♦️ Wage pressure in the UK eases, the pound weakens compared to the euro and dollar 🔹 Oil prices stabilized thanks to hopes that the US will ease sanctions on Venezuela ① Oil prices stabilized on Tuesday after falling more than $1 on Monday. US crude oil is currently trading around 86.95 USD/barrel, down about 0.1%. Markets expect the US will ease sanctions on...
Expectations for GBPJPY: Bullish Stop Loss: 181.518 (indicated by red dash line) Take Profit: 183.226 (Bonus- 184.276) Support and resistance areas this week indicated by orange lines. Prepare > Prediction
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
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.
OCT #10 Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market...
In Tuesday's session, the GBPJPY gained ground and jumped to 182.50, but the daily chart's bullish momentum appears weak. In line with that, the GBPJPY has a neutral to bearish technical stance, with the bears gradually recovering and asserting themselves. Despite the Relative Strength Index (RSI) maintaining a positive slope above its midline, bulls appear not...
Barclays (LON:BARC) analysts issued a warning on Thursday about the challenging future facing global bonds, unless stock markets fall significantly. They point to several factors contributing to this outlook, including the US central bank's quantitative tightening program and rising budget deficits. Analysts also noted a shift by Japanese investors to domestic...
Hello human, sit down and listen to a handsome cat analyze 🐱 GBP/JPY Price Analysis: Oscillating below Kumo, with buyers eyeing 181.60 🐡 GBP/JPY temporarily halted its downward trend on Thursday and recorded a gain of over 0.50% in a day that saw the pair move from around 179.56 to a closing level of 180.92. As of writing this, at the start of the Asian...
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,...
⚡️The British Pound (GBP) and Yen (JPY) both failed to find momentum to launch the charts for the new trading week. ⚡️The GBP has struggled to find support across the charts after the Bank of England (BoE) kept interest rates steady last week in a split vote, and the end of the cycle appeared likely. The UK's interest rate hike has come much sooner than many...
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