GBPJPY Ranging, Sell OpportunityGBPJPY is showing continuous rejection from the level of 192.014, giving a opportunity of selling once again from this level. Can have a risky short ride keeping SL at the top of this level. If it rejects once again then we can book our Take profit in it easily.Shortby MuneebUddin0
GBPJPY: Awaiting Breakout frm Ascending Trend Line or ResistanceAwaiting Breakout from Ascending Trend Line & Resistance at 192.05 🔼 Potential bullish move above 192.05 targeting 199.52. 🔽 Watch for a bearish breakdown below 188.00 towards 180.09 support.by GlobalMarketGuru0
GBPJPY trading signals✍️DCA stands for Dollar Cost Averaging - which means averaging the price, simply put, it is when a trader buys an asset many times at different prices. ✍️This is a very popular strategy in finance and cryptocurrencies. The main purpose of the averaging strategy is to effectively minimize investment risks. And increase profits when the market is trending. 🤑🤑In the GBPJPY signal, we had a positive DCA when the price broke out of the DOW zone and the resistance zone at 190.700. The DCA point went in the right direction and brought great profits for the two signals.by TVS-TraderUpdated 3
GbpJpy Analysis Trade 8-28Currently in a Long position. Price has been choppy. Price did fall but didn't break previous low so I'm going to hold position and aim for the previous days high into London session. Good luck trading Risk Management#1Longby MrVizions_421333
GBPJPY a potential sell about to explodeI would say GBPJPY is about to go downwards, offering us a good sell opportunity. It is one of those setups that remind me of the saying "A good setup is the one can go either way." Any way, my analysis is that a downward move is very much likely. The setup looks so promising for a sell trade. Let's see. Shortby RiffatNadeem2
GBPJPYAnalyse on GBPJPY Consolidation in H4 since 15/8/24 until this day. I few weeks ago we had a consolidation in H1 of a range od 135 pips, and after the break of that consolidation the price moved up de double of the amount of pips from the consolidation that the price broke. H4 consolidation 304 pips ...02:00by IvsWolf228
GBP_JPY WILL FALL|SHORT| ✅GBP_JPY is going down From the horizontal resistance Level of 192.000 and as we are Locally bearish biased we Will be expecting a further Local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx113
GBPJPY under pressureThe pound is still under pressure because of fundamental news and datas. A triangle has been formed and I think the pressure should intensify... SL : 191.76 TP : 109.032Shortby UnknownUnicorn819928772
Check the trend It is expected that the price will change the trend in the current resistance range and we will see the beginning of the downward trend. Otherwise, it will be possible to continue the upward trend up to the specified resistance range, and then expect a trend change. Crossing the resistance range will invalidate the above scenario Shortby STPFOREX116
BREAKE OUT AND RETEST OF TRENDLINE.Okay for us to see that the market is going short we saw that prices keeps on failing to break our resistance level so now we wait for it to go to our previous lower low. Shortby phillpbonokwane336
GBPJPY - Buy Stop/Sell StopWe will buy at the breakout of the ascending triangle. I'm taking two trades of 0.5% each. One trade with 1:1.2 RR and the other 1:2.1 RR The 1:1.2 RR is based on the projection of the ascending triangle and second trade to potential resistance. I have also taken two short trades and it's because of the strong bearish divergence. If the price breaks the trend line, it should continue to move down to the previous support levels.by Alee_Kolachi2
GBPJPY | SELLMight look into this trade if we see a 15 min opportunity, the only reason I will think twice is because Im also expecting gold to go down, based on my previous GOLD idea and they do correlate so it makes me over think even though it meets all my criteria... Lets see how it goesShortby ELCapitalFXUpdated 1110
GBPJPY , the trend is set fro long buy,Looking at the currently weekly order flow we have price headed to levels or prices that i high i will consider holding for more buys until 1000 pips , to level 202.062Longby Diaz_Epics222
Bulls or Bears?Patience is key here. Will price break above DH 192.050? Or 189.600? Price is having a hard time breaking above 192.050. Wait for confirmation before entry. by KJfx921
I'm bullish on GBPJPYPrice continues to make higher lows and trade higher. Expecting price to make its way towards premium price area. Going to start looking for entries once price retraces towards FVG or extreme discount.Longby LoThePharaoh2
GbpjpyGbpjpy had a big move to the down side so we retrace to the zone am expecting more sellsShortby Greatvic0013
GBPJPY - SHORT: Trade Recap, 27/08/2024Bias Analysis: Daily minor swing at equilibrium and 4H trading out of Order Block. 1H range was bearish with price at a 1H Order Block well within Optimal Trade Entry. Entry Criteria: 15M protracted counter to my bias, swept upside liquidity and traded deep within the 1H Order Block before an engulfing candle printed. Grade: High Quality Valid What I did well or could do better: - Exercised patience after the first 15M TBL sweep and reversal print as we had a shallow mitigation of the order block with a 1-sided fair value gap resting below. - Observed the full picture and made a process based decision to enter, full accepting the risk. - I could've been more mindful of inputting the correct data into my position size calculator as the position was too small.Short14:57by The_Modern_Day_Trader113
Analysis by the Mallicast team on the GBP/JPY currency pairThe British Pound to Japanese Yen (GBP/JPY) shows a very attractive position on the monthly timeframe in the last days of August. According to the Mallicast team’s analysis, the monthly candle indicates potential for further upward movement, with a target price projected at 215.868. Longby kiyandokhtkarimi3
Analysis by the Mallicast team on the GBP/JPY currency pairThe British Pound to Japanese Yen (GBP/JPY) shows a very attractive position on the monthly timeframe in the last days of August. According to the Mallicast team’s analysis, the monthly candle indicates potential for further upward movement, with a target price projected at 215.868. Longby mallicast3
GBP/JPY Could be About to Soar by 290 pipsGBP/JPY is stuck in an ascending triangle pattern that has been forming over the last 11 days, beginning on Thursday, August 15. The pattern is defined by a horizontal resistance line at the 192.03 level and an upward-sloping trend line. The price has been rejected at the 192.03 resistance level on multiple occasions, increasing the importance of this level. A breakout above 192.03 could lift the price by 1.5%, equivalent to 290 pips. This price target is derived from the height of the ascending triangle pattern. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information by ThinkMarkets10
GBPJPY: Bearish Continuation Balance of buyers and sellers on the GBPJPY pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals227
Footprint .Pure price action . support and resistance ,candlestick patterns ,Exponential moving average to confirm support and resistance levels . Sthochastic by kgosietsilemakwea068220
GBPJPY trading long for this weekGBPJPY has been consolidating since Thursday August 15 Price has been consolidating in an upwards direction which shows signs of buying power Longby HVMBRV449