GBP/JPY pick your side - Because this isn't easyI was asked to do an analysis on GBP/JPY And It's like trying to get blood out of a stone. It's premature right now and I just can't see any definitive direction. By intuition, I would say I am more bullish than bearish. There is a Potential Falling Flag and a Potential Cup and Handle forming on it and the price definitely needs to go higher to close above. Then I'll have more leeway for doing a proper analysis. The target I guess is at 205.86 Nature: MPT Price<20 and <200Longby Timonrosso2
GBPJPYOn monthly time frame GBPJPY is approaching into a very significant level which may deliver an interesting opportunity to short this mark. Shortby HaremRebwarUpdated 6
GBPJPY Short PositionSeasonality Analysis: GBPJPY shows a historical tendency to decline during this period, indicating a bearish seasonal pattern. Fundamental Analysis: The Japanese Yen (JPY) is currently bullish due to strong economic fundamentals, such as improving economic data, potential safe-haven flows, or more hawkish monetary policy expectations from the Bank of Japan. On the other hand, the British Pound (GBP) may be facing headwinds due to economic or political uncertainties. Technical Analysis - 4H Trendline Break: The 4-hour chart shows GBPJPY approaching a key trendline. A break below this trendline would signal the potential for further bearish momentum and would confirm the bearish sentiment suggested by both seasonality and fundamentals. Trade Setup: Entry: Use a sell stop order to enter a short position once the price breaks below the key trendline on the 4-hour chart. This ensures that you only enter the trade if the bearish trend is confirmed. Stop-Loss: Place a stop-loss order above the recent swing high or just above the broken trendline to limit potential losses. Adjust the stop-loss level according to your risk tolerance and the average true range (ATR) of the pair.Shortby SohailChaudhary6
Check the trend It is expected that after some fluctuation and correction to the specified support range, a trend change will be formed and we will see the beginning of the upward trend. If the support range is broken, the continuation of the downward trend is likely by STPFOREX2
GBPJPY to resume its rallyGBPJPY seems to be stuck at support at 188.300. The preceding move seems to be a leading diagonal, likely forming a wave 1 or A in a larger time frame. That said, I am looking for another rally, either a wave 3 or wave C towards the 196.000 level. BUY at 190.200 (market order) SL at 188.300 (~ -200 pips) TP at 196.000 (~ +600 pips)Longby dscharalampidisUpdated 4
gbpjpy analysis in 15 minutes time frameThe dragon greets you entry:(189_188.30) sl:188.050 tp:191.720Longby mazloomseyedmohammad794
GBPJPYWeekly timeframe Daily Timeframe H4 and H1 update from the previous videos posted. We can bro a little bit but the still bullish to go for 198 longterm02:28by IvsWolf333
IDEA GBPJPY SHORT POSITION Pair : GBPJPY Position : SHORT ( SELL ) Entry Price : 189.975 STOP LOSS @ 190.385 TP 1 @ 189.575 TP 2 @ 189.175 TP 3 @ 187.500 ( Trailing SL ) Shortby hamidTrader214
Let's ride this train togetherGoing long on GBPJPY, the trend isn't over. Jump on this, guysLongby JohnnnieBoi7
GBP / JPY The pair has been going to the down side and it is current correcting and making a an ascending channel to continue on the downside Shortby Daizmen3310
GBPJPY is in the buy direction after testing major support levelHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters2000Updated 9
GBPJPY: 1800+ Pips Buying Opportunity, is it possible?Dear Traders, OANDA:GBPJPY We have witnessed a major change in JPY pairs price movement, we are expecting a reversal at 187.00 from where we can see strong bullish move to continue taking the price to yearly higher high at 208. We have set three target so that you can target and have a secondary bias to your own analysis. Good luck. Longby Setupsfx_Updated 2828309
GBPJPY GBPJPY - New position - with capital management It is expected to have an upward movementLongby abbasireza7
GJGBP usd Trend line manipulation it's happening them my view sell said Fake brkeout then again it's coming back inside that's mean manipulation Looking to short Shortby samadkaramala261
GBPJPY | SELLPrice is failing to make higher highs, the last 2 weeks we were in the buy and made good money, what we can expect now is a retracement before the longs continueShortby ELCapitalFX7
going long on GBPJPYBuy limit set on our failed OB which price likely come back too before moving to the up side. with my SL below the recent low.Longby Rexrexie2
GjMy point of view gbpjpy going short sell because the trend line didn't broken so that way I'm looking to short sell Shortby samadkaramala265
GBP_JPY GROWTH AHEAD|LONG| ✅GBP_JPY made a retest Of the horizontal support Level of 188.607 from where We are already seeing a Bullish rebound and a Further move up Is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx119
GBPJPY Possible SellIf price fails to break the 190.318 and hold it as support, I believe we will see a drop down towards the 187.000-186.000 area. Leaving rates unchanged and with Japan starting to raise the pair may be getting weaker. I think price is trying to find its comfy zone. Shortby erilop122
gbpjpy selllooking to sell this pair once i see some reversal pattern. good risk to reward ratio on this.Shortby mbm193
GBPJPY SHORTSIf you misssed the asian DROP , stay calm might call this trade any time. HOLDING TO 180..........Shortby marcus_joe5
GBPJPY Trade Plans | Carry Trade Further Unwinding? Rebounds across the Yens have brought some relief to the recent fall (risk aversion from NFP) + a more hawkish BOJ. Yens also got hit again into Monday as we are seeing a more hawkish BOJ stance Post Growth Data. Here's the tech/sentiment case.07:32by WillSebastian221