GBPJPY
GBPJPY DAILY ANALYSIS Hello traders, here is a setup of GBPJPY and you can see that the price has been on a bullish trend for the past weeks and months so now it has reached the level of resistance (red zone) I will wait for the price to break it then pullback then I can look for bullish opportunities.
GBPJPY Technical Analysis and Trade IdeaOn the daily timeframe, GBPJPY has demonstrated a strong bullish trend. Our main goal is to identify a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as discussed in the video analysis, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, insights into price action, market structure, and a potential trade setup. Always exercise prudent risk management when trading, and remember that this information is purely educational and not financial advice.
GBPJPY My Opinion! SELL!
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 194.29 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 193.13
Recommended Stop Loss - 195.01
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GBP/JPY H4 | Potential bullish bounceGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 196.93 which is a pullback support.
Stop loss is at 194.90 which is a level that lies underneath a pullback support.
Take profit is at 199.52 which is a level that aligns with the 78.6% Fibonacci projection level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Strifor || GBPUSD-US CPIPreferred direction: BUY
Comment: The British currency is also expected to boost amid the publication of US CPI data . This is the most likely scenario and is indicated on the chart as scenario №1 . Login is expected just before the data is published. One can especially consider buy-position through pending orders if the price immediately falls to 1.25396 . Near this level, one can accumulate a buy-position with a target at the level of 1.27000 (scenario №2).
Additional comments on this trade will be provided as situation changes. Follow us!
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GBPJPY Will Go Up! Buy!
Please, check our technical outlook for GBPJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 197.696.
The above observations make me that the market will inevitably achieve 198.441 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPYJPY Sell/ShortGBPJPY looks like a sell on the daily and has moved strongly upwards from the last signal I called. This seems to be the top and for this updated signal I know for fact it can most likely drop from here. Resistance does not seem like it will break due to previous failures and as well we can be heading down potentially for months back to 194s area respectively. Please check below for TP, SL, and entry points!
ENTRY: 197.696
TP 1 (Day Trade): 196.950
TP 2 (Swing Trade): 194.120
SL: 25 pips from entry
Please message me if you have any questions! Please enjoy your day and be sure to follow our page!
GBPJPYGBPJPY is in a correction period. The price has an opportunity to test the 198.16 and 199.46 resistance zones. If the price cannot break through the 199.46 level, it is expected that there is a chance that the price will fall. Consider selling in the red zone.
>>GooD Luck 😊
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NZDJPY - A Massive Trade. Do NOT Miss! NZDJPY is at the final stages of the ending diagonal. The move we're about to see will be a MONSTER move. We are looking at a potential 1500pip move to the downside... atleast!
We are currently in an ending diagonal, made up of 5 waves consisting of 3 subwaves each. We are in 5th wave now, subwave C and looking for a reversal very soon.
Trade Idea:
- Watch for reversal price action on lower timeframe
- This can be trendline breaks, BOS etc.
- Once entered, SL should go above the highs
- Targets: 89.5 (600pips), 85 (1100pips), 81 (1500pips)
We have an upper limit of wave 5 at 98.5 so the closer we get to that, the better it is. However, we are not anticipating price to go that high.
What do you guys think?
Goodluck and as always, trade safe!
GBPJPY Expected Growth! BUY!
My dear subscribers,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 196.53 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 196.87
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBJPY Sell/ShortClear signs is showing that GBPJPY has been breaking its main resistance from 196.881 and we can see that a reversal is on its way. I have placed TP, SL, and Entry on screen. Please follow for more updates and signals with breakdowns! Please message me directly if you have any inquires about these trades.
GBJJPY is showing a sell trendOANDA:GBPJPY The H1 trendline of GBPJPY has been broken, and the setup has already been shared in the e minds. Now, we just need to wait for a retest for the entry setup to form. Also, there is support, which will act as resistance. Support levels are: 196.100-195.900. The entry has been taken from the H4 Fibonacci level of 0.786
GBPJPY Strong Reversal & GBPUSD UpdateThe Japanese Yen(D) is going through the B to C leg of its correction, which we saw in the yen pairs in the last 24 hours. The GBP/JPY is our pick for a long trade because it has a more technical-bullish outlook than most other yen pairs.
More info in the video.
GBP/USD
The cable broke higher yesterday above 1.2634 , the limit for any downtrend continuation. The violation of this point invalidated the expected downtrend continuation trade.
We must wait for the price to conclude the current rally before we can act on a new position in the cable.
GBP/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are now examining the GBP/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 193.922 level.
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GBPJPY H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 196.97, an overlap resistance
Our take profit will be at 194.89 a pullback support
The stop loss will be placed at 198.19, which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBP-JPY Potential Short! Sell!
Hello,Traders!
GBP-JPY is trading in an
Uptrend but the pair is
Locally overbought so
After it hits the horizontal
Resistance level of 197.410
I will be expecting a
Further move down
Sell!
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