GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Gbpjpytrade
BUY TRADE SETUP ON GBPJPYHey Traders,
Check out this technical analysis on GBPJPY; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.
Keep a close eye on this.
GBPJPY H4 / SHORT TRADE ACTIVE ✅💡Hello Traders!
This is my idea related to GBPJPY h4. I see the FVG fully closed and I expect a bearish retracement. I will execute this trade as it confirms the retracement from the OB.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
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GBPJPY H1 / Long Entry Confirmation ✅Hello Traders!
This is my idea related to GBPJPY H1. I see a confirmation for a long entry after the retracement until the price of 189.700. It reacted perfectly from the OB H1 and I expect to see a bullish move until the price of 190.600.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
GBPJPYPair : GBPJPY ( British Pound / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame with the Breakout of the Trend Line
RSI - Divergence
Completed " 1234 " Impulsive Waves and Rejection from Fibonacci Level - 38.20%
Bullish Channel as an Correction in Short Time Frame
gbpjpy sell GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical analysis when trading this pair. For the latest GBP/JPY news and Pound - Yen forecast, follow our expert articles.Japanese Yen Forecast: Brighter Days Ahead; Setups on USD/JPY, EUR/JPY, GBP/JPY gbpjpy confirm signal
GBPJPY I Potential intraday long from support 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.
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GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 and USDJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 → Seesaws at around 186.00- GBP/JPY's modest gain reflects cautious market sentiment ahead of important UK economic releases.
- Technical analysis suggests bullish trend intact; breach above 186.00 could open path to 187.00 and 188.00 resistance levels.
- For a downward shift, sellers need to push the pair below 185.00, targeting the 183.39 low and 182.45.
GBPJPY Rejecting the daily ZoneFX:GBPJPY can be seen bouncing off the daily zone for the 3rd time. Will this trigger a bearish move?
My opinion, if the most recent low (@183.107) is broken and retested then I'd go in for a short but until then, keeping my fingers crossed
#GBPJPY
Do your due diligence, past results does not guarantee future results
SELL TRADE SETUP ON GBPJPYHey Traders,
Check this analysis out on GBPJPY.
I have couple of plans on Gold and i am looking forward to BUT on a short term. then look forward to more SELL trade plan since the pair is sill below the weekly Key Zone.
I will take an alternative entry if that play out also,
Keep a close tab on this.
#gbpjpy #GJ
GBPJPY → Remains on the defensive despite reclaiming 185.00FX:GBPJPY recovered some ground, but it remains trading with losses of 0.31%, late in the North American session, due to risk-off impulse as investors slashed bets the US Federal Reserve would cut rates as aggressively as traders expected. The cross-pair is trading at 185.86 after hitting a daily high of 186.54.
The pair dipped to a nine-day low at 185.08 before bouncing off those lows but it is hovering around the 185.80s area. That said, Monday’s price action is forming a hammer, which implies the GBP/JPY could retest higher prices. The first resistance would be the 186.00 figure, followed by the Tenkan-Sen at 186.86. Once cleared, the next resistance would be 187.00.
On the other hand, a bearish resumption could happen if GBP/JPY sellers drag prices below 185.00. That would pave the way to test the Kijun-Sen at 184.71, followed by a support trendline at around 184.25/35, before falling to the 184.00 mark.
GBPJPY 04/11Pair : GBPJPY ( British Pound / Japanese Yen )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame. It has completed the Break of Structure and " 12345 " Impulsive Waves and making its " a " Corrective Wave at the Lower Trend Line. Divergence in RSI
Entry Precautions :
Wait for the Breakout / Rejection of LTL
GBPJPYThe FX:GBPJPY retreats on Tuesday by more than 0.20%, as the Japanese Yen (JPY) appreciated further against most G8 FX currencies. Market participants estimate that central banks in developed countries would cut rates, boosting the appetite for the Yen's safe-haven status and Gold. Therefore, the pair is trading at 187.24 after hitting a daily high of 187.87.
Even though the GBP/JPY remains bullish, price action during the last couple of days, has formed a ‘double top’ chart pattern, implying that lower prices are coming. Nevertheless to confirm the pattern, the cross must drop below the November 21 swing low at 184.46, but sellers must breach support levels on its way to the latter.
The first support would be the Tenkan-Sen at 186.55, followed by the Senkou-Span A at 185.63. A decisive break, the pair would dive to the Kijun-Sen at 184.71, before testing the latest cycle low. Once done, the ‘double top’ chart pattern targets the 180.50 area.
On the flip side, if GBP/JPY buyers reclaim the November 28 daily high at 187.87, that could open the door to challenge the year-to-date (YTD) high at 188.80.
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
GBPJPYFX:GBPJPY last came to this area back in November 2015. Although there seem to be some form of rejection around the 184.839. It is very possible that the now found support (based on H4) just might hold however I will rather wait for it to break out of the most recent resistance at 185.522 and retest before I take a buy. Equally the short scenario is very possible and I will rather it breaks out of the now found support at 184.839 and retest it before taking a short, until then, fingers crossed
Rebounds from weekly lows, eyes 186.30sFX:GBPJPY snaps four days of losses, climbs 0.31% in the late Tuesday North American session, and exchanges hands at around 186.00 after bouncing from daily/weekly lows reached at 184.45.
The GBP/JPY daily chart portrays the pair as neutral biased, as the slope of the Tenkan and Kijun-Sen shifted flat, which could open the door for range-bound trading. On the upside, the pair’s first resistance would be the Tenkan-Sen at 186.37, followed by the 187.00 figure, ahead of the year-to-date (YTD) high at 188.24.
On the other hand, if GBP/JPY drops below the Kijun-Sen at 184.52, that would pave the way to test the Senkou Span B at 183.15, followed by the bottom of the Ichimoku Cloud (Kumo) at 181.75.
Pullback from YTD highs, as evening-star loomsFX:GBPJPY retraces from weekly highs reached on Wednesday at around 188.24 and hovers around the 187.00 figure late in the New York session, as a three-candle chart pattern emerges that could warrant further downside pressure on the pair.
In the near term, the GBP/JPY is consolidating near the year's highs, though it’s forming an ‘evening-star’ chart pattern. However, sellers must reclaim the Tenkan-Sen at 186.41, alongside the November 14 swing low of 186.04 to exacerbate a deeper pullback below the Senkou Span A seen at 185.47, ahead of the Kijun-Sen at 184.52.
On the other hand, if buyers reclaim 188.00, that could open the door for further upside, with buyers targeting the year-to-date (YTD) high at 188.24, followed by the 190.00 mark.
GBPJPY → Struggles around 188.00, on soft UK inflationThe British Pound (GBP) remains steady against the Japanese Yen (JPY) during Wednesday’s mid-North American session after reaching a daily high of 188.24; the pair has fallen below the 188.00 mark, courtesy of weak inflation data from the UK. Therefore, the GBP/JPY hovers around 187.94, virtually unchanged.
From a technical perspective, the FX:GBPJPY is upward biased, but a daily close below 188.00 could pave the way for a deeper pullback, which could extend toward the 187.00 figure. If sellers push prices below that level, the next demand area could be the Tenkan-Sen at 185.75m followed by the Senkou Span A at 185.13. the next support would be 185.00.
On the other hand, the GBP/JPY uptrend would continue if it remains above 188.00, with the first resistance seen at the current year-to-date (YTD) high of 188.28. Sentiment further improvement would put into play the November 2015 swing high at 188.80 before buyers challenge the 190.00 figure.