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Poundyen

GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=145.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=145.95. TP4: R2=146.4. Set the stoploss of these orders at breakout of S2=144.8. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=144.8. In this situation, there is an expectation to reach the target S3=143.7. Set the stoploss of reverse orders at breakout of S1=145.05. If you would like to trade in the next 24 hours, the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.45. TP4: R2=144.2. Set the stoploss of these orders at breakout of S2=141.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=141.95. In this situation, there is an expectation to reach the target S3=140.85. Set the stoploss of reverse orders at breakout of S1=142.2. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.5. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.55. TP4: R2=143.85. Set the stoploss of these orders at breakout of S2=141.9. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=141.9. In this situation, there is an expectation to reach the target S3=140.45. Set the stoploss of reverse orders at breakout of S1=142.5. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=138.55. In this situation, there is an expectation to reach the target S3=137.5. Set the stoploss of reverse orders at breakout of S1=138.75. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=138.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=139.55. TP4: R2=140.1. Set the stoploss of these orders at breakout of S2=138.55. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=138.55. In this situation, there is an expectation to reach the target S3=137.5. Set the stoploss of reverse orders at breakout of S1=138.75. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Long
by ForecastCity
1
GBPJPY Idea to go longGot a pretty nice set up here on the GBPJPY, GBPUSD is forming a bullish harmonic as well which bodes well for our outlook. We are approaching daily support, we already have a major wick rejection 3 candles prior around the 143 region. We have completed two bullish hamronic, RSI is creeping to oversold, Once candles show me some bullish strength I'll be looking to go long, Typically take profits are at 38%, 61% and 100% of the A to D moves. I'll be looking to hit the more aggressive tp's this time. Enjoy!
Long
by elevatedinvestor
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=147.55. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=148.6. TP4: R2=149. Set the stoploss of these orders at breakout of S2=147.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of S2=147.3. In this situation, there is an expectation to reach the target S3=146.2. Set the stoploss of reverse orders at breakout of S1=147.55. If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you! ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
Long
by ForecastCity
GBP/JPY *BUY*Visual 1 First trade for new project. I will be looking to grow a £500 account to £5,000 in the next 4 weeks. I will be documenting my trades on here to look back on as a memory and to prove to anyone that it is possible. After this first project is completed i will then increase the starting balance to £2,500 and grow it to £50,000.... this is just the beginning so it will be interesting to see where this takes me by the end of the year. It is all just a vision to me but i want to test my own brain and ability to prove what can be done... ///
by Hirschle97
2
GBPJPY - Bullish run is not yet done!All GBP pairs tumbled as PM May announced that a no deal in Brexit negotiations is better than a bad deal. GBPJPY broke a downtrend line but also met some resistance at 149.70 and reversed from there. It is now trading at 147 area. Let us see if we will get a retest of broken structure. If price doesn't break through the lower red box, look to buy. Aggressive traders can enter now, stop loss at around 146.30 (70 pips) and target 149.40 (240 pips) Good luck!
Long
by AngelaFTrading
6
GBP/JPY long from demand zoneHere we have a demand zone on the Pound/Yen daily chart. I'm really liking this zone and think it will hold true. COT Data suggests that the GBP could be turning soon and that also is taken into account for this trade. Commercial traders have increased their net long to over 60,000 on the, taking profits as the Pound has been taking a beating, while large speculators are net short about 50,000 and have actually been increasing their shorts along the way. Large speculators are wrong about the markets almost all the time and tend to add to short positions as price continues to fall. Using knowledge of how commercials traders are positioned gives great insight for predicting possible future movement. Furthermore, doing the opposite of Small Speculators can prove to be valuable as they also tend to be wrong a majority of the time. Join me in SmartMoney Trading Center, a FX focusing trading group... we have many knowledgeable traders and are always appreciative of increasing our following, while getting the added benefit of more ideas/opinions/brainpower: discord.gg Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Results may be based on simulated or hypothetical performance results that have certain inherent limitations. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. NEVER take a trade based on what you see in this presentation. I will not be held responsible for any losses that occur in your account. You and you alone are responsible for deciding if you are comfortable accepting the risk involved in forex trading.
Long
by ajpura
2
GBP/JPYJust want to point out that GJ is approaching the 200 MA on the daily and the 4 hr. Watch the price action on those, should at least get a sell scalp off it. Look to retest level, might get a very nice sell if you let some ride (managed properly of course). It is possible considering all this pair has done is w-x-y'd for like... ever... Obviously it is long right now, but price action is choppy. 200 MA confluence daily-4hr. All I can say to look for at this point is a small sell (off daily 200). Market is just getting kicked off. Hopefully I will have time to post some more specific trades midweek off price action, but I may not have proper analysis time until next week.
by thillygoosth
GBPJPY Creeping Towards My Take Profit Then What?As predicted, GBPJPY is slowly creeping towards my Take Profit which is at the previous high level 148.000. When price reaches this level, I will bank the remaining portion of my position and look for signs of supply for a short setup. This setup will take place in the form of a bearish structure formation and I will enter the short upon confirmation of the break. Contact me via direct message for any assistance required Best regards Linton
Short
by Linton_White
3