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Gbpjpyprediction

Jamie Gun2Head Trade - Selling GBPJPYTrade Idea: Selling GBPJPY on head and shoulders retest Reasoning: Correction lower looks to be extending further Entry Level: 160.50 Take Profit Level: 156.25 Stop Loss: 162.02 Risk/Reward: 2.8R Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
GBPJPY hello, currently GJ just pushed up and hit our first tp 0.00% as first TP and also broke the trendline with a big bullish candle and is next to 61.8% on old fib level and is currently near a zone, you ought to be careful when trading around this area where there is a critical zone thats where currently we are seeing doji candle but overall i want to see it break through this current zone and push past to the -27.00% and move back down to test this current zone incase it doesn't reject it. But make sure all confluences are lined up before taking a trade. Have blessed week, remember to ask Jesus for his wisdom and guidance and he will show you. Jesus loves you<3
Long
by louisemwesigwa
GBP/JPYThe British pound has bounced hard at the end of the week, as it looks like we are trying to stay above the previous resistance. That being said, the market looks as if we are ready to go higher, but we need to get above the ¥160 level. If we break above the ¥160 level, then it is likely that we will go looking to the ¥165 level. On the other hand, if we turn around and break down below the ¥157 level, it is likely that we could go looking to the ¥155 level given enough time. You should also keep in mind that risk appetite has a major influence on what happens here as well.
by SmoothJB
GBPJPY(30) DROP DOWN ANALYSIS Hello, i was so happy with GJ last week, my analysis played out on the weekly just like I had predicted. Praise Jesus! So for this week, I want to see price open up with a small bullish momentum, move up to 158.587 price range after hitting -27.86% fib level. If you entered this position for a minor structure buy last week, this will be your TP2, there after drop form a small bearish momentum hit the trend lines, Finally push up with a bullish momentum to -61.80% as TP3 then drop there after. Trade with enough confluences, trade what you see and not what you think. Jesus loves you ♥️
by louisemwesigwa
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS⛔️ GBP FEATURE currently stands at 1.2173 LEVEL. Also the JPY FEATURE stays at 0.00778 LEVEL. GBPJPY PRICE has dropped on DYNAMIC S / R LEVELS. So most of the time the PRICE can be a bit UP ahead. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY. But buying XXXJPY CURRENCY PAIRS at this time is very risky. ⛔️ STOCKS are currently DOWN. And VIX is becoming UP. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are going down. Also BONDS SPREADS are becoming UP. By now the MARKET RISK is OFF. So definitely create a DOWN TREND for AUD CAD NZD and a UP TREND for JPY CHF USD. ⛔️ GBPJPY PRICE can be UP to 159.067 LEVEL before DOWN. Then you can DOWN to 152.951 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
by benny_marshall
1
Head and shoulders pattern on GBPJPY/ The fall is more likely!Hello everyone, I see a great sell opportunity on GBPJPY. The pair looks like it is printing a head and shoulders pattern. I am waiting to see if there can be further bearish developments to the downside and take sell opportunity. For best entries it is wise to wait for price to break below the neckline and see if there can be a solid retest of the area. My goal will be 151.400. Please support this idea with likes if you find it helpful. I will be thankful. If you have any thought on this please be kind to share it in the comment section below.
Short
by Forexintelligence_NA
GBPJPYThe British pound continues to sell off in general, but this particular pair is going to be a little bit different due to the fact that the Bank of Japan continues to fight higher interest rates in that country. As long as that is going to be the case, the British pound has at least a chance of staying bullish. However, the Bank of England has stated that they expect a recession, so if you are looking to capitalize on the weak Japanese yen trend, you may want to do it in other pairs. Alternately, if we see this market break down below the ¥159 level, it is very likely that we will drop it a couple of hundred pips.
by SmoothJB