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Gbpjpylong

Don't miss the great SEE Opportunity in GBPJPYCurrent Market Structure: The price is moving upwards in a clear uptrend. After a recent pullback, it seems to be heading towards a support level near the 192.450 area, marked by the blue line. Trade Setup: Support Zone: The grey-shaded area below the blue line indicates a potential support or demand zone, where buyers are expected to step in, between 191.550 and 192.450. Long Entry: The chart suggests waiting for the price to dip into this support zone before entering a long position. Target Zone: The green shaded area above indicates the profit target of around 195.950. Bullish Outlook: The expectation here is that after testing the support zone, GBP/JPY will reverse upwards toward the target at 195.950, indicating a bullish continuation after a minor retracement. This setup presents a buying opportunity around the support area (191.550–192.450), with a clear target near 195.950, aligning with the uptrend.
Long
by forexcitysignal
GBPJPY - Look for Continuation Long (SWING) 1:6!GBPJPY has rebounded from the HTF support level, breaking the trendline in alignment with a bullish market structure, indicating strong buying activity. There's currently no sign of reversal. On the HTF, a solid double bottom has formed, suggesting market sentiment may push the price higher. This is further supported by the recent BOJ decision, showing no urgency to raise interest rates, reinforcing the bullish momentum. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Long
by S-Fx_
GBPJPY Technical Analysis and Trade Idea👀 👉 GBPJPY has recently broken market structure to the upside, indicating a potential bullish opportunity. This breakout is clearly visible on both the daily and 4-hour timeframes, signaling the possibility of a developing buy setup. In this video, we’ll dive into the market structure, analyze price action, and focus on the prevailing trend. Additionally, we’ll outline a potential trade setup, conditional on price action confirming our projected scenario. Disclaimer: This material is for educational purposes only and does not constitute financial advice. 📊✅
Long
by fxtraderanthony
2
GBP/JPY Technical Analysis - Rising Channel and Fibonacci LevelsI'm tracking GBP/JPY on the 1-hour chart . The pair has been trading within a well-defined ascending channel and is approaching key resistance levels. I’ve plotted Fibonacci levels to watch for potential corrections. Price is hovering around the 61.8% retracement , which is often a significant support zone. Price continues to respect the upward trendline, which reinforces the bullish momentum as long as it holds. The next level of interest is around 193.00 , aligning with channel resistance and key horizontal levels. If the price breaks above this area, it could head higher toward 194.50 . If the price breaks below the trendline, I’ll be looking at the 50% Fibonacci level as a possible next support at 190.00 . Overall, I'm bullish for now, but cautious of a potential retracement if the price fails to break out of the channel.
Long
by War_Z-one
GBP/JPY - Swing trade - Long - 1:3.33 RR📈 Trendline Break and Retest Setup I'm sharing a potential long trade idea based on a clean trendline break and retest. After a sharp downward movement, price has broken through the descending trendline, signalling a possible reversal. 🟢 Trade Plan: Entry: Waiting for confirmation of a retest around 189.358 before entering long. Stop-Loss (SL): Positioned below the recent swing low at 183.721 to protect against downside risk. Take-Profits (TP): TP1: 193.490 - First resistance area where I'll also move my SL to breakeven. TP2: 199.480 - Key level above to watch for further upside. TP3: 208.120 - Final target if the bullish momentum continues.
Long
by PipShiesty
4
GBPJPY - going long seems like a good idea.The FOMC news and press conference today left the charts in a bit of a mess. We do have NZD and AUD news soon, so I don't even want to look at those currencies. One chart that makes sense to me is GBPJPY. The daily chart is bullish, current week is strongly bullish and H4 is making higher lows & highs. If I see a pullback to about 186.50, I am happy to go long. This pullback would also get the 20sma closer to price providing a good entry location and smaller stop. This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Long
by Trading_Vista