GBPJPY BUY NOW!!!!!!!!! 202.000 INCOMING GBPJPY made a bullish move and created an fvg due to the buying pressure from cpi now the price is pushing to create new highs at 202.000 levels am taking a buys from this current fvg zone. JOIN AND ENJOY Tell us your viewsLongby CAPTAINFX2223
GBP/JPY Rallies to Fresh Yearly HighGBP/JPY stages a four-day rally to register a fresh yearly high (200.94). GBP/JPY Outlook GBP/JPY may continue to trade to fresh yearly highs as it extends the recent series of higher highs and lows, and a further advance in the exchange rate may push the Relative Strength Index (RSI) towards overbought territory. The breach above the May high (200.75) may push GBP/JPY towards the 202.00 (23.6% Fibonacci extension) to 202.40 (50% Fibonacci extension) region, with the next area of interest coming in around 206.60 (100% Fibonacci extension). However, the RSI may start to diverge with price if it continues to hold below 70, and failure to defend the 199.80 (61.8% Fibonacci retracement) to 200.50 (78.6% Fibonacci extension) zone may push GBP/JPY back towards the monthly low (197.21). --- Written by David Song, Strategist at FOREX.comby FOREXcom0
GBPJPY AFTER 1 DAY 3 steps analysis 1/general trendline : uptrend 2/ zone support and resistance 3/ +3 confirmations entry by hamidTrader210
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 ToanerzihUpdated 3
GBPJPY ( FED RATE )GBPJPY Tendency the price is BEARISH pressure in 199.208 Turning level : The turning level 199.208 , so as long as the price stable above this level, it will make a new peaks resistance level : trade above turning level 199.208 , the price will rise to 201.989, then reach 203.337 support level : braking a turning level 199.208, the price will reach the support level of 196.881 and 195.574 then 194.457 corrective level : price will attempt 199.208 , correct itself before long Longby ArinaKarayi3
Sell opportunity in the H1 supply area ?I see a strong supply area on H1 as evidenced by price rejections that have not been able to penetrate this supply area. For those of us who follow SnD, this can be used as a SELL setup plan in the RBD area of the GBPJPY supply area. The most important thing is to keep risk in mind. Happy Trading. Disclaimer: always trade safely, trading risks are not our responsibility.Shortby AHAFX10Updated 224
"Mastering GBP/JPY: Top Buy-Side Trading Strategies for MaximumAre you ready to capitalize on bearish trends in the GBP/JPY forex pair? In this video, we delve into the most effective sell-side trading strategies to help you maximize your profits. Learn how to analyze market trends, identify key resistance levels, and make informed trading decisions. Perfect for both novice and experienced traders, our expert insights and tips will guide you through the complexities of the forex market. Don't miss out on the opportunity to enhance your trading skills and achieve financial success.Long01:15by muntishabuilderUpdated 333
GBPJPY in bearish trend after HTF divergenceGBPJPY has had a big rally and now consolidating after a sell of that is giving me a clue that price will most likely go down. Price currently at a golden fib level and we could see more downside.Shortby hassanejaz1Updated 8
GBPJPYSELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 30m is recommended. Shortby ComteSt.Germain5
"Mastering GBP/JPY: Top Sell-Side Trading Strategies for MaximumAre you ready to capitalize on bearish trends in the GBP/JPY forex pair? In this video, we delve into the most effective sell-side trading strategies to help you maximize your profits. Learn how to analyze market trends, identify key resistance levels, and make informed trading decisions. Perfect for both novice and experienced traders, our expert insights and tips will guide you through the complexities of the forex market. Don't miss out on the opportunity to enhance your trading skills and achieve financial success.Short01:24by muntishabuilderUpdated 115
possibility of uptrend According to the behavior of the price in the current resistance range, possible scenarios have been identified. As long as the price is above the 78.6% level, the continuation of the upward trend is likelyby STPFOREX2
GBPJPY Possible Correction Downwards#market_update #economic_events 🌟 Important Market Events Today 🌟 Here are a few key economic events set to impact the market today: 💰 Inflation: Economists anticipate that U.S. headline inflation held steady at 3.4% annually in May. If the inflation rate is significantly higher, it could be poorly received by equity markets, which are currently at record highs, particularly as it would counteract the positive cooling trend observed in April. 🏛 Federal Reserve and Monetary Policy: The Fed is expected to maintain interest rates at 5.25% to 5.5%, with attention on the updated economic projections, known as the "dot plot," and Chair Jerome Powell's news conference for hints on the timing and pace of rate cuts. The consensus is that the number of rate cuts in 2024 will be reduced from three to two. Despite this, Powell is likely to adopt a relatively dovish tone due to recent disappointing growth indicators. Stay tuned for updates and insights on these critical events! 🎯 Feel free to share some of your insights and interact with the community! 💵💵💵 GET $20,000 JUST FOR $99 PERFECT20 (promo code)Shortby sabiotrade1
GBPJPY - Bullish TrendGBPJPY has been in Bullish Trend on Higher Time frames and now on the 1 hr it has retraced from a key level and it has gone bullish after that so good chances for buy trade.Longby hassan_ghafoor072
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
CHART BREAKDOWN GBPJPY: Key Levels, Targets and Thoughts!Trade Update: GBP/JPY We have some great news on our recent GBP/JPY trade! 💲 After analyzing the market conditions and identifying a solid setup, our trade has successfully Hit Take Profit 1 (TP1). This made sure that the majority of our positions have been secured and cashed out some of our gains, allowing us to lock in profits and reduce risk. Following this, we moved our stop loss to breakeven to ensure no loss on the remaining position. This strategy not only protects our capital but also gives us the opportunity to capture further potential gains with zero risk on the table and cashing out on TP2s and TP3s. Stay tuned for more updates and happy trading! 🚀Shortby TTradessss119
GBP/JPY - Don´t Stop !! We have a clear TrendLine , it means LIQUIDITY be patience with the market. (patience pay) You can choose one of the setups that you prefer.. REMEMBER: If you are not sure of the entry, leave alone the market please !! if you liked it, FOLLOW ME :)Longby DAISTRUM0
GBPJPY - Short Log4 or 5 time price failed to break above 78.6% retracement of the most recent bearish impulse move. Price has created LL but same highs inside of a bearish channel this being the top bearish candle patterns at this top on multiple high time frames i.e. - hanging man and inverted hammer Target 1 is 61.8 of the bullish move target 2 would be the bottom of the channel, target 3 127.2 extensionShortby BetterBusinessBullyUpdated 7
GBP_JPY WILL FALL|SHORT| ✅GBP_JPY will soon retest a key resistance level of 200.760 So I think that the pair will make a pullback And go down to retest the demand level below at 199.700 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx114
GBPJPY ( ATTEMPT TO CREATE A DOWNTREND )GBPJPY Tendency the price is BEARISH pressure in 200.319 Turning level : The turning level 200.319 , so as long as the price stable above this level, it will make a new peaks resistance level : trade above turning level 200.319 , the price will rise to 200.880 , then make a historical price support level : braking a turning level 200.319, the price will reach the support level of 198.770 and 196.881 corrective level : price will attempt 200.319, correct itself before downward Shortby ArinaKarayi118
GBPJPYIs GBBPJPY exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 198.400 What you guys think of it?by JustTradeSignals4432
#001 JPY Pairs Testing All Time HighsBought GBPJPY during test of previous peak price. Sellers testing if buyers are willing to pay higher prices or not. 1834SGT 11062024Longby ProfessionalDuckHunter110
GBPJPY IDEA LONG POSITION Pair : GBPJPY Position : LONG ( BUY ) Entry 1 : 200.050 STOP LOSS @ 199.650 TP 1 @ 200.450 TP 2 @ 200.850 TP 3 @ open ( Trailing SL ) Longby hamidTrader21445
GBPJPY Is Bearish! Short! Please, check our technical outlook for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 200.139. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 197.012 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider2220