GBPJPY-LongGBPJPY market is moving in downtrend channel. While in recent downtrend we can see bullish engulfing. So looking at the position i am looking for buy move with two possibilities that i have mentioned.
Gbpjpyprediction
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIASCurrently, GBPJPY is going down a bit due to MARKET RISK OFF. We expect GBPJPY to go UP again.
Anyway, that PRICE can fall on the SUPPORT LINE on the GBPJPY chart again. After that the MARKET can go UPSIDE. You can definitely buy at the GBPJPY 168.69 level. For that, MARKET RISK should be ON.
But we can sell GBPJPY up to 158.60 LEVEL according to the STRUCTURE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK OFF in the coming days. We must pay attention to MARKET SENTIMENT.
GBPJPY SELLS w; bullish but its been rejected from the same resistance twice so I am expecting some bearish moves
d; ranging
4h; ranging
for any shorts ill be looking for the price to break the range zone, the previous HL, the s/r zone with a momentum candlestick, and below the ema's 50/20
1h price action confirmation and below the ema's
GBPJPY IS FALLING - SELL !!Hello traders,
Yesterday we shared analysis on the potential short opportunity for GBPJPY, the trade is playing out exactly as anticipated.
Expecting greater momentum to the downside to the specified target (159.00) .
Let me know if you have any questions below.
God bless,
ETGL TEAM <3
GBPJPY Short: Shooting Star Detected on 1Hr Time FrameTrend: The overall trend is bearish
Short: A shooting start has formed at the LH of the GBPJPY. It show the potential downtrend in the price.
GBPJPY SHORTGBPJPY analysis update and I’m seeing it’s going to move for +150 PIPs to the downside ✅
GBPJPY Testing Cloud BaseGBPJPY showed a minor pullback of more than 150 pips from its Friday's low of 161.56
The near-term resistance is around 164, holding below 21-EMA
GBPJPY seems BullishThe market of GBPJPY taking support on it's trendline. I believe it will obey it's support and will go more upside.
gbpjpyGbpjpy pair gonna falldown to find strong support. All the support zone are already tested so it's time to break recents support zone and make new low. As we can see there is flag pattern already break and went up for supply. Now price is at supply area and start to reject. Best price for sell Gbpjpy pair.
GBPJPY Shorts Hello traders,
our bias is short on GBPJPY to 158-159
keeping the description simple and straightforward.
God bless,
ETGL TEAM
Lets Take It Calm & Easy!Possibility of this happening. Just wait on price to do what it's supposed to do at the specific time. Be patient and use good money management skills!
GBPJPY (1W)Currently, price is resting on a critical area where it has tested for resistance several times, and its next to a foundation level which means consolidation. More so, on minor structure fib level is at0.00% and it already hit 0.00%. TP1 and major structure its at 61.80% and 0.00%, although price broke through a minor trend-line , pushed up so i want to see that same bullish momentum. Though during the beginning of Asian session we may have some bearish momentum then continuation with bullish momentum. But wait for it to break through that resistance zone, and foundation level but expect it to move up to the 170
GBPJPY Sell Set UpThis is my chart with new zones marked up as well at the trend line touches showing lower highs! I'm looking to sell GJ based on my analysis above. HOWEVER, GJ, can very well restest the 168.3 zone. I'll react to what the market gives me but for now, I'm looking to sell the restest of the neckline in the Head and Shoulders pattern. I'll take what the market gives :).
GBPJPY (240) BREAK AND RETEST.hello, currently looking for a break and retest of that minor trendline price is currently near at. More so, its near a resistance zone which has been tested previously, before. Thus this is a critical area, more so its near 61.80% which stands for reversal. Although most times when price is around an are with zones, trendlines etc, it tends to consolidate before making a big push.
Overall i want to see price break that minor trendline retest it again or a zone before the big push.
JESUS LOVES YOU<3
Short For GBPJPY? What's up guys! My short position is growing and I'm wondering that this downward trend will continue? This is my answer, YES, If pull back will end within this fibonacci levels.(up to 61.8%) If not then I have 2 senarios at this moment.
GBPJPY and EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 SELLGBPJPY SELL sell to first support and the if break the 1st target is second one .Confirming of sell must confirmed.
GBPJPY(15)Hello, currently I want to see GJ keep pushing to the upside once you see a pair having a strong push up it’s really hard for it to break momentum as it’s strongly bullish, I want to see it break the 169, 170 mark. But for now let’s watch it move it to TP2 , TP3. -27.00% TP2 and -61.80% TP3. As it already hit TP1 0.00%
Jesus loves you ❤️
GBPJPY Break out CloudThe near-term resistance is around 166.25, any breach above targets 167/168/168.75.
Technically in the hourly chart, the pair is holding above short term (21- and 55 EMA) and 200 MA (167.37).
GBPJPY(15)hello, today GJ has followed through with bullish momentum although there has been high volatility today due the public holiday, currently am looking for GJ to hit TP2 at -27.00%fib structure level as first TP 1 has already been hit. Have all your confluences lining up before taking in a trade.
JESUS LOVES YOU<3
gbpjpy chart analysis 20th June 2022waiting for a breakout above 166.414 to look for potential buys.
