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Gbppairs

Bearish channel guiding GBP indexGBP has been one of the weakest currencies for some time now and it's easy to see that from this chart The FX market has been quiet for the majority of the week and it looks like GBP tried to regain some ground albeit slowly It could continue to gain but the overall bearish channel is what I'm focused on. I'm watching for bearish setups on GBP pairs but waiting to see how price will react to the bearish flag pattern. Good confirmation will be if price can sustain trading below the bearish flag breakout point on the index.
Short
by Aperna
GBP JPYJapanese Yen is a safe haven asset for investors, but while pairs have been taken a beating - especially GBP against these safe haven assets - the demand zone 1 was touched so a scalp trade has been placed - aim to get 70-100 pips before closing. Risk free entry already. With new fresh zones being touched with heaving selling - await a rejection on a zone and enter. However trading against the trend (in majority of cases) is free money to the sellers or buyers in a trend. So pay attention. Scalping is in and out - so once your pips are secured. onto the next trade
by LupaCapital
1
GBPJPY long (Supply and Demand)Back to my favorite Trading Pair. The GBPJPY. We can mark up some nice levels. Current State: We are at a Demand Level right now. But we could see 2 Scenarios. Expectations: I expect the price to go up to the Resistance Line. Only enter at the Retest which would be a confirmation. Second Scenario: The price could go further down. Also here wait for the Retest before entering shorts. This is my Analysis on the GBPJPY . I hope you enjoy it. Feel free to comment on the Analysis if you want to know something. Let me also know in the comments your view about the GBPJPY .
Long
by DariusFxTrading