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Gbpjpydaily

GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS- FLASH PMI DATA S for GBP is due out today. They will have a huge impact on GBP. It will be somewhat important to us. Then we wait for the change in GBP. This week is nothing special for JPY. So the JPY MARKET goes through the SENTIMENT. - GBP FEATURE is currently at 1.2902 LEVEL. Also the JPY FEATURE stays at 0.0078 LEVEL. GBPJPY PRICE has dropped on DYNAMIC S / R LEVELS. So most likely the PRICE will be slightly UP in the future. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY. - Currently STOCKS are getting somewhat DOWN. And VIX is getting a bit UP. Also COMMODITIES OVERALL DOWN. It's something special. Also BONDS PRICES are a bit GREEN. Also BONDS SPREADS are DOWN. There is currently no CLEAR DIRECTION in the MARKET. Maybe today's Friday because it's MARKETS CORRECTION. Currently the market has a NEUTRAL BIAS. - GBPJPY PRICE can be DOWN to 164.275 LEVEL before UP. Then you can DOWN to 170.027 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
by benny_marshall
GBPJPY OHLC (SELLS) APRIL MONTHLY STRUCTUREPlease support this idea with LIKE if you find it useful.. GBPJPY OHLC Monthly structure In daily timeframe appears to be long-term sells. Possible second leg of “M” pattern Patiently waiting for a TDI CROSS to confirm sells . Also price line and bloodline are both within the Sell pressure zone making this high probability. Runner Tp must be the “OPEN” which is a consolidated Quarter Level for GBPJPY. Bearish divergence from last months high to current market price with wicks indicating rejections. Trade with Caution. Wait for valid entries. Please support this idea with LIKE if you find it useful. P A T I E N C E + D I S C I P L I N E
Short
by PeanutButter
1
GBPJPY (D) SHORTHello, on the daily overall we want to see sells for this week but although I will want to see a proper bullish candle close outside the major trend lines for a proper break and retest. But overall the GJ is sited on 50% retrenchment level which indicates a reservation but also structure does it too show. Although I meant expect a small bullish movement before making the overall move. But either way bears are so ready! Share with me your thoughts. Note : Jesus loves you and died for you❤️
Short
by louisemwesigwa