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GBPJPY

Strifor || GBPUSD-NFPPreferred direction: BUY Comment: The fact of recovery is also visible on the pound chart. Here we also have both scenarios activated that we published at the beginning of the week. Before the NFP , the bullish mood remains, and an approach to the level of 1.26000 is expected. You can also consider level 1.26500 as an additional target. In the short term, the pound is most likely to strengthen, but in the medium term, we will have to look at the facts. Growth towards the level of 1.28000 depends on many factors, the formation of which must take time. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Strifor || GBPUSD-Week StartingPreferred direction: BUY Comment: The British currency continues to struggle at the level of 1.25000 , and despite everything, so far everything is working out more in favor of the buyer. The week is filled with events and here, just like in the euro, you need to be ready to change your original plan. The most likely scenario is a breakout of the level of 1.25346 and further growth to the level of 1.26000 (scenario №1). Today, the goals are modest against the backdrop of the upcoming Fed meeting, after this event, in the event of a positive outcome for the main competitors of the US dollar , it will be possible to count on growth to 1.28000 . Scenario №2 will become more active if the US dollar strengthens against the backdrop of upcoming events, but medium-term purchases in this case will be relevant. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
GBPJPY Analysis (3rd May 2024) GBPJPY Analysis Currently on the 15 minute timeframe, price is still respecting the 15 minute bullish OB. If price decides to go bullish and break 192.555 with a body candle close, Longs are more likely to play out. I would like to see retest of that level before continuing to look for buys. On the flipside, if price breaks the 15 minute OB with a body candle close, i will be waiting for a retest to continue lower. Confirmations of 5 minute FVG and OB will be needed in order for me to take sells.
by CallistoFX
Minor rebound after strong pullback?GBP/JPY has just bounced off the pivot. Could this FX pair potentially climb higher towards the 1st resistance? Pivot: 191.80 1st Support: 190.17 1st Resistance: 193.38 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
GBPJPY Bullish robbery plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist Bullish side of GBPJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. Loot and escape on the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Long
by Thief_Trader
GBPJPY Bullish Heist plan to make money in Long sideDear Robbers, This is our Day Trade master plan to Heist Bullish side of GBPJPY Bank. My dear Robbers U can enter at the any point above my entered area, Our target is Red Zone that is High risk Dangerous trap area. Be safe and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday with my master Plan.
Long
by Thief_Trader
GBP/JPY: Race back to 200.000? On Monday, the yen dropped to 160.000 per dollar, marking its lowest level since 1990, before rebounding more than 3% to 154.5 per dollar. This rebound was suspected to be the result of intervention by Japanese authorities. According to reports from Bloomberg, the Bank of Japan (BoJ) likely injected ¥5.5 trillion into the currency markets after discrepancies were noted in the BoJ's operations report on Tuesday, where market forecasts didn't align with reported current account figures. Both the GBP/JPY and USD/JPY pairs are gradually recovering on the charts. The USD/JPY is testing levels above 157.500, while the GBP/JPY is eyeing 197.00. Both pairs could keep on advancing if the forthcoming US data continues to surprise. Notably, the Fed taking a hawkish tone after its FOMC decision on Wednesday and jobs data due on Friday. The GBP/JPY's recent peak at 200.60 remains a key target for traders despite potential intervention by the BoJ. Looking forward, market sentiment could appear bullish, with attention focused on key levels such as the 193.600 resistance-turned-support and the 10-day SMA.
by BlackBull_Markets
GBPJPY: 1000+ Pips Selling Opportunity! Do Not Miss OutHey Everyone, OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and take profit as suggested. Please use accurate risk management to have better outcome. We are targeting 1000 pips out from this idea. good luck.
Short
by Setupsfx_
43
GJI am staying out of it. It is confusing and that's when it's best to stay away and out of the market. DAILY We peaked at 200.50, which is good to look out for possible buys into the market. Which last happened in 2015. This is the final (3rd leg) of the double bottom (W formation). 4H Ascending Channel within an ascending channel is what we look for when trying to get sells. Which will give us added information for our case of evidence. With where price is (mid=range) it is better to stay out and stay away. 1H Same as the 4H. Just stay away and stay watching.
by Mhangwane1
GBPJPY Technical Analysis and Trade Idea The GBPJPY is in a strong bullish trend as we can see on the daily and four hour time frames. Currently we are seeing an aggressive pullback down into our optimal entry zone. In the video we cover the trend, price action, market structure and I share a couple of trade ideas for consideration It's important to note that the information shared is intended purely for educational purposes and does not constitute financial advice. Trading entails inherent risks, underscoring the criticality of implementing robust risk management protocols consistently.
Long
by fxtraderanthony
⭐️ GBP/USD : Navigating Supply and Demand Shifts (READ CAPTION)Hello Traders , Upon recent analysis of the GBP/USD chart in the 2-hour timeframe, it is observed that the price is near the supply zone of 1.25. If it can stabilize below this level, we can expect a further decline in GBPUSD! The scenario I have in mind is marked on the chart. The demand levels are, in order, within the ranges of 1.237 to 1.237, 1.2345 to 1.23690, and 1.23 to 1.23270. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
4
GOLD IN BUY CORRCTION BUY now@2325-2315 sl 2310 tp 2327 tp 2330 tp 2335 tp 2365 tp 2385 tp 2415 buy limit 2303-2295-2288(flip entry confrm) Sl 2285 Tp 2305 Tp 2308 Tp 2313 Tp 2359 Tp 2392 Tp 2415 BUT In chart we got DAY High confrm(Using my Research) DAY in 80% sell swing entry sell limit 2391 sl 2439 tp 2295 tp 2256 tp 2202 tp 2150 tp 2050 tp 1975 INTRADAY ENRTY Sell limit 2389-2394(flip zone) Sl 2402 Tp 2387 Tp 2384 Tp 2379 Tp 2280 Tp 2163 Tp 2050 Tp 1984 Sell limit 2409-2412(strong sell zone) Sl 2419 Tp 2407 Tp 2404 Tp 2399 Tp 2280 Tp 2163 Tp 2050 Tp 1984 NOTES: EDUCATION PURPOSE ONLY
OANDA:XAUUSDShort
by SATHAYAM_ACADEMY
1
Strifor || USDJPY-26/04/2024Preferred direction: SELL Comment: The long-awaited meeting of the Bank of Japan took place, at the moment it is best to focus on technical analysis. Previously, we published two scenarios where scenario №2 is already active. Everything is unchanged here and most likely near the level of 157 , we can expect a fall with a target at the level of 153.222 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Short
by Strifor
5