Gbpjpysignal
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.
GBPJPY fish is swming to the upside!!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 has formed a Fish pattern!!GBPJPY is showing strong bullish momentum in all timeframes. Currently, it is over daily and weekly resistance and already tested once as support on the daily timeframe and formed a Doji.
If this instrument opened with a gap to the upside tomorrow, we may see an aggressive move to the upside. Or we may see another retest of the daily resistance( 156.05) as support and may start to move up.
On the other hand, If it is a false breakout to the upside, we may see a big candle to the down. If so, we will wait for a retest fo the broken resistance ( 155.80)and will look for short.
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GBPJPY- Bullish divergence and oversold CCI Analysis-
The CCI (50) and Woodies CCI below zero level in Woodies CCI in the 4 -hour chart. It confirms the bearish trend.
Technical:
The immediate resistance is around 152, any break above targets 152.25/152.75/153.35/154. Significant bullish continuation if it breaks 155.30. On the lower side, near-term support is at 151. Any indicative violation below targets 150/149.
GBPJPY continues to trade lower for the past three days and lost more than 300 pips on the weak Pound sterling.
DISCLAIMER: ((trade based on your own decision ))
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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.