The GBP/JPY currency pair is currently indicating a selling zone, with the price at 196.604. This suggests a favorable opportunity for traders to sell the pair. To capitalize on this potential, traders may consider setting take profit levels at 195.50, 195.00, and 194.50, to secure profits as the price declines. Additionally, it's prudent to set a stop loss at...
✅The GBP/JPY currency pair is currently indicating a selling opportunity, with the price sitting at 199.500 ✅ This suggests that traders may consider selling the pair at this level. In terms of potential profit-taking levels, traders could look at exiting positions at 197.20, 196.70, and 196.00, which represent descending price targets. ✅ These levels provide...
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!
The GBP/JPY currency pair is displaying potential for a bearish movement, with a targeted selling zone identified at 196.70. This zone represents a level where sellers may look to enter the market, anticipating downward pressure on the exchange rate. Moreover, technical analysis suggests several potential targets for this bearish movement. The first target is set...
hello friends As you can see we had achieve all of our given Targets as we sent perdition in our previous analysis on this pair in this bull run... now its time to retrace some pips so if we see the Fib retracement its a easy target till design levels with a very low risk and higher rewards Friends its just a trade idea share ur thoughts with us Stay Tuned for...
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
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
GBPJPY as you can see every puch down with an AVG he filled that up, so in big picture that big bearish candle on the left its going to fill that avg to, GJ can make some deeper brearish candle for liqiud grap that wil maybe happen at the news tommorrow.
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.
possible 1:8 sell setup after price went for liquidity area
Most newbies, and even intermediate traders don't really understand what high risk to reward trades require from themselves and from the market. They think it is something to strive for, and that high RR trades are reserved for the pros. This is far from the truth. In this video I try to give more perspective to this concept. - R2F
GBPJPY - SHORT GBPJPY can start to fall or make bigger corrective structure from the red level. wait for the sell setups and risk small always use Stop lost. sometimes its might spick up to take everyone out before the fall so careful and use risk management. V.Ragunath
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
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...
- Currency Pair: GBP/JPY - Trade Type: Buying - Entry Price: 196.062 - Take Profit: 199.762 - Stop Loss: 193.958 Rationale for the Trade: - Bullish Outlook: The trade is initiated on the expectation of continued upward movement in the GBP/JPY pair. - Technical Analysis: The entry point coincides with key support levels, suggesting a potential...
Uptrend has been going up for too long without a break. Time for some retracement, or possible reversal. Potential for 200+ pips profit
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. My point of interest is if price continue the retracement to fill the imbalance and then rejects from bullish order block + institutional big figure 193.000. Fundamental news: Tomorrow...
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.