GBPJPY Trade PlanGBPUSD wait for breakout and trade in the direction of breakout.
Manage your risk according to account size!
Gbpjpyanalysis
GBPJPY, Expecting Down, updatedGBPJPY, i am expecting a down move because there is brearish formula candle on the top of the market which is also an resistance area + RSI level is also around 75 level, so expecting a short but consistent move.
GBPJPY Analysis 31July2023GBPJPY Analysis in accordance with last week's analysis where the price of bearish reached Wave (C). I am still in the positive view of this paar bearish. with the target in the lower SND area and the invalid area as the validation limit of this analysis. If you want to do a short, wait when there is a bearish candle that is quite thick.
GBPJPY Trade after taken liquidity of the buyside and mitigation of the supply zone we will see a drop of the price towards demande zone
- Trading is probability control your risk management
Good luck !
GBPJPY, H1 Expecting Strong SellGBPJPY, i am expecting a strong sell from recent price and if this fail, then i am expecting strong sell entry from 182.00 area.
#GBPJPY D1-4H Sell☑️Broke the structure on the D1 timeframe
☑️Broke the structure on the 4H timeframe (confirmation)
If we break the market structure up on the 4H timeframe, we we'll go a little higher before drop, but if we break the red level on the D1 timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
GBPJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to take out sell side liquidity and then to reject from bullish order block.
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GBPUSD and GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY Analysis 26July2023Seeing the correction of this pair in the last 3 days has not shown a sign of correction will end. There is a possibility of complex correction with the composition of zig-zag wave. There are several limits where the price will return to bearish if it passes through a particular area.
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY: Today!The release of new data from the ONS caused a significant drop in UK government bond yields as traders adjusted their expectations for future interest rate increases. Prior to the release, financial markets were anticipating a final UK Bank Rate of over 6%, but these expectations decreased to around 5.75% during the morning, resulting in a sharp decline in UK 2-year Gilt yields, which are sensitive to interest rates. Given the projected decrease in inflation in July, thanks to a lower Ofgem Energy Price Cap, it is possible that the UK has already experienced its highest interest rates.
GBPJPY Trade PlanGBPJPY testing the major support again and hopefully we can see rejection from the support zone.
Manage your risk according to account size.
GBPJPY going to have demand on discount price; looking for buyerCurrently in bullish trend on H4 and daily, in corrective wave.
Update on GBPJPY DIRECTION(Bull)Hello Traders in the previous week our ideas on the GJ pair has been awesome and accurate We have predicted the direction of the pair for months now and our ideas rate is 89% correct.
We continues to share our idea on the pair movement showing the direction its going.
We still believe the pair remains in the Bull run, the pair broke out a key area on the last trading day of past week and did a minor pullback, but we wait to see a little bit pullback again before to gather momentum for the bull run, our first Bull target was hit last week at 182.23 and we look forward to see the rest being achieved.
We keep our plan to buy the pair from dip and will take advantage of the selling opportunities available, as the pair trades around an area of value in the 4HR timeframe mitigating the gap and pushing to reach a higher high for the bull. The pair has form a double bottom pattern indicating a Bullish move after trading in side ways for the past few days last week until the breakout occurred.
Bullish Target; 182.23 DONE, 183.24, 183.799, 184.4, 186.3 188.2
Bearish Target; 180.7, 180.3, 179.5, 177.6
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GBPJPY LONG TERM TRADING IDEAHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBP/JPY Surges Past 20-Day SMA Amid Anticipated BoJ DovishnessThe GBP/JPY pair remains bullish in the short-term perspective as shown by the daily chart. The Relative Strength Index (RSI) has surged past the midpoint, indicating a bullish tilt, and the Moving Average Convergence Divergence (MACD) records subtle red bars, signaling an ebbing selling pressure. The pair is strongly positioned above the 100-day and 200-day SMAs, suggesting that the bulls are in command. Moreover, the dovish bets on the Bank of Japan (BoJ) before next week’s meeting, as well as the strong UK Retail Sales figures, are providing more traction for the bullish sentiment.
Place a buy order at 182.60, aiming for a take profit level at 184.00, while keeping a stop loss at 180.00. This plan is based on the current bullish trend, and it is subject to change if major news or market events affect GBP/JPY.
TRADE IDEA DETAILS
CURRENCY PAIR: GBP/JPY
CURRENT TREND: Bullish
TRADE SIGNAL: Buy Signal
👉ENTRY PRICE: 182.60
✅TAKE PROFIT: 184.00
❌STOP LOSS: 180.00
This trade setup provides an opportunity to benefit from the ongoing bullish sentiment on the GBP/JPY pair. However, as with all trading activities, it's crucial to use risk management techniques and not to invest more than you can afford to lose.
GBPUSD Analysis. Plan for next week.Hello Everyone. I want share my idea about GBPJPY pair.
At this pair we had a strong bullish trend, the trend was almost without HL, then price stopped and start consolidating, which was good for traders to identify where are buyers. last week we saw some strong bullish movement from 179.7 LVL which i think has power for brake resistance at 183.8 and then retest weekly resistance at 189.5.
after touch to weekly resistance i think we will see good low for enter long position. i think long because JPY index is also strong bearish.
Here is my scenes of price movements.
1 bullish - price going higher brake weak resistance at 183.8 then make retest it and test weekly strong resistance at 189.5.
2 bearish - price is not strong enough brake support at 179.7 LVL and coming down.
BE PATIENT!!!
GBPJPY Analysislooking at the existing market structure, the market may form a-b-c correction pattern with the possibility that wave B will approach the SnD area before falling again.
if you look at the fibo retracement area, there is an SnD area that intersects with the fibo area with pretty good accuracy at notation 2.618. areas like this usually in the future will be responded positively by the price.
This analysis is valid as long as the price does not rise more than the invalid area.
GBPJPY DIRECTION (Where GJ could go Next)The Technical analysis on gbpjpy from our channel has been great if you go through our history.
Today our analysis on the pair is key to determine the direction of pair, We keep to our plan to buy as the pair remains in an uptrend in the higher timeframe, but for days now GJ has been trading sideways and also around the support level and the 200EMA at 179.83, we are monitoring to see a breakout and a retest before we go in with our selling plan.
Bullish Target; 182.3, 183.25, 183.79, 184.9, 186.3
Bearish Target; 178, 177.3 176.04
We will need your support to Keep up the work and all we ask is your like, share, comment, and follow.
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GBPJPY SELLHi, according to my analysis of the GBPJPy pair. There is a good selling opportunity. With the pair breaking the triangle pattern. It also broke the strong support at 180,500. All of these indicators point to further decline in the coming days. Good luck to everyone
GBPJPY: In the short term, the technical outlook for GBP/JPY remains negative as indicated by the daily chart, which shows the pair declining from its recent multi-year high. The pair has experienced a significant rally of nearly 18% this year due to loose Japanese monetary policy and tightening UK monetary policy. However, there may be a change in the latter as today's inflation data suggests that July's inflation reading will be even lower. This is likely due to the implementation of the Ofgem energy price cap, which has been reduced from £2,500 to £2,074.
