Gbpjpylong
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 - Short after retracement ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement firstly to fill the imbalance higher and then to look for a short if price rejects from bearish order block + institutional big figure 183.000.
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GBPJPYGBPJPY was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 181.80 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
GBPJPY 4H (Pivot Price: 182.68)GBPJPY
If the direction stabilized under 182.68 it will touch 182.13 then 181.72 then 181.02
if the direction reversed above 182.68 and closed it will touch 182.45 ,183.88 then 184.34
Pivot Price: 182.68
resistance line : 182.45 ,183.88 ,184.34
support line: 182.13 ,181.72 ,181.02
timeframe:4H
GBPJPY Analysis. Another day trade signal!Hello Everyone. I want share my idea about GBPJPY pair which is signal from me.
After strong bearish moments of GBP i still looking that pair bullish. the reason is weakness of JPY index which don't have bottom and coming pretty strong down at all timeframe.
Here why i decide open long position the reason is after strong bearish movement GBP found some support level which stopped price fall and at second test we saw pretty strong price up movement which tested broke daily support level but rejection was not strong. for that i think it will continue up movement to second daily resistance which is perfect for day traders.
Open Long Position - 182.000
Stop Loss - 181.500
Take Profit - 183.670
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
GBPJPY 4H (Pivot Price: 181.59)GBPJPY
If the direction stabilized under 181.59 it will touch 181.13 then 180.75 then 180.17
if the direction reversed above 181.59 and closed it will touch 182.48 ,183.13 then 183.44
Pivot Price: 181.59
resistance line : 182.48 ,183.13 ,183.44
support line: 181.13 ,180.75,180.17
timeframe:4H
GBPJPY week 25.09 - 29.09.2023Short term: GJ seems to be following the downtrend
But below, GJ has a Quasimodo liquidity zone forming.
It looks like this area is quite solid.
To create a clear uptrend, we need GJ to at least be able to break above the Sellzone.
Plan :
Canh buy: 179.55 and 178.8.
Canh sell: 182,995/ 183,675
If Sell picks up first, the Buy bet is still valid.
If Buy picks up and the train runs, consider reducing the order volume.
Maybe the liquidity will be enough for a pull up
GBPJPY 20/09 MovePair : GBPJPY ( British Pound / Japanese Yen )
Description :
Symmetrical Triangle in Short Time Frame as an Corrective Pattern and it has Breakout the Lower Trend Line and Completed its Retest it will Reject from Lower Trend Line of Corrective Pattern " Falling Wedge " in Long Time Frame or Fibonacci Level - 61.80%
GBPJPY 4H (Pivot Price: 183.12)GBPJPY
stabilizing above 183.43will support rising to touch 183.80 then184.24 then 184.66
stabilizing under 183.12will support falling to touch 182.53 then 181.52
Pivot Price: 183.12
Resistance prices: 183.80 & 184.24& 184.66
Support prices: 182.53& 182.02 & 181.52
timeframe: 4H
GBPJPY: JPY traders attempt a recovery!The GBP/JPY pair slid to a new five-week low after touching 182.51 on Thursday, falling off 184.00 in the final trading session of the week.
The British Pound (GBP) has struggled to develop further momentum against the Japanese Yen (JPY) recently, with the Guppy marking a move towards the 50-day Simple Moving Average (SMA) after failing to maintain maintained the key level of 186.00 at the end of August.
GBP/JPY marked its 2023 low in early January when the pair traded into the 156.00 region. GBP has done a good job of taking advantage of JPY's weakness since then, with Guppy still up around 17.50% on the year.
GBPJPY: today!As long as 185.76 resistance holds, further decline is expected in GBP/JPY. Break of 182.66 will resume the fall from 186.75. Sustained trading below 55 D EMA (now at 182.39) will argue that it’s already in a larger scale correction and target 176.29 support next. On the upside, break of 185.67 resistance will indicate that the pull back from 186.75 has completed. Further rise should then be seen through 186.75 to resume larger up trend.
GBPJPY: focus on the UK GDP releaseThe BoE has actually adopted a more cautious stance recently, as is clear from Governor Andrew Bailey's statement that the central bank is approaching the peak of its interest rate hike cycle. Despite persistent inflationary pressures, the BoE faces a delicate balancing act, as being too aggressive with interest rate hikes could endanger the UK economy.
SELL GBPJPY zone 184.400 - 184.500
Stoploss: 184.850
Take Profit: 183.700 (backtest breakout)
Take Profit: 183.000 (support zone)
GBPJPY: So perfect chart!The GBP/JPY pair is on track to end the day close to its starting point, as market fluctuations caused the Guppy to trade back and forth due to changing sentiment. Traders of Pound Sterling (GBP) are preparing for a data-heavy economic calendar in the United Kingdom (UK) during the first half of the week. Meanwhile, broad-market support for the Yen (JPY) has increased following comments from officials at the Bank of Japan (BoJ) over the weekend, suggesting that negative rates may come to an end in Japan.