GBPJPY - LongLong trade idea on GBPJPY. Took out some liquidity before LO open and now seeing pushing towards the upside. Limit order set on198.200.Longby HB-Forex_2
GBPJPY shortGBPJPY has retested the previous sell orderblock and has printed a bearish pin bar on the 4h chart. It could be potentially moving down the green orderblock where the last price pivot occurred at 195.352Shortby bethalldaybae4
GBP/JPY: Likely to Move HigherHi there, The support zone of 197.545-197.464 needs to hold, and a higher low must form above it for a possible bullish continuation. The price is in a bullish trend on the daily and weekly timeframes, moving toward the 199.026 area. Overall the price has low volatility with strong bullish volume; it will require monitoring. Happy Trading, K.Longby KhiweUpdated 3
GBPJPYHey traders, this is Rogue_Trader007. GBPJPY has a strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. This makes a great entry as it usually shoot towards the 1.272 Fib level. Making this a strong BUY.Longby Rogue_Trader0073
GBPJPY potential shortShort GBP/JPY at 196.55, I'm anticipating a reversal from this previous support level, with a take-profit target at 194.70. Technical Overview: Previous Support as Resistance: The 196.55 level previously acted as support and is now expected to serve as resistance, a common technical pattern where broken support levels become resistance. Recent Price Action: GBP/JPY has recently approached this level, suggesting a potential reversal.Shortby EleazarahmathUpdated 2211
GBPJPY - Short idea.GBPJPY - Short day trade idea. PDH Liq, Orderflow, OB --> OB + FVG, Liq to target. Shortby Arel_KaUpdated 226
GBPJPY Channel Up driving the price to 210.000GBPJPY is trading inside a 1hour Channel Up. The price is currently between the 1hour MA50 and MA200, consolidating after the most recent Higher Low on October 31st. This is a technical buy opportunity directed towards the top of the Channel Up. The last two bottom rallies rose by +3.15%. Buy and target 201.000 (+3.15%). Follow us, like the idea and leave a comment below!!Longby TheCryptagon2214
GBPJPY SELLAs in our previous anylisis we had told that price will go for previous high to be touched and price had done the same and as market sentiment has changed price is moving in to bearish movment and we predict that price will return to its support level of 196 and lower than that so we are at a bearish run for today and tomorrow Shortby Wakeel_Saab1
GBPJPY NEXT MOVE (expecting a bullish move)(02-10-2024)Go through the analysis carefully, and do trade accordingly. Anup Bias (Mid term) Current price- 191.500 "if Price stay above 189.500, then next target is 193.500 and 196.00 and below that 188.500. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 33179
Continue buying GBP/JPY after a pullback.Long Gbp/Jpy arount 194 or 194.365 SL around 193.5 Target please see the chart. Lucky Trade!Longby fortunepivotUpdated 6
Head and Shoulders in GBP/JPY: Timing Your Next Move?The GBP/JPY currency pair exhibiting a head and shoulders pattern suggests a potential reversal from bullish to bearish momentum. If you're waiting for the price to confirm this pattern, it's crucial to identify key levels of support and resistance, as well as possible entry and exit points. You can either short now or wait for a potential retest around 194.3; the original target remains unchanged as indicated in my earlier chart. Good luck! by fortunepivot0
Trade Recaps: EURUSD - SHORT, GBPJPY - SHORT, 05/11/2024EU Bias Analysis: Although Price is deeply discounted on the HTF's and the 4H has started trending higher, A shift of 1H structure from a 4H Bearish Order Block presented an opportunity for short positions as price corrected into IRL. Grade: High Risk GJ Bias Analysis: Price is trading at a weekly premium and is establishing a 4H bearish trend after a break to the downside and correction higher, pending a continuation lower. Short entries aligned with the current 1H bearish range and entry confirmation was received after a TBL sweep and 15M distribution lower. Grade: Low RiskShort08:06by The_Modern_Day_Trader0
GBP/JPY ANALYSIS AND THOUGHTSGBP/JPY 15M - This is another pair I have taken some interest in based on the structure its putting out and how its been playing out over the course of the past few days, you will see I have gone ahead and marked out some areas in price. Price traded into a Supply Zone originally which led price to then break structure to the downside here on the higher timeframes, I have gone ahead and marked that out for you. What we are seeing now is price correcting itself. Price is currently trading back up to set a new Lower High in what I think is going to be new bearish structure. I have marked out an area of relevance I feel price may trade up and into before trading us lower in the market. In order for us to deem a valid entry we want to see price trade up, reject well from the zone breaking structure before pulling back initially and continuing to trade us lower in the market.Shortby Lukegforex3
Gbpjpy updateThis pair has broken our trendline and got rejected from the resistant zone so now we’re waiting for a rejection from the trendline to enter a sell position on an h4 timeframe Follow us for more updatesShortby ElieHazim4
GBPJPYIf the analysis aligns with the market's actual direction, and the currency pair moves in the anticipated direction (up for a buy trade or down for a sell trade), the trade will likely yield a profit. The magnitude of the profit will depend on the size of the price movement, position size, and leverage used.Longby FXNestFX1
GBPJPY LONG OPPORTUNITYGBPJPY LONG OPPORTUNITY GBPJPY re-tested the The inter-area oscillation around 196.02, and successfully stood up and formed a new demand zone. Therefore, try to buy GBPJPY around 197.3 SL: Below 196.35 TP1: 202.3 TP2: 204.2Longby tntsunrise2220
GbpJpyExploring the GBP/JPY pair, a popular currency combination known for its volatility and responsiveness to global economic events. This pair typically reflects broader economic trends between the UK and Japan, influenced by factors like interest rate changes, geopolitical developments, and economic data releases. I analyze GBP/JPY through a blend of technical and fundamental analysis, considering recent policy adjustments from the Bank of England and the Bank of Japan. My approach highlights key support and resistance levels, potential trade setups, and the impact of risk sentiment on price movements, aiming to capture profitable opportunities while managing risk effectivelyShortby RubenK99114
GBPJPY, a rebound play is in order.GBPJPY, a fave of traders who value volatility recently corrected significantly to 181 range from the highs of 183. Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days. The pair is currently bouncing off a 0.5 FIB level, a major order block support. Expect some attempt to reverse to the upside in the next coming days. Spotted at 181.30 TAYOR. Safeguard funds always.Longby JSALUpdated 3331
GBPJPY H1 | Bearish Drop Based on the H1 chart analysis, we can see that the price has just reacted off our sell entry at 197.38, which is an overlap resistance. Our take profit will be at 196.18, a pullback support level close to 78.6% Fibo retracement. The stop loss will be placed at 198.52, which is an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCM1110
Price ActionOur focus is on GBP/JPY daily time frame. I'm look for buy today and also the trend was bullish. Let's analyze these levels further in depth so that we can achieve maximum gain. Must put stoploss for your trade.Longby BullionbuzzUpdated 19
GBPJPY BUYBuy GBPJPY here on the support 196.71. This market structure is a bullish flag. I would like to see price move up from here towards resistance 196 and beyond. Perfect time to buy.Longby Technical_AnalystZAR5