Because the interest rate difference between the US and Japan is still large, the sell-off of the yen in the market continues to accelerate despite the BOJ's decision to maintain loosening yield curve control.
Ascending Channel inside Ascending Channel: Price formed a high test candle at the upper part of an ascending channel.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello traders, if you followed my previous ideas on GBP/JPY you already know that we have been buying the dips below 181. We had a couple of buy positions near 180.80 which generated over 160 pips on each trade. Currently, if you look at the daily chart, you can see that the price has rebounded after moving very close to the 100day EMA . With BOJ keeping the...
A new week is upon us, a lot of bullish price action and candle patterns on all timeframes for GBP JPY so GJ could be moving bullish this week. We first have to see if it will pull back to create a weekly candle bottom wick before doing so.
GBPJPY had a very explosive bullish week last week. So this week I'm waiting to see if price will pullback to provide an entry before potentially heading back up again. Please use your own risk tolerance and analysis before following this trade idea. 😁 Like this video post and comment below what your personal analysis is on this pair. Safe trading.
Price accumulated below the lows, within a Daily imbalance. Following order flow up, I want to see us respect the current 1H range and continue higher targeting the equal high liquidity on the daily.
GJ break out of a bearish flag, expecting price to continue rallying up to the upper part of the ascending channel on the higher TF before anticipating a reversal. PS: I use very risky SL, it should've been below the previous low.
if the price holds POC. omega entry on GJ will be good to take. since L50 seems to be swapping to sell zone. Grade B risk here.
Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
We expect further downside on this pair, signalled by the false breakout of the descending channel pattern. We can also see the testing and closing below of price the key level which further supports our directional basis.
GJ on daily has been rangebound for a while now. PD it broke the upper end of the range and it is now set up for long side properly on higher TF. so if in Asia session we get volume in favor of longs we will have 1/2 in favor with HTF confluence.
Today's focus: GBPJPY Pattern – Ascending Triangle Pattern Support – 181.16 - 178.17 Resistance – 184.12 - 183.65 - 186.50 Hi, and thanks for checking out today's update. Today, we are looking at the GBPJPY on the daily chart. For now, we remain bullish on this pair, but as we have discussed in today's video analysis, we want to see a new weekly high to show...
Dear traders, if you remember, we bought GBP/JPY@180.80 level and hit our profit target at 181.70 level, almost 300 Pips. However, as I had already mentioned earlier, GBP/JPY is struggling at the resistance level. We have multiple bearish candlesticks at the 4H resistance level. This opens up the possibility of looking for sell entries. In my opinion sell...
GBP-JPY went up to retest A horizontal resistance of 184.108 From where we are seeing A bearish reaction so I think that the pair will Go further down !
A minor double bottom pattern has emerged on GBPJPY, precisely on a horizontal support level within the intraday timeframe. This setup appears to present a promising opportunity for short-term scalping. There is a potential for the currency pair to experience a rebound towards the 184.25 mark.
Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...