The GBP/JPY exchange rate is recovering from recent losses during the early Asian trading session on Friday. The cross trade is currently hovering around 181.62, marking a 0.24% increase for the day. The disparity in monetary policy stances between the Bank of England (BoE) and the Bank of Japan (BoJ) acts as a headwind for GBP/JPY transactions, creating an...
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 to fiil the imbalance higher and then to reject from bearish order block + institutional big figure 182.000. Like, comment and subscribe to be in touch...
Following the release of ONS data, there was a significant decrease in UK government bond yields as traders adjusted their expectations for future interest rate hikes. Prior to the release, financial markets anticipated a terminal UK Bank Rate surpassing 6%, higher than the current rate of 5%. However, these projections declined to approximately 5.75% during the...
The break of 182.51 resistance affirmed the case that corrective pattern from 183.99 has completed with three waves down to 176.29. Intraday bias stays on the upside for retesting 183.99. Decisive break there will resume larger up trend. On the downside, below 180.85 minor support will turn intraday bias neutral first. Also, outlook will stay bullish as long as...
The price has considated and if it breaks the current high, the uptrend will continue
Just waiting for the 4H close above the blue line and a bullish engulfing on a smaller time frame to look for buys
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.
GBPJPY has a 500 pips daily movement in just a day! Once failing to support at 179.909, its price dropped to lowest at 176.327. However, market buyer collected and support its price to 181.361. Indicating bull run for GBP against JPY has begin
☑️Broke the structure on the D1 timeframe ☑️Broke the structure on the 4H timeframe (confirmation) If we break the market structure up on the 4H timeframe, we we'll go a little higher before drop, but if we break the red level on the D1 timeframe, the analysis becomes invalid🙅♂️ Good luck 🙌💪
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to take out sell side liquidity and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Hello Traders and thanks. First, I want to state that i am bearish on the Pound. the Fundamentals supports it, BUT that doesn't mean that i would capitalize on an opportunity when i see it. On this trade, I am bullish on Pound, but on a shorter term basis. Than being said, I still believe that we have a lot of liquidity to the downside and we might actually see...
The release of new data from the ONS caused a significant drop in UK government bond yields as traders adjusted their expectations for future interest rate increases. Prior to the release, financial markets were anticipating a final UK Bank Rate of over 6%, but these expectations decreased to around 5.75% during the morning, resulting in a sharp decline in UK...
Currently in bullish trend on H4 and daily, in corrective wave.
Hello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Good day my fellow traders! Today I broke down GJ, and how exactly we got to where we are today within the market. Watch closely and take notes as I breakdown entry points that I personally took, as well my overall thought process to even build the story that came true! I hope you guys enjoy this video. Follow, Like, and Comment if you enjoyed this breakdown!
Hi, according to my analysis of the GBPJPy pair. There is a good selling opportunity. With the pair breaking the triangle pattern. It also broke the strong support at 180,500. All of these indicators point to further decline in the coming days. Good luck to everyone
In the short term, the technical outlook for GBP/JPY remains negative as indicated by the daily chart, which shows the pair declining from its recent multi-year high. The pair has experienced a significant rally of nearly 18% this year due to loose Japanese monetary policy and tightening UK monetary policy. However, there may be a change in the latter as today's...
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.