gbpjpyanalysis

GBP/JPY has shows some strength last few days but is looking to retest the Green Box area before pushing past 150.000, Ichimoko has been called back in and is in the green zone looking towards the bottom of that zone.

Price is still within the consolidating area.

- Clear bullish structure - Buy on dip

GbpJpy - H4 chart - Expecting a dip in trend due to oversold conditions

Who else caught the swing of GBPJPY earlier in the week? Nice little setup down to the 147 level

WAIT for this pair to break the wedge, it's stuck in a consolidation period so hold tight and let it break either way.

Still holding positions from 150.858 now up to 152.397 - Have a TP at 155.850 for remaining positions then will be looking at selling the dip. Would like to know other peoples opinions on this and if anyone is doing anything differently

GbpJpy H4 chart - I prefer swinging longs on this for the next few weeks targets 155 and a decent risk to reward.

GJ - H4 time frame. Trend is bullish on weekly time frame so I'm trading a bullish pullback on smaller time frames. Bank of England is also expected to hike rates in November so fundamentally and technically GBP pairs are looking very bullish.

Hi guys, i do not usually share this kind of setup but i've thought it could be helpful to some of you. On this chart you can see a flag pattern that's been setting up on the hourly timeframe. This happened after that a support was broken by price action, creating the conditions of a downtrend: we cuold, as usual, wait to see price coming up to retest our broken ...