GBPJPY 1H Timeframe AnalysisGBPJPY 1H Timeframe Analysis
As per Elliott wave trend reversal sign.
The daily market is moving very slowly just look at the bullish candle.
Gbpjpyshort
GBP/GPY ( Exhaustion )We have come to the previous top from a month ago. We are also extremely overbought. I expect a breakdown here once we close below current structure.
GBP/GPY ( Exhaustion )We have come to the previous top from a month ago. We are also extremely overbought. I expect a breakdown here once we close below current structure.
ALERT: Correction To 195 Imminent??The guppy has been steadily rising for the past 18 trading days after a significant drop due to likely BOJ intervention. So, what’s next?
In my opinion, this pair is highly overbought across all time frames. A correction seems imminent. If you look at the daily chart, the steep and prolonged uptrend suggests a significant drop is likely.
The 4-hour chart provides an even clearer picture of this steady climb. In trading, such prolonged upward movements often precede a drop.
Today, I entered a position at 200.60. My first target is a move down towards 195, with the potential for a deeper correction to 193 or lower.
Long-term, this pair is very bullish. The 190 to 193 area could be a good entry point for long-term buyers, aiming for a move towards the monthly SELL/SUPPLY zone starting at 211.
However, if the price breaks below 190, it could trigger a larger sell-off as large traders take profits.
For now, a short-term sell seems appropriate given the current extreme overbought conditions.
Let me know your thoughts in the comment section below
GPBJPY TRENDLINE BREAKOUT SELLHere on GBPJPY price has broken the trendline after a series of bouce on support area this show there is likely to have have a huge move down sice the previous trend was not healthy enough. So the target profits should be at the previous support level of the first and the second previous support for another take profit.
GBPJPY SELL | Idea Trading AnalysisGBPJPY is moving in an ascending channel. The price has an opportunity to test the resistance zones. If the price cannot break through the resistance level, it is expected that there is a chance that the price will fall..
We expect a bearish move from the confluence zone.
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 🤝
GBPJPYSell on the theory markets ranges 70% of the time. Sell on the theory markets retraces HALF of the previous move 90% of the time. Wait for 30m LTF breakdown for confirmation.
GBPJPY SellGBPJPY
Sell
Stop Loss: 198.9
Targets:
198.1
198.0
197.8
197.6
197.0
196.6
196.0
195.5
194.5
193.0
GBPJPY
The GBP/JPY is following an ascending channel, presenting a selling opportunity after bearish price action at the channel's resistance trendline. Look for confirmation signals such as a bearish engulfing pattern or a rejection wick to validate the sell entry. Maintain proper risk management to account for potential volatility.
GBPYJPY Sell/ShortGBPJPY looks like a sell on the daily and has moved strongly upwards from the last signal I called. This seems to be the top and for this updated signal I know for fact it can most likely drop from here. Resistance does not seem like it will break due to previous failures and as well we can be heading down potentially for months back to 194s area respectively. Please check below for TP, SL, and entry points!
ENTRY: 197.696
TP 1 (Day Trade): 196.950
TP 2 (Swing Trade): 194.120
SL: 25 pips from entry
Please message me if you have any questions! Please enjoy your day and be sure to follow our page!
GBPJPY NEXT MOVEwww.tradingview.com
On the chart H1, after 3 bullish waves an 2 bearish waves so we expected en ABC corrective waves.
Swing Sniper Signals 30m Sell for $GBPJPY30m sell printed by Swing Sniper. The price then retraced after signal and formed a new 30m supply zone. Price is currently retesting this zone. Should drop soon. Minimum TP 196.05. TP2 = 194.05. TP3 = 191.65.
Strategic GBPJPY Selling AnalysisExplore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
GBPJPY EVERYDAY TRADE SETUP R:R 1:3 Dear All,
this my idea for sell once sell candle or 30min choch get then only i go short
this is my ideas only. what you flow your trading statistics you can continue.
you need more my ideas flow me
GBPJPY: The USD stabilized at the end of the week, the British PThe greenback steadied on Friday after dropping floor withinside the preceding consultation on susceptible jobs records, whilst sterling edged up following stronger-than-anticipated boom figures.
At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling simply better at 105.115.
The USD is heading in the right direction for small profits this week
The USD steadied on Friday and is on route to advantage barely this week after falling on Thursday after records launched displaying a larger-than-anticipated advantage in subject matter records unemployment blessings request}} weekly.
This proof of a cooling US hard work marketplace has strengthened a few expectancies that the Federal Reserve will start slicing hobby costs in September.
Still, hard inflation stays the Fed`s foremost factor of contention, with a chain of officers caution of such remarks this week which have boosted the greenback this week.
San Francisco Federal Reserve President Mary Daly stated Thursday that there is "considerable" uncertainty approximately in which U.S. inflation will head withinside the coming months.
She added: “In a state of affairs in which inflation stays at... levels, with out in addition development being made, it isn't always suitable to begin adjusting costs until we see a slowdown withinside the hard work marketplace ”.
GBP/JPY Bearish Scalping Plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of GBP/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯.
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GBPJPY Top-down analysis Hello 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 MONTHLY STRUCTURE OHLC (SELL SETUP) TP [@191.000]GBPJPY on the daily timeframe shows a confirmed OHLC (OPEN HIGH LOW CLOSE) SELL Setup within the Monthly structure. TDI has indicated a bearish cross, suggesting the presence of sellers in the market. My target is set at 191.000 (Monthly Open). I advise patience in awaiting a sell signal to validate the selling momentum in smaller timeframes.
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GBP/JPY: Race back to 200.000? On Monday, the yen dropped to 160.000 per dollar, marking its lowest level since 1990, before rebounding more than 3% to 154.5 per dollar. This rebound was suspected to be the result of intervention by Japanese authorities.
According to reports from Bloomberg, the Bank of Japan (BoJ) likely injected ¥5.5 trillion into the currency markets after discrepancies were noted in the BoJ's operations report on Tuesday, where market forecasts didn't align with reported current account figures.
Both the GBP/JPY and USD/JPY pairs are gradually recovering on the charts. The USD/JPY is testing levels above 157.500, while the GBP/JPY is eyeing 197.00.
Both pairs could keep on advancing if the forthcoming US data continues to surprise. Notably, the Fed taking a hawkish tone after its FOMC decision on Wednesday and jobs data due on Friday.
The GBP/JPY's recent peak at 200.60 remains a key target for traders despite potential intervention by the BoJ.
Looking forward, market sentiment could appear bullish, with attention focused on key levels such as the 193.600 resistance-turned-support and the 10-day SMA.
GBPJPY: 1000+ Pips Selling Opportunity! Do Not Miss OutHey Everyone,
OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and take profit as suggested. Please use accurate risk management to have better outcome. We are targeting 1000 pips out from this idea.
good luck.
AUD USD TRADE SETUP AUD USD TRADE SETUP
AUD USD is currently retesting a support key level.
Currently looking for SELL confirmation on the lower timeframe of 30 mins.
Plan B, if the price breaks above we need to see a retest before looking for BUY entries
GBPJPY RETRACE TIME !!!hello friends
As you can see we had achieve all of our given Targets as we sent perdition in our previous analysis on this pair in this bull run... now its time to retrace some pips so if we see the Fib retracement its a easy target till design levels with a very low risk and higher rewards Friends its just a trade idea share ur thoughts with us Stay Tuned for more updates
have a look on attached chart our previous analysis
GBPJPY: Yen struggles as BOJ faces yield dilemmaThe Japanese yen keeps to stand vast demanding situations because it hit a 34-yr low towards the greenback, with little expectation that the Bank of Japan (BOJ) will improve hobby costs at its meeting. upcoming coverage on Friday. The significant bank, which has no forex mandate, is beneathneath growing strain because the weakening yen influences inflation via way of means of growing the fee of imports.
Despite guidelines from BOJ Governor Kazuo Ueda approximately the opportunity of destiny hobby fee hikes, forex markets have in large part unnoticed those signals. In March, the BOJ raised hobby costs for the primary time in 17 years, however the flow did little to reduce the yen`s decline. Traders continue to be targeted at the more potent greenback and the vast yield differential among the USA and Japan.
The yen is presently extra stricken by US trade costs and yield differentials. Swami additionally talked about that whilst a complete normalization of BOJ coverage may want to assist enhance the yen, the important thing thing may be the Federal Reserve's actions.
Market expectancies for the Federal Reserve have changed, with fewer hobby fee cuts than anticipated this yr because of symptoms and symptoms of chronic US inflation and a lackluster financial recovery. This extrade in outlook indicates that US short-time period hobby costs may want to continue to be above 5.25% for an prolonged period, whilst Japanese short-time period hobby costs are at 0.1%. Even with the 22 foundation factor boom priced in for Japan this yr, it hasn't executed a great deal to shut the gap.
