GIVE IT TO THE JAPSdamn near 10 % in 2 weeks. one hellava move fellas.....lets geauxShortby CajunXChange223
GBP JPY - not over yet on the weekly TFMaster Key for zones Red = Three Month Blue = Monthly Purple = weekly Pink = Consolidative box example (Daily) Orange = Daily Risk Warning Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual. Below are some of the take aways from the video - please listen again incase any detail is missed. Weekly zone Monthly Do you enjoy the setups? Professional analyst with 8+ years experience in the capital markets Focus on technical output not fundamentals Focus on investing for long term positional moves Provide updates where necessary - with new updated ideas tracking the progress. If you like the idea, please leave a like or comment. To all the followers, thank you for your continued support. Thanks, LVPA MMXXIV Short04:40by LupaCapital4
GBP/JPY Closes Below 50-Day SMA for First Time Since JanuaryGBP/JPY approaches the June low (197.21) after closing below the 50-Day SMA (201.76) for the first time since January. GBP/JPY Outlook GBP/JPY falls to a fresh monthly low (197.78) as it extends the series of lower highs and lows from the start of the week, with a breach below the June low (197.21) raising the scope for a move towards the 195.70 (61.8% Fibonacci extension) to 196.60 (23.6% Fibonacci extension) region. Next area of interest comes in around 192.40 (50% Fibonacci extension) to 193.50 (38.2% Fibonacci extension) but lack of momentum to push below the June low (197.21) may curb the recent decline in GBP/JPY. Need a move back above the 202.00 (23.6% Fibonacci extension) to 202.40 (50% Fibonacci extension) area for GBP/JPY to snap the bearish price series, with the next hurdle coming in around 204.90 (61.8% Fibonacci extension). --- Written by David Song, Strategist at FOREX.comby FOREXcomUpdated 9
The result of the previous analysis(GBP/JPY).. It fell heavily from exactly the specified point The analysis can be seen in the previous posts... Be productiveby mehdielahian1
GBPJPY bearishGBPJPY in continuation downtrend no divergence or any other sign of reversal ride the trend EP below last LL SL above last LH watchout for divergence (if any) before the trade triggersShortby fay_pasai1
#3282024| GBPJPY Buying opportunity 1:6GBPJPY Buying opportunity Appears in H4 Time Frame Looking Price Action for Long Term Buy Risk and Reward Ratio is 1:6 After 50 pips Profit Set SL Entry Level "DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by Carefully Considering your Financial Situation. Longby ShehzadAhmad2
Start the uptrend It is expected that the price will change the trend in the current support range and we will witness the beginning of the upward trend and the beginning of the upward trend will be probable. According to the structure of the recent downward wave, there will be a possibility of a fake failure in the support range Longby STPFOREX0
GBPJPY**2h** That's the last LL structure zone and we don't have new structure on the way down. Technically we still have to use that oneShortby TheWiseTrader_224
GBPJPY wish this week for BULLISH GBPJPY wish this week for BUY till the resistance price 207.702Longby bacuul44Updated 10
OUTLOOK for JPYGBP for FRIDAY 8-2-2024Confluence from impulse wave 3 and fib retracement informs the position to go short with the following parameters. Profit targets; 38%-0.005143 50%-0.005118 sell stop entry is at 0.005147 which would have been initial target 1 but is already invalidated. stop loss just above the 23.6% level at 0.005192. The ending impulse move has multiple divergences and further confluence by a divergent bar and sao indictors point to two Wisemen in favour of the move already. I do not know what to make of the violated 23.6 level, we'll see how it goes.Shortby CoiergeUpdated 0
GBPJPY still bearish for expect GBPJPY price on zone, strong bearish trend from last week, here still expecting bearish TP1: 194.450 (250) TP2: 192.850 (400)Shortby DepaTradingUpdated 4
long GJif price has a nice wick, im looking to enter it somewhere in the wick, 1x order long. to resistance back up. can be higher tp, but lets see. Longby FormedzeusUpdated 991
GBPJPY BullishGBPJPY chart is printing bullish candles. JPY is normalizing after Japanese central bank interventionsLongby abdulmoeedsiddiqui2
GBPJPY - NEW BREAKOUT !Hello Traders ! On the daily time frame, The GBPJPY broke the support level (196.970 - 197.800) This key level becomes a new resistance level ! So, I predict a bearish move 📉 _____________ TARGET: 192.000🎯Shortby Hsan_BenhmedUpdated 131337
GBPJPY → Ahead of a rate hike in Japan...FX:GBPJPY intends to continue the current bearish rally. The price temporarily stops at the 197.00 zone for a short respite before falling further. The market is expecting an interest rate hike in Japan... Price breaks the bullish market structure and then confirms the bearish one, indicating a change in the global trend. Volatility is rising in Japanese markets, with the Bank of Japan expected to discuss a rate hike this week and consider a plan to halve government bond purchases. This is a strong scenario for the strengthening of the national currency, traders are reducing the number of short positions this time. Technically, the focus is on the level of 197.2, this zone splits the market into two zones. Accordingly, price consolidation below this level will be the starting point before the rally. Support levels: 195.8, 193.8, 191.8 Resistance levels: 197.2, 198.75 Both fundamentally and technically everything is steamed towards further decline. The actions of the Central Bank of Japan affect the rate quite strongly... Rate, share your opinion and questions, let's discuss what's going on with ★GBPJPY ;) Regards R. Linda!Shortby RLindaUpdated 5534
GBPJPYPlan followed theres something that in the back of my head, the last large daily engulfing candle produced 2,000 pip trend we are now, sitting of the back of a large engufling daily, not only that the month candle is about to kick, with BoE news tomorrow looking at the candles on a large time frame, on a smaller time frame i would'nt even want to enter, i would say its down, 3 daily weak wicks.. large daily down moved SL into profit very interesting set up and trade, knowing that everyone has this going up in the ideas page. i assumed it would just range up and down until tomorrows outcomeShortby cassiuskemeticUpdated 0
GBPJPY (H4) : The technical and fundamental analysis shows fall.GBPJPY (H4) : The technical and fundamental analysis shows fall. The Asset is clearly showing that the price of the asset will fall accordingly manage to reach lower supports and then it will look for more targets in the uptrend direction but this time its clear that the GBPJPY will reach 197.00. LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.by Ali_ExplorerUpdated 1115
Potential bullish rise?GBP/JPY is reacting off the support level which is a pullback support that lines up with the 61.8% Fibonacci projection and could rise from this level to our take profit. Entry: 191.76 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci projection. Stop loss: 190.05 Why we like it; There is a pullback support level that is slightly above the 78.6% Fibonacci projection, Take profit: 195.11 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Longby VantageMarkets10
POUND-YEN Q3 FY24 FORECAST 🇬🇧🇯🇵Im looking for a retracement on the larger timeframes before a continuation comes bringing hard times to the japs im seeking it in the first 3 resistances but if it breaks anywhere at the latter levels ill update last post Longby Bekiumuzi_DubeUpdated 221
Potential bullish rise?GBP/JPY is reacting off the pivot which has been identified as a pullback support and could rise to the pullback resistance. Pivot: 191.70 1st Support: 189.72 1st Resistance: 195.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets10
GBPJPY-SELL strategy Monthly chartThe pair is extremely overbought, and I think medium-term we should proper correction back to the lows 190s. Strategy SELL @ 205.00-206.00 and place SL above 208.00 and take profit @ 193.50 for now. Shortby peterbokmaUpdated 779
Trends and lines Trend line analysis show’s points of interest in the market and its value as a result of this trend Longby ICpatternsPPL0
Trend linesI think there’s a good possibility for an uptrend for the foreseeable future with this pair by ICpatternsPPL0