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Gbpjpyprediction

GBPJPY has formed a Fish pattern!!GBPJPY is showing strong bullish momentum in all timeframes. Currently, it is over daily and weekly resistance and already tested once as support on the daily timeframe and formed a Doji. If this instrument opened with a gap to the upside tomorrow, we may see an aggressive move to the upside. Or we may see another retest of the daily resistance( 156.05) as support and may start to move up. On the other hand, If it is a false breakout to the upside, we may see a big candle to the down. If so, we will wait for a retest fo the broken resistance ( 155.80)and will look for short. If you enjoy this analysis please thumbs up. Thank you.
Long
by ForexWizard01
GBPJPY LONG (4HR)Hello, right now price is making an impulsive move and we want to see price break and retest, as price is on a sensitive area where it has tested as support and resistance several times in the past so we know price moves in three direction impulsive, correction and continuation. As of now we are in an impulsive move but hope to see correction and continuation to the top break major trend line and then a bearish move although that could take sometime. Basis made on market structures I would love to connect with you all, share opinions ❤️ Jesus loves you and died for you❤️
Long
by louisemwesigwa
GBP/JPYThe British pound initially fell against the Japanese yen during the course of the trading week. However, we rallied quite a bit to reach above the ¥152.50 level, and a closed near the ¥153 level. This is a market that will probably go looking towards ¥155 level, as long as we have more of a “risk-on” attitude out there. If we do not, then it is possible that we could turn around and break down towards the ¥150 level, an area that I see a lot of support in. Either way, I think volatility is the only thing that you can probably count on.
Long
by SmoothJB