Hi traders, GBPJPY is setting up for a upside move i am expecting a small timeframe correction to form and break for upside and go to our target area. If its not happend and price drop from the current area then we will be watching the area that i mentioned in chart for upside move GOOD LUCK.
Hello traders. Negative divergence in daily timeframes is evident in the price, and a new bottom that is lower than the last bottom in the uptrend, so I expect the price to fall at least to the previous floor. If you agree with me, do not forget to like.
Hello traders. With the price reaching the level of 50% and also intersecting with the downtrend line and -HD , I expect the price to drop well from there.
The outlined white arrow pathway is the predicted pathway that the GBPJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where GBPJPY will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
The currency pair continues to lose ground against the US dollar, sliding deeper under the support at 143.00 and headed to the target at 142.00 A breach through this level could lead to a test of the next support at 141.200 and could be sign for further negative moves for the Cable. If the bears lose momentum, the bulls can take control and try to bring back the...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
GBPJPY has been turning bullish for the last few weeks, with impulse up as wave A) shown on the daily chart which means that market is in a bigger three wave recovery which is expected to resume after wave B) pullback, that can be as of current price activity completed. We are specifically talking about the new bounce, that occurred the past week, from around the...
GBPJPY H1 Forecast: i think this pair is still very bearish. Price will move down in major moves. Therefore i expect small retracement, then further down.
