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Gbpjpydaily

GBPJPY Last Moves for Breakout As Here in GBPJPY, it has trend from the past couples of week and now its on the resistance line waiting for breakout or fallen back to retrace one more time, so then from there it starts strengthening or fall more to getout of the trend... Well, It depends on News what will it do. Better to focus on buying from the lower line of trend & hold it but what if it break the resistance then you're happy to take it as a buy for long term. Becareful at this point as it can fall once more as well & then it'll breakout... Everyone want to know what GOLD is doing? I HOPE THIS ANALYSIS GIVES YOU A BETTER IDEA. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBPJPY Chart Analysis: Make or break area!In my previous GBPJPY idea, I told you to buy at 138.20 and target 139.20 level. That trade set-up played out perfectly and my target reached within 24 hours( idea links attached below) Well, currently GBJPY has bounced again from the 100H EMA. If the price manages to stay above it, I expect a continuation of the uptrend till 139.20 and even 140 next week. However, a break below the area that I have highlighted in the chart would be negative for the buyers.
by YourLazyTrader
1
GBJPY multi frame analysisHello Trader, Here is the full analysis of GBPJPY: 1) Monthly - Prices are currently testing monthly support and if it break then it will test the 135.285 level. 2) Daily - We can see a retracement between 23 and 38 levels. 3) Hourly - We can prices are taking support at monthly level. Action With one hour prospect prices seem to be within weekly and monthly resistance and support. One can wait for either one to break and then take positions. If it falls below monthly then 135.196 will be tested and then possible up move will be seen. if crosses 141.028 then one can look for long position. Technical Indicators: Moving Averages Bullish Technical Indicators Bullish Moving Averages Crossovers Bullish How can you support me : 1) Like my idea. 2) Follow me for more analysis Feedback : Please share your feedback in comments and this will help me to improve my drawing and analysis Note : This is purely for educational purpose.
by technicalwhale