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Gbpjpychart

GBPJPY:Purchase at dips?!GBPJPY Intraday - We look to Buy at 162.20 (stop at 161.10) We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We look to buy dips. Our profit targets will be 165.40 and 168.40 Resistance: 165.40 / 168.40 / 171.90 Support: 162.00 / 158.65 / 155.60 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
GBPJPY (LONG TERM INVESTMENT)Hello, so today I decided to look into my favorite pair to see the overall movement of this pair and according to my analysis that is solely made on market structure, I foresee GJ going into a bullish move. NOTE : This is overall structure, not minor structure. This analysis is just the overall picture but within the picture there is minor structure which us the right now money. GJ just broke the monthly TRENDLINE and we are looking to see bears take over next month and also retest of the TRENDLINE, and divergence has also been spotted ( circled in red) both on the RSI & Market Structure NOTE: THIS IS OVERALL STRUCTURE BUT MINOR STRUCTURE MOVES ALWAYS OUT FASTER.
Long
by louisemwesigwa
GBPJPY 4H Daily OutlookGBPJPY has taken help around 200-H MA and shown a minor pullback. The pound real pared a large portion of its benefits against the US dollar. Any break above 1.3600 affirms further bullishness. The UK has announced one more 141472 day by day cases lower contrasted with the earlier day-case 179756. The intraday pattern of GBPJPY is bullish insofar as help 155.70 holds. GBPJPY hits an intraday high of 157.15and is presently exchanging around 156.83. Short-term resistance -157.75 Intraday Support- 155.70 DISCLAIMER: ((trade based on your own decision ))
Short
by Goldsignal75
GBP/JPYThe British pound fell a bit last week as we have seen a major “risk off” attitude approach the markets. All of that being said, the market is very sensitive to risk appetite as the Japanese yen is considered to be a major safety currency, while the British pound will gain against it in times of “risk on.” At this point, it looks like there are serious cracks in the marketplace, and a move below the ¥149 level on a daily close could send this pair down to the ¥145 level rather quickly. Regardless, even if we rally from here, the market would have a lot of proving to do in order to become bullish.
Short
by SmoothJB
GBPJPY. 148 inevitable we will see what happens after.We should see the pound yen find short term relief this coming week to retest the 148 levels after which we will and see which side finds more conviction as the bears and bulls wrestle for this extremely important price level. BULL CASE I think it is slightly more likely that the bulls try and push the price back to the 152 area. BEAR CASE However, if the bears find more conviction, we should see resistance near the 149.5 level before breaking down to test the 144 to 145 levels
Long
by IkanBilisCapital