Gbpjpyidea
GBP/JPY Broke Up Trend Line , New Chance To Sell It After RetestThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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.
GBPJPY 4H ProjectionGBPJPY 4H Projection
My view on GBPJPY for 4H.
GBPJPY is falling in a downtrend
Which is a LOT for such a major pair, especially given
That the bulk of the action happened in the last few weeks
So the pair is locally oversold
And I think that those who are in the short trades
Are looking for a level at which to close their positions
GbpJpy- New leg down is probableAfter reaching a high of 157.50, GbpJpy dropped pretty fast to 153 zone.
Now the pair is in recovery and, considering the flag formation from the recent bottom, continuation to the downside is probable.
155.50 is resistance and a good place to search for selling opportunities
GBP/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/JPY for the new week ahead
GBP/JPY IS in a nice correction and I will be looking for the breakout and possible retest before taking a sell trade
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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GBPJPY Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/JPY
TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS)
We have 1 downtrend in yellow that has already been broken only for explanation purposes
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published that were respected.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPJPY will continue declining to the minor demand zoneGBPJPY got rejected at the supply zone and we saw price dropping very hard at the end of last week. I predict more decline in this pair in the coming days as I also predict JPY to gain strength.
I will be looking for short positions with targets to the minor demand level.
Do not forget to show your support with likes if you find this idea helpful.
GBPJPY Descending Channel Pattern.!#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #GBPJPY for 15 MIN and analyzed it then I see that this chart has made a DESCENDING TRIANGLE PATTERN, So I hope #GBPJPY will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
GbpJpy- Strongly bullish structure for 3k pips gainOn Friday I called for a break of support and, in the end, this break proved to be a false one and I closed my sell trade on break even.
As always, when I'm in doubt, I look at the longer TF, and here things are pretty clear, with GbpJpy in a visible uptrend since March 2020.
Also, the 2020 "pandemic low" and 2016 low have formed a nice double bottom on our weekly chart (very clear in monthly also).
At this moment the pair is consolidating exactly in the neckline resistance and considering the 6 months of consolidation the break should be very violent.
If this break will happen to the upside the next target is around 180 and the measured target of the double bottom is near 200, level confluent with a previous high.
Note: This is a very long-term outlook so don't expect 180 in 2-3 weeks
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 ))
GBPJPY Ascending Channel Pattern#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #TATAPOWER for 4 hours and analyzed it then I see that this chart has made a #ASCENDING CHANNEL, So I hope GBPJPY will go downside,
When price retest the supporting line then Nice opportunity for short.
If you have any query then leave a COMMENT.
LIKE and FOLLOW.
Keep Supporting And Thank You..
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.
GBPJPYHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze GBP/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You..