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Gbpjpylong

GBPJPY to find support at previous swing high?GBPJPY - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. Short term bias has turned positive. Preferred trade is to buy on dips. Previous resistance at 184.29 now becomes support. We look to Buy at 184.30 (stop at 183.70) Our profit targets will be 185.80 and 186.30 Resistance: 186.75 / 189.15 / 190.40 Support: 184.90 / 183.40 / 182.40 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
1
GBP/JPY 170 Pips profit booked, more uptrend looks likelyHello traders, if you followed my previous ideas on GBP/JPY you already know that we have been buying the dips below 181. We had a couple of buy positions near 180.80 which generated over 160 pips on each trade. Currently, if you look at the daily chart, you can see that the price has rebounded after moving very close to the 100day EMA . With BOJ keeping the negative rates intact, it will probably weaken Yen in the near term. So, we can expect GBP/JPY to probably reach 187 and even higher. So, my strategy is to buy the dips in GBP/JPY.
Long
by MarcellusLUX
15
GBPJPY Long Term SELLING Trading IdeaHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
2
GBPJPY buy oppertunityThis situation in the GBPJPY market appears to be a clear illustration of a stop hunt and market imbalance: 1. The market is currently in a period of consolidation, trading within a horizontal range on a daily basis. 2. Earlier today, there was an attempt to break below the support level, and the market even traded below that level for a while. 3. However, what stands out is the emergence of a bullish engulfing candle, indicating an imbalance in the market. 4. This particular candle leads me to suspect that the preceding bearish movement might have been the result of market manipulation rather than genuine selling pressure. 5. Consequently, I anticipate an upward move in the GBPJPY market, with a target level of 182.3.
Long
by HUMCRYPTOCLUB
The Bank of Japan is considering adjusting YCC to allow 10-year According to the Nikkei Shimbun, which correctly warned just before the Bank of Japan's last YCC adjustment, after several YCC adjustments, the Bank of Japan realized that it was once again in a trap, and the Japanese government "may take 10 years" It seems that further adjustment is required. It's now possible. ``Bond yields are expected to exceed 1%'' at Tuesday's policy meeting. Long-term interest rates are currently capped at 1%, and the central bank conducts unlimited fixed-rate purchases to keep yields below that level, weakening the yen and further increasing inflation.
Long
by Chart_MasterPro
GBPJPY Long Term SELLING Trading IdeaHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20
GBP/JPY : Are we going to see a bullish reversal?Dear traders, in my previous GBP/JPY trade idea, I recommended you to sell GJ@183.70. Shortly after, GJ continued to fall and went as low as 181.10. So, if you followed my idea, you could have made 260 Pips! (Link to the previous idea has been pasted here below ) Now, as per the current scenario, GBP/JPY is very close to the 100-day exponential moving average level. If price does touch the mav, then I will be looking for buy entries as indicated in the chart. Entry : 180.70, SL below 179 and TP: 185
by MarcellusLUX
3
GBPJPY All data suggests a flag pattern is formingThe USD/JPY currency pair hit its highest weekly closing price in more than 20 years. However, he was unable to close his trade above the big round . This number is clearly a major stumbling block and is being defended, as seen by the decline in volatility as price approaches this number. This may be an important point. A breakout to the upside is more likely than a reversal to the downside, and it can be explosive because it takes time to occur.
Long
by Chart_MasterPro
2