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Gbpjpy_outlook

GBPJPY Last Moves for Breakout As Here in GBPJPY, it has trend from the past couples of week and now its on the resistance line waiting for breakout or fallen back to retrace one more time, so then from there it starts strengthening or fall more to getout of the trend... Well, It depends on News what will it do. Better to focus on buying from the lower line of trend & hold it but what if it break the resistance then you're happy to take it as a buy for long term. Becareful at this point as it can fall once more as well & then it'll breakout... Everyone want to know what GOLD is doing? I HOPE THIS ANALYSIS GIVES YOU A BETTER IDEA. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBPJPY, MIGHT SHORT LATER.**ENG** - Price moving very impulsively towards our higher high/possible reversal zone. - We can see that price is reaching overbought levels. - Looking for shorts at the red circle. - Only looking for longs if price breaks this zone impulsively. **PT** - Preço a mover-se impulsivamente em direção ão nosso higher high/possível zona de reversão. - Podemos também averiguar que estamos a atingir níveis de sobrecompra. - Procurar por entradas em short na zona do circulo vermelho. - Apenas procuramos por longs em caso de uma quebra impulsiva desta zona.
by Wevesting
GBPJPY Chart analysis and trading planIn the short term, GBPJPY looks like it will reach 139.60 area. After reaching that level, there might be some pullback or a short term reversal. Right now, the price action still supports the buyers. If you look at the 15minute chart, you can see that Friday's end of NY Session bearish move is a temporary pullback. So, it is quite likely that GBJPY will reach the 139.60 level. After reaching that level, if we can see some bearish price action, we can consider selling.
by YourLazyTrader
4
GBPJPY NEXT TRADE SETUPGBJPY currently running at 136.214 and have made a clear bullish momentum towards its next resistance at 137.30 on H4 timeframe. If it breaches the minor resistance at above blue zone which end on 136.40, then it will be a clear bullish movement. Buyers can hold their trades till next resistance. Remember : GBPJPY just like most of other GBP pairs (GBPUSD) is on two days bullish streak. The entries on this trade idea shall be taken only if all the rules of entry are satisfied. Contact us for any query.
Long
by TradingSwirls