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Gbpjpysell

GBP/JPYThe British pound cratered against the Japanese yen to reach down towards the ¥154 level at the end of the week. That being said, the market is more than likely going to continue to show signs of negativity, as we have closed towards the bottom of the range, and we have seen a lot of negativity in other markets as well. Keep in mind that the pair is highly sensitive to risk appetite, so as long as we continue to see a lot of negative behavior out there, this pair will fall towards the ¥152.50 level.
Short
by SmoothJB
GBPJPY Sell IncomingAfter analysing the current market conditions and seeing the longer term price action I believe GBPJPY will drop. Price has been distributing since March 2021 and we have seen price range since then and thus I will be expecting a huge move. Over the last couple of weeks I have noticed price re-distributing as a possible LPSY for market to drop. Overall GBP is starting to weaken and the JPY is starting to gain strength hence why this could accelerate the drop for GJ. Thanks for reading and looking at my chart, leave a like, comment and follow for more ideas. DISCLAIMER: I am not a financial advisor and nor is this financial advice. If you trade this pair with me and make money from this, please help support a fellow trader. My cashapp is on the chart! Thank you for your time.
Short
by Turtlesoup_Maestro
2
GBPJPY TRADING PLAN - SELLI am currently in a sell in GJ and I would like to add to the sells when I see a confirmation of downside continuations. If price can break and retest all of the zones then I will add more sells. My tp would swing all the way down, however, I will be taking partials at each zone. My stop loss will generally be 30 pips however looking at how market reacts and price action I will vary my stoploss and may put it above the candle that broke through the zone. A key zone to watch out for a reversal is 152.500. Watch carefully what price does here as it may be a potential long entry if it rejects and provides bullish confirmations. Note that this trade could take a couple of days or weeks so be patient. DISCLAIMER: I am not a financial advisor and nor is this financial advice. If you trade this pair with me and make money from this, please help support a fellow trader. My cashapp is on the chart! Thank you for your time.
Short
by Turtlesoup_Maestro
2
GBPJPY 4H Daily OutlookGBPJPY has taken help around 200-H MA and shown a minor pullback. The pound real pared a large portion of its benefits against the US dollar. Any break above 1.3600 affirms further bullishness. The UK has announced one more 141472 day by day cases lower contrasted with the earlier day-case 179756. The intraday pattern of GBPJPY is bullish insofar as help 155.70 holds. GBPJPY hits an intraday high of 157.15and is presently exchanging around 156.83. Short-term resistance -157.75 Intraday Support- 155.70 DISCLAIMER: ((trade based on your own decision ))
Short
by Goldsignal75