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Gbpjpylong

Buying GBPJPY on dips.GBPJPY - Intraday - We look to Buy at 166.13 (stop at 165.33) There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 169.09. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. Further upside is expected although we prefer to buy into dips close to the 165.90 level. Our profit targets will be 167.98 and 170.68 Resistance: 168.70 / 172.15 / 174.20 Support: 164.00 / 161.10 / 158.70 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
GBPJPY - Daily Trade Idea - 24-Nov-22GBPJPY (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.
Long
by onelinkFX
1
GbpJpy to break above important resistance (1k pips potential)After the recent spike above resistance, GbpJpy corrected and dropped to 163. However, since the recent low at the 150 zone back in September, the price evolution is constructive, with the pair putting in higher lows on our chart. At this moment the price is exactly in horizontal resistance and I expect it to break above. This bullish momentum is intact as long as the price stays above the 162.50 low and swing traders could target more than 1000 pips for their trades!!!! (180 target)
Long
by Mihai_Iacob
13
GBPJPY - Daily Trade Idea - 23-Nov-22GBPJPY (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.
Long
by onelinkFX
GBPJPY - Daily Trade Idea - 22-Nov-22GBPJPY (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.
Long
by onelinkFX
1
GBPJPY - Daily Trade Idea - 21-Nov-22GBPJPY (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.
Long
by onelinkFX
1
GBPJPY 175.000 Q4 Target From 162.500, +1,250 PIPS175.000 Target by end of Q4 for GBPJPY , Monthly, Weekly, Daily bullish market structure. Weekly / Daily fib completion at 175.500 Anticipating spike of previous weekly lows at the start of the week (163.046) for liquidity. We have a bearish fib completion at 163.200 but single candlestick analysis on the daily showing Lower Lows and Lower Highs, anticipating the bullish shift in structure at the daily order block in line with the 78.6% fibonacci retracement at 162.390. Will wait for shift in market structure on lower timeframes once 162.500 is met.
Long
by oneumbrellafx
1
GBPJPY BUYHello traders. GBPJPY has performed a quite bullish price action. But the market makers' game is usually trapping the retailers on Mondays and reverse the trend later during week. So, I am sceptical. The pair definitely needs corrections and that is not only an opinion of mine. It is overbought so many big players will close their profits pretty soon. However, it remains bullish in technical analysis and GBP is bouncing from the lows while JPY keeps loosing value. Drawing Fib levels from the Swing Low to Swing High, based of the last 4H impulse move, I consider the below Fib retracement area as a great long opportunity. 163.585 - 166.057 Note: it is at a weekly Supply level but I see the potential to break it and aim for Multiyear highs. good luck
Long
by The_Forex_Path