Gbpjpyprediction
GBPJPY BUY TO 183.035I greet you all in the Mighty name of Jesus Christ, currently am seeing GJ buying up TP,183.035 currently it’s safe to enter the trade but if your a-bit hesitant you can enter after a break of that upper zone, there are several Re-tracement levels signifying a move to the upper side, SL 182.443
Gbpjpy First we had a fake out. The fake out chandle made a box. With this box we can sell. Above will be the stoploss.
Fibbo 0.618 on 15m wil be Tp. But a movement to 181.8 is also possible.
182.600/700 could be a reversal point but I think this time it wil break
Melt-up scenario in GBP/JPY. Watch out for a quick fallDear traders, GBP/JPY is on a relentless uptrend for many days now.
The current scenario can be compared to that of a melt-up.
However, if the bears step in now, expect a quick fall in GBP/JPY. Watch
out for a bearish price action to sell and expect price to fall to at least
170. Price is very over-extended from the EMA so, I do not recommend any
long entries at the current level.
GBPJPY SMALL STRUCTURE SELL TO 182.873Hello, i greet you all in the name of Jesus Christ, currently GJ is in an uptrend though there is a small sell opportunity, that we can take advantage of though we need to be extremely cautios set your alerts if that trendline is broken with a break and retest then you can enter that trade
TP at 182.873 and SL at 183.320
USE proper risk management.
JESUS CHRIST LOVES YOU
GBPJPY BULLISH MOVE TO 182.820Hello, I greet you in the Name of Jesus Christ, how are you all doing? This is my prediction I see price moving towards 182.812-820 mark, this analysis is based on Market structure as we have had a whole IMPULSE move then CORRECTION and now onto CONTINUATION mark. There is also a ZONE that I believe should be hit, more so this is minor structure which plays out faster than major structure, on the 15 min I see price MOVING to 182.930 mark and upwards but I love to take things step by step.
GBPYJPY TP LEVEL-182.820 SL LEVEL- 182.235 . USE RISK PROPER MANAGEMENT,
JESUS LOVES YOU
GBPJPY Trade SETUP H4GBP/JPY closed at 182.66. Regarding its resistance, the first resistance area is around 182.90. If it breaks, GBP/JPY may reach 183.33. You can consider selling GBP/JPY if a candle rejects the resistance area. As for support, the first support level is at 181.88, and there is an upper trendline formed as well. If that trendline breaks, GBP/JPY could drop to 180.47. Therefore, it is important to keep an eye on these levels. I hope your trades will be successful and profitable, by the will of Allah.
Disclaimer: The information provided is for educational purposes only and should not be considered as financial advice. Trading involves risks, and decisions should be made based on personal judgment and analysis.
GBPJPY Bullish Flag Breakout!GBP-JPY is trading in an
Uptrend and the pair
Broke out of the bullish
Flag pattern made a retest
And is now going up again
So I am locally bullish biased
Thus, I think the target above
Will be retested !
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.
GbpjpyOur short has been closed. We see price respects the level of 180. There still is some potential to drup further but we'll wait for a break and retest of the zone at the 180 level. Long term we are bullish on GJ. Therefore we'll close our shorts quickly and favour longs. Will keep you updated for further setups. Bias is long for now and waiting for a pullback to get a better RRR. kind regards, Dirk
Bears need to break this level in GBPJPY, +530 Pips potentialHello traders, we are seeing the formation of a resistance
zone in the 4Hour chart of GBP/JPY. However, price is being supported
by the 181.10 level.
Bears need to take out the 181.10 level to accelerate the downtrend.
There is potential for a 530 pips sell in GBPJPY as price is likely to
hit 176.24 as long as the resistance zone holds.
#GBPJPY:UPDATED VIEW NEW TARGET 174-175Hey Everyone, GBPJPY recently have overbought mainly due to JPY continuous bearish impulse. What we want to see here is for price to touch 181 region before it drops until 175 region where our take profit should be placed at.
Please Like and Comment for more. :)
GBPJPY= 179-181 Region to Sell Big🩸Hey Everyone, since our last update on GBPJPY price have continuously going up in other words price being extremely bullish. There is two major reason for it firstly GBP is extremely bullish after recent economic data and JPY which investors are still dumping it due to DXY extension demand.
Wait for price to come to our region before selling it, will update you guys once it's ready.
GBPJPY Trading ideaLooking for a breakout wither upside or downside, more into the sell since price is way to over bought in the higher timeframes. needs to do a correction
GBPJPY Trading Guide. Selling is not yet started.Note : small traders should trade with money management as the pair is highly volatile.
Level to take trades for small trading account holders
Sell 182.150
Tp 181.750
Sell 187.5
Tp 187.0
Sell 190 hold for long 178.
Fundamental Analysis
When everyone is selling GBPJPY, then who is buying it and why it's going up and up without stopping ???
The answer is very simple. Big Investors and traders with technical + fundamental knowledge are not buying JPY. whenever GBP breaks resistance, retest it and start moving up. Simply buy GBPJPY. because JPY is not offering anything to investors then why investors buy JPY ???. Now you get my point. Now we will do some technical analysis.
Technical analysis
Technically the pair is showing overbought sign do expect some correction from 181.8 to 182.350, you can sell pair in this range and hold 50 pips or 500 points easily. but I am expecting bullish rally to 190 & 195 areas To be tested easily in a month or 2 month may be earlier. There we will sell from 190 and our target will be 178. I have mentioned these in the chart also. As Daily chart is bullish but showing highly overbought sign so at 190 psychological mark expect aggressive selling of the pair.
Moreover, Bank of Japan is preparing to Intervene in the Market, so when the intervene will start ??? Bank of Japan is watching USDJPY levels so therefore when USDJPY reaches 150 then they will decide a meeting to intervene again. Apart from that retailers will also plan to wait at 150-152 area and avoid buying here.
So when USDJPY reaches 150 psychological mark, expect BOJ intervene in FX market.
As GBP is also going up without any Reason, therefore GBP will likely to fall heavy against all pairs.
GBPJPY Next Possible MovePair : GBPJPY ( British Pound / Japanese Yen )
Description :
Impulse Correction
Completed " ABC " Correction
Fibonacci Level - 78.60%
RSI - Divergence
Break of Structure
S / R Level
I told you about disaster area done now#GBPJPY... So guys as I told you above our disaster area of gbpjpy ...
And market now smoothly trade above and done your targets ...
Now market have upside area 181.50
That will be market final resistance area ...
A new era will start if market clear 181.50
So don't be lazy and keep close that area ..
It can change the the next story of gbpjpy...
Trade wisely
Good luck .
GBPJPY, expecting down H1i am expecting GBPJPY down move from here by making head & shoulder pattern
#GBPJPY- Multiple opportunities Buy and Sell!-Due to JPY weakness, all the JPY pairs have been overvalued and none of them had any strong pullback. What we are expecting and seeing here is that this strong bullish impulse will continue for another two or three weeks or up until NFP news comes out. Investors are clearly dumping JPY due to DXY is more suitable option at current market condition. If STRONG NFP DATA comes out then we may see another strong bullish impulse leading GBPJPY to 179.00-181.00 region.
-There are two opportunities here, first is to buy when we have minor pullback, this 'buy opportunity' in itself will be 400-500 pips move. Secondly if we misses out on buying then we will have 1000-2000 swing selling opportunity.
-Please Like and Follow for more.
GBPJPY: BOE Gov Bailey SpeaksFundamental technical analysis:
Based on the fibonacci retracement analysis, the current price correction is expected to reach the range of 0.618 to 0.5. This correction is aimed at providing liquidity for the upcoming price surge. Moreover, the RSI and EMA indicators suggest that the upward trend is likely to continue.
Market observation:
Earlier today, Jonathan Haskel, a policymaker at the Bank of England (BoE), made comments that supported the Pound Sterling. In an article published in The Scotsman newspaper, Haskel stated that it is crucial to continue to combat the risks of inflation momentum, and that interest rates may need to rise further.
On Tuesday, the UK's Office for National Statistics is expected to release labor market data. Average Earnings Excluding Bonus, which measures annual wage inflation, is predicted to increase to 6.9% in April from 6.7% in March. The markets have fully priced in a 25 basis points (bps) Bank of England rate hike at the next policy meeting on June 22. Therefore, if there is a low wage inflation, it may be difficult for the Pound Sterling to maintain its lead over other currencies, while the positive effect of a stronger-than-expected reading on the currency may be short-lived.
GBPJPY⚠️ALERT :Reaction from SELL Zone✔️ GBPJPY is expected to fall
✔️ Recommended to consider Selling from the balance and premium level 175.50
Now try to move down with new Sellers.
⚠️SELL the TOPS!!!
GBPJPY: New move of investors!Fundamental analysis
According to the EMA 34, 89, and 200 indicators, the market is currently on an upward trend and is following the price line. It is highly likely that the price may retest the slightly increasing sideways price zone or test the resistance area.
Market overview before news
In addition to the unexpected upturn in mortgage activity, investors should also look for a sustained rise in inflation. These reports pressure the Bank of England to tighten monetary policy. And this is good news for the British Pound, where interest rates and bond yields are lower than in the US.
