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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Gbpjpyshort
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.
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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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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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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!
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.