GBPJPY : Potential Reversal is likely.GPBJPY after showing Bearish Divergence may show downward spiral after favouring the bulls for such a long time. Entryprice, Stoploss & Take profits are shown in chart as per my analysis . What do you guys think about this idea?Shortby ForexDoc911
BUY GBPJPY NOW!!!!This pair has been trending up for a long time now. There are lots of unfilled FVG in GJ but I want to see it come down to that structural liquidity below because it took out a low, broke structure, and started to trend upwards. Apply low risk on this one......Longby GOATEDPIPS0
Change the trend It is expected that a trend change will be formed in the current resistance range and we will witness the beginning of the downward trend. Otherwise, it will be possible to continue the upward trend until the next resistance range, and then there is a possibility of changing the trend by STPFOREX2
GBPJPY - An Important Lesson On Double Tops & BottomsA look at the GBPJPY and ways to get involved whether you're looking to be bullish or bearish. More importantly however, a lesson on classic price patterns & what you should value in your technical analysis in order to put you in the safest position in the markets. In this video we touch on structure, double tops/bottoms, trend continuation trading & the 2618 pattern. If you have any questions or comments please leave them below. I wish you guys a great week of trading ahead! Akil 06:12by Akil_Stokes228
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 :-)Shortby ShahedZare0
GBPJPY TRADE SETUPWait for retest the key level then take a trade for Buy otherwise skip this setupLongby JinnatAlamSumon6
GBPJPY BEARISH from the one hour time frame, Manipulation is done creating a higher high while EURJPY failed to do so, SMT is form. Fair value gap is form around the OTE zone. I would be interested to see how 15 min candle to close below 0.618 FIB zone to decide if i would like to sell or not. Shortby ICT_spartan5
GBPJPY FORECAST Q2 2024: Yen-Sama not looking kawaiiiBULLS: { ◕‿◕ } OTAKU: { ◕_◕ } what do you mean no more anime for the remainder of the year Been very quiet since my last discounting of Yen-sama’s future events Im expecting this pullback to have a bullish continuation in time for now i expect one of the 2 levels to be the entry but i expect some ranging as TVC:JXY seems to be gaining power but same is said for TVC:BXY BOJ raised rates raise in march for the 1st time so this is just the start, and UK definitely looking like a more solid investment to keep my money as it just exited the recession growing at a higher than expected rate. But if you ask me it might fall back into the recession in time when America finally admits their failure and falls back into an epic recession still waiting for it... BUT when that does happen yen will be in a 10x weaker position than the UK which will fall with slow strides till it eventually gets so hot, japan on the other hand will just fall into even deeper economic chaos.Longby Bekiumuzi_DubeUpdated 229
GBPJPY SHortSwept Equal highs and now ready to short for consolidation before BOJ meeting this week and also the 31st for rate and bond reduction plan. See USDJPY idea for fundamental explanation. Shortby SoapstoneCapital8
GBPJPY WILL EXPLODE BUYFULL MARGIN AND FULL TP TRADE Always use breakeven after 15 and 35 pips TP-------15Pip TP-------35Pip TP-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Longby ArehmanB2
A potential opportunity to buy at a significant OB.After the BMS the OB created is at a significant level due to the presence of a FVG and fib OTE levels. The zone is powerful and likely to push back once it reaches the point as the rally comes out after a liquidity sweep.Longby Rahull_1
updating postthis was the trade i missed out by 30 secs, then no more chance. also will use this to discuss on new ideas. Longby FormedzeusUpdated 112
Possibility of correction The corrective trend is expected to advance up to the specified support range, then possible scenarios are identified based on the price behavior within this range. Shortby STPFOREX6
GBPJPY: Pullback From Key LevelThe GBPJPY adhered closely to a significant weekly resistance level before forming a cup and handle pattern on the hourly chart and breaking below its neckline. This suggests a potential decrease in price, possibly down to 205.00 and then 204.8.Shortby linofx11110
GBPJPY Breakout From Symetrical TriangleHello Traders, Today I'm Gonna Show You My Analysist About What Happen With GBPJPY Today As you can see that GBPJPY has broken through the support area under the symetrical triangle with strong sales volume, and GBPJPY has also tested a strong resistance area in the 206,000 area and for the target price for now around 204,313 and maybe even lower. Shortby NAFX_Group6
GJ BUYGJ has printed a bullish fag pattern, GJ has been very bullish since mid June and has no signs in slowing down. Price for a swing trade can go possible to 214.00. Use proper RR when trading Longby fxdonno1
Bearish GbpJpyAscending Channel Bearish Flag Pattern This pair has endured massive long gains over the past 5months, is this the correct time to go short??? Currently rejecting 161.8% Fibonacci Golden LevelShortby rejoicem76Updated 6
GBPJPY-SELL strategy Daily chart The pair is very overbought, and think it needs minimum 5 big figs correction. The RSI is extremely high on the daily chart and we have been gravitating above the KC which also will not last. Strategy SELL @ 205.20-205.75 range or better, and place SL at 207.05 and profit order @ 200.27. Shortby peterbokma6
#GBPJPY: 1500+ Pips Upcoming Bullish Trend| GBPJPY| Setupsfx_| Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly after creating a record high created AB=CD PATTERN. Now we expect price to continue the bullish run upwards 205 area and beyond. The perfect entry will be on Monday London session. Use marked blue lines as entry and stop loss points. Good luck and trade safe. Longby Setupsfx_Updated 202075
GBP/JPY Rally Pushes RSI Back into Overbought ZoneGBP/JPY extends the series of higher highs and lows from earlier this week to register a fresh yearly high (206.17), with the recent advance in the exchange rate pushing the Relative Strength Index (RSI) into overbought territory. GBP/JPY Outlook The move above 70 in the RSI is likely to be accompanied by a further advance in GBP/JPY like the price action from earlier this year, and the oscillator may show the bullish momentum gathering pace as it climbs to its highest level this year. A break/close above 206.60 (100% Fibonacci extension) opens up 208.60 (78.5% Fibonacci extension), with the next area of interest coming in around 213.30 (100% Fibonacci extension) to 214.11 (August 2008 high). However, lack of momentum to extend the recent series of higher highs and lows may pull the RSI back from overbought territory, with a move below 204.90 (61.8% Fibonacci extension) bringing the 202.00 (23.6% Fibonacci extension) to 202.40 (50% Fibonacci extension) region on the radar. --- Written by David Song, Strategist at FOREX.com by FOREXcom7
#GBPJPY: 500+ PIPS Buying Opportunity! Do not miss out! Dear Traders, Hope you are doing great, so GBPJPY failed to drop swing as we expected during our last analysis, due to JPY bearish pressure. We expecting the bullish move to continue dominance around 205, where we can see bearish reversal to continue. Team Setupsfx_Longby Setupsfx_Updated 2219