Gbpjpyshort
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GBPJPY → Trade Analysis | SELL SetupGBPJPY s moving to the upper boundary of the ascending channel.
The volatility of the movement has decreased.
The price has reached the resistance level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
The yen fell to near its lowest level in 38 yearsThe Yen has fallen to extra than one hundred sixty Yen consistent with USD, elevating worries that Japanese government will interfere once more to include this scenario.
Reuters suggested that on June 27, the Yen fell to extra than one hundred sixty Yen consistent with USD, close to its lowest degree in 38 years. The Yen has fallen approximately 2% at the month and 12% at the yr towards the USD.
According to Xinhua, at one factor in the course of the day, the USD turned into buying and selling at one hundred sixty.05 yen, marking the bottom degree when you consider that April 29.
Recently, the Japanese Government has signaled the opportunity of suitable intervention to reply to immoderate volatility. Previously, for the reason that cease of April, the Japanese Government spent 9,790 billion Yen (approximately extra than 60 billion USD) to push the Yen up 5% from its lowest degree in 34 years.
Analysts say that even though the danger of intervention has increased, the Japanese Government can be looking ahead to the United States private intake expenditure (PCE) statistics file earlier than getting into the marketplace.
“Exchange prices and the charge of decline are each essential elements for the Ministry of Finance to recollect intervening,” stated Boris Kovacevic, international macro strategist at international bills enterprise Convera in Austria. the Forex market marketplace. However, reducing volatility withinside the alternatives marketplace suggests that the current boom has now no longer met the Ministry of Finance`s criteria. Policymakers may also await the PCE file earlier than creating a very last choice earlier than the cease of the week."
In a scenario in which the Yen is devalued, families in Japan are nonetheless suffering with each day residing costs. This scenario is basically because of the weaker Yen, making imported items extra expensive. The Japanese authorities is seeking to take extra measures to lessen inflation.
GBPJPY: 3 Months Overview A Big Dump Coming Up! Dear Traders,
After looking at the bigger timeframe in this case we used 3 months timeframe, we have identified similar pattern that occurred in market in last few years. If we see, we can continue to see growth in price towards 219 to 222. These two areas remain crucial for swing sellers where we can see price dropping heavily. Please use this analysis, as a overview and future of the pair. Do not solely use this analysis as our other normal chart analysis.
Team Setupsfx_
GBPJPY where can reverse ? ( swing trade ... )hello dear forex trader
this price action for gbpjpy
my structure level on dayli time frame ...
price near the price reversal zone between fibou extension 2.618 and fibou retrecment on dayli time frame ...
i expect higher high and lower low in 1 h and 4h time frame
after confirmation we can open sell position \
stop loss need for any position
good luck
GBPJPY set to break trendline supportIdea No : 10
8 out of our last 9 ideas were successful and 1 still running, let's talk about 10th
GBPJPY is in a bull run for quite some day now but started to show lags and over bought conditions
we are now facing 2 trendlines and 1 of them appears to be breaking down
therefore expect it to follow our red arrow soon
GBPJPY locked in between our previous trendlinesIdea No : 12
10 out of our last 11 ideas were successful & 1 still running, let's talk about 12th now
GBPJPY floats around our previous trendlines, it broke below
there are new trendlines emerging below it so we expect it to be under pressure which will lead to shorting the pair
let's see...
ICT Short setup up GBPJPY & EURJPY👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in GBPJPY for Swing trade.
Please refer to the details Stop loss, FVG(Sell Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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GBPJPY Sell/ShortGBPJPY looks like it is in a phase of bearish return in a downtrend channel pattern. We are currently looking to short on the market due to the rejection at level of 200.700 and we will be looking to see a drop of at minimum 200-400 pips before touching the main support trend line. I have my profits set there, however, please feel free to take any profits you wish ahead of time. Thank you and please be sure to follow our page!
GBPJPY ANALYSIS [W/B 10/06/24]GJ has been interesting to me the last few weeks. It has a dilemma that it is going through.
As seen within the POI, there is plenty of imbalance which could force price downwards, with confluences such as structural breakdown and imbalances left over downwards in the demand area - however price has - within the last significant periods - been trading upwards.
I agree that if the upper zone of this POI is broken - we could well see a very lengthy and strong bullish run - especially as on the weekly chart there was a lot of imbalance left over.
If we see structural breakdown to the downside I am expecting any of the drawn out TP's to be taken.
GBPJPY: 1000+ Pips Selling Opportunity! What's yours views on itOur previous analysis on GBPJPY has rejected at the top and dropped 300+ pips, however, price jumped back to the initial entry and in our view we think price is just came back to test the liquidity. We still expect a strong bearish move to dominant in coming days. Expecting a strong bullish move on Yen, however the USD data can conflict our views.
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ICT Short setup GBPJPY, H4 timeframe, Swing trade👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in GBPJPY for Swing trade.
Please refer to the details Stop loss, FVG(Sell Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
GBP/JPY Amazing Short Setup Valid To Get 250 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
SHORT GBP/JPY from 199.70The high of 200.55 back on 24th April saw a deeep and rapid decline in GBP/JPY.
I SHORTED this pair at 200.18 at the end of May and exited when the price started to head north.
I SHORTED again after when the price returned to the 200 level and exited for 80+ pips when the price hit the 200 EMA on H1.
2 candles ago GBP/JPY BULLS pushed the price back above the 200 and the last H1 candle was a wide doji indecison candle as was the last H4 candle.
It cannot be ruled out that GBP/JPY BULLS wont push the price higher from these levels, the signs are that any move higher presents an opportunity to SELL.
The H1 Andean OScillator is signalling SELL on H1.
The last 4 H1 candles have closed near the 200 EMA.
The RSI is heading south on H1.
The MACD is signalling SHORT on H1 and is moving under zero.
It has to be remembered that all JPY pairs are in an uptrend.
GBP/JPY has been heading north since August 2020 so this pullback is just that - a pullback to lower ground.
How deep is the question.
Previously we've seen GBP/JPY pull back to the 50 EMA on D1 which comes in at 196.00 are so its well possible that this level could be reached but news over the next few days will impact direction.
Today we have Final Manufacturing PMI and ISM Manufacturing PMI out of the US.
Its unclear how much this pair will be impacted on the print so tighten stops just to be safe.
GBPJPY - Long active !!Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action as price rejected from trendline + institutional big figure 199.000.
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