GBPJPY Bullish Breakout!GBP-JPY is trading in an
Uptrend and the pair broke
Out of the Ascending Triangle
Pattern which reinforces our
Bullish bias and makes me
Expect a further move up
After the local correction !
GBPJPY trade ideas
GBPJPY Sell (Short)We have a long term continuation to the uptrend of last month . Great trade we will see how it plays out this month. H4 candle closes above we are more than free to take our shot.
GBPJPY - UniverseMetta - Analysis#GBPJPY - UniverseMetta - Analysis
After a strong downward impulse and correction, the downward movement did not continue, which may indicate the end of the correction movement, if you look at the timeframe on W1 and the resumption of growth.
On D1, the price formed a 3-wave structure through a triangular correction, which can give an upward movement to the levels to update ATH. You can also take into account the size of the position taking into account the short SL 1 to 10.
Target: 194.318 - 211.073
SELL TO BUY MODELThe market respected our minor demand area, however, the market broke the previous minor higher low presenting a change of market character and a supply zone above. We look to go short on this pair until the highlighted demand area at the bottom.
GBPJPY BUY NOW!!!!!!!!GBPJPY have been moving on a trend line maintaining the strong sell side liquidity without breaking the structure we have a bounce from this fvg zone and price made a rejections from there am going in on a buying opportunity entry holding till new highs is created..
TELL US YOUR VIEWS ON THIS............
GBP/JPY May Resume the Bullish TrendGBP/JPY May Resume the Bullish Trend
The GBP/JPY pair is breaking out of a bullish triangle pattern, indicating growing bullish momentum.
This momentum is largely driven by the dovish tones from the Bank of Japan (BOJ) last week.
The market is also speculating about a potential rate cut by the Federal Open Market Committee (FOMC) this month. The FOMC is expected to cut rates by 25 to 50 basis points, which could push USD/JPY higher. It all depends on the rate cut.
If this occurs, JPY pairs may rise further
However, this is a risky assumption as it is based on market speculation.
Targets:
🎯 194.00
🎯 196.00
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Uptrend It is expected that the price will stabilize above the resistance range and then continue the upward trend.
If the price crosses the green support zone, the downward trend is likely to continue
Wht do you think guys, bullish or bearish ?I have my opinion and the idea of what i will do, but I´m not a professional trader just studying and testing one strategy that´s working. God bless
GBP-JPY Bullish Triangle Pattern! Buy!
Hello,Traders!
GBP-JPY is trading in an
Uptrend and the pair has
Formed a bullish triangle
Pattern so IF we see a
Confirmed bullish breakout
Then a further bullish
Continuation is to be expected
Buy!
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Check out other forecasts below too!
Ascending TriangleThis pattern has seen a long consolidation, and now there has been a false breakout which provides the best entry to go long, place your orders and lets make money
GBPJPY Bullish IdeaI am looking for confirmation once it reaches the level of interest.
I'll update if I take or not.
Waiting to see a breakout
GBPJPY3 wins a week
what i'm aiming for ( fixed sl )
better risk management ( use tp or better scaling )
10 moves on GBPJPY 20-50 pips per move.
75% win rate, less trades
follow your plan
Plan followed.
GBPJPY BullishGBP/JPY is displaying strong bullish momentum, having broken through its resistance (neckline), which signals a buying opportunity. Fundamentally, the GBP is stronger than the JPY, and historical data for September supports a bullish trend for this pair.
IDEA GBPJPY LONG POSITION Pair : GBPJPY
Position : LONG ( BUY )
Entry Price : 192.150
STOP LOSS @ 191.700
TP 1 @ 192.650
TP 2 @ 193.050
TP 3 @ 195.500 ( Trailing SL )
My "What to watch"The last 12 days, this daily chart has been touching the institutional level at 192.000 around 6 times. Could be something to watch
GBPJPY AnalysisGBPJPY has a minor demand zone which may be more effective than expected since the pair is in a bullish order-flow, but regardless of the the minor demand zone we are presented with an area of demand that might be our main point of entry as we have liquidity above the demand area which makes the demand area more strong. What is more important is that we wait for our confirmations at each of the given areas in order to avoid losses.
wait for the BREAKSo price has been trading within this range for a while now
price has been respecting daily strong structure bouncing back and forth
all we have to do is wait for a break and retest to either the upside for a potential move higher into daily structure
now if price respects resistance where price is currently sitting at she can possibly head downwards back into support
GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPJPYGBPJPY analyze on H4 timeframe and also on H1.
We are close to breaking outside the triangle on H4 but need confirmation.
GBPJPY Idea for the week...Price is sitting on a critical resistant level which might break give us a retest and head for longs OR reject the area as it has been for a number of times and head for shorts.
GBPJPY BULLISH-I'll be focusing on a 4hr TF
-Looking for a retracement to that +OB(the lower one.
-I'll be looking at Asian session and London session for my entry
