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Gbpjpyprediction

GBPJPY: 3 Months Overview A Big Dump Coming Up! Dear Traders, After looking at the bigger timeframe in this case we used 3 months timeframe, we have identified similar pattern that occurred in market in last few years. If we see, we can continue to see growth in price towards 219 to 222. These two areas remain crucial for swing sellers where we can see price dropping heavily. Please use this analysis, as a overview and future of the pair. Do not solely use this analysis as our other normal chart analysis. Team Setupsfx_
by Setupsfx_
19
GBPJPY Technical Analysis and Trade Idea👉 Examining the GBPJPY on the daily timeframe, we can see it’s in a bullish trend. It has reached a key resistance level, and while I’m interested in going long, I won't do so at the current level. Just below the current trading level, there’s a bullish imbalance on the 30m timeframe along with a bullish order bock. I prefer waiting for a retracement to the 50-61.8% Fibonacci level that happens to coincide with these levels for an ideal entry. In the video, we discuss the trend, market structure, price action, and other important aspects of technical analysis. Please note, the video is for educational purposes only and not financial advice. 📊✅
Long
by fxtraderanthony
2
GBPJPY: Month-Long Bearish Outlook Revealed!Greetings Traders! Brief Description🖊️: The market's movements are governed by smart money, which controls the majority of liquidity. It is not governed by retail traders. They dictate market terms, while we trade patterns they generate. Smart money has two primary objectives: order pairing (entering the market against liquidity) and order booking (scaling out their positions). Due to their substantial liquidity, smart money enters the market against large amounts of liquidity, typically found on higher timeframes. This movement is necessary for them to enter and exit the market, driving market dynamics. Market Analysis📉: Currently, on GBPJPY, buy stop liquidity has been taken, indicating that smart money has entered their positions in a premium. The expectation is a draw towards the downside, targeting significant liquidity areas such as relatively equal lows and trendline liquidity. The daily bearish order block is expected to resist price, initiating bearish institutional order flow. Things We Have Seen👀: Relatively Equal Lows: These areas possess substantial liquidity, making them attractive targets for smart money. Sell-Side Liquidity: A significant amount of investments exist at these lows. Engineered Trendline Liquidity: More investments exist at these lows, increasing the plausibility of the market drawing towards this level to absorb the existing liquidity. What's Important Now❗: Stay observant of how the market reacts at these critical levels. Understanding the objectives of smart money can provide valuable insights into potential price movements. Best Regards, The_Architect
Short
by The_Archi-tect
GBPJPY I Potential intraday buy from bottom of the channel 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
USD and GBPJPY Pullback trade OANDA:GBPJPY took a hit on monday falling upto 0.5% and I expect the pair to close on red on this week. Bank of Japan will be trying to have the situation in control and to prevent the currency from falling past beyond repair. FX:USDJPY also expected to take the same path after it failed to beat previous highs around160 mark. A fall in OANDA:GBPJPY Will bring 193.000 to 191 points under focus will FX:USDJPY will likely to test 150 t0 152 zone. On the upside scenario a break of 200.600 support for GBPUSD will likely test 203 to 205 as it moves towards 210. Same case scenario for FX:USDJPY If it moves past 158 and 160 high then it will advance to 163 and 165 ****************************************************************************************88 Always conduct your analysis before placing any trade and use a hard stop loss
Short
by alonso780
2
SHORT GBP/JPY from 199.70The high of 200.55 back on 24th April saw a deeep and rapid decline in GBP/JPY. I SHORTED this pair at 200.18 at the end of May and exited when the price started to head north. I SHORTED again after when the price returned to the 200 level and exited for 80+ pips when the price hit the 200 EMA on H1. 2 candles ago GBP/JPY BULLS pushed the price back above the 200 and the last H1 candle was a wide doji indecison candle as was the last H4 candle. It cannot be ruled out that GBP/JPY BULLS wont push the price higher from these levels, the signs are that any move higher presents an opportunity to SELL. The H1 Andean OScillator is signalling SELL on H1. The last 4 H1 candles have closed near the 200 EMA. The RSI is heading south on H1. The MACD is signalling SHORT on H1 and is moving under zero. It has to be remembered that all JPY pairs are in an uptrend. GBP/JPY has been heading north since August 2020 so this pullback is just that - a pullback to lower ground. How deep is the question. Previously we've seen GBP/JPY pull back to the 50 EMA on D1 which comes in at 196.00 are so its well possible that this level could be reached but news over the next few days will impact direction. Today we have Final Manufacturing PMI and ISM Manufacturing PMI out of the US. Its unclear how much this pair will be impacted on the print so tighten stops just to be safe.
Short
by forextraplaces
GBPJPY SELL | Idea Trading AnalysisGBPJPY is moving in an ascending channel. The price has an opportunity to test the resistance zones. If the price cannot break through the resistance level, it is expected that there is a chance that the price will fall.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Short
by TheGrove
3
GBPJPY: Possible Start Of Bearish Move? Read To KnowDear Traders, GBPJPY from our previous chart analysis on gbpjpy, the price moved as we hoped for, however, after looking at the recent market behaviour, we realised that JPY Pairs will start turn bearish. JPY is currently retesting a very key level where we can see a vast amount of interested coming in from whales to pump the currency, even BOJ is likely to intervene as if JPY drops further it will likely to cause economic instability within the county of Japan. **If you like our work please like , comment and follow us which will encourage us to bring you more ideas**
Short
by Setupsfx_
38
GBPJPY Technical Analysis and Trade IdeaOn the daily timeframe, GBPJPY has demonstrated a strong bullish trend. Our main goal is to identify a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as discussed in the video analysis, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, insights into price action, market structure, and a potential trade setup. Always exercise prudent risk management when trading, and remember that this information is purely educational and not financial advice.
Long
by fxtraderanthony
GBPJPY: The USD stabilized at the end of the week, the British PThe greenback steadied on Friday after dropping floor withinside the preceding consultation on susceptible jobs records, whilst sterling edged up following stronger-than-anticipated boom figures. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling simply better at 105.115. The USD is heading in the right direction for small profits this week The USD steadied on Friday and is on route to advantage barely this week after falling on Thursday after records launched displaying a larger-than-anticipated advantage in subject matter records unemployment blessings request}} weekly. This proof of a cooling US hard work marketplace has strengthened a few expectancies that the Federal Reserve will start slicing hobby costs in September. Still, hard inflation stays the Fed`s foremost factor of contention, with a chain of officers caution of such remarks this week which have boosted the greenback this week. San Francisco Federal Reserve President Mary Daly stated Thursday that there is "considerable" uncertainty approximately in which U.S. inflation will head withinside the coming months. She added: “In a state of affairs in which inflation stays at... levels, with out in addition development being made, it isn't always suitable to begin adjusting costs until we see a slowdown withinside the hard work marketplace ”.
Short
by Chart_MasterPro
GBPJPY Potential MONSTER Trade Opportunity!Do we have a potential monster trade opportunity in front of us? If the trend reversal on the higher time frame sticks, we could have an opportunity to get in right at the base of a next major move! In the chat we are looking at a bullish break of market structure. We discuss the trend price action and some concepts around building a position early on in a higher time frame trend shift. As always the information is for educational purposes only and not to be construed as financial advice.
Long
by fxtraderanthony
6