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Gbpjpysignal

GBPJPY - SHORT; Looking for a Top hereThe Pound found itself rather unimpressed on the heels of the recent inflation data prints. Speculation abound whether there is one more rate hike left in the BoE, before long? (Likely.) Even so, everything (including the kitchen sink) has already been factored into the Pound crosses thus, any short fall in inflation prints from here on out are likely to have severe (down side) consequences! This pair has been quite overextended, already, above 170.00. The EUR/GBP is showing signs of an intermediate bottom, following its recent drop. (Thus, if anything this is the pair to look for Shorts, vs. the EURJPY.) Overall, both pairs EUR/JPY and this one, GBP/JPY are somewhere very close to a (very!) long term top, e.g., both pairs are deserving some unmitigated attention at this point. Looking for Short Entries here Here is the Daily view; ... and here is the EURGBP;
Short
by Nemo_Confidat
21
Update on GBPJPY DIRECTION(Bull)Hello Traders in the previous week our ideas on the GJ pair has been awesome and accurate We have predicted the direction of the pair for months now and our ideas rate is 89% correct. We continues to share our idea on the pair movement showing the direction its going. We still believe the pair remains in the Bull run, the pair broke out a key area on the last trading day of past week and did a minor pullback, but we wait to see a little bit pullback again before to gather momentum for the bull run, our first Bull target was hit last week at 182.23 and we look forward to see the rest being achieved. We keep our plan to buy the pair from dip and will take advantage of the selling opportunities available, as the pair trades around an area of value in the 4HR timeframe mitigating the gap and pushing to reach a higher high for the bull. The pair has form a double bottom pattern indicating a Bullish move after trading in side ways for the past few days last week until the breakout occurred. Bullish Target; 182.23 DONE, 183.24, 183.799, 184.4, 186.3 188.2 Bearish Target; 180.7, 180.3, 179.5, 177.6 Dont forget to hit the like, share, comment, and follow bottom. #Vimhype
Long
by Vimhype
GBP/JPY Surges Past 20-Day SMA Amid Anticipated BoJ DovishnessThe GBP/JPY pair remains bullish in the short-term perspective as shown by the daily chart. The Relative Strength Index (RSI) has surged past the midpoint, indicating a bullish tilt, and the Moving Average Convergence Divergence (MACD) records subtle red bars, signaling an ebbing selling pressure. The pair is strongly positioned above the 100-day and 200-day SMAs, suggesting that the bulls are in command. Moreover, the dovish bets on the Bank of Japan (BoJ) before next week’s meeting, as well as the strong UK Retail Sales figures, are providing more traction for the bullish sentiment. Place a buy order at 182.60, aiming for a take profit level at 184.00, while keeping a stop loss at 180.00. This plan is based on the current bullish trend, and it is subject to change if major news or market events affect GBP/JPY. TRADE IDEA DETAILS CURRENCY PAIR: GBP/JPY CURRENT TREND: Bullish TRADE SIGNAL: Buy Signal 👉ENTRY PRICE: 182.60 ✅TAKE PROFIT: 184.00 ❌STOP LOSS: 180.00 This trade setup provides an opportunity to benefit from the ongoing bullish sentiment on the GBP/JPY pair. However, as with all trading activities, it's crucial to use risk management techniques and not to invest more than you can afford to lose.
Long
by RichDadph-FX
GBPJPY Analysislooking at the existing market structure, the market may form a-b-c correction pattern with the possibility that wave B will approach the SnD area before falling again. if you look at the fibo retracement area, there is an SnD area that intersects with the fibo area with pretty good accuracy at notation 2.618. areas like this usually in the future will be responded positively by the price. This analysis is valid as long as the price does not rise more than the invalid area.
by Hokusai_FX
2
GBPJPY DIRECTION (Where GJ could go Next)The Technical analysis on gbpjpy from our channel has been great if you go through our history. Today our analysis on the pair is key to determine the direction of pair, We keep to our plan to buy as the pair remains in an uptrend in the higher timeframe, but for days now GJ has been trading sideways and also around the support level and the 200EMA at 179.83, we are monitoring to see a breakout and a retest before we go in with our selling plan. Bullish Target; 182.3, 183.25, 183.79, 184.9, 186.3 Bearish Target; 178, 177.3 176.04 We will need your support to Keep up the work and all we ask is your like, share, comment, and follow. Dont forget to hit the like, share, comment and follow bottom #Vimhype
by Vimhype