GBPJPY✔️Expecting Mid Term Bearish Wave⚠️ Confirmation Trade Reaction from SELL area ..!!!
🔴 Try to SELL all the TOPS !!!
✅ Confirmation 182.10 zone
✅ Expecting Mid Term Bullish Wave
🔔 NEXT TARGET 178.85
Gbpjpyanalysis
Bears need to break this level in GBPJPY, +530 Pips potentialHello traders, we are seeing the formation of a resistance
zone in the 4Hour chart of GBP/JPY. However, price is being supported
by the 181.10 level.
Bears need to take out the 181.10 level to accelerate the downtrend.
There is potential for a 530 pips sell in GBPJPY as price is likely to
hit 176.24 as long as the resistance zone holds.
#GBPJPY:UPDATED VIEW NEW TARGET 174-175Hey Everyone, GBPJPY recently have overbought mainly due to JPY continuous bearish impulse. What we want to see here is for price to touch 181 region before it drops until 175 region where our take profit should be placed at.
Please Like and Comment for more. :)
GBPJPY= 179-181 Region to Sell Big🩸Hey Everyone, since our last update on GBPJPY price have continuously going up in other words price being extremely bullish. There is two major reason for it firstly GBP is extremely bullish after recent economic data and JPY which investors are still dumping it due to DXY extension demand.
Wait for price to come to our region before selling it, will update you guys once it's ready.
GBPJPY Trading ideaLooking for a breakout wither upside or downside, more into the sell since price is way to over bought in the higher timeframes. needs to do a correction
GBP/JPY finally showing bearish signs, time to fall 270 Pips?Dear traders, GBP/JPY is finally showing some bearish signs on the
1Hour chart after a huge bullish rally. So, there could be some short-term
pullback in GBP/JPY.
In the 1 hour chart, the price is very overextended from the hourly moving
average. So, there could be a pullback to 178.80 level.
If price continues to struggle at the resistance level highlighted in my chart,
traders can consider selling GBP/JPY@181.80-182.10 with SL above resistance
and TP at 178.80.
GBPJPY forecast 18June2023if you are looking for resistance areas on this pair, then you will look back to 2015. at the moment it looks like the bullish price is not defeated. if you want to go long, you should wait when the price retraces and maybe wait until the price pulls back until it touches the trendline which also serves as support.
gbpjpymy idea for gbpjpy with high risk this pair by long time it will reach 193 but now i think we have good to sell it just take 200 point with small stop loss approximetly 50 point
GBPJPY Trading Guide. Selling is not yet started.Note : small traders should trade with money management as the pair is highly volatile.
Level to take trades for small trading account holders
Sell 182.150
Tp 181.750
Sell 187.5
Tp 187.0
Sell 190 hold for long 178.
Fundamental Analysis
When everyone is selling GBPJPY, then who is buying it and why it's going up and up without stopping ???
The answer is very simple. Big Investors and traders with technical + fundamental knowledge are not buying JPY. whenever GBP breaks resistance, retest it and start moving up. Simply buy GBPJPY. because JPY is not offering anything to investors then why investors buy JPY ???. Now you get my point. Now we will do some technical analysis.
Technical analysis
Technically the pair is showing overbought sign do expect some correction from 181.8 to 182.350, you can sell pair in this range and hold 50 pips or 500 points easily. but I am expecting bullish rally to 190 & 195 areas To be tested easily in a month or 2 month may be earlier. There we will sell from 190 and our target will be 178. I have mentioned these in the chart also. As Daily chart is bullish but showing highly overbought sign so at 190 psychological mark expect aggressive selling of the pair.
Moreover, Bank of Japan is preparing to Intervene in the Market, so when the intervene will start ??? Bank of Japan is watching USDJPY levels so therefore when USDJPY reaches 150 then they will decide a meeting to intervene again. Apart from that retailers will also plan to wait at 150-152 area and avoid buying here.
So when USDJPY reaches 150 psychological mark, expect BOJ intervene in FX market.
As GBP is also going up without any Reason, therefore GBP will likely to fall heavy against all pairs.
GBPJPY Next Possible MovePair : GBPJPY ( British Pound / Japanese Yen )
Description :
Impulse Correction
Completed " ABC " Correction
Fibonacci Level - 78.60%
RSI - Divergence
Break of Structure
S / R Level
I told you about disaster area done now#GBPJPY... So guys as I told you above our disaster area of gbpjpy ...
And market now smoothly trade above and done your targets ...
Now market have upside area 181.50
That will be market final resistance area ...
A new era will start if market clear 181.50
So don't be lazy and keep close that area ..
It can change the the next story of gbpjpy...
Trade wisely
Good luck .
GBPJPY, expecting down H1i am expecting GBPJPY down move from here by making head & shoulder pattern
Ready, Set, Trade: Are We On the Road to 168??Hey there, quick update on this setup. Like I mentioned in the initial analysis post earlier, I was waiting for a signal from the TRFX indicator, looking at anything from 4hr to 12hr.
Well, it just gave the go-ahead on the 8hr mark after we saw a quick rise earlier - looks like we had a stop hunt.
I've put my stop loss a bit above 178 and I'm keeping my eyes on the prize at the 168 area. As this pair starts moving our way, I'll be closing parts of it and dragging the stop loss behind.
First thing's first, I'm looking to close about half of the position once we hit the 172.5 area and move the stop loss to the entry price. Hope this one helps you rack up some good pips
#GBPJPY- Multiple opportunities Buy and Sell!-Due to JPY weakness, all the JPY pairs have been overvalued and none of them had any strong pullback. What we are expecting and seeing here is that this strong bullish impulse will continue for another two or three weeks or up until NFP news comes out. Investors are clearly dumping JPY due to DXY is more suitable option at current market condition. If STRONG NFP DATA comes out then we may see another strong bullish impulse leading GBPJPY to 179.00-181.00 region.
-There are two opportunities here, first is to buy when we have minor pullback, this 'buy opportunity' in itself will be 400-500 pips move. Secondly if we misses out on buying then we will have 1000-2000 swing selling opportunity.
-Please Like and Follow for more.
GBP/JPY Analysis: Don't sell before confirmationDear traders, GBP/JPY is in a relentless uptrend for the last few days.
The rally is not showing any signs of stopping so far.
In fact, if we look at the daily, there is literally no resistance until 193.
That being said, we have the FOMC event today which could change the
current dynamics of all pairs including GBPJPY .
So, in case we can see the formation of bearish candlestick pattern in
177 level, we can consider selling.
GBPJPY is near strong resistance GBPJPY currently trading in bullish chanel of bigger time frame and now near to resistance.
So keep eyes on next price action, I expect market will definitely give us a good chance for selling from this strong resistance and hare we have a veey good risk and reward ratio also.
Trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
GBPUSD and 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.
GBPJPY: BOE Gov Bailey SpeaksFundamental technical analysis:
Based on the fibonacci retracement analysis, the current price correction is expected to reach the range of 0.618 to 0.5. This correction is aimed at providing liquidity for the upcoming price surge. Moreover, the RSI and EMA indicators suggest that the upward trend is likely to continue.
Market observation:
Earlier today, Jonathan Haskel, a policymaker at the Bank of England (BoE), made comments that supported the Pound Sterling. In an article published in The Scotsman newspaper, Haskel stated that it is crucial to continue to combat the risks of inflation momentum, and that interest rates may need to rise further.
On Tuesday, the UK's Office for National Statistics is expected to release labor market data. Average Earnings Excluding Bonus, which measures annual wage inflation, is predicted to increase to 6.9% in April from 6.7% in March. The markets have fully priced in a 25 basis points (bps) Bank of England rate hike at the next policy meeting on June 22. Therefore, if there is a low wage inflation, it may be difficult for the Pound Sterling to maintain its lead over other currencies, while the positive effect of a stronger-than-expected reading on the currency may be short-lived.
GBPJPY⚠️ALERT :Reaction from SELL Zone✔️ GBPJPY is expected to fall
✔️ Recommended to consider Selling from the balance and premium level 175.50
Now try to move down with new Sellers.
⚠️SELL the TOPS!!!
GBPJPY: New move of investors!Fundamental analysis
According to the EMA 34, 89, and 200 indicators, the market is currently on an upward trend and is following the price line. It is highly likely that the price may retest the slightly increasing sideways price zone or test the resistance area.
Market overview before news
In addition to the unexpected upturn in mortgage activity, investors should also look for a sustained rise in inflation. These reports pressure the Bank of England to tighten monetary policy. And this is good news for the British Pound, where interest rates and bond yields are lower than in the US.
GBPJPY: JAPANESE DEFINITION!Technical analysis:
The current trend for GBPJPY is still on the rise as indicated by the price line. The RSI shows an imbalance but doesn't indicate an oversold situation. The 2 EMAs are also providing support to the uptrend. In summary, it can be expected that GBPJPY will continue to increase in the upcoming days.
Market overview:
Monetary authorities in Japan have suggested that the yen may experience renewed pressure after a three-month period of easing. Despite the Bank of Japan maintaining its existing policies, the yen is at risk of being negatively affected by an intensified interest rate differential game. This game is expected to be more aggressive than last year, as yield spreads between Japan and the US have widened for both short and long-term yields. Japan can use the current higher interest rate environment to competitively devalue its currency to support national exporters. This is an opportunity that was missed during the previous decade, when interest rates were at zero.
