GBPJPY Analysis H1Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Gbpjpysignal
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 Analysis H1Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPJPY Analysis H1Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPJPY: Price growth prospect!The GBP/JPY pair continues its upward trend, despite a slight dip towards the 183.40s level at the time of writing, supported by various factors. The Ichimoku Cloud (Kumo) remains below the price levels, while the crossing of Tenkan-Sen above Kijun-Sen has opened doors for further price appreciation, as observed in Thursday's session.
GBPJPYMarket has been slow in the last few days, a few good moves here and there but generally slow. Hopefully with CPI and Unemployment claims coming out later today, market should pick up. Trade carefully and patiently.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPJPY Breakout Trade PlanBTCUSD wait for breakout and trade in the direction of breakout or place your but and sell stop.
Manage your risk according to account size!
GBPJPY: Back to get liquidity when not breaking resistanceGBP/JPY lacks momentum while making rounds to 182.70-80 during early Wednesday in London, fading the two-day winning streak. In doing so, the cross-currency pair juggles multiple risk catalysts and the fears of the UK’s economic slowdown, as well as mixed central concerns, during the sluggish markets.
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: The recovery is negligible!The GBP/JPY exchange rate is recovering from recent losses during the early Asian trading session on Friday. The cross trade is currently hovering around 181.62, marking a 0.24% increase for the day. The disparity in monetary policy stances between the Bank of England (BoE) and the Bank of Japan (BoJ) acts as a headwind for GBP/JPY transactions, creating an adverse effect on its performance.
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 Trade PlanGBPUSD wait for breakout and trade in the direction of breakout.
Manage your risk according to account size!
GBPJPY, Expecting Down, updatedGBPJPY, i am expecting a down move because there is brearish formula candle on the top of the market which is also an resistance area + RSI level is also around 75 level, so expecting a short but consistent move.
GBPJPY Analysis 31July2023GBPJPY Analysis in accordance with last week's analysis where the price of bearish reached Wave (C). I am still in the positive view of this paar bearish. with the target in the lower SND area and the invalid area as the validation limit of this analysis. If you want to do a short, wait when there is a bearish candle that is quite thick.
GBPJPY, H1 Expecting Strong SellGBPJPY, i am expecting a strong sell from recent price and if this fail, then i am expecting strong sell entry from 182.00 area.
USDJPY and 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 - 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;
GBPJPY Analysis 26July2023Seeing the correction of this pair in the last 3 days has not shown a sign of correction will end. There is a possibility of complex correction with the composition of zig-zag wave. There are several limits where the price will return to bearish if it passes through a particular area.
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.
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.
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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.
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.
