GBJPY 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.
Gbpjpysignal
GBPJPY- Time for the Reversal!-GBPJPY have created HH and currently rejected from there, however, the trend has not yet confirmed.
-If DXY remain bearish in this week, it will help the JPY to bounce back strongly, meaning GJ to drop further.
-Entry is only valid if it break the structure and retest at our area of entry or else avoid entering.
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 ____ INCOMING MASSIVE SHORTHello Traders,
This pair is on the verge of a dump... we have a strong supply zone (red box), and we just swept daily buy-side liquidity.
As you will also notice on my chart, on the lower timeframe such as 1 hour, you will see that price has created both buy-side and sell-side liquidity. As of now, the buy-side liquidity has been swept. This could mean that the dump may start... but be wary as more manipulations could still happen.
As you will see on my chart, there is massive sell-side liquidity to draw the price which is just above my TP.
I think we should keep tabs on this pair for a bearish move.
I will be posting the NZDJPY analysis also.
Follow for more updates.
Cheers,
David
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 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 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 8/5/2023Price currently ranging in between the resistance at 170.856 & support at 170.185 while also forming possible uptrendline.
Now if price closes above the resistance then we can expect price to continue pushing up to the next resistance at 171.950 & if price closes below the support then price might continue to the next support at 169.426.
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 Weekly Analysis 1/5/2023 to 5/5/2023The price currently retesting a major high at 172.071 from 2022 & showing signs of price rejection finding resistance at that high while the price also formed a support at 171.051 on shorter TF.
So if price closes below the support on shorter tf then it might continue pushing down as a pullback to retest the next support or uptrendline at 169.229.
But if price closes above the recent high then it might continue its bullish run towards the next key level at 174.939.
Beautiful Buy Setup On GPB/JPYA really nice buy setup has presented itself on gbp/jpy. We can see the market has retested 171.000 perfectly and has shown a bullish close on the 1HR timeframe. We are also in a strong trend to the upside confirmed by the 20EMA and 50MA.
Target for me is the market to make a new high.
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 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 and EURJPY top-down analysis, UPDATEDHello 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 and EURJPY 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 SETUP Hello guys,As we see gbpjpy is moving bullish and now has reached near to its major daily resistance (167.677 )and there is really good sell opportunity. But as always remember dont enter right now wait until it gives confirmation on daily time frame which i think most probably it will give us at the end of this week or the start of next week than you can enter sell and you can get atleast 300+ pips . Enjoy the profit if you are having any difficulty let us know we will be happy to help you
DeGRAM | GBPJPY complex pullbackGBPJPY is testing the resistance level, which is psychological level 164.000.
Price action made a sharp move down, and it will most likely go down further.
We expect a retest of the support level.
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GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future.
- Currently, GBPJPY LONG TERM can move up to the LEVEL of 171.000. Also, according to the GBPJPY STRUCTURE, before BUY, you can move up to the 161.60 SUPPORT LEVEL to the RESISTANCE LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.