Gbpjpyshort
GBPJPY fulfil my last idea, next setup?Gbpjpy is exactly moved according my previous analysis and nicely given us 400+ pips from the zone ( tagged ).
Now Market is trading in chanel and I expect market will rise to the resistance trend line before drop.
So wait for resistance for more selling, if market hold resistance line and reject from the area you can sell, SL will be very small from there and target is massive.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
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 - Bullish price action ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as price took sell stop liquidity and rejected from imbalance + institutional big figure 168.000.
Like, comment and subscribe to be in touch with my content!
JPY Pairs 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.
GBP/JPY Rises to new 2023 peakSTRATEGY LONG
British Pound Sterling Japanese Yen traded at 171.115 this Friday April 28th, increasing 3.864 or 2.31 percent since the previous trading session. Looking back, over the last four weeks, GBPJPY gained 4.63 percent. Over the last 12 months, its price rose by 4.84 percent.
Larger bulls are likely to take a breather in coming sessions as 14-d momentum and RSI are at the border of overbought zone, suggesting that traders may collect some profits from three-day rally which accelerated on Friday.
Pullback should offer better buying opportunities, with extended dips expected to find support above 168.00 zone (broken Fibo 76.4% level at / former tops of Apr 19/25) to keep bulls in play.
Res: 170.00; 170.95; 172.11; 174.98.
Sup: 137.00; 168.36; 168.00; 167.18.
GBPJPY: Entry point!The GBP/JPY achieved three days of losses, though buyers are moving in as the Asian Pacific session begins. After hitting a weekly low of 168.05, the GBP/JPY bounced off, is trading at around 168.85, and gains 0.07% as it’s approaching the 169.00 figure.
BUY GBPJPY zone 170.00 - 170.20
SL: 169.80
TP: 171.25
GBPJPY: Seller's Opportunity!Fundamental Overview
The GBP/JPY pair is nearing its highest point in six months at 172.17 following a break above the consolidation around 171.00 during the Asian session. The Japanese Yen has been affected by the new Bank of Japan Governor Kazuo Ueda's support of an ultra-dovish monetary policy to maintain consistent inflationary pressures above 2%. The BoJ has confirmed unanimously that there will be no alteration to the Yield Curve Control, indicating that an exit from the loose policy is not being considered at this time.
Expect this to be a correction before continuing the uptrend
Plan trade in the intro ♥