Navigate the complexities of the GBP/JPY market with our in-depth Elliott Wave Analysis. In this detailed post, we meticulously chart the current wave sequence, offering insights into both short-term fluctuations and long-term market directions. We explore how key global economic factors, including the UK's ongoing political and economic challenges and Japan'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.
We have CHoCH in 15min TF and then a pullback and sweep of liquidity and I'll wait for the price to break our high and then wait for a pull back to find an entry. I'll update this idea next week.
Hello everyone, GBPJPY 1D NEW FORECAST Yesterday, the pair's price was subjected to new negative pressures, which prompted it to form a strong negative attack, incurring many losses by touching the 178.60 level, and then rebounding correctively towards 181.00. Currently, with trading positioned below the 55 moving average axis, which in turn constitutes an...
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...
There is currently a 21% probability that the Bank of Japan (BoJ) will raise interest rates during its upcoming meeting on December 19. This would really send shockwaves through yen pairs on the day. Yesterday’s huge gains in the yen against the US dollar and British pound are just a glimpse of the possible volatility this action could cause. Yesterday BoJ...
GBP-JPY keeps going down To retest the horizontal Support level of 181.1 From where I believe We will see a local Bullish rebound as The pair is now oversold !
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello everyone, GBPJPY 6H NEW FORECAST During Friday's trading, the pair's price was exposed to strong negative pressure. We noticed that it sneaked below the 186.25 level, forming a negative two-peak pattern. We noticed that it incurred some losses by touching the 185.50 level. Despite the general stability within the axes of the ascending channel, the...
We have a BOS to the upside and we are in a pull back right now, I think this specific order block is good to go long. as you can see there are two entry setup, one with lower RR and the other one with higher RR. I'll set an order for the higher RR setup and if it is not triggered then I'll wait for a CHoCH in lower TF to find another netry. Lets see what will...
Saw a drop of more than 0.20%, with the Japanese Yen gaining strength against major currencies. Despite the pair's overall uptrend, recent price action has formed a 'double top' pattern, suggesting further confirmation is needed, with the price breaking below 184.46. Conversely, a move above the November 28 daily high of 187.87 could set the stage for the pair to...
Hello everyone, GBPJPY 6H NEW FORECAST The pair's price confirmed its surrender to the control of the bearish corrective tendency by touching the level of 186.64 yesterday, approaching the previously expected negative target. Negative trading will remain in place for the current period, relying on repeated stability below 187.05in addition to the presentation of...
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 go a little bit lower to take liquidity below equal lows and then to reject from bullish order block + institutional big figure 186.000. Like, comment and subscribe to be in...
FX:GBPJPY Overall structure based on the weekly, daily, 4h and 1h, hence i have a bullish bias on GBPJPY. Price was countertrending and eventually broke and closed above 187.275 1H key support area and also broke countertrend structure and made a retest what is now 187.275 1h key support area. a bullish engulfing candlestick on the 30min and also a double bottom...
oin the harmonic voyage across the currency seas as we set sail on the GBPJPY ship, guided by the charts and the entrancing melodies of Elliott Wave Analysis. The market unfolds before us like a grand orchestration, and we're about to witness the crescendo of a potential bullish movement. In the opening notes of this market composition, the first wave whispers a...
my forecast for GBPJPY after Breakout to go down, do you want to enter?
GJ formed a bullish flag in a strong upward move. I'm anticipating a breakout of the structure and continuation of the move. My entry is Risky.
GBPJPY forecast to down or to up, i will wait the breakout to have good entry