GBPJPY long if we break 162.000I wait for this set up. I go only long if we break this buy area/162.000.
If we break 162.000 - back to 164.000 or higher.
Gbpjpyanalysis
GBPJPY: SidewaysI am using support and resistance to place pending orders, it can be an effective way for traders to take advantage of potential price movements in the market. By carefully analyzing key levels, setting appropriate levels, and managing risk with stop-loss orders, traders can increase their chances of success in the markets
Thanks
GBPJPY Bank collapse draining GJ Currency Pair : GBPJPY
Possible direction : Bearish
Technical Analysis : GBPJPY has broken out of the daily support zone and currently on a pull back on the lower timeframe. Price currently gathering liquidity on the intraday by making multiple false breakout and slowly breaking down to create a new lower low. It is highly likely price will continue to drop to monthly support level.
Fundamental : Silicon Valley Bank collapsed has given strong boost in Jpy making GBPJPY weaker.
Possible trade recommendation : Bearish as per chart sketch
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GBPJPY long to 162.000GBPJPY long to 162.000
150 pips move
Hit 160.000 Support Level and hold 30 min Buy Area
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future.
- Currently, GBPJPY LONG TERM can move up to the LEVEL of 156.77. Also, according to the GBPJPY STRUCTURE, it can move up to the 162.14 RESISTANCE LEVEL before SELL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
Two 4hr candle theory.After price during the Asian session has formed two 4hr candles closing bullish coming into the new 4hr London candle the only option is to wait for supports to form and execute buys.
GBPJPY BEARISH SELL NOW CONFIRM TRADEas per my method gbpjpy has tapped at my poi and also gave the confirmtaion so we can enter for sell in gbpjpy
always use stoploss and enter only after confirmation,
i am not your paid consultant so cant update you accordingly, thanks!
DeGRAM | GBPJPY bearish opportunityGBPJPY broke the descending channel.
The market broke and closed below the psychological level of 162.000.
Price action is making sharp bearish moves, and the trend is gaining bearish momentum.
If the price breaks through the next psychological level of 161.000, we could see a sharp bearish move.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade Range GBPJPY Support & ResistanceThe trade plan is discueesd in chart.You can either play in Range but buy at S1 Or Sell at R1. Incase it breaks S1 and S2 your Sell stop will triger and vice versa.
Multiple timeframesOn the daily timeframe the market is within prices 165.990 and 155.325. The market pushed to the upside in a corrective manner and got rejected by the daily order block.
As we go to the 4h timeframe there’s this head and shoulders pattern formation and price managed to complete the pattern after a long horizontal channel with little momentum. After the completion price abruptly went bearish and respected the 4h demand zone. Price currently at 50% o this channel…
Based on the daily and 4h timeframes we have the impression that GBPJPY is bound to go bearish. The current price is heading to the breaker block, therefore we expect an impulsive drop immediately after the market violates the breaker block. In this scenario the target is 159.737 which is the order block and the ascending bottom of this channel…
GBPJPY- UPDATED CHARTHey Everyone, as we are having the NFP it will be an great chance to take this pair price have shown the low SELLING momentum.
GBPJPY short to 161.000Im longterm bearish and now we hit 163.000 weekly level and could expect a drop to 161.000. But we have to stay below 163.000.
Trend Following Strategy EntryGBJPY is currently in a strong uptrend on the 60m timeframe. It has just produced a higher high, higher close candle at the bottom of a descending channel - both of which are bullish signals.
I have entered at the open of the 12:00 candle and will hold until a retest of the previous structure high.
GBPJPY top-down analysisHello 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 HELLOW FELLOW TRADER. I am currently looking at the gbpjpy. I am hoping to see rally movement to the upside. though, the market can slimly break below the demand zone and sell but there are less chances that it might break below then turning back to the upside, rejecting at demand level.
please comment below and tell men what you think about this pair.🤗🙏
GBPJPY short to 161.500It looks ready for shorts
-hit 163.000 weekly level
-4h structure bearish
-broke 30 min Sell area
GBPJPY short to 162.000 - 161.500As long as we stay below 163,000 or react at the level I will short gbpjpy.
162.000 - 161.500 is a very important daily support level thats my target
GBPJPY - Long active ✅Hello traders!
‼️ This is my perspective of GBPJPY .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. As I expected in my last analysis price made a retracement and rejected from bullish order block + institutional big figure 162.000.
‼️Attention!!! Due to the fact that we have news events on GBP and JPY on Friday, the analysis can be invalidated.
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GBPJPY short to 161.500-longterm i really bearish for gbpjpy
-pullback done to 163.000
-hit 4h sell level
for more confirmation u can wait for 30min orderflow to change bearish
or what we can expect:
GBPJPY is going downThe market is expected to fall from here, as it is the channel and soon as per expectation we can see the market below the 159 mark
GBPJPY Risky Short!GBP-JPY broke the rising
Support line so despite
The overall uptrend
We are locally bearish
And will be expecting
A local move down
GBPJPY short term bullish -after this move down i expect a push to the upside
- 4 hour oderblock
- respect my 30min buy area
GBPJPY Long SetupAs we see GBPJPY has already retested our orderblock area and took the liquidity
Now,
Looking for LONGS Only with this setup
Long at 161.8 with TGT 169
This will be swing trade
Cheers
DYOR
