GBPJPY Long Term Buying 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
Gbpjpyprediction
GBPJPY - Long for trendline liquidity ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we have strong support zone around institutional mid figure 187.500, so I expect price to reject one more time for a bullish move to take trendline liquidity.
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GBPJPY Long Term Buying 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
GBPJPY Trade IdeaThe GBPJPY has reached into a notable resistance level, and the present price seems excessively extended, surpassing previous buyside liquidity. Anticipating a potential retracement, there is a potential buying opportunity if the price retraces within the 50% to 61.8% Fibonacci range. Please be aware that the information shared here is solely for educational purposes and should not be construed as financial advice.
GBPJPY: Asian foreign exchange markets fell, the USD was strongeMost Asian currencies were mildly volatile on Friday but headed for weekly losses, while the dollar hovered near a one-month high amid growing doubts that the Federal Reserve will cut interest rates early this year.
The Japanese Yen was hit the hardest due to concerns about higher interest rates for longer and was also the worst performing currency in Asia this week. The yen fell 0.1% on Friday and is forecast to fall 2.3% this week.
Friday's data showed Japan's consumer price index (CPI) inflation fell to its lowest since June 2022 in December, prompting the Bank of Japan to maintain much of its ultra-extreme policy. his moderation at {{ecl -165||next week's meeting}}.
GBPJPY POSSIBLE FALL ?hi traders ,
since the summer gbpjpy has been trading inside a channel on the daily tf .
we can see the price approaching the sell area where we have a resistance + bearish trendline it is very likely that we see a bearish move from there id wait for extra confirmation.
right now the only comfirmation we have is the close of friday candle that closed as a bearish spinning top and the rsi that is indicating a bearish divergence and weakening of price.
trade safe homies!
GBPJPY - Look for a long position✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we have the same scenario as on other JPY pairs, so I am looking for a long position. I want price to make a retracement to fill the imbalance lower and then to reject from 1H bullish order block + FIBO 0.618 level.
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GBPJPY H1 / EXPECTING A STRONG BULLISH MOVE UNTIL 187.200❗️Hello Traders!
This is my idea related to GBPJPY H1. I expect a retracement from the resistance level at the price of 184.300. We are in an ascendant trend and I will look only for Long entries.
Remember, history always repeats!
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Next move for GBPJPYAccording to what I see in GBPJPY, seems that we had all corrections. Also I think for the price it took more time to reach this level of price if we compare with impulse movement before start of correction. Wave B moved most of wave A, which I think is reasonable as wave A is a 3 wave correction. The time for wave B is a bit more than wave A, and wave C took more time. I put fibo retracement for your reference. Now, let’s see what will happen.
GBPJPY I Impulse Correction with Caution Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBP/JPY Buy idea based on 4-hour chartHello traders, hope you a great New Year! Coming back to GBP/JPY,
we can see that the support level at 178.50 is still intact.
So, as long as price stays above the support level, we can look for buy trades.
Formation of two or more bullish candlesticks in the support zone would
solidify the bullish bias.
I would recommend going long between 178.50-179 with Stop loss below the
178 level and TP1 at 181.50 and TP2 at 184. Note that this set-up would be
invalid if the support zone breaks.
GBP/JPY Testing resistance, potential sellHello traders and the Tradingview community! Previously we had over 140 pips profit
by selling GBP/JPY around the 184.20 level. Currently, GJ is retesting the resistance
level on the 4Hour chart once again.
So, if the resistance doesn't break, we can look for another sell entry in GJ.
Selling GBPJPY@184-184.20 with SL above the resistance level and initial TP at
182 would be a potential sell trade.
Note that the above idea is valid only if the resistance zone stays unbroken
GBP/ JPY ! 10/1/2024 GBP bad news today⭐️Smart investment, Strong finance
⭐️Personal comments NOVA:
The price is approaching the nearest resistance zone, GBP news is also not positive today. Set up SELL signal
⭐️SET UP GBP/JPY PRICE:
🔥SELL zone: 184.000 - 184.200 SL 184.500
TP1: 183.700
TP2: 183.400
TP3: 183.000
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GBPJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
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GBP/JPY approaching resistance, sell if the resistance holdsHello traders and Tradingview Community! During the Asian session yesterday, I advised
you to buy GBPJPY when the price was at 179.40. If you followed it, you have made over
400 Pips profit so far.
Now, at the moment, GBP/JPY is approaching a resistance level. Keep in mind that
the resistance level around 184 is not too strong. That being said, if there is formation
of bearish price action near the 184 level, we can consider selling GBPJPY@184 with
SL above resistance and TP at 181
GBPJPY: The Japanese Yen will likely be the most interesting The new governor of the BoJ, Kazuo Ueda, has not made drastic changes in monetary policy as expected, causing the Japanese yen to weaken against the USD in 2023.
Positive signs appeared in November when the USD/JPY pair fell and bond yields also fell, raising hopes that the BoJ was about to change policy.
The BoJ is expected to make an important policy decision next spring, based on the results of salary negotiations.
If the BoJ does not change policy as expected, the yen could continue to struggle in the first half of 2024.
Although the BoJ may change policy later, this uncertainty will cause the yen to fluctuate widely in the first half of next year.
In short, the prospects of the Japanese yen next year depend largely on the BoJ's decision after the salary negotiations. The lack of certainty could create major volatility in the Japanese currency market.
#GBPJPY: 1500+ pips selling idea! Dear Traders,
+++jpy pairs will drop heavily once BOJ decides on their interest rate and monetary policies which will occur within a week. That data will hugely affect on all the pairs that are link with yen. With long term our aim we are expecting price to be at 165-170 price region.
Please remember this is swing idea and not intraday setup, we share to you so you can have a clear view on GBPJPY.
FX:JPYBASKET OANDA:GBPJPY
GBPJPY top-down analysis Hello 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.