GBPJPY Will Go Higher! Buy!
Take a look at our analysis for GBPJPY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 205.232.
Considering the today's price action, probabilities will be high to see a movement to 208.196.
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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GBPJPY
GBPJPY Will Go Up From Support! Buy!
Here is our detailed technical review for GBPJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 204.882.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 206.047 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.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY - Look for Continuation Long (SWING) 1:4!GBPJPY did not show any signs of turning bearish. The price failed to create a new lower low on the higher time frame, and there are no signs of a reversal chart pattern, indicating that the volume of buyers is still strong, with the potential to push the price higher and create another all-time high.
The price reacted strongly at the Fibonacci retracement golden zone, suggesting an opportunity to go long. Regardless of the situation, protect your capital and manage your risk. Remember, trading is a marathon, not a sprint.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPJPY: +1100 Pips Swing Buy| Possible Move|Do Your Own ResearchOANDA:GBPJPY
Price has made correction, as there was a hint of possible BOJ intervene. However, it was likely to alter the price for sometime. In our view, price is likely to continue the bullish move upwards 215 price region. The move can be a big swing trade +1100 pips. Although, we can first target 210 and then 215. Good luck.
AUDJPY - Looking Toppish! BIG Drop Inbound!All JPY pairs look like they're at the very top of their patterns.
AUDJPY is currently confined within a parallel channel and we're at the very top of the pattern.
We are now looking for any reversal signs on lower timeframe to indicate that the top is in. There's a number of ways this can be done.
1. Trendline Break
Watch for price to break a trendline that price has been respecting
2. BOS
Watch for price to break a significant swing point
3. Moving Average break
Watch for price to break a moving average that has been respected well
Any of these could be the first signs that the reversal is taking place. If we get more than 1 signals, it will give us even greater confidence that the reversal is taking place.
These methods can be applied to any timeframe.
For the higher timeframe, the break of red trendline shown in the chart can be used as an indication that the reversal is taking place.
What do you guys think?
Goodluck and as always, trade safe!
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 :-)
GBP/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 197.605 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/JPY pair.
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GBPJPY → Trade Analysis | SELL SetupGBPJPY s moving to the upper boundary of the ascending channel.
The volatility of the movement has decreased.
The price has reached the resistance level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
GBPJPYGBPJPY price is in the strong resistance zone 206.601-206.889. If the price cannot break through the level of 206.889, it is expected that in the short term there is a chance that the price will adjust down. Consider selling in the red zone.
>>GooD Luck 😊
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*Always follow your trading plan regarding entry, risk management
GBPJPY Massive Short! SELL!
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 206.37 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 - 206.07
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 | Bullish uptrend to continue?GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 205.144 which is a pullback support.
Stop loss is at 203.77 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level.
Take profit is at 206.67 which is a pullback resistance level.
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ready to open a sell position on GBPUSdHi there,
We are ready to open a sell position on gbpusd. In weekly and daily timeframe price in a powerful descending channel, but we are watching a ascending channel in H1 and H4 timeframe.
So we are waiting to break this ascending channel and after that open two sell position (midterm and long term position)
For long term position sell it at 1.274
TP1 1.214
TP2 1.164
SL 1.324
Please give you comments below.
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 :-)
#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.
#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_
GBPJPY Technical Analysis and Trade Idea - Trading A Breakout👉🔍 In this video, we take an in-depth look at the GBPJPY currency pair. You'll notice that it is clearly range-bound on the 15m through the Asian session. We explore the possibility of a breakout at the highof the range and focus on how to capitalize on this during the London Open when a potential break of the 5-minute timeframe Asian range occurs.
Additionally, we cover essential topics such as trend analysis, market structure, price action, and other key aspects of technical analysis. Please remember, this video is for educational purposes only and does not constitute financial advice. 📊✅
GBPJPY: Needs a Rest!Hello traders,
JPY journey to lost it's value was profitable for many traders. but when it's going to end? i suggest observing HTF and I'll do in near future.
But for mid-term view I think we might see a reversal so if you are an intraday trader please take less risk in longing the pair.
I'm waiting for middle or bottom of the channel to start longing again!