Key Cautionary Zones Strategic Insights on the GBPJPY and USDJPY! The market is paying attention to what may happen next to the JPY pairs. The BOJ raised interest rates but the impact was insignificant. On the other hand, they commented that the exchange rate was not important in influencing the inflation rate. However, at the same time, it is not clear...
Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
FX: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 to 195.844, which generally tells us about the...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk sell zone) spanning from 192.000 to 191.700, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 192.000 and 191.700, suggesting another area with moderate risk for potential buying...
Last week the Bank of England moved closer to cutting interest rates, but markets are divided on whether a first cut will come at the bank’s next meeting in June or whether policymakers will hold out for longer. Two official sets of employment data and two rounds of inflation figures are due before the BoE’s next meeting on June 20. The first of the two jobs...
Clear signs is showing that GBPJPY has been breaking its main resistance from 196.881 and we can see that a reversal is on its way. I have placed TP, SL, and Entry on screen. Please follow for more updates and signals with breakdowns! Please message me directly if you have any inquires about these trades.
Hello Traders ! On Friday 3 May, The GBPJPY Reached a Strong Support Level (191.370 - 189.994) Currently, The Lower High is Broken (Change of Character). So, I Expect a Bullish Move📈 ------------- TARGET: 197.040🎯
www.tradingview.com On the chart H1, after 3 bullish waves an 2 bearish waves so we expected en ABC corrective waves.
OANDA:GBPJPY The H1 trendline of GBPJPY has been broken, and the setup has already been shared in the e minds. Now, we just need to wait for a retest for the entry setup to form. Also, there is support, which will act as resistance. Support levels are: 196.100-195.900. The entry has been taken from the H4 Fibonacci level of 0.786
GBPJPY SELL SETUP. entering after confirmation. Higher timeframe Supply has been mitigated. And now on lower timeframe CHoCH happened. And waiting for inducement to be swiped.
hey team hope you are Enjoying our ideas and Analysis today we are monitoring GBPJPY looking for Bullish around 194.708 our final target 200.022 that it is Runnning in Trend line that we SEE in Chart Analyse
GBP/JPY Currently +250 Pips in Profits with secured bag Expecting another +100 Pips to move on to my target
It is expected that the current upward trend will end in the specified time and resistance range and we will see the beginning of the corrective trend.
The GBP/JPY Futures have demonstrated seven consecutive days of growth, characterized by a consistent retesting of previous market inefficiencies and increasing volumes. Each day, the price has closed above the volume range of every candle, while also maintaining its position above the Volume Weighted Average Price (VWAP). Additionally, the Delta has consistently...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Journaling: Price is sitting below 0.618 of the daily bearish move. Although price has moved up its taken 7 bullish candles to retrace 61.8% of 3 daily candles. Unless price breaks above 61.8 we will see a bearish move. No need for a large SL my target is the next 61.8 where I will take partial profits
Hello,Traders! GBP-JPY is trading in an Uptrend but the pair is Locally overbought so After it hits the horizontal Resistance level of 197.410 I will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!