Hey Everyone, OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and...
OANDA:GBPUSD this is support and you can buy and the target is red box inshallah we make profit today
Daily chart: GBPJPY is currently in the 194.762 -194.974 key resistance zone from a technical perspective. If the price does not break the 194.974 level, a bearish pattern will be activated. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
OANDA:GBPJPY The pair is overbought and near resistance. Indicators show that the price has formed a peak. Fundamentally, after the BoJ decision to hike rates up to 0.1%, which was expected, the yen should recover, GJ should follow suite. The trade if the scenario unfolds will take a while
Hello,Traders! GBP-JPY went up sharply But the pair is locally Oversold so as the pair Is retesting a horizontal Resistance of 192.945 A local bearish correction Is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price bouncing in the 190.500 resistance zone. Rejection candle on the support. Target next resistance zone at 192.700
Deciphering Market Movements! GBPJPY & USDJPY Analysis: Friday, APRIL 26 The market will await the BOJ's interest rate decision. It will be an important day because during the previous meeting BOJ increased the interest rate but according to the market it was accompanied by a dovish signal. On Friday, April 19, the Japanese Yen (JPY) benefited due to its...
trying this out, going to try push gj, within 1hr to pump. sorry vpn issues, cannot post fast enough, goign to watch within tokyo first hour should pump, if not im closing, if break previous 15m swing high is another entry. can use stop market order then sl maybe 15 pips. just a idea
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
I am neutral on the pair, if the price respects the resistance level, we will go short, if the price breaks the resistance level, we will go long and then retrace from the rise date
We're currently monitoring GBP/JPY for another potential entry opportunity within a defined range area. Our analysis suggests a possible upcoming bearish movement towards the lower boundary of the rectangle. It's worth noting that these trades are geared towards short-term scalping strategies. Therefore, we advise thorough consideration and evaluation of the...
GBPJPY is the ticker symbol for the British pound sterling and the Japanese yen exchange rate.
Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
The price is currently trading at resistance levels in all major time frames (4-hour, daily, weekly) Market sentiment is 90% short The divergence on the weekly chart gives us a better idea of the overall trend Stop loss 194.40, which is the fulcrum support for the daily time frame Profit level: 192.825 193.219 193.462 Good luck to you! !
Looking at the 3 months time frame and we can see that we are at a strong supply zone! Also the fibs lining up perfectly. I'll be holding this position for long time since trading higher TF. Bank of Japan will mostly intervene coming days and we shall see a sharp drop by next Friday! We are trading at 2007 levels and extremely overbought.
Trying to short and pick the top of an uptrend. Tight SL, ultra distant TP, therefore, big risk reward. Since it's wednesday, better to short it after rollover time to avoid high swap fees.
Showing my skills when it comes to trading GJ. Aiming for 10 wins in a row, and publish them here so others can keep track of it
My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 194.29 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 193.13 Recommended Stop Loss - 195.01 About Used...