Gbpjpysignal
GBPJPY | Perspective for the new weekFollowing over 200pips profit during the last week's trading session (see link for reference purposes); it is obvious that the GBPJPY pair has been displaying a back and forth set-up within a tight range of 160 and 164 areas. With the possibility of the incitement of a retracement wave, the possibility of a bullish momentum can not be ignored as the key level at 160 remains a strong level for buy opportunity going into the new week.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPJPY | New perspectiveWith a bullish momentum on this pair; I am looking forward to taking advantage of a potential counter-trend opportunity in the form of a retracement phase for the Pound with a take profit target at retracement into the golden zone on the daily time frame.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS- FLASH PMI DATA S for GBP is due out today. They will have a huge impact on GBP. It will be somewhat important to us. Then we wait for the change in GBP. This week is nothing special for JPY. So the JPY MARKET goes through the SENTIMENT.
- GBP FEATURE is currently at 1.2902 LEVEL. Also the JPY FEATURE stays at 0.0078 LEVEL. GBPJPY PRICE has dropped on DYNAMIC S / R LEVELS. So most likely the PRICE will be slightly UP in the future. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY.
- Currently STOCKS are getting somewhat DOWN. And VIX is getting a bit UP. Also COMMODITIES OVERALL DOWN. It's something special. Also BONDS PRICES are a bit GREEN. Also BONDS SPREADS are DOWN. There is currently no CLEAR DIRECTION in the MARKET. Maybe today's Friday because it's MARKETS CORRECTION. Currently the market has a NEUTRAL BIAS.
- GBPJPY PRICE can be DOWN to 164.275 LEVEL before UP. Then you can DOWN to 170.027 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 ( CONSOLIDATION)Hello, currently we are at a foundation level on the weekly chart as seen above, in the chart which usually indicate consolidation if you are to move to the lower time frames you will see that price has been consolidation. You can always trade within consolidation, although always have enough confluences to place a trade to avoid L's. This means you can take and opportunity of both bulls and bears. But you have to always decide a team which means looking the type of trend you want to hope in.
SIDE NOTE: PRICE ALWAYS MOVES IN THREE WAYS , IMPULSE, CORRECTION AND CONTINUATION.
JESUS LOVES & AND DIED FOR YOU<3
GBPJPY bullish trend a minor sell-off.GBPJPY has halted its four days of a bullish trend and showed a minor sell-off.
Technicals:
On the lower side, immediate support is around 161.40,
The minor resistance to be watched is around 162.30, a break above that level confirms intraday bullishness, and a jump to 164 is possible.
buy on 161
SL 160
TP of 164
GBPJPY gained more GBPJPY gained more than 100 pips yesterday on a weak yen.
Technicals:
On the lower side, immediate support is around 161.50,
The minor resistance to be watched is around 162.20, a break above that level confirms intraday bullishness, and a jump to 164 is possible.
good to buy 161
SL 160
TP of 164.
GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 reversal incoming! But buys are still strong. Be carefulThere is a box in the chart which are looking to make or break on the upcoming price of this pair. The room for reversal are big on Daily Chart but not that big on 4H chart, so be careful. A good selling opportunity if it breaks but the buyers are strong as well at the moment. NFA!
GBPJPY Hold Major EMA GBPJPY was one of the best performers this week and surged more than 400 pips on weak yen. The pound sterling regains 1.3200 and markets eye UK retail sales for further direction. Any breach above 1.3300 confirms further bullishness. The intraday trend of GBPJPY is bullish as long as support 159 holds.