SHORT NOW - GBPJPY - INTRADAY IDEASHORT NOW - This GBPJPY chart is according to M15.
Execute the price at the exact price mentioned, NO FOMO.
🚀Follow, I will drop daily 2-5 Intraday Charts🚀
GBPJPY trade ideas
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.
GBPJPY long ideaLooking for a buy
Entry @ 198.593
Stop Loss @ 198.005
Take Profit 1 @ 199.205
Take Profit 1 @ 199.805
Risk Reward - 1:2
GBPJPYGBPJPY . Potential long opportunity.
With our last analysis on GBPJPY working out, we are still bullish on the pair with current elections going on. We are still extremely bullish on GBPJPY especially due to the reason BoJ (Bank of Japan) still can’t risk to raise their interest rates aggressively due to the downside risk on their stock market.
We have been waiting on the break of our previous TP (Take Profit) for us to continue to the upside. Our entry is at 199.182 , with SL (Stop Loss) sitting at 197.786 . Keep in mind we still have the gap on GBPJPY that has happened. Our TP (Take Profit) is sitting at 203.816 but we will trace it with our KL’s (Key Levels) marked with yellow lines. We will send out updates on this analysis.
PARAMETERS
- Entry: 199.182
- SL: 197.786
- TP: 203.816
KEY NOTES
- Last H4 on GBPJPY has closed bullish.
- We have broken past the last high.
- Breaks above our KL’s would result in higher prices.
Happy trading!
FxPocket
GBPJPY BUY NOW!!!!!!!GBPJPY created a bullish gap on the uptrend chart and price just retraced down to fill the gap which is completed am looking forward to see GBPJPY soar high to the previous highs now to create new high my goal target is 203.00
JOIN AND ENJOY
Tell us your views or take on this......
GBPJPY Possible moveDue to the price closing just not above our ChocH and the impulse from the Choch created taking out major precious levels , we are likely to experience more bearish movement from GBPJPY. Risk management is emphasised and this is not trading advice !!!
Bullish pressurePound Yen is currently pulling back up and has or is currently bouncing from the immediate resistance. Stability above 195.250 will continually push the price up. Break below, this barrier may continue downward momentum.
Fri 1st Nov 2024 GBP/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
GBPJPY Bullish- I'm looking at that Daily FVG to get my Buys Entry.
- During New York killzone or London killzon.
- it would be nice if there was a Yen Fundamental too.
GBP/JPY Short-Term Scalping Analysis:The current price action shows GBP/JPY forming a descending trend, and it recently tested the 100% Fibonacci level near 198.056, suggesting a potential bounce area. However, the price remains under bearish pressure and could continue down to retest this level around 198.008-198.050.
If GBP/JPY holds this support, we may see a rebound toward the 198.502 or even 198.885 levels, aligning with the 50% Fibonacci retracement as an upper resistance.
For scalping:
Buy opportunity near 198.008-198.050, targeting a rebound toward 198.250-198.500, with a tight stop below 198.000.
Sell opportunity if the price rejects around 198.500 or higher levels, aiming for a retest of the 198.056 support.
As this is a short-term setup, it is crucial to monitor price action closely throughout the day. Adjust stops and targets based on volatility and market reactions around these key levels.
GBPJPY UP FOR NOWNot sure about this one, it broke the uptrend as well but it might not be so sure for GBP to fall like the others ;
For now RSI is low and it seems like a stairs pattern, going up at least to the next HH KL.
Possibility of changing the trend It is expected that after some fluctuation and rise, a trend change will take place and we will witness the beginning of a downward trend. If the price crosses the red resistance range, the above scenario will be invalid
GBPNZD on strong bullish Supply Zone Looking at the chart the marking is currently laying on a strong zone which we expect the price to restest the previous supply zone which comes exactly on 0.618- 0.5 fib level to give a perfect entry for short entry
GBPJPY - LongLooking for longs on GBJPY. After taking out the daily lows of this week it looks like GJ can continu it's trend up towards the weekly high.
GBPJPY Long Trade SetupGoing long on Gbp/Jpy, The pair looks like it could continue to move higher especially after opening with a gap. The price action behavior is a bit stiff and this setup does come along with its own risks like the GBP news events today.
Entry: 199.66
Stop: 197.70
Targets: 201.50 & 203.44
Risk to Reward 1:2
GBPJPy long ideaSo yesterday took a small trade in the longs but couldn’t see it going higher as it hasn’t taken any major LQ.
So now today we have taken major LQ and we should see GJ push higher up to my target area.
Trends overall bullish.
Side note.. GJ usually drops by September so hopefully we get to the yearly high then a big sell off.
This isn’t a signal just trades I’m taking and notes for my future reference
Market is Holding above the Support , All Eyes on BuyingHello 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 Charts
GBP/JPY Poised for Bullish Breakout Amid Yen WeaknessGBP/JPY Poised for Bullish Breakout Amid Yen Weakness
The GBP/JPY pair appears to be accumulating volume within a large triangle pattern, indicating a potential breakout in either direction.
My focus is on a bullish move.
The Japanese Yen is showing signs of weakness due to diminishing hopes for further rate hikes from the Bank of Japan (BoJ).
A price move above the triangle pattern is likely to push GBP/JPY to new highs.
The first target is approximately 150 pips, the second target around 250 pips, and the third target nearly 370 pips.
You may find more details in the chart!
Thank you and Good Luck!
