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Gbpjpybuy

GJ going up?Looking at GBP/JPY ANALYSIS from the 1D timeframe, there has been a downtrend in price, which started last week, the decline started at the levels of 153.275 and now it has reached a support level at 151.295, By this, I can see a potential for a reversal back to the resistance levels at 153.275 here is a list of things I looked at before taking my direction : Overrral trend of GJ is an uptrend graph The decline of price was more of a pullback The RSI on the timeframe from 4H - 1H is signaling an oversold graph, which means We are looking out for potential reversal signals The graph has reached the support levels The channel is uptrending
Long
by UnknownUnicorn3740956
Long GBPJPY Long GBPJPY - Swing trade idea. I have bought GBPJPY at 151.35 as I feel this move lower is now exhausted. No interest in getting too carried away during this risk off mood, however I feel the run has gone a long way and if we had to see the dollar start to fall, that would cause GBPUSD to rally pulling up GBPJPY along with it. On the other hand, if the USD stays bid, this will cause USDJPY buying thus putting pressure on JPY strength and hopefully cause USDJPY to make a decent retracement higher again taking GBPJPY along for the ride. Long GBPJPY - 151.35 TP - 156.00 SL - 150.70
Long
by WhosPipsAreTheseAnyway
GBP/JPY| Potential Upward Movement 🚀 Technical Analysis: The pair has succeeded to find buyers around the 153.77 USD mark where it broke the bullish pennant to the upside. A lower correction is expected to the support before a huge rally to the upside in the same direction of the main trend and toward the target profit mentioned below. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 153.79 Take Profit @ 154.58 Stop Loss @ 153.41 Trade Safely 🙂
Long
by Forex-Robot-Nation