#GBPJPY - H1 📣 Looking at the 1-hour timeframe, with the breakdown of the downtrend at 194.17, we expect price growth towards the 195.90 range. ⛔ Stop Loss: 192.80 On the other hand, with a breakdown below the 192.80 range, selling can be considered with a target of 191.30. ⛔ Stop Loss: 194.17
The 4-hour right side is up against 186.04. 1-hour right side is turning down against 197.4. Near term, while below 197.4, expect pair to extend lower to correct cycle from 3.11.2024 low in 3, 7, or 11 swing towards 186.04 – 190.4 area before it resumes higher. We like the long side from the 4 hour blue box area (if reached).
Trader Tom, an investing.com technical analyst explains why he isn't buying JPY pairs today and why you should always apply a multi timeframe approach when analyzing the charts. This is one of many vids so if you would like to see more then please join us and hit the boost button.
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Quick post from us on GJ! We have a higher target on this but it's potentially where this move terminates. So, we'll be looking at the level above for a RIP, if we get it, we'll short. As always, trade safe. KOG
Explore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
GBPJPY Outlook for the Day! SLIGHT GAIN TO DROP: Daily candle had closed with bullish candle. I predict price will collect H4 buying breakout zone & H1 support for a buying continuation. Target: We will focus on buying within the zones until we see a selling opportunity within the Daily selling breakout zone & H4 resistance. Action: We start off with the...
Pair : GBPJPY Position : LONG( BUY) Entry 1 : 193.825 STOP LOSS @ 193.425 TP 1 @ 194.225 TP 2 @ 194.625 TP 3 @ open ( Trailing SL )
GBP/JPY is rising toward the pivot, which acts as pullback resistance, and could potentially reverse from this level to the 1st support. Pivot: 195.453 1st Support: 191.718 1st Resistance: 197.379 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
Hello,Friends! It makes sense for us to go short on GBP/JPY right now from the resistance line above with the target of 193.114 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
📈 GBPJPY → The Yen continues to weaken. Target 197.0 GBPJPY is testing trend support, but buyers are keeping the price away from risk zones. The currency pair is returning to the bullish zone relative to 193.5, which generally opens up the market to 195.0-197.0 upside potential On W1, the currency pair after a false breakdown of global resistance is moving back...
Take a look at our analysis for GBPJPY. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 191.946. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 192.595 level. P.S The term oversold...
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.
The GBP/JPY has recently reached a key support area, coinciding with the completion of a Bat pattern. If the currency pair is able to break through the current supply zone (almost 190.5) , we anticipate a potential rise in prices.
GBPJPY took a bounce from the sell side liquidity and price have already been rejected from that zone with bullish engulfing candle confirmations for buy am taking a buy entry from this zone with tp 201.000 JOIN AND ENJOY Tell us what you think.........?
i will enter 1 order as per post, but maybe 1 more, based on the candle patterns.
Dear All, this my idea for sell once sell candle or 30min choch get then only i go short this is my ideas only. what you flow your trading statistics you can continue. you need more my ideas flow me
Traders are closely monitoring the GBP/JPY pair, eyeing a potential buy opportunity as it approaches the buy zone at 194.70. This level signifies a significant support zone where buyers are expected to enter the market with increased activity, potentially driving GBP/JPY prices higher. Traders view this buy zone as an optimal entry point to capitalize on potential...