USD well and truly broke the sequence of six consecutive days of losses. The dollar rebounded sharply after the inflation data, having traded around flat before the numbers. A fourth consecutive week of initial weekly jobless claims around 200k also suggested tightness in the labour market continues. Yields rose though more Fed commentary stuck to the recent...
SD/JPY remains in a difficult position as the fundamental backdrop remains tilted in one direction, but the threat of intervention acts as an obstacle to trend continuation. At this stage, the deviation in many JPY pairs is still large because the Bank of Japan keeps interest rates at the floor level despite rising inflation. Most other major economies have...
Hello, according to my analysis of the gbpjpy pair. The pair is in a positive state. We notice that the market rebounded from the 179.900 area, which is considered strong support. We also notice the formation of a strong candle with a tail indicating the strength of buyers. The price also respects the descending channel as shown in the analysis. good luck for everbody
I see a lot of analysis on GBPJPY and most are bearish. However, lets keep in mind the overall structure. The GBPJPY structure is bearish, and it will crash soon. But for now, the chart is giving off bullish signals up to 190 at least.
Hi traders, if we get a breakout here, It'll be a good opportunity to go long. However it needs to have clear bullish momentum behind the breakout. I suspect it will sick fill the larger bearish candle.
dear traders, hope you had a great weekend, now back to the business , we are expecting price of GBPJPY to reach the top in coming days, as the JPY will continue the bearish trend. GBP however, it is yet to be bullish as long as DXY remain extremely bullish. It will be hard for the prices to have strong bullish price action.
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement firstly to fill the imbalance higher and then to look for a short if price rejects from bearish order block + institutional big figure 183.000. Like,...
GBPJPY was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel. Currently the price is forming a local support around 181.80 region. Will the bulls take charge again continue for leg higher? What you guys think of this idea?
Buy GBPJPY Bullish Channel in M30 Chart Buy Gbp/Jpy @ 182.38 Tp - 183.80 Sl - 181.90 Price starts bullish mode, its good chance to buy, Supports with likes and Comments. Thank you
as our last idea has not gone up to the mark and we have taken a long position as we have seen a double piercing patteren or failed bullish engulfing price is forming another bullish candle
GBPJPY If the direction stabilized under 182.68 it will touch 182.13 then 181.72 then 181.02 if the direction reversed above 182.68 and closed it will touch 182.45 ,183.88 then 184.34 Pivot Price: 182.68 resistance line : 182.45 ,183.88 ,184.34 support line: 182.13 ,181.72 ,181.02 timeframe:4H
Hello Everyone. I want share my idea about GBPJPY pair which is signal from me. After strong bearish moments of GBP i still looking that pair bullish. the reason is weakness of JPY index which don't have bottom and coming pretty strong down at all timeframe. Here why i decide open long position the reason is after strong bearish movement GBP found some support...
Hello, according to my analysis of the gbpjpy pair, there is a high possibility of a downside. The price broke the double button pattern. With a very large red negative candle. It indicates the strength of the sellers. We also notice the rapid return to the bullish channel as shown in the analysis, but it could not get out of it. In the coming days, we expect a...
Buy GBPJPY Triangle Pattern M30 chart - price breaks the triangle pattern its good chance to buy, Thank you
⚠️Confirmation Trade Reaction from BUY area ..!!! 🟢 Try to BUY🔼 all the Dips !!! ✅Confirmation Buyer Limit Area 181.15 & 181.60 Zone ✅ Expecting Mid Term Bullish Wave 🔔 NEXT TARGET 183.90 & 184.37 Zone
GBPJPY If the direction stabilized under 181.59 it will touch 181.13 then 180.75 then 180.17 if the direction reversed above 181.59 and closed it will touch 182.48 ,183.13 then 183.44 Pivot Price: 181.59 resistance line : 182.48 ,183.13 ,183.44 support line: 181.13 ,180.75,180.17 timeframe:4H
Short term: GJ seems to be following the downtrend But below, GJ has a Quasimodo liquidity zone forming. It looks like this area is quite solid. To create a clear uptrend, we need GJ to at least be able to break above the Sellzone. Plan : Canh buy: 179.55 and 178.8. Canh sell: 182,995/ 183,675 If Sell picks up first, the Buy bet is still valid. If Buy picks up...
GBPJPY is at the bottom of a channel there is multiple confluences for GBPJPY to start moving higher. Confluences Bottom of channel -0.27 bearish Fib Reversal point London session 30m orderblock 0.786 bullish fib