Here’s my latest analysis of the GBP/JPY on the 1H timeframe. Key support and resistance zones have been identified, along with significant Fibonacci levels to monitor market movements. 📈📉 🔍 Strategy: Watching for a potential reaction around the support level (192.00) with a possible double bottom setup. Blue zones are critical areas to watch for reversals or...
Gold is currently approaching a strong resistance zone, as highlighted in the chart. The price is testing this zone after a bullish impulse, but signs of weakening momentum are emerging. The MACD indicator shows a potential divergence, suggesting the bullish strength may not sustain. Based on the structure, I'm anticipating a possible rejection from this...
On this chart, we observe an interesting price dynamic on GBP/JPY, marked by key levels and liquidity zones. Here’s a breakdown of my analysis: Key Zones and Structure Supply and Demand Zones: The blue zones represent historical supply and demand areas where buyers and sellers have shown strong interest. These levels will be crucial to watch for potential...
GBPJPY Analyse work perfectly like anticiped ! So now after a huge move of 500 pips, we may look for Sell soon.... keep in eye on it, it may move really fast down
Here’s my detailed analysis for GBP/JPY to kick off the trading week: 📊 Key Levels to Watch: Resistance: 191.50 - 192.00 Support: 190.50 - 190.00 🎯 Scenarios I'm Considering: Bullish Case: A break above 191.50 could push the pair towards 192.00, aligning with the bullish momentum from previous sessions. Bearish Case: A retracement towards the 50% - 61.8%...
The GBP/JPY pair is currently trading near the 190.20 level, showing signs of a potential reversal zone. The market appears to be in a corrective structure, and we could expect the following scenarios: Short-Term Bounce: I anticipate a short-term consolidation around the 190.00 region (green support zones) before a bullish correction towards 191.50 - 191.75,...
In this analysis, I highlight key support and resistance zones, along with possible market reactions. The blue zones represent significant areas of interest, where price could either bounce or break, leading to further movement. My outlook includes both bullish and bearish possibilities depending on price action and market sentiment. I’m keeping a close eye on...
My last bullish analyse hold and go well. with today low volume I to expect a pull back and on Asian session should be back on bullish
Currently observing a potential bullish reversal on GBP/JPY. After a recent downtrend, the pair seems to be approaching key Fibonacci levels that could act as support zones for a bullish rebound. The recent price action shows a descending wedge formation, often indicative of an impending breakout. Key support levels are noted around the 38.2% and 50% Fibonacci...
The GBP/JPY pair currently shows a retracement from recent highs, and we can observe key levels of support and resistance based on Fibonacci retracement levels and trend lines. Trendline Support: A rising trendline from previous lows suggests continued bullish momentum as long as the price respects this trendline. The recent test of this trendline indicates a...
The 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,...
The current price action shows GBP/JPY forming a descending trend, and it recently tested the 100% Fibonacci level near 198.056, suggesting a potential bounce area. However, the price remains under bearish pressure and could continue down to retest this level around 198.008-198.050. If GBP/JPY holds this support, we may see a rebound toward the 198.502 or even...
I do expect a pull back for my next setup. Waiting game is on !
The pair has found support around the 38.2% Fibonacci retracement level near 197.264, creating a potential opportunity for a reversal to the upside. Momentum is building for a push towards the 197.506 - 197.656 area, which corresponds to the 23.6% Fib and a key resistance zone. Watch for a breakout above 197.656 for a continuation of the bullish trend towards...
We are observing a potential quick buy setup on GBP/JPY. Price has just bounced off the 61.8% Fibonacci retracement level near 195.321, which aligns with strong support. There is potential for a bullish move towards the 195.750 - 195.800 area, corresponding with the 38.2% and 50% Fibonacci retracement of the last bearish move. Keep an eye on a possible reversal...
We are looking at a potential short-term buying opportunity on GBP/JPY. The price has found support near the 195.000 level, and a pullback towards the 38.20% - 50% Fibonacci retracement levels could offer a great entry point. Key details: 🟢 Support zone: Between 194.750 and 195.000. 📈 Resistance: Around the 195.400 - 195.600 levels, with potential to reach the...
We are currently observing a potential reversal near the 194.250 support zone. The price touched the 61.80% Fibonacci retracement level, and based on this, we could expect a short-term pullback before a continuation upward.
Looking at the 1-hour chart, GBP/JPY has completed a bullish cycle, reaching the key resistance at **196.054**, as indicated by the blue zone. The pair appears to be facing resistance, and I’m now expecting a pullback. 1. **Fibonacci Levels**: The pullback could target critical Fibonacci levels for a potential bounce. The **23.6% (195.537)** retracement level has...