GBPJPY trading long for this weekGBPJPY has been consolidating since Thursday August 15 Price has been consolidating in an upwards direction which shows signs of buying power Longby HVMBRV449
Daily correction up continuationDaily is in a holding pattern ascending triangle looking to break out to the upside for further correction up to target areas. Longby Taylor1
GBPJPY Confirmed long-term buy opportunity.The GBPJPY pair has recovered the late July sell-off and inserted again back within the 2-year Channel Up and even closed the last 2 weeks above the 1W MA50 (blue trend-line). The latter technically confirmed the bottom and the start of the new Bullish Leg. The first Bullish Leg of the Channel Up reached the 2.0 Fibonacci extension, the second aimed even higher, so our 218.00 Target towards the peak of the Sine Wave appears to technically be a modest long-term Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot6
GBPJPY short_ 2 setupsGBPJPY closed from the bottom of the channel and it seems that not having strong buyers for going up. Two setups with win rate 1 and 2 could be possible. Shortby ahmadbiotech113
GBPJPY Updated Hello traders, In this idea, I'm sharing my analysis and position on GBPJPY. Weekly Chart: I've drawn a Fibonacci channel, and the price has recently bounced off the 38.2% level. I anticipate that the price will retest the middle line of the uptrend channel, around the 193 to 195 range. Daily Chart: I've identified a bearish cup & handle pattern and set the corresponding targets. However, I'm waiting for confirmation with a break below the support at 183.6 before taking further action. Feel free to share your thoughts and insights!by Eymen-GUVEN1
GBP/JPY Short-Term Bullish OpportunityThe GBP/JPY pair is showing signs of a potential short-term bullish move from the 189.800 level, as observed on the 1-hour chart. The formation of an ascending triangle pattern indicates a possible breakout, with strong resistance identified at the 192.000 level. The target for this bullish trade is set at 190.970, aligning with the 0.168 Fibonacci retracement level. A stop-loss is recommended at 189.514, which is positioned just below the current lower low, offering a prudent exit point should the trade move against expectations. Disclaimer: This analysis is for educational purposes only and is not intended as financial advice. Please ensure you do your own research before trading in any real account.Longby ClearTradingMindUpdated 225
GBPJPY SMC 15min i support the idea that gbpjpy will go long due to the bounce off the bullish breaker and the fact that we have equal highs above the market place . as far as an entry im going to wait for a retracement to an orderblock of my liking or an fair value gap for now i just watch but my bias has been stated Longby raidenfx0
GBP/JPY Trade Setup: Short Position AnalysisThis chart depicts the GBP/JPY currency pair on a 4-hour timeframe. It shows a downtrend with price action recently retracing upwards. The chart highlights a potential sell zone near 192.565, marked by a green resistance area, and a buy zone around 184.052, marked by a maroon support area. The current price is 190.314, with a trade setup indicating a short position targeting lower prices.Shortby l7x3
GBPJPYAnalyse on GBPJPY We have been on an uptrend since August. The price has been in consolidation since 15/8/24, we must break the consolidation to start moving correctly again.Long01:00by IvsWolf1
Bullish on GBPJPYLooking for price to trade to the discount price. Wait for candle stick entry to take to the buy side liquidity.Longby LoThePharaoh223
GBPJPYwe can see a clear impulse wave and then long term ABC correction we can make a short position around these levels .R/R is perfect . this is monthly chart and trade in this time frim is not suitable for day traders or scalpers. Shortby amirelwaves2
GJ upside continuationGJ Plan - This pair have potential to go to 192.02 to make a triple bottom or even to make a new high on 192.20 liquidity area. Perform your own analysis and risk management first, then consult my plans to identify the best trading zones, the best levels to buy or to sell. Learning from others is important, but copying them won't make you a professional. Developing your own strategy and critical analysis skills is crucial for long-term success. Always trust your judgment and focus on continuous learning to improve your skills. Your trading is your responsibility. Choose a good risk management. Longby miketiger2
GBP/JPY Possible Correction Up#trading_idea #GBPJPY 💡 #GBPJPY - Possible Correction Upwards On the hourly chart, we can see the price testing the key level of 189.333. There is a candlestick formation indicating a possible correction upward. The MACD suggests potential growth, even though the pair is trading below the MA(100). Possible scenarios: 🔼If the prise break through 189.933 resistance we may see the rise towards 190.957. 🔽Otherwise, a slide towards 189.518 and lower support zone is possible. 😎 🔖 Click "👍" if you think the price will rise and "👎" if you think it will slide back. ➡️GET $20,000 JUST FOR $99 Longby sabiotrade0
GBPJPY POTENTIAL REVERSAL?Hello it seems GBPJPY is going to reverse lower if price breaks the the first grey zone thats our invalidation point if price respects it it will go downwards to targetsShortby xAB7771
Break or Bounce On The Dollar As Interest Rate Cut Looms?With the Fed poised to cut rates at September's meeting, the dollar hovers at the key 100 key monthly level which, on a normal occasion, would serve as a clear support but after such a long awaited rate cut, which would devalue the dollar even further, one cannot be so sure. Technically, there are no real indicators of price shifting structure to the upside as yet but with price in a Daily bullish order block, monitoring its development over the course of this week will be key. EurUsd & UsdZar are not in ideal trading conditions and so will not be on my radar this week unless price action develops further. GbpJpy however continues to trade higher from a Weekly order block and is currently encountering resistance from a 4H order block which may result in a slight correction before we continue higher into Daily equilibrium. Long13:40by The_Modern_Day_Trader0
GBPJPY BUY NOW!!!!!GBPJPY just took out the sell side liquidity and made a retest and now heading to create a new low am in on a sell till we run all liquidity to the sell side........... TELL US YOUR TAKE ON THIS.......Shortby CAPTAINFX22211
GBPJPY SHORTGBPUSD has touched a resistance level 4 times and it has not formed any FIB structure but it will make U turns on the previously known targets OR Turns, till 186.730Shortby Ngwenyst2
Check the trend It is expected that the price fluctuates between two resistance and support ranges, and then according to the behavior of the price, it is expected to continue the upward trend. by STPFOREX3
GBPJPY trade idea (sell- CCI AND EMA set up) GBPJPY showed a minor weakness after forming a double top around 192. It hit a low of 189.61 and is currently trading around 189.99. The Japanese yen gained momentum on Friday due to policy divergence between the Fed and BOJ. Technicals- The pair trades below 34- and 55 EMA in the hourly chart. The near-term resistance is around 192, a breach above targets 193.55/195. The immediate support is at 189.60, any violation below will drag the pair to 188.40/188. Indicator (hourly chart) CCI (14)- Bearish CCI (50)- Bearish Average directional movement Index - bearish. All indicators confirm the bearish trend. So good to go short for 100 pips profit. It is good to sell on rallies around 190.1-20 with SL around 190.76 for a TP of 188.40/188. Shortby FxWirePro1
GBPJPY ANALYSISThe market in general is bullish based on Monthly and Weekly. We are currently seeing a retracement which could drive price back to 168 - 165 price range. from this range I'll be anticipating a buy to go long Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Shortby WiLLProsperForex4
GBPJPY TRADE SETUP✅Pair Name: GBPJPY ✔ Classic RANGING formation GBPJPY is holding CONSOLIDATION ZONE . GBPJPY is now in the range, so we have to wait for the market to retrace in the direction of the break.so after market retracement I can take buy ORr Sell entry. If your analysis matches it take a trade otherwise skip the trade. "💖 Show your love by liking & leaving a comment! Your support means the world to us! 💖"Shortby Forex_bank_Liquidity2
GBPJPY Potential UpsideHey Traders, in tomorrow's trading session we are monitoring GBPJPY for a buying opportunity around 189.700 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 189.700 support and resistance area. Trade safe, Joe.Longby JoeChampion2217
Sell GBPJPYI love this trade, I think you'll love it too it is such a nice trade This trade is based on the continuation. I like this trades so much that I will even add 2 positions and I will enter as soon as the market opens. Shortby Linkhive0011111