possibility of uptrend After some fluctuation, the continuation of the downward trend is expected to be formed up to the specified support range. If the price crosses the 78.6% level, the continuation of the upward trend is likelyLongby STPFOREX3
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
Key area sell on GJWe looking for GJ to take out these lows and continue down , 4hr timeframe is at key area and sells will be heavy Shortby YourGodson3
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 breakout daily Gbpjpy has tried to break 200 resistance several times now and overall trend is still bullish with some pullbacks. If Gbpjpy is able to break its 200 resistance it will test 211. Buy position at 201 after retest with tp each horizontal ray as plotted on chart and sl according to your risk. If it fails to break resistance than sell Gbpjpy at 197 after retest with tp as given on chart and sl according to your risk. by Ats93
GBPJPY Ascending Channel Breakdown: Potential Short OpportunityIn ths analysis, we are looking at the 15-minute chart for GBP/JPY on the OANDA platform. The price action has been confined within an ascending channel, characterized by higher highs and higher lows. However, the recent price movement indicates a potential bearish reversal, as evidenced by the formation of a bearish candle near the upper boundary of the channel.by ezzie_trades3
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- Previous Day candle closed bearish . If we are looking for buys we will take on until daily resistance formed on 26 sep 05 and tp 2 on 30 may 24 - If we are looking for sells we take on until tp 02 dec 04 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-10% of our capital. Close trades manually once price reverses to opposite direction and 1 hour candle closes below/above order Block. - After hitting TP 1 or any TP {dont not re-enter new trade} , for TP 2 always use B.E .by Mbugua-KeUpdated 3
GBPJPY LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyLongby akmalsabran909
GJ POSSIBLE SHORT The pair has been trading in a bullish trend up to the April high which forms a strong resistance. The pair has recently broke below the rising support trendline on H4. If this level holds, I will be looking for short trades. Please do your own analysis before placing any trades. Cheers and happy trading !Shortby FX_Wize337
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 is at decision point--------------GBPJPY EITHER WAY-------------- This pair is at decision point at the moment. There are two scenarios, both have 50% change. Now the best thing one can do is to watch the next couple of hours (NFP can be a trigger) how this course will behave. I am waiting for the short opportunity but there is a massive bull trend, so this bullish sentiment can prevail. The best asset a trader can have is patience. This is where most of the traders fail and it is even harder when you are in profit. Take care and trade well! This is not a financial advice, do your own analysis and research. by Szuperpotyka2
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 113
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 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
GBPJPY SHORTDaily - Break of bulish structure - Bearish W - Institutional candle - Bearish candle close Weekly - Rejection region - Bullish structure (!) 4 hour - support region > resistance Conclusion - weekly not so clear, risky (!) - daily very clear - a lot of downside potential - jpx index bullish daily mShortby Toanerzih3