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Gj

GBPJPY Technical Analysis 08.12.2023 1h chart– Previous Daily candle closed extremely Bearish around 181.390 tapping into a Strong Weekly Support held over the last 6 months. – Buys on close above 181.700 targeting 1h Resistance around 182.370, Leaving Runners to the 30min Resistance at 183.340. – Sells on close below 180.490 targeting 4h Support around 179.870, Leaving Runners to the 30min previous Resistance formed on 28th July 2023 around 179.120. – As price dropped by over 640 Pip down on Thursday there is a chance that the Friday Daily candle range and form weak Support as price reacts to the Weekly Strong Support tapped on Thursday.
by SalimFX20
GBPJPY Technical Analysis 06.12.2023 1h chart– Previous Daily candle closed Bearish around 185.280 below Daily Support formed on 21st November 2023. – Buys on close above 186.120 targeting 1h Resistance formed around 186.660, Leaving Runners to the Daily Resistance formed around 187.040. – Sells on close below 185.060 targeting 4h Support formed around 184.600, Leaving Runners to the previous Daily Resistance formed on 23rd November 2023 around 184.210. – Medium Impact News ahead of the London session for the Pound Sterling for Construction PMI, Bank Of England Governor Andrew Bailey due to hold a press conference about the Financial Stability Report in London.
by SalimFX20
GBPJPY Technical Analysis 05.12.2023 1h chart– Previous Daily candle closed weak Bearish around 185.910 rejecting the Daily Consolidation Zone formed at the beginning of November. – Buys on close above 186.160 targeting 1h Resistance formed around 186.660, Leaving Runners to the Daily Resistance formed around 187.040. – Sells on close below 185.400 targeting 4h Support formed around 185.060, Leaving Runners to the 30min Support formed around 184.650. – As Monday Daily candle closed Weak Bearish there is still a probability for price to retest the Rejection Area.
by SalimFX20
GBPJPY Technical Analysis 04.12.2023 1h chart– Previous Weekly candle closed Bearish around 186.460 forming Weekly Resistance around 188.240, Friday Daily candle closed weak Bearish within the recent new Daily Range formed last week. – Buys on close above 186.830 targeting 4h Resistance around 187.330, Leaving Runners to the 1h Resistance formed around 187.630. – Sells on close below 186.180 targeting 1h Support around 185.770, Leaving Runners to the Daily Support formed around 185.450. – Ideally is to allow the Asian session to form a new range and wait for high volume time as price more likely to respect recent Weekly Resistance and continue to the downside.
by SalimFX20
GBPJPY Technical Analysis 01.12.2023 1h chart– Previous Daily candle closed weak Bullish around 187.010 forming weak Daily Support around 186.850. – Buys on close above 187.580 targeting Daily Resistance formed around 188.220, Leaving Runners to the 1h Resistance formed around 188.670. – Sells on close below 186.400 targeting 4h Support formed around 185.890, Leaving Runners to the Daily Support formed around 185.450. – There is a good probability to see Friday Daily candle closing Bearish as weak Daily Support has been formed on Thursday.
by SalimFX20
GBPJPY Technical Analysis 30.11.2023 1h chart– Previous Daily candle closed small Bearish around 186.860 as price remain within the recent 4h consolidation zone. – Buys on close above 187.170 targeting 1h Resistance formed around 187.500, Leaving Runners to the 1h strong Resistance formed around 187.840. – Sells on close below 186.620 targeting 1h Strong Support formed around 186.320, Leaving Runners to the 4h Support formed around 185.890. – Ideally is to allow the Asian session to consolidate and wait for high volume time around the Pre London / London Open leading to New York session.
by SalimFX20
GBPJPY Technical Analysis 29.11.2023 1h chart– Previous Daily candle closed small Bearish around 187.130 as price ranged on the 4h timeframe. – Buys on close above 187.780 targeting Daily Resistance formed around 188.300, Leaving Runners to the 1h Resistance formed around 188.600. – Sells on close below 187.040 targeting 1h Support around 186.650, Leaving Runners to the 4h Support formed around 186.390. – Bank Of England Governor Andrew Bailey due to deliver brief remarks at an event celebrating the 50th anniversary of the London Foreign Exchange Joint Standing Committee.
by SalimFX20
GBPJPY Technical Analysis 28.11.2023 1h chart– Previous Daily candle closed Bearish around 187.680 forming Daily Resistance around 188.300. – Buys on close above 187.950 targeting Daily Resistance formed around 188.300, Leaving Runners to the 1h Resistance formed around 188.600. – Sells on close below 187.240 targeting 4h previous Resistance formed around 186.840, Leaving Runners to the 4h Support formed around 186.390. – As the Monday Daily candle closed Bearish forming Daily Resistance within the Monthly Rejection Wick formed in November 2015, There is a good probability to see Weekly Resistance formed within the current Weekly candle.
by SalimFX20
GBPJPY Technical Analysis 27.11.2023 1h chart– Previous Weekly candle closed Bullish around 188.340 filling Rejection Wick formed recently on the Weekly timeframe, Friday Daily candle closed Bullish breaking above recent Daily Resistance formed on 16th November 2023. – Buys on close above 188.650 targeting previous Weekly Support formed on 13th July 2015 around 189.320, Leaving Runners to the Daily Rejection formed on 25th August 2015 around 190.020. – Sells on close below 187.910 targeting 4h previous Resistance formed at 187.540, Leaving Runners to the 30min Support formed around 187.140. – Ideally is to allow the Asian session to consolidate forming a new Range for the new Weekly candle.
by SalimFX20
GBPJPY Technical Analysis 24.11.2023 1h chart– Previous Daily candle closed Bullish around 187.380 as price approaches the previous Weekly Rejection formed around 188.280. – Buys on close above 187.650 targeting Daily Resistance around 187.910, Leaving Runners to the 1h Resistance formed around 188.230. – Sells on close below 187.170 targeting 4h previous Resistance formed around 186.830, Leaving Runners to the 4h Support formed around 186.400. – Ideally is to allow the Asian session to form a consolidation zone and wait for High Volume time with a strong confirmation.
by SalimFX20
GBPJPY Technical Analysis 23.11.2023 1h chart– Previous Daily candle closed Bullish around 186.820 respecting Daily Support formed on Tuesday. – Buys on close above 187.150 targeting 4h Resistance formed around 187.600, Leaving Runners to the Daily Resistance formed around 187.910. – Sells on close below 186.400 targeting 4h previous Resistance formed around 186.020, Leaving Runners to the 30min Support formed around 185.690. – High Impact News ahead of the London session for the Pound Sterling, Flash Manufacturing PMI and Flash Services PMI, High Volatility expected.
by SalimFX20
GBPJPY Technical Analysis 22.11.2023 1h chart– Previous Daily candle closed Bullish around 186.020 forming Daily Support around 185.460, Rejecting the bottom of the Daily Range formed on the left. – Buys on close above 186.170 targeting 1h Resistance formed around 186.770, Leaving Runners to the next 1h Resistance formed around 187.130. – Sells on close below 185.540 targeting 4h Support formed around 185.060, Leaving Runners to the 30min Support formed at 184.640. – Monetary Policy Report Hearings that could impact the Pound Sterling during the London session.
by SalimFX20
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GBPJPY Technical Analysis 21.11.2023 1h chart– Previous Daily candle closed strong Bearish around 185.470 retesting Daily consolidation zone formed couple of weeks ago. – Buys on close above 185.670 targeting 1h Resistance formed around 186.090, Leaving Runners to the 4h Resistance formed around 186.460. – Sells on close below 185.180 targeting 1h Support formed around 184.800, Leaving Runners to the 1h previous Monthly Resistance formed in September 2023 around 184.360. – There could be a potential Daily Support to be formed around 184.500 level before the continuation to the downside.
by SalimFX20
GBPJPY Technical Analysis 20.11.2023 1h chart– Previous Weekly candle closed Bullish at 186.420 leaving a Rejection wick to the upside around 188.290, Friday Daily candle closed Bearish as price retested the recent Daily consolidation zone. – Buys on close above 186.600 targeting 4h Resistance around 187.010, Leaving Runners to the 4h previous Support formed around 187.420. – Sells on close below 186.120 targeting 4h Support around 185.650, Leaving Runners to the next 4h Support formed around 185.140. – Bank Of England Governor Andrew Bailey due to speak at the Henry Plumb Memorial Lecture in England.
by SalimFX20
GBPJPY Technical Analysis 17.11.2023 1h chart– Previous Daily candle closed Bearish around 187.050 respecting the weak Daily Resistance formed on Wednesday. – Buys on close above 187.610 targeting Daily Resistance formed around 187.900, Leaving Runners to the 4h Resistance formed around 188.180. – Sells on close below 186.830 targeting 1h Support formed around 186.230, Leaving Runners to the previous Daily Resistance formed on 31st August 2023 around 185.690. – High Impact News ahead for the Pound Sterling at the Pre London session open, Retail Sales m/m forecasted at 0.5%, previously was -0.9%, High Volatility expected at the London session open.
by SalimFX20
GBPJPY Technical Analysis 16.11.2023 1h chart– Previous Daily candle closed Doji Bearish around 187.910 as price form a new range on the 4h timeframe. – Buys on close above 188.250 targeting Monthly Rejection wick formed in November 2015 around 188.820, Leaving Runners to the Previous Weekly Support formed on 13th July 2015 around 189.320. – Sells on close below 187.440 targeting previous Daily Resistance formed on 5th November 2015 around 187.000, Leaving Runners to the 1h previous Resistance formed around 186.630. – Ideally is to allow the Asian session form a new range for the Thursday Daily candle and wait for strong confirmation during high volume time.
by SalimFX20
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GBPJPY Technical Analysis 15.11.2023 1h chart– Previous Daily candle closed strong Bullish around 187.900 tapping into a Rejection Monthly area formed in November 2015. – Buys on close above 188.300 targeting Monthly Rejection formed in November 2015 around 188.820, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.320. – Sells on close below 187.660 targeting previous Daily Resistance formed on 5th November 2015 around 187.000, Leaving Runners to the 1h previous Resistance formed around 186.630. – High Impact News ahead at the Pre London session open. CPI y/y, High Volatility expected at the London session open.
by SalimFX20
Day Trading Bias for GJHi there, Traders! GJ is clearly showing some Bullish movement making HL & HHs, BOS, and retracements. If the Fib is correct (4HR TF), GJ retraced into the 50% then, turned around to the upside. (Note: This was a good time for me to try to scale in for another entry). Price is now rejecting off a 1HR OB, so maybe a small retracement before pushing higher, 185.300?? (Watch 1HR/15M chart). Entry: 185.000 TP 1: 186.800 SL: 184.300 ~ 1:2 RR *DISCLAIMER: I am not a financial adviser. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
Long
by thattradergirl
GBPJPY Technical Analysis 14.11.2023 1h chart– Previous Daily candle closed strong Bullish around 186.240 breaking out of the Daily Consolidation Zone formed last week. – Buys on close above 186.320 targeting 4h Resistance formed around 186.640, Leaving Runners to the previous Daily Resistance formed on 5th November 2023 around 187.000. – Sells on close below 185.810 targeting 1h Support formed around 185.450, Leaving Runners to the next 1h Support formed around 185.130. – High Impact News at Pre London session open, Claimant Count Change and Average Earnings Index 3m/y, High Volatility expected at the London open.
by SalimFX20
GBPJPY Technical Analysis 13.11.2023 1h chart– Previous Weekly candle closed Bullish at 185.150 leaving a Rejection wick to the upside around 185.960, Friday Daily candle closed small Bullish within the Daily Consolidation Zone. – Buys on close above 185.340 targeting 4h Resistance around 185.780, Leaving Runners to the Weekly Rejection formed on 28th August 2023 around 186.060. – Sells on close below 184.640 targeting previous Daily Resistance formed on 1st November 2023. around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.750. – The Analysis has been kept the same as the ones posted for Friday as price consolidated within the No Trade Zone provided for Friday.
by SalimFX20
1
GBPJPY Technical Analysis 10.11.2023 1h chart– Previous Daily candle closed Bearish around 184.930 forming Daily Resistance around 185.420 as price consolidate on Daily timeframe within the current Weekly candle. – Buys on close above 185.320 targeting 4h Resistance formed around 185.780, Leaving Runners to the Weekly Rejection formed on 28th August 2023 around 186.060. – Sells on close below 184.640 targeting previous Daily Resistance formed on 1st November 2023 around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.750. – High Impact News ahead of the Pound Sterling before London Open, GDP m/m and Prelim GDP q/q, High Volatility expected during the London session open.
by SalimFX20