GBP/JPY TO 136.600GBP/JPY shorts into 136.600, on the daily I see a shooting star with the wick driving into 140.300 before closing lower. If we close like this on the daily I'll keep this short bias.
Sellgbpjpy
GBP/JPY TO 136.600ABCDE move into 136.600. A nice downtrend. Price is are trading below the daily level, so I see a push into the blue daily and a rejection to short the pair.
short gbpjpyshort gbpjpy if break the level that mentioned in chart. because flag is confirmed, two internal candle are break
tp level is cluster of fibonacci and abcd zigzag.
GBP/JPY TO 135.765I see a retest of this daily level which also correlates with a 78.6% fibonacci. Before short to the -27.00% which correlates with the liquidity zone.
GBP/JPYSome quick trades for scalpers , quick and easy 17 pips .
What a beautiful than those trades , quick , easy , with alot of profit ....
DM for signals or for managing accounts
GBP/JPY SHORT OPPORTUNITY (HOURLY):GJ bullish on weekly and monthly. Retest of lower bounds, before climbing higher.
Bearish GBPJPYPrice ultimately respected 135 QP point
Price formed a Head and Shoulders Patter
There was a break and retest of the trend line
and price is looking like it may retest the previous
neckline of the double bottom.
I'm also expecting good earnings announcements from various banking institutions which would help with the bearish push.
GBPJPY bearish flag continuation bearish flag look for breakout and retest on the lower time frame and execute
GBPJPY : Sharp downside will be expectedAfter failure of rising above 134.72, GJ continue to fall slowly.
Looking at Leading diagonal formed as five waves, we assume this pair will be bearish at least fifty percent of High low 134.72 / 124.11.
Selling pressure assume will end at 129.3 before looking for price action on buying opportunity.
GBPJPY - INTRADAY - 30. MAR. 2020Welcome to our daily trade setup ( GBPJPY )!
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1 HOUR
Bearish market open and pressure below our main support zone.
4 HOUR
Market formed new wave highs and started to drop.
OVERALL
Great short entry right now, looking for some more downside pressure.
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FOREX INTRADAY
SELL GBPJPY
ENTRY LEVEL @ 133.510
SL @ 134.590
TP @ 132.400
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPJPY SELLS CONTINUES AMID FAKE BREAKOUT & LOWER HIGHGBPJPY SELLS CONTINUES AMID FAKE BREAKOUT & LOWER HIGH!
SELLING GBPJPY @ 136
SL : 136.55
TP : 135.10
Sell GBPJPYIndication to Sell GBPJPY on the daily. Good time to sell now i believe.
GBP has been strong for the past few days and its time to recoil back. Plus we all know Japan has a new PM, longest serving ever, this may be good for the yen.
TP at 200 day MA = 145.690
Just sharing my trades. This is not financial advice. Good luck to all and dont be gready.
Love,
KayJ9009
Short GBP/JPYFundamentals:- Today’s CPI Y/Y reading for the U.K. dropped from 2.7% to 2.5%. That is the second consecutive drop since inflation hit 3% in February this year. After the increase in inflation after Brexit it was starting to look positive for a rise in interest rates towards the end of the year. However, after this latest reading we could end up having to sit tighter on a lower GBP.
The GBP/USD reacted by falling below 14200 briefly before making a slight recovery to 14230. It had recently been the highest since the Brexit Vote results.
Economists polled by Reuters suggested that the BoE would raise rates from 0.25 to 0.75 and many have held to that even after this data release; but optimism of a second rate hike towards the end of the year have faded. When trading the GBP we need to look at how much of this rate rise is already priced into the GBP/USD.
The BoE is expecting wage growth to grow quicker than inflation in the second half of the year, so worth keeping an eye on. For now I am expecting the GBP to weaken against stronger currencies. The JPY still has the safe haven qualities that could come into play with the up and down trade war possibilites and the Syria Geopolitical aspect.
Technicals:-The GBP/JPY shows a nice double top pattern with a break below the area of support. A pull back to this level and it becoming resistance could be the opportunity to sell. Get the full analysis and trading levels on the signals and analysis page of the main website at boafx Trading Signal Solutions.
GBPJPY Gartley PatternHi guys , i noticed this pattern on metatrader where the daily candle for 7 october had touched lower price.
Hope you find this analysis useful.
Thank you
GBPJPY FLAG BREAKOUT FOR SELL TO 139 LEVELSSell the flag breakout for potential targets towards 139.xx
