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 159.78. Also, according to the GBPJPY STRUCTURE, it can move up to the 167.38 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.
Gbpjpybuy
GBPJPY BUYThis Analysis is very Simple to understand, breaking it down educationally, on the HTF we are Currently on a Strong Support zone, which is also giving us a good price confluence about GJ showing that we are on A buy Side or on a Bullish Side, so breaking down to D1 and 4HR TF, price created a reversal Pattern W creating HH & HL so then breaking down to the 30m and 15m TF we have a trend line breakout and we are on a retest level, we would buy only When price gets to our entry LvL so let’s wait patiently. This is my Idea on GJ this coming week thanks, and follow me for more Analysis.
GBPJPY 2 SCENARIOS GBPJPY has broken out resistance and retested last week friday. We had a big push to the upside resulting in a big rejection on the following resistance highlighted that caused price to fall to fridays starting daily low. If we can hold above highlighted support zone i can expect price to go to highlighted zone to clear highs. If we cannot hold support i expect a big fall in price to next support zone.
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 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.
GJ waiting... GJ - looking for continuations/sells on the 4/1H, targeting that HTF trend line $$.
I won't be looking for buys until we get a break on top of the 164.100 level.
Once support is established with the retest, I'll be looking for buys up to the 1/4H high (with the anticipation that we will break them based on the daily/weekly candles), then up to 165.000. If that level breaks, I'll take it up to the weekly high to fill in that imbalance around the 165.600 level!
Let me know your thoughts!
GBPJPY- 1100 PIPS SELL SETUP!Dear Traders, hope you are having a great week, let's get this trade together expecting price to continue to fill liquidity voided area. You can also see the accumulation that occured in last few weeks, let's how this one goes will keep you updated!!
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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.