GBPJPY - SHORT Adding to the previous trade after price formed a symmetrical triangle and breaks it after breaking the ascending channel. Moved my first trade SL to breakeven.
Gbpjpyprediction
GBPJPYBecause the interest rate difference between the US and Japan is still large, the sell-off of the yen in the market continues to accelerate despite the BOJ's decision to maintain loosening yield curve control.
Japanese yen pound is on a downward The Japanese yen pound is on a downward trend. The above decision shows that rising global bond yields and sustained high inflation are making it more difficult for the Bank of Japan to maintain its yield curve control policy.
As the outlook for the economy and prices remains extremely uncertain, the Bank of Japan will continue to promote accommodative monetary policy. The agency previously updated its inflation forecast for fiscal 2023 and 2024 to 2.8%, the third consecutive period above the central bank's 2% target.
Japan adjusts monetary policy, yen depreciates sharply – Photo 1. Bank of Japan Governor Kazuo Ueda: ``Although the situation remains extremely unstable, we have judged that it is appropriate to implement a more flexible yield curve control policy regarding interest rates.Long-term interest rates will adapt to future changes. can be set up in financial markets.
Following the decision, the yen plunged against the US dollar as traders focused on the Bank of Japan's commitment to maintain economic stimulus and forecast that inflation would fall below 2% in 2025.
GBPJPY - SHORTAscending Channel inside Ascending Channel: Price formed a high test candle at the upper part of an ascending channel.
GBPUSD and GBPJPY Top-down analysisHello 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.
GBP/JPY buy order executed at 180.85, more uptrend ahead?Hello traders, as per my previous trading plan published on
27 October, we placed our buy order in GBP/JPY@180.85.
GBP/JPY went very close to the 100-day EMA level which triggered our
buy entry. Keep in mind, if the level holds, you can expect further
uptrend. 183.71 would be the first hurdle which if cleared would
take GBP/JPY towards 185 and even 187.
GBP/JPY 170 Pips profit booked, more uptrend looks likelyHello traders, if you followed my previous ideas on GBP/JPY
you already know that we have been buying the dips below
181. We had a couple of buy positions near 180.80 which generated
over 160 pips on each trade.
Currently, if you look at the daily chart, you can see that the price has
rebounded after moving very close to the 100day EMA . With BOJ
keeping the negative rates intact, it will probably weaken Yen in the
near term. So, we can expect GBP/JPY to probably reach 187 and even
higher. So, my strategy is to buy the dips in GBP/JPY.
GBPJPY Monthly Top Down AnalysisGBPJPY had a very explosive bullish week last week. So this week I'm waiting to see if price will pullback to provide an entry before potentially heading back up again.
Please use your own risk tolerance and analysis before following this trade idea.
😁 Like this video post and comment below what your personal analysis is on this pair.
Safe trading.
GBPJPY LongsPrice accumulated below the lows, within a Daily imbalance. Following order flow up, I want to see us respect the current 1H range and continue higher targeting the equal high liquidity on the daily.
GBPJPY I It will keep growing Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPJPY Descending Channel Fake BreakoutWe expect further downside on this pair, signalled by the false breakout of the descending channel pattern. We can also see the testing and closing below of price the key level which further supports our directional basis.
GBPJPY possible buy zone!A minor double bottom pattern has emerged on GBPJPY, precisely on a horizontal support level within the intraday timeframe. This setup appears to present a promising opportunity for short-term scalping.
There is a potential for the currency pair to experience a rebound towards the 184.25 mark.
GBPJPY I Short from resistance and more growthWelcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GBPJPY Long Term SELLING Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY Long Term SELLING Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
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.
Watch out! GBP/JPY inching closer to the hourly resistanceHello trader, in both of my last two ideas on GBPJPY, I advised you to go long in GJ.
Price was at 181.30 back then. So, if you followed you already made over 200 pips
profit.
Currently, on the hourly chart, GJ is inching closer to the hourly resistance at 183.80
zone. If the zone holds and we see the formation of some rejection candles in this area,
then we can expect GJ to fall to 182.50.
Watch out for GBP data later in the day which can trigger big moves in GJ
Bullish base building up in GBP/JPY, Time to look for buys?Hello traders, we are possibly witnessing the a consolidation and building
of a bullish base for GBP/JPY which will propel the price towards 185
and even 188 in the coming days.
Currently, I do not have any open positions in GBP/JPY. However, if price dips
towards the 100 day EMA level near 180, I would definitely consider a buy
entry.
GBPJPY BUYHello, according to the analysis of the GBPJPY pair, there is a good opportunity to buy. With the break of the downward channel as shown in the analysis, we also notice that the price returned to the downward channel to be retested successfully. All these factors confirm that the market is for purchase. good luck for everbody
GBPJPY Bearish Bias! GBP-JPY has almost reached
The supply cluster of the
Falling and horizontal levels
So a move down is to be
Expected towards the
Target of 180.016 !
GBPJPY Long Term SELLING Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBP/JPY hourly chart analysis, range trading possibleHello traders, in my previous GBP/JPY analysis I recommended selling
at 182.70 as it was a hourly resistance. If you followed that idea, you
made over 150 pips profit as price reached the hourly support.
Currently, the price has rebounded from the 181.20 hourly support level.
We have the formation of a reversal candlestick and based on the momentum,
we can see price reach 182.80 level once again.
