week, it could break the consolidation and close at 163.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
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GBPUSD 21-27 [JAN] Analysis - Double Bottom on Daily PAHere we can see double bottom with neckline on 50 fibs the daily uptrend. If the PA rejects off the current retest on the 50 Fib, we could be setup for 250 pip long.
GBPJPY - Consolidation phase ✅ Hello traders!
‼️ This is my perspective on GBPJPY .
Here we are in consolidation from H4 timeframe perspective. I have 2 ideas here, first one, price could break the resistance and re-test it for going higher to fill the imbalance or the second one, price could manipulate only buy stop liquidity and distribute lower.
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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 buy setup 167.94 target nextgbpjpy buy setup 167.94 target next
we can see gbpjpy is in bull trend we can predict that gbpjpy can hit our target according to technical analysis.
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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 (SELL) OUTLOOK H2GBPJPY is currently trading within a developing structure which we could see a push down to create another low.
Price has failed to break above 161.200 range multiple times which we should see bearish price action form for a sell opportunity.
Recommend short term selling to 155.6 range.
Thanks
Trade Safe
GBP/JPY :: The last analysis.GBP/JPY :::
The previous analysis is still valid and the price was able to cross the ceiling of the channel .
It is expected that the next targets will continue on their way .
GBPJPY (LONG)Price has formed a nice solid double bottom pattern. Just simply waiting for a retest to previous resistance level before entering.
GBPJPY - Daily Trade Idea - 23-Jan-23GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
Buy IdeaHello traders, in today's trading session my team and I are monitoring GBPJPY for another buying opportunity above the 160.000 price level, once we get a bullish breach the pending order will be activated.
Pip Regards, DayBot6.
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