GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Gbpjpyforecast
GBP JPY - Why i am looking for Buys?#GBPJPY Analysis for the week. 6th March, 2022
From the Weekly timeframe, Price has gotten to the Demand Zone that broke structure on the left. While Price was on the way to retest the Zone that broke structure to the upside, it gave us the M-Pattern thereby giving us reasons to start looking for buy opportunities to the red target line
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GBPJPY Forcast Testing 21-EMAGBPJPY regained above 155 on the strong pound sterling. GBPUSD surged more than 100 pips from a minor bottom 1.32714 despite the cautious market mood. Markets eye Russia and Ukraine peace talks for further direction. The intraday trend of GBPJPY is bullish as long as support 154 holds.
DISCLAIMER: ((trade based on your own decision ))
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GBP/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/JPY for the new week ahead
GBP/JPY Looking for a pullback in to the order block zone and I will be waiting for a selling confirmation before taking a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
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156 level very important for the GBPJPYThe 156 level is extremely important for the pound yen, if price breaks above it and finds support, we will be expecting price to retest the top of the consolidation channel at 160. Otherwise, we can expect to see price retest the bottom of the channel at 149. We are neutral on this pair.
GBPJPY SHORT (1W)There is a monthly trendline that has been respected both on the monthly and weekly and we want to see price touch the trendline and then push to the downside there after but before that price will move downward, then form a double bottom and shoot up with the bullish momentum to touch the monthly trendline and fall back with a bearish momentum there after.
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