GBPJPY BULLISH idea lets see how this plays outlets see how this plays out bullish channel and coming to support.
GBPJPY trade ideas
WAITING on Trend continuation to 195.00!The YEN has weakened since the new election of Japan's PM and BOJ's rate hikes. BoE's GDP data is looking positive towards the bullish, all that is needed is some momentum found on the RSI. Plus volume as of 10 am is looking pretty still. Be on the lookout!
GBPJPY View!!In addition, there is the global economy to worry about and the signals from oil and other commodities are poor. Brent and WTI today settled at the lowest since 2021, iron ore has plunged lately and copper is back to $4/lb.
Finally, the yen carry trade isn't showing any signs of recovery after the battering in August. If anything, the growth-sensitive trades are flagging the risk of another leg lower.
GBPJPY will be Bullish this week GBPJPY i am wishing to sell litle bit and then buy till the resistance price 195.400.
GpbJpy Longterm - SellWe expect an increase in the JPY as the Bank of Japan starts its interest rate hike process and signals that it will continue.
All developed country central banks have entered into interest rate cut processes. The only exception is Japan. We expect this process to initiate a significant recovery in the JPY, which has lost 50% of its value over the past two years.
GBPJPYLarge engulfing 15 min candle,
trend overall bullish
current trend down
small lot size
small sl move into entry at 20 pips
protect capital
SL scale winners
aiming for 5 trades total
1/5
GBPJPY: Bearish Move From Resistance Confirmed 🇬🇧🇯🇵
GBPJPY nicely respected a key daily horizontal resistance.
The price formed a double top pattern on that and violated its neckline.
With a high probability, the pair will continue falling.
Goals: 194.0 / 193.5
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Possibility of correction It is expected that the upward trend will be completed in the specified time frame and the specified resistance levels. Then it will be possible to start a downward trend If the price crosses the 138% level, the upward trend will continue
GBPJPY H4 - Short Signal GBPJPY H4
For those that watched the market analysis and live charting video, you would have seen us discuss GBPJPY and the 195 psychological price/sell zone. We have since seen this zone tested and subsequently rejected. How much mileage this setup has... I don't know, but if we can break 194.500, we should see a send lower.
A break and candle close around or below 194.500 is important, breaking this H4 and H1 consolidation, EUR and LON session could certainly be enough to drive this setup where is needs to go.
GBPJPY LONGSWeekly: Bullish if closes avobe 192.000
Daily: Bullish
4h: (Last bearish candle broke
previous low. However it is coming
back as if creating a fake out.
Area of interest
Psych level 192.000
my idea on gbpjpy GJ has been showing agressive move to the upside throughout last week. lets see what this week holds .DYOR
GBPJPYWe are looking for selling opportunities as the market has given us a bearish wedge that will result in sells to the downside resulting in sells
GBPJPY Trendline Breakout , All eyes on sellingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY Resume uptrend?Hello traders, GBPJPY after long down trend, the market looks like resumed it's uptrend and may continue to push higher as the price is currently in a strong trend. With daily bullish engulfer, 4h bullish pattern we may GBPJPY is trending higher and we will wait for potential confirmation for this movement.
The image shows a candlestick chart of the GBP/JPYThe image shows a candlestick chart of the GBP/JPY currency pair from August to November 2024. The chart is plotted on a 4-hour timeframe and is sourced from the OANDA platform. The chart displays a positive trend with a rising black line indicating an upward trend. The exchange rate is currently at 195.190 JPY, with a high of 195.973 JPY. The orange rectangle on the chart represents a resistance level, which is the price point where the market is expected to face difficulty in rising above.
GJ thoughts for Sunday/MondayJust my thoughts. Not a signal call at all. I'm a "newbie" Let me know what you guys think.
GBP/JPY Bullish momentum : Trading the A.c & key value areasIn my view, GBP/JPY is showing strong bullish momentum within a well-defined ascending channel. This structure provides clear boundaries for potential pullbacks and rallies. The FVG suggests the possibility of a gap-fill before continuing upward. Additionally , key Value Areas - with VAH (193.041) as resistance and VAL (190.511) as support -highlight strategic entry and exit points. A breakout above the recent high at 196.07 would signal further bullish continuation.
Wishing everyone a successful trading week ahead.
GBPJPY - BUY OPPORTUNITYEyeing GJ for a potential LONG from BUY AREA to TP1, TP2 and STP.
TP1 = 50 PIPs
TP2 = 100 PIPS
STP = 200 PIPS
Trade Safe - only risk what you can afford to lose - Risk management is key!
GBPJPY💹
Outlook: Price is showing alot of strength on the 5hr time frame. It has made small correction into the 10ema on our 30m time frame.We could see a continuation for JPY pairs todays Tokyo session or if we do have a bigger correction for Tokyo expect London to continue.
Bias: Bullish
GBPJPY One pullback to give before strong rally.GBPJPY is trading inside a CHannel Up since May 2021.
Having a strong correction in July, the price has stabilized on a shorter term Channel Up.
A similar Channel Up was formed after the previous bottom in January - March 2023 and then the price rallied by +20%.
Expect a similar bullish wave. Buy and target 217.00.
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