Short GBPJPY : scalp ideaI am shorting GBPJPY as we're hitting a resistance detected on the 30 min chart. Price action and bollinger bands are also showing that price might reverse. Last indication is the cross on the RSI/MA indicator. Shortby mahmoudmahdi24Updated 1
GBPJPY BULISH IDEAWe saw this from my last GJ idea let's keep on touch for more analysis FOLLOW ME PLEASE 🫡🔥🙏 I WILL BE DROPING SETUPS ONCE I GOT THEM THANK YOU. Longby samdandy1
GBPJPYGBPJPY . Potential long opportunity. With our last analysis on GBPJPY working out, we are still bullish on the pair with current elections going on. We are still extremely bullish on GBPJPY especially due to the reason BoJ (Bank of Japan) still can’t risk to raise their interest rates aggressively due to the downside risk on their stock market. We have been waiting on the break of our previous TP (Take Profit) for us to continue to the upside. Our entry is at 199.182 , with SL (Stop Loss) sitting at 197.786 . Keep in mind we still have the gap on GBPJPY that has happened. Our TP (Take Profit) is sitting at 203.816 but we will trace it with our KL’s (Key Levels) marked with yellow lines. We will send out updates on this analysis. PARAMETERS - Entry: 199.182 - SL: 197.786 - TP: 203.816 KEY NOTES - Last H4 on GBPJPY has closed bullish. - We have broken past the last high. - Breaks above our KL’s would result in higher prices. Happy trading! FxPocketLongby FxPocket1117
GBPJPY THROUGH THE ROOF !!GBP/JPY presents a compelling buy, driven by contrasting central bank policies. The Bank of England’s higher rates lend strength to the pound, while the Bank of Japan’s commitment to low rates continues to weaken the yen. This divergence creates a favorable buying environment, especially as Japan shows no signs of tightening its monetary stance. With additional support from strong technical levels and the UK’s resilient economic indicators, GBP/JPY is well-positioned for potential gains, making now a strategic moment for buyers to capitalize on this opportunity.Longby edl751
GBPJPY Will Move Higher! Buy! Take a look at our analysis for GBPJPY. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 199.119. The above observations make me that the market will inevitably achieve 199.813 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider112
Buy GBPJPY @ [197.0] - [196.7] & Buy GBPJPY @ 198.3 - 198.1💎Buy GBPJPY @ - 💎 💎Buy GBPJPY @ 198.3 - 198.1💎 Monday 10/28/2024 06 AM EST 197.7 StopLoss —> 198.35 BreakEven+ TakeProfit 1: 198.5 TakeProfit 2: 198.7 TakeProfit 3: 198.9 TakeProfit 4: 199.1 TakeProfit 5: 199.3 TakeProfit 10: 203.3 TakeProfit 20: [201.0 205.3 TakeProfit 30: 207.3 The Wizard 🧙♂️Longby SmartWizardFX3
GBPJPY BROKEN THE RESISTANCE GBPJPY has broken the resistance that was respected more than 1 time For now I will be looking for the long positions. I try not to predict the market but only reacting on it due to the Analysis Longby samdandy1
ONLY BUY GBPJPY!!! 208 incoming!!!!GBPJPY using top down analysis have on uptrend on the daily time frame we spotted out a double bottom pattern that have already broken out the neckline and already made a retest now heading to 208.000 area am only going to be looking out for buys till that zone is completed ALWAYS LOOK FOR BUYS ON GJ Lets know your view on this..............Longby CAPTAINFX29
GBPJPY Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - CSAK + Entry in MALO Note: * Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future courseLongby GreggiBond0
GBPJPY WONDERMAP FOR TODAYGBPJPY WONDERMAP FOR TODAY Daily candle close shows a breakout structure! Expecting the price to respect H4 breakout, H1 support, Daily RBS, and M15 support. Lower timeframe continuation BUY incoming! Stay locked in and ready to execute – let’s keep the momentum going strong! Longby ForexGoldkinggg113
USDJPY Divergance on 4H showing it can give us a setup for shortBuy Stop on on the break of Last Higher Low and Higher High will be the StoplossShortby forexpips3354
GBPJPY long ideaIm in longs here for GJ, its already taken the LQ from below on the daily and 4hr ,also the last 4hr closed above the previous so i expect that GJ will continue upwards to the next daily high target, i see this most probably happening in asia. let me know what you all think Longby TheRogueChef440
GBPJPY Analyse for shortermI do expect a pull back for my next setup. Waiting game is on ! Longby AEL_Education336
GBP/JPY Poised for Bullish Breakout Amid Yen WeaknessGBP/JPY Poised for Bullish Breakout Amid Yen Weakness The GBP/JPY pair appears to be accumulating volume within a large triangle pattern, indicating a potential breakout in either direction. My focus is on a bullish move. The Japanese Yen is showing signs of weakness due to diminishing hopes for further rate hikes from the Bank of Japan (BoJ). A price move above the triangle pattern is likely to push GBP/JPY to new highs. The first target is approximately 150 pips, the second target around 250 pips, and the third target nearly 370 pips. You may find more details in the chart! Thank you and Good Luck!Longby KlejdiCuniUpdated 5539
Possibility of correction According to the behavior of the price in the current resistance range, possible scenarios have been identified. As long as the price does not stabilize above the 78.6% level, there is a possibility of changing the trend and starting a downward trendShortby STPFOREX2
GBPJPY Bullish Trade SetupLooking to go long on GbpJpy. Targeting the area around 199.18 for 1:1 risk to reward with stops around 195.07. Alternatively if we break past 199.18 and close above it with confirmation. We may likely see further gainsLongby Trader_97Updated 2
GBP/JPY For Bullishyou can go long now or wait for entry point as pull-back and then go long - General Trend is Up Trend - JPY under pressure have fun :)Longby maxbayne3
GBPJPY - Already Over-Bought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPJPY has been bullish trading within the rising channel in blue. Currently, GBPJPY is approaching the upper bound of the channel. Moreover, the green zone is a strong supply and structure. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green supply and upper blue trendline. 📚 As per my trading style: As #GBPJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst151540
GBPJPY GBP/JPY Analysis Summary Technical Analysis - Trend: GBP/JPY is in an uptrend, with the 10, 50, and 200 EMAs indicating bullish momentum. Price has recently been trading above these EMAs, suggesting continued upward pressure. - Resistance and Support: Resistance is near 198.80 and 199.35, while support can be found around the 198.00 level, which aligns with the buy zone. - Indicators: The Squeeze Momentum Indicator (SQZMOM) shows bullish momentum with green bars, but it’s not at extreme levels, indicating a steady rather than sharp increase in buying power. Fundamental Analysis - Bank of England (BoE): The BoE has been raising interest rates in response to inflation, supporting a stronger pound. UK inflation has recently slowed but remains a consideration for future policy adjustments. - Bank of Japan (BoJ): The BoJ continues its dovish stance, with no immediate plans to raise interest rates, as confirmed by BoJ board member Adachi. This policy divergence between the BoE and BoJ favors GBP/JPY long positions. - Market Sentiment: Traders expect GBP/JPY to maintain an upward trajectory, with some forecasts suggesting it could reach 203 by the end of 2024 if fundamentals remain favorable. Trade Plan - Buy Zone: Enter at 198.00 - 198.50. - Stop Loss: Set at 197.00 - Take Profit: - First TP: 199.80 (near resistance). - Second TP: 202.00 (for a more extended bullish target). This setup leverages the strong technical trend and fundamental support from the BoE-BoJ policy gap. Keep an eye on unexpected policy changes, particularly from Japan.Longby azizy731
GBPJPYGBPJPY . Potential long opportunity. This is an update on the previous analysis we have posted. We have been waiting on the break of our KL (Key Level) 195.971 . Today we broke that level and made a pullback to our PBA 1 (Pullback Area) . We believe that GBPJPY will continue to the upside with next levels to target at 199.180 where our TP (Take Profit) is sitting at. We were trading between our PBA’s since start of the month. Our SL (Stop Loss) is above our PBA 2 at 194.339 . Breaks below PBA 2 would result in break to the downside and we would see the price reach even lower prices. PARAMETERS - Entry: 195.774 - SL: 194.339 - TP: 199.180 KEY NOTES - GBPJPY has broken below our KL (Key Level) 195.971. - We have retested PBA 1 (195.600) - Break below our SL could result in deeper pullbacks and breaks of PBA 2. Happy trading! FxPocketLongby FxPocketUpdated 2237
GBPJPY → Buyers increase positions to break 195.5 ↑FX:GBPJPY continues to climb purposefully towards 195.5, forming a consolidation in the form of an ascending triangle. The goal of this maneuver is to break the resistance with further continuation of the upward movement... The bulls are trying to keep the defense above the key support at 193.5. The change of the fundamental background for JPY strengthens the sales of the national currency, which favorably affects, in our case, GBP. As a consequence, the market starts testing 195.5 with the aim of a breakout. GDP in UK remained at the same level of 0.2%. There is important news ahead - PPI. Based on the previous economic data, we can assume that PPI will also support the dollar, which will negatively affect the JPY. On the background of this influence, the bulls will be able to overcome the key resistance. Support levels: 193.5, 191.7, 190.0 Resistance levels: 195.5 The acutal situation on the chart is directed towards the continuation of the movement. The market structure is changing, the fundamental background is on the side of the buyer. We are waiting for the breakthrough of the key resistance (trigger) and the continuation of growth... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:GBPJPY ;) Regards R. Linda!Longby RLindaUpdated 8845