GBPJPY - Look for Continuation Long (SWING) 1:4!GBPJPY did not show any signs of turning bearish. The price failed to create a new lower low on the higher time frame, and there are no signs of a reversal chart pattern, indicating that the volume of buyers is still strong, with the potential to push the price higher and create another all-time high.
The price reacted strongly at the Fibonacci retracement golden zone, suggesting an opportunity to go long. Regardless of the situation, protect your capital and manage your risk. Remember, trading is a marathon, not a sprint.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Gbpjpyanalysis
GBPJPY: +1100 Pips Swing Buy| Possible Move|Do Your Own ResearchOANDA:GBPJPY
Price has made correction, as there was a hint of possible BOJ intervene. However, it was likely to alter the price for sometime. In our view, price is likely to continue the bullish move upwards 215 price region. The move can be a big swing trade +1100 pips. Although, we can first target 210 and then 215. Good luck.
GBPJPY MORE BOE'S PILL: WE'LL GET A MANDATE FROM THE NEW GOVERNMThe price action in FX options since Thursday's U.S. CPI data reinforces expectations of official intervention, but also reflects its success in quashing related volatility and JPY weakness, at least for now.
The FX volatility upon which FX options thrive is an unknown, but key part, of their premium, so dealers use implied volatility as a stand-in. Implied volatility movements can therefore become a barometer for actual and perceived FX risks.
GBPJPY → Trade Analysis | SELL SetupGBPJPY s moving to the upper boundary of the ascending channel.
The volatility of the movement has decreased.
The price has reached the resistance level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
GBPJPY ( SHORT ) ( 4H )GBPJPY
HELLO TRADERS
Tendency under bearish pressure after the price stabilizing below resistance trendline
TURNING LEVEL : a blue line between resistance and support level around 206.513 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level , then if the price breaking order block active bearish zone
RESISTANCE LEVEL : there is a green line around 207.248 , indicates selling have already increase this level , so if the price breaking turning level reach this target
SUPPORT LEVEL : there is a red line below turning level around 205.141, indicates buying have already increase this level , so if the price stabilizing turning level reach this targets
PRICE MOVEMENT : maybe first the price will trying to rising turning level around 206.513 , after dropping to the support level around 205.141 , then stable below this level reach 204.077,if the price breaking turning level reach a new resistance level at 207.248
TARGET LEVEL :
RESISTANCE LEVEL : 1.281 , 1.285
SUPPORT LEVEL : 1.268 , 1.264
#GBPJPY: 1500+ Pips Upcoming Bullish Trend| GBPJPY| Setupsfx_| Hope all of you having a great weekend,
Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly after creating a record high created AB=CD PATTERN.
Now we expect price to continue the bullish run upwards 205 area and beyond. The perfect entry will be on Monday London session. Use marked blue lines as entry and stop loss points.
Good luck and trade safe.
#GBPJPY: 500+ PIPS Buying Opportunity! Do not miss out! Dear Traders,
Hope you are doing great, so GBPJPY failed to drop swing as we expected during our last analysis, due to JPY bearish pressure. We expecting the bullish move to continue dominance around 205, where we can see bearish reversal to continue.
Team Setupsfx_
GBPJPY Technical Analysis and Trade Idea - Trading A Breakout👉🔍 In this video, we take an in-depth look at the GBPJPY currency pair. You'll notice that it is clearly range-bound on the 15m through the Asian session. We explore the possibility of a breakout at the highof the range and focus on how to capitalize on this during the London Open when a potential break of the 5-minute timeframe Asian range occurs.
Additionally, we cover essential topics such as trend analysis, market structure, price action, and other key aspects of technical analysis. Please remember, this video is for educational purposes only and does not constitute financial advice. 📊✅
The yen fell to near its lowest level in 38 yearsThe Yen has fallen to extra than one hundred sixty Yen consistent with USD, elevating worries that Japanese government will interfere once more to include this scenario.
Reuters suggested that on June 27, the Yen fell to extra than one hundred sixty Yen consistent with USD, close to its lowest degree in 38 years. The Yen has fallen approximately 2% at the month and 12% at the yr towards the USD.
According to Xinhua, at one factor in the course of the day, the USD turned into buying and selling at one hundred sixty.05 yen, marking the bottom degree when you consider that April 29.
Recently, the Japanese Government has signaled the opportunity of suitable intervention to reply to immoderate volatility. Previously, for the reason that cease of April, the Japanese Government spent 9,790 billion Yen (approximately extra than 60 billion USD) to push the Yen up 5% from its lowest degree in 34 years.
Analysts say that even though the danger of intervention has increased, the Japanese Government can be looking ahead to the United States private intake expenditure (PCE) statistics file earlier than getting into the marketplace.
“Exchange prices and the charge of decline are each essential elements for the Ministry of Finance to recollect intervening,” stated Boris Kovacevic, international macro strategist at international bills enterprise Convera in Austria. the Forex market marketplace. However, reducing volatility withinside the alternatives marketplace suggests that the current boom has now no longer met the Ministry of Finance`s criteria. Policymakers may also await the PCE file earlier than creating a very last choice earlier than the cease of the week."
In a scenario in which the Yen is devalued, families in Japan are nonetheless suffering with each day residing costs. This scenario is basically because of the weaker Yen, making imported items extra expensive. The Japanese authorities is seeking to take extra measures to lessen inflation.
GBPJPY: 3 Months Overview A Big Dump Coming Up! Dear Traders,
After looking at the bigger timeframe in this case we used 3 months timeframe, we have identified similar pattern that occurred in market in last few years. If we see, we can continue to see growth in price towards 219 to 222. These two areas remain crucial for swing sellers where we can see price dropping heavily. Please use this analysis, as a overview and future of the pair. Do not solely use this analysis as our other normal chart analysis.
Team Setupsfx_
GBPJPY ( UNDER BEARISH PRESSURE ) ( 4H )GBPJPY
HELLO TRADERS
Tendency the price attempt to closer a support trendline , indicating the price is under bearish pressure
TURNING LEVEL : a blue line a round 203.329 , which indicates two cases , the first cases until the price breaking 203.329 ,reach a resistance level , the second case the price trade below 203.329 ,the price reach support level
RESISTANCE LEVEL : a blue line inside gold rectangular , an area above the turning level , if the price breaking turning level at 203.329 , create a new resistance level
SUPPORT LEVEL : a blue line , an area below turning level , the gold price for the support level 201.258 , buying have already increase at this level
PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 203.329 , it will attempt to reach support level at 202.044 and 201.258 , if the breaking this level the price trying to reach new resistance level at 204.312 and 205.067
TARGET LEVEL :
RESISTANCE LEVEL : 204.312 , 205.067
SUPPORT LEVEL : 202.044 , 201.258
GBPJPY BULLISH RALLYPraise Jesus❤✝
💕4hr Analysis💕
Currently see, price still in a full on bullish trend. Price recently broke that pink zone hasn't yet retested it, but as soon as there is wick exhaustion which indicates bullish momentum best believe its full on buys!! Secondly price pulled back to 61.80% fib level and 23% fib level which indicate continuation of the trend..
Expected move to 202.873
🎉1hr and 15min🎉
While on these two time frames price already hit price reversal fib number levels, and with a wick exhaustion candle at the top on 1hr .. You can expect to see some short term bearish movement . But don't get too caught in, as that can be short pullback to continue further to the top. While on the 15min price broke a major trendline, at the top and retested with candle wick exhaustion indicating bullish trend.
ADVICE ;Move with major structure, to avoid being caught up and wiped at the end of the day. Take it step by step, if its not clear wait for clear setups as am doing😊
💟Daily Analysis.💟
On the Daily chart, price is full on the bullish side, price retested a zone with wick exhaustion at the bottom indicating bullish moves all through, till 203.134..
ADVICE; Take price extremely slow move with what is presented with you. Step by step..
Above all move with wisdom in Christ
GBPJPY Technical Analysis and Trade Idea👉 Examining the GBPJPY on the daily timeframe, we can see it’s in a bullish trend. It has reached a key resistance level, and while I’m interested in going long, I won't do so at the current level. Just below the current trading level, there’s a bullish imbalance on the 30m timeframe along with a bullish order bock. I prefer waiting for a retracement to the 50-61.8% Fibonacci level that happens to coincide with these levels for an ideal entry. In the video, we discuss the trend, market structure, price action, and other important aspects of technical analysis. Please note, the video is for educational purposes only and not financial advice. 📊✅
GBPJPY set to break trendline supportIdea No : 10
8 out of our last 9 ideas were successful and 1 still running, let's talk about 10th
GBPJPY is in a bull run for quite some day now but started to show lags and over bought conditions
we are now facing 2 trendlines and 1 of them appears to be breaking down
therefore expect it to follow our red arrow soon
GBPJPY locked in between our previous trendlinesIdea No : 12
10 out of our last 11 ideas were successful & 1 still running, let's talk about 12th now
GBPJPY floats around our previous trendlines, it broke below
there are new trendlines emerging below it so we expect it to be under pressure which will lead to shorting the pair
let's see...
GBP/JPY - Price is the leading IndicatorToday we are looking at GBP/JPY 5 Minutes timeframe.
Based on the price structure, we believe that the high probability direction in the short term is downtrend.
We have seen an ABC (Corrective) wave after the Low of Friday was made.
Key Structures to note:
Structure 4: 200.022 Downtrend continuation reversal point.
Structure 2: 200.674 Downtrend Violation Structure.
Always Think in Probability:
As traders, you must be careful to align your behavior and expectations with the following principles:
- Anything can happen
- An EDGE is only an indication of one thing happening over another
- There is a random distribution between wins and losses
- You don't need to know what will happen in order to make money in trading.
DeGRAM | GBPJPY rebound from the retracement levelGBPJPY is moving under an ascending channel above dynamic support.
The price is above the support level coinciding with the 38.2% retracement level.
We expect a rebound after a retest of the crossing of the dynamic support and the retracement level.
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GBPJPY Bullish After RetestI see that GBPJPY will experience a decline and enter the demand area, our plan is to take a BUY setup if the price enters the demand area with a realistic target of 1: 2, setup, see chart image. Thank you happy trading.
Note: this is not trading advice. All risks are not our responsibility. Secure your account.
GBPJPY: 1000+ Pips Selling Opportunity! What's yours views on itOur previous analysis on GBPJPY has rejected at the top and dropped 300+ pips, however, price jumped back to the initial entry and in our view we think price is just came back to test the liquidity. We still expect a strong bearish move to dominant in coming days. Expecting a strong bullish move on Yen, however the USD data can conflict our views.
**If you like our ideas then please do like and comment the idea, which will encourage us to bring more educational chart analysis**
Team SetupsFx_
GBPJPY: Month-Long Bearish Outlook Revealed!Greetings Traders!
Brief Description🖊️:
The market's movements are governed by smart money, which controls the majority of liquidity. It is not governed by retail traders. They dictate market terms, while we trade patterns they generate. Smart money has two primary objectives: order pairing (entering the market against liquidity) and order booking (scaling out their positions). Due to their substantial liquidity, smart money enters the market against large amounts of liquidity, typically found on higher timeframes. This movement is necessary for them to enter and exit the market, driving market dynamics.
Market Analysis📉:
Currently, on GBPJPY, buy stop liquidity has been taken, indicating that smart money has entered their positions in a premium. The expectation is a draw towards the downside, targeting significant liquidity areas such as relatively equal lows and trendline liquidity. The daily bearish order block is expected to resist price, initiating bearish institutional order flow.
Things We Have Seen👀:
Relatively Equal Lows: These areas possess substantial liquidity, making them attractive targets for smart money.
Sell-Side Liquidity: A significant amount of investments exist at these lows.
Engineered Trendline Liquidity: More investments exist at these lows, increasing the plausibility of the market drawing towards this level to absorb the existing liquidity.
What's Important Now❗:
Stay observant of how the market reacts at these critical levels. Understanding the objectives of smart money can provide valuable insights into potential price movements.
Best Regards,
The_Architect
GBPJPY is at decision point--------------GBPJPY EITHER WAY--------------
This pair is at decision point at the moment. There are two scenarios, both have 50% change. Now the best thing one can do is to watch the next couple of hours (NFP can be a trigger) how this course will behave. I am waiting for the short opportunity but there is a massive bull trend, so this bullish sentiment can prevail.
The best asset a trader can have is patience. This is where most of the traders fail and it is even harder when you are in profit. Take care and trade well!
This is not a financial advice, do your own analysis and research.