Gbpjpyidea
GBPJPY I It will keep growing Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GBPJPY possible buy zone!A minor double bottom pattern has emerged on GBPJPY, precisely on a horizontal support level within the intraday timeframe. This setup appears to present a promising opportunity for short-term scalping.
There is a potential for the currency pair to experience a rebound towards the 184.25 mark.
BluetonaFX - GBPJPY Ascending Triangle PatternHi Traders!
GBPJPY is in an ascending triangle and is heading for the 183 handle.
Price Action 📊
The market is currently in an ascending triangle with higher highs and higher lows. After the low price rejection, the market has shown bullish price action signs. The market is also currently trading with momentum; the 20 EMA has just been broken with momentum, and we are looking for a close above it.
Fundamental Analysis 📰
The BoJ disappointed the markets with its underwhelming stance on the yield curve. The bank stated that they will maintain the target level of 10-year Japanese government bond (JGB) yields at around zero percent.
Support 📉
180.770 PREVIOUS DAY'S LOW
Resistance 📈
183.758: PREVIOUS WEEK'S HIGH
184.392: RANGE ZONE HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 BUYHello, according to the analysis of the GBPJPY pair, there is a good opportunity to buy. With the break of the downward channel as shown in the analysis, we also notice that the price returned to the downward channel to be retested successfully. All these factors confirm that the market is for purchase. good luck for everbody
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Descending Channel Breakout We expect further upside on this pair which is signalled by the breakout of the descending channel pattern. We can also see the formation of a new high and a breakout of a key level which further supports our directional basis. Entry on the retest of the key level.
GBPJPY Analysis 13Oct2023The currency pair of GBPJPY has recently touched the Fibo area of 0.236 and experienced a bullish move. Currently, there has been a BoS and the Sturcture Market is showing a strong indication of bullish continuation. If the price declines again, it will only be considered a correction from the bullish trend that has occurred. It is important to note that the price decline is within the invalid area limit. This provides further support for the bullish trend that is currently prevailing in the market.
GBPJPY BUYHello, according to my analysis of the gbpjpy pair. The pair is in a positive state. We notice that the market rebounded from the 179.900 area, which is considered strong support. We also notice the formation of a strong candle with a tail indicating the strength of buyers. The price also respects the descending channel as shown in the analysis. good luck for everbody
BluetonaFX - GBPJPY Double Top SHORT IdeaHi Traders!
There is a double top pattern formed on the 4H GBPJPY chart, and there is potential for further moves to the downside depending on whether we get an important support price break.
Price Action 📊
The market has had two price rejections around the 183 level, which is bearish. Although there is very strong support at 181.380, which is our support line, A price break below this level is likely to lead to a momentum break further down.
We are now looking for further bearish momentum to break and close the support line and the 20 EMA to continue to the downside.
Fundamental Analysis 📰
The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low.
Support 📉
181.380: TRENDLINE SUPPORT
Resistance 📈
182.207: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Day trading setup!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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: 400+ PIPS SETUP Do Not Miss Outdear traders, hope you had a great weekend, now back to the business , we are expecting price of GBPJPY to reach the top in coming days, as the JPY will continue the bearish trend. GBP however, it is yet to be bullish as long as DXY remain extremely bullish. It will be hard for the prices to have strong bullish price action.
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
GBP JPY SELLHello, according to my analysis of the gbpjpy pair, there is a high possibility of a downside. The price broke the double button pattern. With a very large red negative candle. It indicates the strength of the sellers. We also notice the rapid return to the bullish channel as shown in the analysis, but it could not get out of it. In the coming days, we expect a further drop to 182,000 levels in the first phase. And the level of 180.00 in the second stage, good luck to all