GBPJPY Long ✅GJ has broken out of a wedge to the up side, I expect a push up to the highlights areas for a continuation to the down side. BUY!!
Gbpjpylong
GBPJPY LONG - PULLBACK ALMOST OVER!Waiting for a retest of 165.708 to long GBPJPY back to swing highs at 161.954.
If you agree drop a like and if you have any questions leave a comment :)
GBPJPY CHART ANALYSIS POSTED ON SUNDAY 05 MARCH 2023Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Trade safe use proper risk management always.
GBPJPY LONG IDEAGeneral bullish consensus due to past price action shorts being rejected with a quick turn around on selling. Looking for further upside.
Entry at:153.514
Stop Loss at:162.721
3 Potential profits taking areas:
P1:168.306
P2:168.071
P3:167.00
My analysis on GBPJPYPrice is in an overall bullish market, price created a falling wedge inside the bullish trend channel. I'm looking to go long after break and retest of that support and resistance zone.
GBPJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Here we can see that price respected the prediction from previous analysis. We are still bullish here from H4 timeframe perspective, so I am looking for longs from bullish order block + institutional big figure 162.000.
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GBPJPY SHORT TERM INTRADAY IDEAIntraday Analysis - GBPJPY - ( 2nd March 2023 )
No fundamental shift , YEN still weak with its monetary policy and dovish tone. Unless the new elected one implements a change and have a more hawkish tone, i do expect YEN to continue being weak all year.
GBP as stated is also weak economically however in this case, YEN weakness holds more weight. Will be looking at continuation buys on GBPJPY as price just tapped into our key level of interest whereby HRHR buys were called out a few days ago. If you missed it , scalp longs up level by level.
HRHR BUYS AT 164.00
MRMR BUYS AT 164.500
SAFEST BUYS AT 164.800 ( WATCH OUT FOR POTENTIAL RETRACEMENT )
WILL ONLY BE LOOKING FOR SHORT BELOW 162.800
GBPJPY 4Hhr BullishAfter GBPJPY price consolidated for 63 days, it eventually broke out into an uptrend channel forming HHs and HLs.
I'm anticipating that price would continue in the bullish trend except a major fundamentals news which could bring it down to the previous broken key zone
What's your thought?
GBPJPY LONG ✅We are at a strong support price may fall to highlighted zone again and bounce up to marked areas, I’m bullish on this pair BUY!!
GBPJPY WEEKLY UPDATE 24/2 - 3/3Hi all
Weekly recaps:
The price of the GBPJPY has reached the 50% fibonacci level from the previous high of 172.129 and low of 155.350 following a breakout consolidation level (please see earlier post).
GBP/JPY needs to hold above 161.802 until this week's market close in order to continue its upward movement.
So, I expect that price will end the breakout pullback and begin a long position with 164.xx as the target.
Let me know what you think In the comments!
My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills.
Thanks a lot for your support.
GBPJPY Strong buy ✅GJ is in a uptrend channel, it is now retesting a broken resistance that is now support, I expect a push of 200 pips to highlighted area. BUY!!!✅
GBPJPY | UPTRENDGBPJPY | UPTREND
An uptrend in GBP/JPY would typically be identified by a pattern of higher highs and higher lows in the market, indicating that buyers are in control and there is an increasing demand for GBP/JPY. This means that the market is generally moving upwards and that the price of GBP/JPY is likely to continue to rise over time.
Follow for more ideas.
GBPJPY, Confirmed breakot. GBPJPY / 4H
Hello traders, welcome back to another market breakdown.
This is an update on the last indea shared on this pair, where I explained all the reasons why the price might breakout from the range.
Checkout the 4H chart where I look to find my entries. I'll need a LTF confirmation before going long.
Trade safely,
Trader Leo.
GBPJPY- 1100 PIPS SELL SETUP!Dear Traders, hope you are having a great week, let's get this trade together expecting price to continue to fill liquidity voided area. You can also see the accumulation that occured in last few weeks, let's how this one goes will keep you updated!!
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GBPJPY long to 163.590-strong daily support level
-4h structure is bullish
-30 min orderflow changed to bullish
-30 min wick rejections on buy area
GBPJPY BullishPrice strucuter is uptrend, where the price managed to break above daily support level.
The price then retraced and retested the support level which is also 50% of fibonacci retracement level.
4h the price closed with bullish engulfing candle which indicates continuation of the uptrend.
GBPJPY top-down analysisHello 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 - Manipulation Point TradingBias: Long
Market Cycle: 3
Currently in phase 3 of market cycle, we could be heading up to the daily OB,,
The past 2 days there has been no asian-sweep or any large retracement, so we could trade a break and retest of 164.44 above YDH..
Alternatively, a pullback to 163.30, I will also look for long's depending on PA..
GBPJPY Trading Idea: Using Technical Analysis and Market Trends Gbpjpy only see for long term selling for sort term looking for buy only
GBPJPY SHORT TERM TRADE IDEAIntraday Analysis - GBPJPY - ( 28 FEB 2023 )
Will be playing GJ continuation buys from yesterday. Fundamentally both pound and yen is extremely weak. GBP is the weakest in terms of economy this year however due to its government's hawkish stance to change monetary policies to aid in the economy, GBP has a upper hand here as compared to YEN . The Japanese government has been dovish since the start of bear markets and has no intentions to change monetary policy just yet.
Looking at pullback buys on GJ
HRHR BUYS AT 163.500
MRMR BUYS AT 163.800
SAFEST BUYS BREAK OF HIGHS AT 164.500
There will be no sells in play as all timeframe has point towards a bullish bias + fundaments are in play supporting our bias.
We may get deeper pullbacks depending on GBP speakers later during pre NY session. However i do not expect it to hold much weight.
GBPJPY Pullback Buy Strategy 22-Feb-2023GBPJPY finally broke 162 level yesterday. This is a pullback buy strategy as price has not reach the next resistance level around 166 area. The buy area is around 161.2 - 161.7. For entry, best to wait for strong rejection using m15 or m30 bullish candel as indicator
Long Trade Plan for GBPJPYGBPJPY has successfully formed a bullish flag and gave a breakout from the pattern. Buying bets can be undertaken upon retest of the breakout.
GBP/JPY LONGSDemand Zone 8H / 4H
B&R Neckline Structure 8H / 4H / 1H
B&R EMAs 1D / 12H / 8H / 4H / 1H
B&R Interior Neckline Structure 30MIN
