Gbpjpy_outlook
If the cap fits wear it....Straight forward really, bearish movement down to our support area ( red zone ) then a bounce and bearish movement to our resistance area ( green zone ) I'm just going to keep this 1 simple as there are a few simple people about ;p if the cap fits wear it.
GBPJPY CHANNEL BREAKOUT GBPJPY has been travelling in an descending channel, it had a little fake breakout , but price came back into the channel, retested the inside and has started travelling down.
Price formed an ascending channel on its way up , however it has now broken out to the downside and has come back to retest it , giving us another indication that we should sell.
BRITISH POUND / JAPANESE YEN TO SELLGBP/JPY market is following the above channel so will fall/sell to the downside. Do time your entry and exit right.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes only.
GBPJPY - BULLISH - TP 147.5 #Forex #FxProNow147.5 - TP
144.6 - SL
Bullish H1 Candle on GJ For Entry
ONLY if price Holds 144.6
Watch Video For Details.
GBP/JPY: Big Buying Continuation !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
GBPJPY If the daily candle close as bullish we have an edge here we could go for a long position with mention plan on the chart.
*Note: Please accept the risk of the Trade before opening the trade. It will be better if you use pending stops somewhere above the current resistance level.
**Thank you **
GBPJPY OUTLOOKGBPJPY
LOOKING FOR GJ TO RESPECT THE ZONE OF 145.080.
THEN COME UP TO 145.800.
THEN WE CAN FINALLY CATCH THE MOVE DOWN TO 144.600.
GBP/JPY: Big Fall Will be Continue !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
PLEASE DONT SUE US ;p Key strong support / resistance level is pointed out with our arrows ( if you follow us you will know this )
We are expecting price to retest this level ( its not far away ) and then bounce making a lovely bullish run possibly up to our next resistance level ( top green line )
Use this in line with your own analysis, so if you loose your house you cant sue us ;p
GBPJPY - BEARISH - TP: 144.1 #Forex #FxProNowGBPJPY - BEARISH - TP: 144.1 #Forex #FxProNow
Still at resistance
Broke Support on Lower TF...
Looking for continuation to the downside.
GBPJPY: BEARISH TP - 144.100- 350 Pip Move #Forex #FxProNow GBPJPY: BEARISH TP - 144.100- 350 Pip Move #Forex #FxProNow
Looking For Price to Hold resistance at 148.5 area
TP - Looking For Price to Get to at least 144.1
SL - Price Most Not Get to 149 Area
GBPJPY: BEARISH TP - 144.10 - Swing350 Pip Move #Forex #FxProNowGBPJPY: BEARISH TP - 144.100- 350 Pip Move #Forex #FxProNow
Looking For Price to Hold resistance at 148.5 area
TP - Looking For Price to Get to at least 144.1
SL - Price Most Not Get to 149 Area
Fancy riding a bucking bronco?After Thursday and Fridays bearish run last week price is now sat at an important support level and with Fridays candle closing as bullish on the 4H chart we are expecting price to carry on respecting this level, we might get 1 more test and bounce of this level before finally ending up in our green zone.
Wit the only high impact news for this pairing coming on Wednesday and Friday the fundamentals shouldn't play a part, Mondays are genuinely slow in the market anyway, but we should be able to reach our target by Tuesday.
Just take in not that when trading GBP pairings sudden in expected news about brexit can make the markets move like a bucking bronco... so be prepared for the bumpy ride.
GBPJPY - BEARISH - Swing TP 141.000GBPJPY - BEARISH - Swing TP 141.000
AllI see is a major level of support and I am looking for this to hold.
Thats it. Nothing crazy...
Next major level is 141 so I am going there.
GBPJPY - BULLISH - TP 148.3 #Forex #FxProNowGBPJPY - BULLISH - TP 148.3 #Forex #FxProNow
I see a level of support on the H4 TF...
Looking to make a new high on the H4 and cont the up trend.
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow
We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now...
We see that the M30 TF has broken a level of support.
I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form
OR
it break the support that it is currently at right now... Again retest the broken area and strike!
145.5 is our target because it is at least 38.2 on Fibs for the H4 TF's move.
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow
We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now...
We see that the M30 TF has broken a level of support.
I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form
OR
it break the support that it is currently at right now... Again retest the broken area and strike!
145.5 is our target because it is at least 38.2 on Fibs for the H4 TF's move.
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow
We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now...
We see that the M30 TF has broken a level of support.
I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form
OR
it break the support that it is currently at right now... Again retest the broken area and strike!
145.5 is our target because it is at least 38.2 on Fibs for the H4 TF's move.
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNowGBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow
We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now...
We see that the M30 TF has broken a level of support.
I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form
OR
it break the support that it is currently at right now... Again retest the broken area and strike!
145.5 is our target because it is at least 38.2 on Fibs for the H4 TF's move.
GBP/JPY LongLooking for a pullback to the support zone touching our trend-line for further conformation on candle formation and then long entries to the next target which is (150.785)
