Hey Everyone, hope you are doing great, GBPJPY expected to drop more this week, let's not miss out on this great opportunity. Like And share and as always thank you for your continuous support means a lot!
GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical...
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel Impulse Correction Completed " 1234 " Impulsive Wave RSI - Divergence Break of Structure Symmetrical Triangle in STF with the Breakout of the Upper Trend Line
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1.✨Eagle Eye: Although the overall structure is bearish, the market is currently in a consolidation phase, indicating a potential shift in momentum. 2.📆Monthly: The market is currently in a bearish to sideways phase. However, there are signs of a change in character, with a shift from sideways to bullish...
Technical Overview The GBP/JPY currency pair showed a bullish-harami candlestick pattern on Friday, which resulted in consecutive positive gains. This pattern was further confirmed by Monday's price action. The pair initially reached a low of 168.86 but quickly rebounded and surged towards 170.49. Currently, the GBP/JPY is trading at 170.47 as of writing.
Technical Overview The price is moving now within the 0.5 and 0.618 frames of the fibonacci retracement. Anticipate short-term uptrend continuation Plan trade in the intro
STRATEGY LONG British Pound Sterling Japanese Yen traded at 171.115 this Friday April 28th, increasing 3.864 or 2.31 percent since the previous trading session. Looking back, over the last four weeks, GBPJPY gained 4.63 percent. Over the last 12 months, its price rose by 4.84 percent. Larger bulls are likely to take a breather in coming sessions as 14-d...
Price currently ranging in between the resistance at 170.856 & support at 170.185 while also forming possible uptrendline. Now if price closes above the resistance then we can expect price to continue pushing up to the next resistance at 171.950 & if price closes below the support then price might continue to the next support at 169.426.
Fundamental Overview The GBP/JPY pair is nearing its highest point in six months at 172.17 following a break above the consolidation around 171.00 during the Asian session. The Japanese Yen has been affected by the new Bank of Japan Governor Kazuo Ueda's support of an ultra-dovish monetary policy to maintain consistent inflationary pressures above 2%. The BoJ...
OANDA:GBPJPY Perfect Long Setup in 1 hr Chart. Support and Resistance
Hello traders, I expected a pull back from GBPJPY at the price of 168, and It has done the pull back as a retest to 170, and then I expect another drop from 170, to 168 again, and then testing 172... enjoy trading <3
The price currently retesting a major high at 172.071 from 2022 & showing signs of price rejection finding resistance at that high while the price also formed a support at 171.051 on shorter TF. So if price closes below the support on shorter tf then it might continue pushing down as a pullback to retest the next support or uptrendline at 169.229. But if price...
Double top with bearish divergence hinting a trend reversal from bullish to bearish in GBPJPY in H4 timeframe if the support level of 165.4 is broken.
Brace yourself for BOJ's announcement The upcoming decision of the Bank of Japan on interest rates will be closely monitored by the markets, regardless of their expectations. This is because it will be the first such decision made under the leadership of the new Governor Kazuo Ueda. Analysts will carefully analyze the accompanying commentary for any hints on...
GBPJPY Bullish Trend - Daily - H4 in confluence - Support formed for the Asia switchover into London - Looking for the London volume to push price to 167.560 for a 2:1RR - Position will be moved to risk free at 38 Pips or 1:1RR
GBPJPY rebounds from 167.50 as bulky UK Inflation supports hawkish BoE bets According to the latest release of UK inflation figures, the headline Consumer Price Index (CPI) has slightly decreased from 10.4% to 10.1%. This decline can be attributed to the drop in energy prices used for heating and electricity. Despite this, investors are not happy with the...
Hey Traders, hope you are doing alright, we have great selling opportunity, where we can target a major selling reversal zone. Keep supporting and following so we can publish more ideas
#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX...