Gbpjpylong
GBPJPY | 4h | Break & RetestGBPJPY has such a great resistance level which is break above and coming back for retesting the resistance for going long
GBP/JPY BACKTEST BEFORE NEXT LEG UPThe British Pound is now retesting a strong support zone. I expect this level to hold and for GBP to move up another leg against JPY.
GBPJPY LONGGJ is retesting a break of resistance that is now support, I expect a push up to local support highlighted. BUY!!!!
GBPJPY STRONG EXPECTED BULLISH IDEAGbpjpy is expected to reverse from here, just tapped at our poi and now we are waiting for a confirmation, remember always wait for confirmation
I am not your investment advisor, just posting my analysis, please do appreciate, constructive criticism is appreated.
GBPJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of GBPJPY .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to continue the retracement to fulfill the imbalance lower and then to reject from bullish order block.
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Simple Buy Bassed On Price Action Hey Traders!
I Am Bullsih On GBPJPY After The Break On Structure ( BOS ) Its Crystal Clear Bullish Good Luck
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.
GBP MAKING GAINS AGAINST JPYThe two lower boxes are your support areas to buy GBP.
The two upper boxes are your resistance zones for taking profit on the 4h.
However we have clearly broken out of our support zone, so you can trade this all the way up to resistance should we make higher highs on the lower timeframe 1h.
OANDA:GBPJPY
GBPJPY Swing Analysis!GBP-JPY broke the key
Horizontal resistance level
And went up so the breakout
Is confirmed therefore
We are now bullish
Biased and I think
That after the
Local correction
We will see some
Further growth
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 are we seeing a new breakout? Hi, traders and TradingView community. The GBPJPY is on our radar today after a solid session from buyers yesterday.
Flash manufacturing and services PMI data came in better than expected and, combined with a mainly weaker yen, gave the GBP a nice boost. Buyers added 1.18% yesterday and broke above resistance, which has started to confirm a breakout of ascending triangle pattern. Breakouts from consolidation patterns can be seen as a good thing, as price has had plenty of time to build momentum.
The next thing we are looking for is further upside that can test or break the downtrend and resistance point (black box). If reached, we would also like to see the old resistance level become support for future seller tests.
164.20 could become resistance; much further above, 168.90 is also seen as possible resistance.
160.50 is seen as short-term support on the current upswing, and we would like to see 162 – 161.80 become support if tested.
If we see price move back into the previous consolidation pattern, this could be a worry. We would like to see new higher lows set up on or above the breakout point to continue to show that buyers hold momentum.
Good trading.
GBPJPY longs soonWith the current rate of the market, there is confident supply and I believe Gj will push to the upside soon.
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 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 Confirmed Double Bottom +400 PipsAfter identifying a potential triple bottom pattern on GBPJPY, I took a long position following a successful retest of the key support level at 157.00. This trade has entered into profit, with the current price at 161.500. Moving forward, I am watching for a breakout above the neckline, which would signal a new opportunity to enter another long position with a target price of 168.00.
Despite negative news for GBP last week in retail sales and interest rate announcements, I believe the post-pandemic deflation process could support a rise in GBP, particularly against currencies like JPY that are facing economic uncertainties. By carefully monitoring price movements and staying attuned to global economic trends, I remain optimistic about the prospects for our trade and the future of GBP.
What is your thoughts?
GBPJPY in a trend of higher lows.GBPJPY - Intraday - We look to Buy at 160.50 (stop at 159.95)
Buying pressure from 160.39 resulted in prices rejecting the dip.
Price action looks to be forming a bottom.
Short term bias is bullish.
The hourly chart technicals suggests further downside before the uptrend returns.
We look to buy dips.
Our profit targets will be 161.90 and 162.20
Resistance: 163.20 / 166.60 / 172.15
Support: 160.40 / 157.65 / 154.20
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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 Trading Plan - 17/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GJ to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPJPY ABCD Bullish Pattern This is JUST An IDEA!
In GBPJPY 30M Have ABCD BULLISH Pattern , When saw Bull Candle Accepted .
Have GREAT day.
GBP/JPYVery simple ... Very clear!
Everything is marked on the chart.
This is my personal opinion. Please do not trade based on my analysis and data.
GBPJPY WEEKLY UPDATE hi all
I'm still slightly bullish on the GBP/JPY trade. I've hit sl and breakeven a few times and also missed a trade. Fundamentally, I believe the market is still buying phase and not a yen phase yet.
Perhaps once there is a clear understanding of ufo, long yen will begin. hahahahhahahaha
I am thus closely monitoring the gbp/jpy resistance level and waiting for the point at which I feel like taking a risk.
My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities.
Like and subscribe and happy trading to all
