GBPJPY looks to drop down gbpjpy facing a strong resistance where expectation to drop as soon as possible. following trendline is also acting as resistance where chnace to drop down
Gbpjpyanalysis
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.
GBP/JPY :: The last analysis.GBP/JPY :::
The previous analysis is still valid and the price was able to cross the ceiling of the channel .
It is expected that the next targets will continue on their way .
GBPJPY (LONG)Price has formed a nice solid double bottom pattern. Just simply waiting for a retest to previous resistance level before entering.
Beautiful GBPJPY structureIn this productive structure we acknowledge that price slightly managed to trigger the supply zone by a tip, so the focus should be on how this current candlestick closes. The market overall is potentially bullish, hence we are looking to take this short fall to our highlighted significant area, then we continue with this bullish momentum...
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.
300 Pips TP hit in GBPJPY, will it drop further?Dear traders, in my previous chart attached below , I indicated that
GBPJPY will drop to 158 level from 161.50 level. Currently, price action is tilted to the downside with no major
support levels.
The area at 155.50 can be minor support from where price can rebound again. At the moment, I advise traders
not to buy GBPJPY. It is better to wait and see if GBPJPY drops to 155.50 from where we can consider buying.
#GBPJPY- OVERVIEW NO STRONG CONFIRMATION-Due to weaker DXY , JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area.
-As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that region and just continue the bullish momentum from today's close.
-Long term view on HBPJPY is bearish , in our opinion price have significantly shown bullish impulse and has taken price to an extreme and exhausted level, longer term it should come down to 150.
-What you all think?
LIKE AND FOLLOW!!!
🔨Okay GJ is DEAD: Sell Position☠️GBP/JPY I'm expecting bullish pressure to start exhausting around this area of exhaustion zone and to also expect sell pressure to continue current bearish trend
gbpjpy setupas we see the price is traded in a strong demand level, so we expect more continuation to the upside.
we recommend selling from the best areas on the chart.
also, u can buy but be careful
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don't forget your risk management
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GBPJPYam expecting a little drop from 156.36 down to around 155.80 zone where I will be looking out to go long once i get the trendd confirmation on the smaller timeframe.
my bias for GBPJPY is bullish till price gets to 158.00. so what this means for me is that I will be looking for more of buying opportunities than Selling
stay tuned to this feed for live trading updates and signals.
please refer to my previous publications to be able to understand how I approach the market
feel free to drop your own views, comment or criticism .
Went long on GBPJPY! We can see price has bounced off of 156.200 area and had rejected off 160.364. Price has came back down to the support and we went long. Downside would be if price were to keep pushing lower. But only time will tell!
Let me know what you think!
Thank you!
GBPJPY SHORT - JPY STRENGTH HERE TO STAY!Waiting for a pullback to retest 158.577 to short GBPJPY back down to the key weekly level at 151.838.
If you agree drop a like and if you have any questions leave a comment :)
GBPJPY SELL IDEAMy view for GBPJPY is to see a bit more movement to upside to pass 158.000 and there will find some resistance from the trend and it will change direction to the downside with a potential take profit at 155.669 but possibly to pass the 155.429 and continue to the downside.
I am not expecting this pair to pass the 161.225 so its better to have a stoploss there because if pass this level the pair will take a bullish trend to the upside.
GBP/JPY :: which one ?!!GBP/JPY :::
Both are equally likely.
Will the price move up or will it break the support and decrease ?
GBP/JPY Long...GBP/JPY Buy... This is not signal... Dont risk more than 3% of your account on any trade...
The GBPJPY still bullishThe GBPJPY pair lost the positive momentum after stochastic attempt to exit the overbought areas, to rebound bearishly from 161.00 level and settles near 159.90, while the current rebound is considered as a threat to the continuation of the correctional bullish track due to the stability of the additional support at 158.70.
Therefore, we will keep waiting to gain the positive momentum soon to manage to form strong positive waves and surpass 161.00 level, waiting to achieve the next target at 162.20.
GBP/JPY Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
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.
GBP/JPY - downside movement is possibleHello guys!
If we analyze H4 chart then we can see that GBPJPY created nice downside channel and try to go down. In my opinion, it will start to go downward from starting 159.890.
We can open SELL orders or use SELL STOP orders also.
Possible targets are:
1. 158.730
2. 156.720
3. 153.330
Stop Loss is important also. It can be here - 162.750
