GBPJPY shifeted market structure to the downside and is now retracing back to mitigate sell limits above. Last week, price closed strongly above a key level and a small retracement will to the Point of Interest is expected before price rallies up to the supply zone above. Look for short-term buys before selling
The US dollar index is struggling to build on Friday's recovery and remains at 100.00. The UK's FTSE 100 index is lower and US stock futures are mixed, indicating a cautious market stance. The sharp decline in Wall Street's major indices after the opening bell may help the USD find demand in case of a lack of high-level data releases. On Wednesday, the UK...
🚨 GBPJPY UPDATE 🚨 * Here we can see clearly Pound/Yen has moved perfectly according to My Previous Analysis. * Review My Previous Analysis on July11. * Here we can see clearly GBPJPY went through My EP(SELL) nicely, went down & pulled back as predicted. * Keep your eye close on your trading positions. * Happy pip hunting traders. * FXKILLA *
Here is my analysis for GBPJPY on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
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.
Hey everyone, hope you are doing great, in our view GBPJPY is yet to continue the bullish momentum until 192-195. Let’s catch this opportunity. Like and Comment ;)
The GBP/JPY currency pair has experienced its first daily increase in three days following the release of UK inflation data. The data showed that both the UK CPI and Core CPI rose higher than expected in May. The pair has rebounded off of the 100-hour moving average and is currently being favored by positive indicators. With the weekly resistance line acting as...
The annual Consumer Price Index (CPI) is predicted to decrease to 3.1% in June from the previous month's 4%. Likewise, the Core CPI, which is not affected by volatile food and energy prices, is expected to slightly decrease to 5% from 5.3%. Investors are expected to pay attention to the monthly Core CPI reading as it offers a more accurate portrayal of inflation....
🚨 GBPJPY HIGH PROBABILITY BUY SETUP SOON 🚨 * Here we can see clearly the next potential move for Pound/Yen in coming hours or day. * I can see GBPJPY is still within the Parallel Channel , & it's about to from Double Bottom Reversal Pattern at the Strong Support Line at 182.131. * EP(BUY): 182.295 * TP1: 183.090 * SL: 181.872 * Keep your eye close on your...
IM just waiting for the 4h to close inside structure as it has rejected from the lower key level, following the close I will wait for a HH close on the 15m to look for buys
the price right now is mitigated demand level so we expect the price will continue to the upside watch the price on smaller TF searching for buying opportunities _____________________________________________________________ don't forget your risk management follow for more :))
Hi traders, We noticed a few key points we want to share with you today on the GBPJPY. We have an incomplete bearish ABCD harmonic trend hike. Once completed, we will expect to see another bearish wave. We have a bearish trend line that has been respected that is yet to be tested again this coming week. Should we break through, we will have our final...
(Monthly Chart)BXY retest MA 200 resistance near to 128.79. Failing apart would retracing to point: 124.47 (major support 1) 121.47(major support 2) Patience is key for GBPJPY breaking another new highs!
The British pound has fallen initially during the trading session on Tuesday, only to test the support level that we have been dealing with for several days now. Ultimately, this market continues to see a lot of back-and-forth, and that makes quite a bit of sense considering that people don’t know what to do with the economy. However, the interest rate...
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
FX:GBPJPY Day Trade for today GPBJPY Buy 182.6 TOP 1: 182.898 TOP 2. 183.500
Yen has been weak across all other currencies. Sterling has had one of the best performances against it. Will it continue? We shall see. The chart favors continuation in my opinion, even though we are witnessing a rising wedge formation, which typically breaks to the downside. There are times also when it does the opposite. Also take note of the similar type of...
Hello, I greet you in the Name of Jesus Christ, how are you all doing? This is my prediction I see price moving towards 182.812-820 mark, this analysis is based on Market structure as we have had a whole IMPULSE move then CORRECTION and now onto CONTINUATION mark. There is also a ZONE that I believe should be hit, more so this is minor structure which plays out...