GBP/JPY "The Guppy" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/JPY "The Guppy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated at any price level.
However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 2H period, the recent / nearest low or high level.
Goal 🎯: 198.500 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Fundamental Outlook 📰🗞️
Based on the fundamental & macro analysis, I would expecting a bullish outlook for GBP/JPY "The Guppy" Forex Market
Fundamental Analysis-----
1. Interest Rate Differential: The Bank of England (BoE) and the Bank of Japan (BoJ) have different interest rate policies. A higher interest rate differential between the two countries can make GBP/JPY more attractive to investors, potentially driving up the pair.
2. Inflation Rates: UK inflation rates have been relatively high compared to Japan. Higher inflation in the UK can lead to higher interest rates, making GBP/JPY more attractive.
3. Economic Growth: The UK's economic growth has been slower than expected, while Japan's economy has shown signs of improvement. A stronger Japanese economy can lead to a weaker GBP/JPY.
4. Trade Balance: The UK's trade balance has been in deficit, while Japan's trade balance has been in surplus. A worsening trade balance in the UK can lead to a weaker GBP/JPY.
Macro Analysis-----
1. Global Risk Appetite: GBP/JPY is considered a risk pair, meaning it performs well when global risk appetite is high. A decrease in global risk appetite can lead to a weaker GBP/JPY.
2. Central Bank Policies: The BoJ's monetary policy has been more dovish than the BoE's. A more dovish BoJ can lead to a weaker JPY, making GBP/JPY more attractive.
3. Geopolitical Tensions: Geopolitical tensions, particularly between the US and North Korea, can lead to a safe-haven flow into JPY, weakening GBP/JPY.
4. Commodity Prices: Japan is a major importer of commodities, so higher commodity prices can lead to a weaker JPY, making GBP/JPY more attractive.
Current Market Situation-----
- The BoE has maintained a hawkish tone, while the BoJ has remained dovish.
- UK inflation rates have been relatively high, while Japan's inflation rates have been low.
- Global risk appetite has been decreasing due to trade tensions and geopolitical uncertainty.
Bullish Factors-----
- Higher interest rate differential between the UK and Japan
- Stronger UK inflation rates
- Weaker JPY due to the BoJ's dovish monetary policy
Market Sentiment:
Market Mood: The current market mood is cautiously bullish, with a slight bias towards buying the GBP/JPY pair.
Speculative Positioning: According to the Commitment of Traders (CoT) report, large speculators (such as hedge funds and institutions) are net long the GBP/JPY pair, indicating a bullish bias.
Market Trends: The GBP/JPY pair is currently trading in a range-bound market, with a slightly bullish trend.
News and Events: Recent news and events, such as the UK's economic growth and Japan's economic stimulus, have been supportive of the GBP/JPY pair.
Technical Indicators: Technical indicators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), are indicating a bullish trend.
Disclaimer---Sentiment & Fundamental analysis is subjective and based on publicly available data. It should not be considered as investment advice. Trading forex involves risk, and you could lose some or all of your investment. Always do your own research and consider multiple sources before making a trade.
Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
