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.
Looking for reentry buy. Wait patiently for price to retest the demand area.
Hello all, GBPJPY has been bullish since the beginning of 2020. Recently the price has broken out of the bullish AAD pattern. Currently the price is consolidating in a bull flag in 4H time frame. Also, it is highly likely that the rise will begin from the 38.2% level of the Fibonacci retracement. Thus there are good odds for entering the bullish continuation....
Entered a long last night and still holding but closed 60% of my position so right now im risk free. Hoping to see the bottom holds out or ill be out at breakeven. We'll see if we can find some levels to get in today but there's still risk of the downside. OANDA:GBPJPY
Another long term trading opportunity for GBPJPY! After a deep pull back, more bullish moves are expected on this pair! Any bullish pattern and candlesticks on lower timeframe might be additional proof for bulls dominance! Its a long term journey, patience will be needed for this one!
BUY .....ADDING POSITION GBPJPY is still bullish . 50 Pips TP and -20 Pips SL
GBP was originally thought to be on an uptrend last week, but looks like the actual movement is currently hapenning. We had a huge break and retest of a signification resistance level. Looking to target nearest highs
gbp/JPY is ranging , yesterday setup is still up to date. No panic let the setup comes to you ! No enter in th B.S Zone !!!!!
I love going in and out of the market. Quick 35 pips!
Very strong resistance at 143.400, If we break that resistance looking for target 1 at 143.900 and target 2 at ~144.500. If we cannot break that strong resistance going back down to 142.500 support. If 142.500 break looking further down to 142.000. Keep in mind that Bank of England is more in favor to cut interest rates which could cause a bearish sterling....
The GPBJPY are in the perfect demand and supply zone, RSI, MACD and Stochi Indicators are clearly shows that there is great chance for bulls to take over the game. According to the fibonacci retracement the next stop will be 145.243.
We can see long opportunity in the GBPJPY. There lots of keys level which show us the real movement of the price
We've seen the "Reversal rising wedge" on weekly time frame. Every rising wedge has bearish character. This means a rising wedge reverses bullish trends and continues bearish trends. At the same time, every falling wedge has bullish character. So, falling wedges reverse bearish trends and continue bullish trends more: www.google.com
GBPJPY, First target hit 260PIPs where ive called last week, now as GBP looks strong,it has a daily resistance on that level, we wait for the breakout and the next target we seek to the 147.400, its a long journey lol