sell gbpjpy only if you give me confirmationI will look for confirmation to take advantage of the pullback to my original zone to continue buyingShortby aayou_fx113
GBP/JPY Reflects Inside-Day CandleGBP/JPY appears to be defending the weekly low (197.21) as it no longer carves a series of lower highs and lows. GBP/JPY Outlook GBP/JPY may attempt to retrace the decline from the start of the week as it reflects an inside-day candle, with a move above the 199.80 (61.8% Fibonacci retracement) to 200.50 (78.6% Fibonacci extension) region bringing the May high (200.75) on the radar. Next area of interest comes in around 202.00 (23.6% Fibonacci extension) to 202.40 (50% Fibonacci extension), but lack of momentum to retrace the decline from the weekly high (200.65) may keep GBP/JPY within the May range. Failure to hold above the 195.70 (61.8% Fibonacci extension) to 196.60 (23.6% Fibonacci extension) area may lead to a test of the 50-Day SMA (195.02), with the next region of interest coming in around 192.40 (50% Fibonacci extension) to 193.50 (38.2% Fibonacci extension) should GBP/JPY no longer respond to the positive slope in the moving average. --- Written by David Song, Strategist at FOREX.comby FOREXcom3
gbpjpy short idea a new set of LL and LH are being formed. as long as the previous high isnt broken we should see minimum target 1 hit . this could be the start of a smaller downtrend within the overall trend itselfShortby billiionaire3
GBPJPY: Month-Long Bearish Outlook Revealed!Greetings Traders! Brief Description🖊️: The market's movements are governed by smart money, which controls the majority of liquidity. It is not governed by retail traders. They dictate market terms, while we trade patterns they generate. Smart money has two primary objectives: order pairing (entering the market against liquidity) and order booking (scaling out their positions). Due to their substantial liquidity, smart money enters the market against large amounts of liquidity, typically found on higher timeframes. This movement is necessary for them to enter and exit the market, driving market dynamics. Market Analysis📉: Currently, on GBPJPY, buy stop liquidity has been taken, indicating that smart money has entered their positions in a premium. The expectation is a draw towards the downside, targeting significant liquidity areas such as relatively equal lows and trendline liquidity. The daily bearish order block is expected to resist price, initiating bearish institutional order flow. Things We Have Seen👀: Relatively Equal Lows: These areas possess substantial liquidity, making them attractive targets for smart money. Sell-Side Liquidity: A significant amount of investments exist at these lows. Engineered Trendline Liquidity: More investments exist at these lows, increasing the plausibility of the market drawing towards this level to absorb the existing liquidity. What's Important Now❗: Stay observant of how the market reacts at these critical levels. Understanding the objectives of smart money can provide valuable insights into potential price movements. Best Regards, The_ArchitectShortby The_Archi-tect3
trade suggestion: selling the GBP/JPY pair at 200.50.trade suggestion: selling the GBP/JPY pair at 200.50. You've provided multiple target prices (TP) for potential profit-taking: 200, 199.50, and 199.00, indicating a structured approach to maximizing gains. Additionally, you've set a stop loss (SL) at 201.20 to limit potential losses, demonstrating risk management within your trading strategy. This level of detail suggests a thoughtful and strategic approach to forex trading, aiming to capitalize on market movements while mitigating downside risk. It's evident that you've put considerable effort into analyzing market trends and crafting a well-defined trading plan. This comprehensive approach reflects a commitment to disciplined trading practices, which are essential for long-term success in the forex marketShortby FOREX_trade_01Updated 22176
GBPJPY - Long active !!Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action as price rejected from trendline + institutional big figure 199.000. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD2218
GBP/JPY bearish move nowHello traders, we now see GJ hitting the trend line at 200.000 zone. it has rejected off of it nicely. we can see price now heading to 139 zone. Before heading upwards again. drop a like if you agree. Also follow me for more ideas. drop a comment if you disagree. Shortby ZORO-WSS2216
GBPJPY - Sell PossibilityThesis is outlined in the chart. Heavy 4H TF divergence > Bearish breakout already retested impulse followed by correction to 78.6% Inverted hammer above box Waiting for strong closing bearish candle and then retest of 199.504 to enter 90% probability based on rule parametersShortby BetterBusinessBullyUpdated 3
GBPJPY Sell/ShortNew sell short for GBPJPY sell short. I have a TP for 196.971 set in and a stop loss can be set for 25 pips. Please message me for any questions in regards of this trade. Shortby KingTraderFXUpdated 5
GBPJPY in the bullish trend observed.GBPJPY in the bullish trend observed. OANDA:GBPJPY The next target for GBPJPY is to reach near 205, The is technically observed that the GBPJPY will reach to the next uptrend target in these coming days. For more updates about this keep following me and hits likes if you find this idea best for you. OANDA:GBPJPY OANDA:GBPJPY LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.by Ali_ExplorerUpdated 114
GBPJPY WILL EXPLODE BUYManage SL during news time, intraday trade tp and sl mentioned not a financial adviceLongby ArehmanB2
GBPJPY: trend in 4H timeframePlease pay special attention to the accurate trend, and colored levels. Be careful BEST MTby MT_TUpdated 2
GBPJPY Selling opportunityAfter a reversal at 50% of Fibo on lower timeframes, I expect a selling opportunity. This is not a financial advice, make sure you do your own analysisShortby The258ChartsSMC2
GBPJPY Top-down analysis 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.Short04:27by ForexWizard012
GBPJPY Revese the trendin my opinion GBPJPY in reverse mode because its reverse from resistence level and making the bearish divergence on RSI. i take the trade on breaking last HL .Shortby asadiii3
GBPJPY, a rebound play is in order.GBPJPY, a fave of traders who value volatility recently corrected significantly to 181 range from the highs of 183. Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days. The pair is currently bouncing off a 0.5 FIB level, a major order block support. Expect some attempt to reverse to the upside in the next coming days. Spotted at 181.30 TAYOR. Safeguard funds always.Longby JSALUpdated 229
long GJJpy market looking pretty good, but USA isn't this week. i'll be looking for a retracement with some wick as support to long this trade. maybe only 1 x order if happens today, don't like trading on mondays. Longby FormedzeusUpdated 221
GBPJPY UPGBPJPY Going up to 204.400 as i think if price closed above the target will put the next target Longby Ehab_AliUpdated 1
NEW PEAKGBPJPY Tendency the price is a long pressure in between 198.552 and 197.956 Turning level : The turning level between198.552 and 197.956 so as long as the price above this level, there will be a new peak resistance level : trade above turning level between 198.552 and 197.956 , the price will rise to 199.996 and 200.934 support level : braking a turning level 198.552, the price will reach the support level of 196.881 and 195.574 corrective level : price will attempt between 198.552 and 197.956 , correct itself before long Longby ArinaKarayi2
GBPJPY short movePrice had hit a very strong resistance level and reacted bearishly and hence i expected to see price drive downward. Shortby OCBE-FX1
ShortPrice is currently at a retest of the most previous low which is also a imbalance which indicates a buy. Price has just rejected from the nearest QP and has the potential to short 250 pips down. GJ is known to move from QP in one day. We are currently in a market pullback/ correction so this position should not be held long. Once we reach the next area of resistance, which is a strong daily resistance, we will buy. Shortby tstephen0101