GBPJPY AnalysisGBPJPY ANALYSIS... This setup pairs with the stop loss and it is highly recommended to use Stop loss. by Double-trade4
BULLISH GBPJPYLots of higher lows are being developed along with bullish engulfing candles on the 1 HR Time Frame. Possible Double Bottom Formation on the 4 HR The next Area of interest is the last high that's where our Take Profit will be. Thanks!! Like Comment and Follow for more updates!!Longby ParlayProfitsFXUpdated 11
GBPJPY Technical Analysis and Trade Idea - Trading A Breakout👉🔍 In this video, we take an in-depth look at the GBPJPY currency pair. You'll notice that it is clearly range-bound on the 15m through the Asian session. We explore the possibility of a breakout at the highof the range and focus on how to capitalize on this during the London Open when a potential break of the 5-minute timeframe Asian range occurs. Additionally, we cover essential topics such as trend analysis, market structure, price action, and other key aspects of technical analysis. Please remember, this video is for educational purposes only and does not constitute financial advice. 📊✅ Long02:44by tradingwithanthony5
GBPJPY: Needs a Rest!Hello traders, JPY journey to lost it's value was profitable for many traders. but when it's going to end? i suggest observing HTF and I'll do in near future. But for mid-term view I think we might see a reversal so if you are an intraday trader please take less risk in longing the pair. I'm waiting for middle or bottom of the channel to start longing again! by AliSignals7
BEARISH (PLZ READ) It looks real good as the Asia range is going to sweep liq from the zone then drop to either zone. Asia range normally always sweeps liq or POI then fills in the opposite Asia H/L but there’s POI under the Asia lows that need to be filled in Shortby clopez2320226
GBPJPY SHORT RE-ENTRY 204.140 SL & TP ON CHARTHere I am re-entering GJ short, very surprised how quickly the last entry was decimated, quite frankly a whole pound movement in that short space of time last night at these high prices makes me even more biased towards a harsh drop incoming - meaning Monday morning was a liquidity sweep. Recently the market has being moving in a dirty, stop loss hunter way, a LOT of manipulation is going on the past month and still is going on currently, much larger stop losses than usual are going to be required for these disgusting stop loss hunting conditions. I believe there is liquidity (myself included) from stop loss hunt last night and early this morning, this could be enough to finally initiate the harsh retracement. Checking in on the JXY currency index our new monthly candle today may find support to push off 62.00 level Another thing to note is have a look at USDJPY new monthly candle has not got legs to stand on, looks highly likely to me that this candle will turn red at some point to at least give it legs, if not for a full reversal. Please bear in mind if taking this trade we are fighting against a very strong trend, use low risk There is potential GJ keeps climbing to further stop loss hunt over 206/206.100 This would be disgusting, but is possible. Risk management 0.5-1% per trade, this trade is 1:3RShortby PGTrades11119
GBB/JPYAs you can see price has made a support/ resistance around the golden zone area. I believe price could push towards 204.950/205.240. Possible 100 pip set up.!Longby Lucas14142
GBPJPY SHORT 203.500 SL & TP ON CHARTTaking short position off 203.500 strong resistance level I am short biased towards GBPUSD so my chosen instrument to long the yen this week is GJ If the dollar can regain momentum a harsh GBPUSD drop will help this trade always dependant on the strength USDJPY has also comfortable price to take a short position, risking 1% on this trade 1:3R this is a price action based trade 203.500 level showing significance Shortby PGTradesUpdated 8
GBPJPY I Next potential long opportunity Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!Long05:08by BKTradingAcademy5522
GBP/JPY: A Steady Climb—Is Now the Time to Join?As GBP/JPY continues its steady ascent within a robust bullish channel, the currency pair presents an intriguing opportunity for traders. This chart analysis highlights the pair's long-standing adherence to the ascending trend line, showcasing a potential entry point as the bullish momentum persists. The consistent upward movement, supported by solid trading volumes, suggests a favorable climate for those considering participation in this trend. Traders should remain vigilant of any shifts in market sentiment that might affect this trajectory, but the current pattern could offer promising prospects for strategic entries.Longby GlobalMarketGuruUpdated 0
GBP/JPY H4 | Bullish uptrendGBP/JPY could fall towards an overlap support and potentially bounce off this level to climb higher. Buy entry is at 203.04 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 201.85 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level. Take profit is at 204.25 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long02:43by FXCM4
The yen fell to near its lowest level in 38 yearsThe Yen has fallen to extra than one hundred sixty Yen consistent with USD, elevating worries that Japanese government will interfere once more to include this scenario. Reuters suggested that on June 27, the Yen fell to extra than one hundred sixty Yen consistent with USD, close to its lowest degree in 38 years. The Yen has fallen approximately 2% at the month and 12% at the yr towards the USD. According to Xinhua, at one factor in the course of the day, the USD turned into buying and selling at one hundred sixty.05 yen, marking the bottom degree when you consider that April 29. Recently, the Japanese Government has signaled the opportunity of suitable intervention to reply to immoderate volatility. Previously, for the reason that cease of April, the Japanese Government spent 9,790 billion Yen (approximately extra than 60 billion USD) to push the Yen up 5% from its lowest degree in 34 years. Analysts say that even though the danger of intervention has increased, the Japanese Government can be looking ahead to the United States private intake expenditure (PCE) statistics file earlier than getting into the marketplace. “Exchange prices and the charge of decline are each essential elements for the Ministry of Finance to recollect intervening,” stated Boris Kovacevic, international macro strategist at international bills enterprise Convera in Austria. the Forex market marketplace. However, reducing volatility withinside the alternatives marketplace suggests that the current boom has now no longer met the Ministry of Finance`s criteria. Policymakers may also await the PCE file earlier than creating a very last choice earlier than the cease of the week." In a scenario in which the Yen is devalued, families in Japan are nonetheless suffering with each day residing costs. This scenario is basically because of the weaker Yen, making imported items extra expensive. The Japanese authorities is seeking to take extra measures to lessen inflation.Longby TheLeader_WOLF3
possibility of changing the trend The uptrend is expected to advance to the green resistance zone. Then, according to the behavior of the price in this range, there will be a possibility of changing the trendby STPFOREX4
GBPJPY - BUY Sentiment of Traders are Buying GBPJPY is 314 pips over extended past Sentiment of Trdaers target but it has been for weeks now as have all Jappy pairs Can I suggest continuation Market Sentiment Risk-On Sentiment: Global markets showed a risk-on sentiment this week, with equity markets rallying and investors seeking higher yields, benefiting the GBP over the JPY. Positive sentiment around the UK’s economic resilience and the BoE’s proactive stance on inflation has attracted investment into GBP. Political Stability UK Political Developments: The UK's political landscape remains relatively stable, with the government focusing on economic growth and inflation control. Recent government announcements on infrastructure spending and incentives for businesses have been positively received by markets. Longby NZ_Shareman1
GBPJPY LONG GJ is very bullish I expect this price to move higher this week. Use proper Risk Management when entering this trade. Longby fxdonno1
Long Buddy!!!3 of my 3 confluences have been met for this pair to go long for this week 204.300-204.600 is my target area Trade safely my friends Longby Dlphdavis220
CHART BREAKDOWN GBPJPY: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk sell zone) spanning from 197.950 to 197.730, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 197.950 and 197.730, suggesting another area with moderate risk for potential buying positions. Bullish Targets📈: 198.400: Possible retracement area. 199.000: Possible retracement area. 200.000: Possible retracement area. 200.300: Possible retracement area. 201.000: Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby T4X_Trading6
GBPJPY TRADE SETUPWait for retest the key level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon0
GBPJPY Simple Trading Plans (For Falls)GBPJPY like various other yens has rallied for a considerable period and caused a huge divergence in the mean or average value. This is why the extension from Key Moving Averages is so apparent. 1) From a technical 'value' perspective, short side bias prevails (see below). 2) Sentiment bias - no real shift in reasoning not to buying GBP over JPY due to mon policy. However, Intervention likely at some stage to halt the advance and its speed. IF you are going to trade this you have risk on either the short, or long side. Shorts favoured, but they need to be extremely risk averse (very small, spread out).Shortby WillSebastianUpdated 4
GBPJPY shortGBPJPY’s continued failure to exceed the trendline and the formation of a double-top pattern offer a strong rationale for considering a short trade Shortby tadejolu112
GBPJPY: 3 Months Overview A Big Dump Coming Up! Dear Traders, After looking at the bigger timeframe in this case we used 3 months timeframe, we have identified similar pattern that occurred in market in last few years. If we see, we can continue to see growth in price towards 219 to 222. These two areas remain crucial for swing sellers where we can see price dropping heavily. Please use this analysis, as a overview and future of the pair. Do not solely use this analysis as our other normal chart analysis. Team Setupsfx_by Setupsfx_1919119
GBPJPY Expecting that market inefficiency to be filled before a take up to the buyside liquidity.Longby alph3u50