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Gbpjpysignal

GBPJPY Weekly Analysis 1/5/2023 to 5/5/2023The price currently retesting a major high at 172.071 from 2022 & showing signs of price rejection finding resistance at that high while the price also formed a support at 171.051 on shorter TF. So if price closes below the support on shorter tf then it might continue pushing down as a pullback to retest the next support or uptrendline at 169.229. But if price closes above the recent high then it might continue its bullish run towards the next key level at 174.939.
by mightybullcapital
GBPJPY SETUP Hello guys,As we see gbpjpy is moving bullish and now has reached near to its major daily resistance (167.677 )and there is really good sell opportunity. But as always remember dont enter right now wait until it gives confirmation on daily time frame which i think most probably it will give us at the end of this week or the start of next week than you can enter sell and you can get atleast 300+ pips . Enjoy the profit if you are having any difficulty let us know we will be happy to help you
Short
by ForexExpertt
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future. - Currently, GBPJPY LONG TERM can move up to the LEVEL of 171.000. Also, according to the GBPJPY STRUCTURE, before BUY, you can move up to the 161.60 SUPPORT LEVEL to the RESISTANCE LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
by benny_marshall
1
GBPJPY- A MASSIVE SELL OPPORTUNITY Dear Traders, hope all of you are doing great, we have 900= pips selling opportunity on GBPJPY, currently we had change of the character and price is bearish since last two days. There are two areas that we are targeting at the moment labelled as 'selling zone 1' and 'selling zone 2'. Remember if you are entering, enter with stop loss not more than 40+ pips which applies to both entries. Good Luck and Please do like and comment! :)
Short
by UnknownUnicorn52780235
16
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future. - Currently, GBPJPY LONG TERM can move up to the LEVEL of 159.78. Also, according to the GBPJPY STRUCTURE, it can move up to the 167.38 RESISTANCE LEVEL before SELL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
by benny_marshall
GBPJPY Bank collapse draining GJ Currency Pair : GBPJPY Possible direction : Bearish Technical Analysis : GBPJPY has broken out of the daily support zone and currently on a pull back on the lower timeframe. Price currently gathering liquidity on the intraday by making multiple false breakout and slowly breaking down to create a new lower low. It is highly likely price will continue to drop to monthly support level. Fundamental : Silicon Valley Bank collapsed has given strong boost in Jpy making GBPJPY weaker. Possible trade recommendation : Bearish as per chart sketch Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Short
by ForexWizard01