GBPJPY it is bullishhello guys! I believe this pair is bullish. However, it has touched the top line of the channel, and we can assume a correction! but the target of the long position is the blue area! it is up to you to get a long position in the purple area or sooner!Longby melikatrader946633
GBPJPY | 04.11.2024SELL 197.650 | STOP 198.650 | TAKE 196.500 | The instrument continues to move down. On the daily chart, the upward trend is still in force. It is recommended to open short positions at the current price with a target at 196.800 - 196.500 level.Shortby ProPhiTradeUpdated 9
GBPJPY - LongGBPJPY Long trade. Trade is active. Targeting the highs of this morning and maybe a bit further into the sell zone that was created last week.Longby HB-Forex_Updated 2
Correction It is expected that the price will move according to the specified path and after some fluctuation and correction, a trend change will be formed and we will see the beginning of the downward trend.Shortby STPFOREX5
Short GBP/JPYThere is a shooting star generated in GBP/JPY 4 hours time frame, price is clossing to the up trend support line. It has touched the previous top as pressure line and retracted back under the pressure line. The Slow Stoch break down the up trend line to south. Try to short and looking for profit posistion on 189.71 Set the stop above the shooting star top. Shortby ChinaHelloWorldUpdated 5
GBPJPY BUY NOW!!!!!!!GBPJPY made a strong rejections from the sell side liquidity still indicating a strong buy due to the daily chart that is still overall bullish am taking a buys from this equal lows holding till target is completed JOIN AND ENJOY Tell us your take on this............?Longby CAPTAINFX25
GBPJPY 4hr LongGBPJPY ✅4hr Long✅ 💰ENTRY: 197.187 💰STOP LOSS: 196.395 ✅TP TARGETS✅ ⏰TP1: 197.980 ⏰TP2: 198.750 ⏰TP3: 199.544 ✅ 1. Price has been breaking bullish and trending above the 10/20/50/200 EMAs. ✅ 2. Price has made a nice pullback into the 10/20 EMAs making a valid correction. ✅ 3. Price has made a 123 Advanced Engulfing candle above the 50ema. This is a great example of the 123 engulfing strategy.Longby angelvalentinxUpdated 3
gbpjpythe price is now reacting at the demand area and now acumulation phase, see the refinement at 5 mins. area of demand reacting creating small momentum to push above liquidityLongby junjuntadle2116
GBP/JPY Market Analysis for Sunday Night OpenThe GBP/JPY chart shows a recent downtrend followed by a recovery as the price approaches a key resistance zone around 197.90 - 198.00. We can observe some consolidation and a potential reversal pattern, with the price creating higher lows, suggesting possible bullish momentum. Resistance Zone (197.90 - 198.00): This area has acted as strong resistance recently, and a clear break above could signal continued bullish momentum. If the price breaks and holds above this level, we could see a rally toward higher resistance around 198.20 - 198.50. Support Levels: Immediate support is around 197.50, and if the price fails to break above resistance, we may see a pullback toward this level. A breakdown below this support could lead the price to test the lower zones at 197.20 and 197.00. Potential Price Action Scenarios: Bullish Scenario: A breakout above 198.00 would confirm a bullish continuation, aiming for 198.20 - 198.50. Bearish Scenario: If sellers take control and the price falls below 197.50, we may see a retest of support levels near 197.20 - 197.00. Indicators: The MACD is currently positive, showing signs of bullish momentum, but it's essential to watch for any divergence or a possible crossover, which might signal a weakening in buying pressure. Summary: For the open, I’ll be watching how the price reacts around the 197.90 - 198.00 resistance zone. A strong breakout would favor long positions, while rejection around this area or a break below 197.50 could open opportunities for shorts targeting the lower support levels. Longby AEL_Education2
GBPJPY top-down analysis it is a bullish move but!!!!Major Perspective is on an upward movement So from the 1M first is on an upward movement and is that the major reversal to a point 179.335 then head back up. So, I also from the weekly time frame that I saw that is might probably have a liquidation sweep and head back down to 170.000 area But probably still go up then come down but I just really feel to be a liquidation sweep from the 4 hours we saw that it has gone to a level around an order block and probably come down and from the 1 hour it's making a downward movement kind of!!!!, it is looking juicy for a day trading.Long04:18by JoshZedFX2
GBPJPY TRADE SETUPWait for retest the entry level then take a trade for Sell otherwise skip this setupShortby JinnatAlamSumon8
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 this 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 :-)Shortby ShahedZare2
GBPJPY UPDATEHi all 2 possible trade plan... **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal** Thanks a lot for your supportShortby mytw0cents0
GBPJPY View!!Not much in USD/CHF before Wednesday and 0.8765 on $500 million and between 0.9035-45 on $807 million. The biggest EUR/CHF strike expiry is on Monday at 0.9705 on 626 million euros. GBP/USD strike expiries worth noting are on Monday at 1.2940 on £553 million and between 1.2975-90 on £1 billion. There's little thereafter until Friday at 1.2970 on £713 million.Longby FXBANkthe80550
GBPJPY is in the Down TrendHello 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 ChartsLongby ForexMasters20003348
GBPJPY BUYJust go through the charts again, and see the clear set up, easy and simply understandable by EasyFlowwwwwww3
ROADMAT TO WHEREWAITING for some good japanese interventions on the month ahead . 180 looks solid. so does 191. shorting this on evidence of sell offby ASFAND_GOLD0
GBPJPY Is Going Down! Short! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 197.624. Considering the today's price action, probabilities will be high to see a movement to 191.203. 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!Shortby SignalProvider115
GBPJPY price is expected to drop next week after completion of the ending diagonal which serve as micro wave 5. Price dropped for minor wave 1/A and rally retracement was done which serve minor wave 2/B and more drop is expected in coming weeks which is minor wave 3/C and have a target of 191 price level.Shortby PAFG4422
SHORT NOW - GBPJPY - INTRADAY IDEASHORT NOW - This GBPJPY chart is according to M15. Execute the price at the exact price mentioned, NO FOMO. 🚀Follow, I will drop daily 2-5 Intraday Charts🚀Shortby abdulmoizboy223
GBP-JPY Local Short! Sell! Hello,Traders! GBP-JPY went up to retest The broke rising support Which is now a resistance And we will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too! Shortby TopTradingSignals226
GBPJPY UP FOR NOWNot sure about this one, it broke the uptrend as well but it might not be so sure for GBP to fall like the others ; For now RSI is low and it seems like a stairs pattern, going up at least to the next HH KL.Longby edl75116
GBPJPY SELL PROJECTION GBPJPY has fulfil is project of going Long, it broke out and retested and went long to a supply zone, I advise we short now Shortby Silveryekerete117