Gbpjpytrend
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY DOWN SIDE WAVE has reached 60 ++ PIPS. MARKETS have moved DOWN SIDE from the same mine we have provided.
- JPY has weakened slightly as VIX is slightly down. Due to this, STOCKS and XXXJPY CURRENCY were slightly BUY. GBPJPY also became BUY because of that. But now there is a RISK ON BIAS. So GJ can still be BUY.
- Currently, GBPJPY can move up to the LEVEL of 163.428. Also, if GBPJPY STRUCTURE BRAKE, it can move up to 159.500 LEVEL. Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. gbpjpy
GBPJPY Long: Price Bonus Back from Support & 3 White SoldiersTrend: Bearish
Candles: Three White Soldiers.
Support & Resistance: Price moves up after testing the support.
Fibbonaci Retracment: Tp is set to 0.5 fib levels.
GBPJPY Risky Short! GBP-JPY is going up to retest
A horizontal resistance level AT 164.204
From where I am expecting
A local move down
Towards the Target level at158.244
GBPJPY H1 IDEAin the H1 chart, we can see that moving averages are about to cross what is indicating to the downside. According to the Fib retracement price may reach 161.103. If it breaks then it will reach 160.318. Then it can go to the upside again.
GBPJPY Will Go Higher !!GBP-JPY broke out of the falling channel
And because the pair is oversold
I bullish move up is to be expected
With the target of retesting the supply level above (156.6)
GBPJPY Hrly long | Algo training GBPJPY hrly long
buystop @ 156.550
TP #! @ 157.122 81.63% wr
TP #2 @ 157.749 57.14% wr
SL @ swing low 155.467 16.33% hr
View more trades on my profile and on Bifrosttrades
GBPJPYHello traders. Due to the failure of the trend line, the price is expected to decrease by 80 pips in the first target and 130 pips in the second target. Be profitable
GBPJPYHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze GBP/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You..
GBPJPY BUY AREA!Waiting for price to come back and reject my buy area of 149.700 for the confirmation to take longs! Price making some nice moves early this week so we could be in for a big one! But as always make sure you have the risk capped and you are sticking to your trading plan.
GBPJPYPositive divergence in 30 minutes Time Breaking trend line in 5 minutes Time Minimum Target price May 1
gbpjpy Hello. As the long-term uptrend line is broken and the price is falling in a downtrend So any climb inside this channel is a good opportunity for fast and sharp falls
GBPJPY SHORT TRADE AGAIN!Got some nice positions on this pair yesterday and took 50% profit at 153.500 then got stopped at breakeven with the remainder. Ive entered shorts again off that 154.000 resistance and hoping to see price attack that support again at 153.500 and possibly lower, bit of a slow week so will be taking some profits again at 153.500
GbpjpyGBPJPY
Here we have the chart of GBPJAY I am going to short from here because on the monthly time frame it touched the strong resistance And if we see one the other side we easily can see that GBPJAY running on the parallel channel and given breakout
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Thankyou
I hope from this trade you will get some green pips 💲💲🤪
GBPJPY AnalysisLooking at the weekly timeframe, GJ has been in a flag correction since the beginning of May, following a very strong impulse from mid March this year. Price has given us 3 touches on our resistance trendline confirm that price is respecting it. price has since fallen off this 3rd touch (as seen on the chart above). We were in a correction phase until price broke out with great momentum (represented by the length of the candles on H1) but was also quick to reverse back into the correction pattern. However, on the H4, its not really final as to what price wants to do. Im waiting for either a daily candle close or H4 close to support my bias. Overall I am anticipating a fall in GJ.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial.
#Trade_Like_A_Magnate
What i'd love to see on GBPJPY!Two touch of my trendline to give me my A set-up. Lets see how this probabilities plays out
GBPJPY next uptrend?My first material to monitor my analysis for educational purpose.
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GBPJPY FORECAST UPDATE* Trade hits TP 1 about 100 pips / 1000 points *
I partially closed my positions, moved SL level to a better RR and let the rest run.
