GBPJPY Monthly Top Down AnalysisGBPJPY had a very explosive bullish week last week. So this week I'm waiting to see if price will pullback to provide an entry before potentially heading back up again.
Please use your own risk tolerance and analysis before following this trade idea.
😁 Like this video post and comment below what your personal analysis is on this pair.
Safe trading.
Gbpjpyprediction
GBPJPY I It will keep growing Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
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GBPJPY possible buy zone!A minor double bottom pattern has emerged on GBPJPY, precisely on a horizontal support level within the intraday timeframe. This setup appears to present a promising opportunity for short-term scalping.
There is a potential for the currency pair to experience a rebound towards the 184.25 mark.
GBPJPY I Short from resistance and more growthWelcome 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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GBPJPY Long Term SELLING 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 Long Term SELLING 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 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.
Watch out! GBP/JPY inching closer to the hourly resistanceHello trader, in both of my last two ideas on GBPJPY, I advised you to go long in GJ.
Price was at 181.30 back then. So, if you followed you already made over 200 pips
profit.
Currently, on the hourly chart, GJ is inching closer to the hourly resistance at 183.80
zone. If the zone holds and we see the formation of some rejection candles in this area,
then we can expect GJ to fall to 182.50.
Watch out for GBP data later in the day which can trigger big moves in GJ
Bullish base building up in GBP/JPY, Time to look for buys?Hello traders, we are possibly witnessing the a consolidation and building
of a bullish base for GBP/JPY which will propel the price towards 185
and even 188 in the coming days.
Currently, I do not have any open positions in GBP/JPY. However, if price dips
towards the 100 day EMA level near 180, I would definitely consider a buy
entry.
GBPJPY BUYHello, according to the analysis of the GBPJPY pair, there is a good opportunity to buy. With the break of the downward channel as shown in the analysis, we also notice that the price returned to the downward channel to be retested successfully. All these factors confirm that the market is for purchase. good luck for everbody
GBPJPY Long Term SELLING 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
GBP/JPY hourly chart analysis, range trading possibleHello traders, in my previous GBP/JPY analysis I recommended selling
at 182.70 as it was a hourly resistance. If you followed that idea, you
made over 150 pips profit as price reached the hourly support.
Currently, the price has rebounded from the 181.20 hourly support level.
We have the formation of a reversal candlestick and based on the momentum,
we can see price reach 182.80 level once again.
GBP/JPY 1Hour chart analysis, another dip to 181?Hello traders, sometimes, it is necessary to analyze the lower time
frames. So, in this idea, we are going to take a look at the hourly chart
of GBP/JPY.
As you can see in the chart, 182.80 is minor resistance level on the hourly
chart. So far, we have seen 3 price rejections at this level.
So, if there is a formation of bearish candlesticks in this level once again,
expect GBP/JPY to fall to 181.20 again.
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.
GBPJPY Descending Channel Breakout We expect further upside on this pair which is signalled by the breakout of the descending channel pattern. We can also see the formation of a new high and a breakout of a key level which further supports our directional basis. Entry on the retest of the key level.
GBPJPY: Price action and potential setupsGBPJPY remains choppy from a price action perspective with higher highs followed up by lower lows. Much like USDJPY both bulls and bears seem to lack conviction at this stage with the descending trendline growing more vulnerable with each retest.
As its stands and barring any intervention a break above the trendline is growing more and likely as the 100-day MA provides support to the downside. resting around the 181.774 mark.
Key Levels to Keep an Eye On:
Support levels:
181.77
180.00
178.33
Resistance levels:
183.00
184.06
186.72
GBPJPY: Hello traders! The return of Sphyn♦️ Wage pressure in the UK eases, the pound weakens compared to the euro and dollar
🔹 Oil prices stabilized thanks to hopes that the US will ease sanctions on Venezuela
① Oil prices stabilized on Tuesday after falling more than $1 on Monday. US crude oil is currently trading around 86.95 USD/barrel, down about 0.1%. Markets expect the US will ease sanctions on oil-producing Venezuela and Washington is stepping up efforts to prevent the Palestinian-Israeli conflict from escalating.
② Multiple sources said Monday that the Venezuelan government and opposition plan to resume long-stalled negotiations on Tuesday; President Maduro said this would benefit the 2024 election, a move that could prompt Washington to ease sanctions.
③ Oil prices rose sharply last week on concerns that the conflict in the Middle East could widen, with Brent crude prices rising 7.5%, the largest weekly increase since February.
④ US President Biden will visit Israel on Wednesday. Israel is preparing to escalate its offensive against Hamas militants, sparking a humanitarian crisis in Gaza and raising fears of a wider conflict with Iran.
⑤ ANZ Research said in a report on Tuesday, "Risks remain, with Iran's Foreign Minister warning that the war could expand to other fronts and is approaching the inevitable stage ."
⑥ The Biden administration is looking to increase oil flow to the global market to ease high oil prices. But due to a lack of recent investment, it will take some time for Venezuela to actually increase oil production.
Best level to buy GBP/JPY : 178Hello traders, in my previous GBP/JPY Trade idea, I recommended
selling GBP/JPY@183. If you followed me, you made over 200 pips.
Currently, price is slowly drifting lower. In fact, there is a high chance
that GBP/JPY may keep falling towards 178.
At present, I do not have any open positions in GBP/JPY.
However, if price falls to 178 level, I would consider opening a buy trade.