GBPJPY Technical Analysis and Trade IdeaOn the daily timeframe, GBPJPY has demonstrated a strong bullish trend. Our main goal is to identify a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as discussed in the video analysis, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, insights into price action, market structure, and a potential trade setup. Always exercise prudent risk management when trading, and remember that this information is purely educational and not financial advice.
Gbpjpyanalysis
GBPJPY
The GBP/JPY is following an ascending channel, presenting a selling opportunity after bearish price action at the channel's resistance trendline. Look for confirmation signals such as a bearish engulfing pattern or a rejection wick to validate the sell entry. Maintain proper risk management to account for potential volatility.
Strategic GBPJPY Selling AnalysisExplore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
GBPJPY: The USD stabilized at the end of the week, the British PThe greenback steadied on Friday after dropping floor withinside the preceding consultation on susceptible jobs records, whilst sterling edged up following stronger-than-anticipated boom figures.
At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling simply better at 105.115.
The USD is heading in the right direction for small profits this week
The USD steadied on Friday and is on route to advantage barely this week after falling on Thursday after records launched displaying a larger-than-anticipated advantage in subject matter records unemployment blessings request}} weekly.
This proof of a cooling US hard work marketplace has strengthened a few expectancies that the Federal Reserve will start slicing hobby costs in September.
Still, hard inflation stays the Fed`s foremost factor of contention, with a chain of officers caution of such remarks this week which have boosted the greenback this week.
San Francisco Federal Reserve President Mary Daly stated Thursday that there is "considerable" uncertainty approximately in which U.S. inflation will head withinside the coming months.
She added: “In a state of affairs in which inflation stays at... levels, with out in addition development being made, it isn't always suitable to begin adjusting costs until we see a slowdown withinside the hard work marketplace ”.
GBPJPY Potential MONSTER Trade Opportunity!Do we have a potential monster trade opportunity in front of us? If the trend reversal on the higher time frame sticks, we could have an opportunity to get in right at the base of a next major move! In the chat we are looking at a bullish break of market structure. We discuss the trend price action and some concepts around building a position early on in a higher time frame trend shift. As always the information is for educational purposes only and not to be construed as financial advice.
GBPJPY starting the wave 5 ?www.tradingview.com
Elliott Wave Analysis: GBP/JPY on 8H Chart
Wave 1: Initiated at 188.661, marking the start of an impulsive bullish wave.
Wave 2: A correction to 178.480, representing a natural retracement after the initial surge.
Wave 3: Ascended to 200.398, typically the longest and most robust wave in an Elliott Wave sequence.
Wave 4: A minor correction to 191.433, setting the stage for the final leg up.
Wave 5: Currently underway, with potential targets at 200.013 or the 1.618 Fibonacci extension level at 208.595.
The completion of Wave 5 would mark the end of the current bullish cycle, after which a larger degree correction could be anticipated
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.
GBP/JPY Bearish Scalping Plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist Bearish side of GBP/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
GBPJPY Bullish robbery plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist Bullish side of GBPJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Loot and escape on the target🎯.
support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
GBP/JPY: Race back to 200.000? On Monday, the yen dropped to 160.000 per dollar, marking its lowest level since 1990, before rebounding more than 3% to 154.5 per dollar. This rebound was suspected to be the result of intervention by Japanese authorities.
According to reports from Bloomberg, the Bank of Japan (BoJ) likely injected ¥5.5 trillion into the currency markets after discrepancies were noted in the BoJ's operations report on Tuesday, where market forecasts didn't align with reported current account figures.
Both the GBP/JPY and USD/JPY pairs are gradually recovering on the charts. The USD/JPY is testing levels above 157.500, while the GBP/JPY is eyeing 197.00.
Both pairs could keep on advancing if the forthcoming US data continues to surprise. Notably, the Fed taking a hawkish tone after its FOMC decision on Wednesday and jobs data due on Friday.
The GBP/JPY's recent peak at 200.60 remains a key target for traders despite potential intervention by the BoJ.
Looking forward, market sentiment could appear bullish, with attention focused on key levels such as the 193.600 resistance-turned-support and the 10-day SMA.
#GBPJPY: 700+ PIPS OPPORTUNITY, WHAT YOU THINK? Dear Traders,
Hope you are having great holidays, today we have found two perfect areas where you can buy and target easy 500 pips or maximum of 700 pips. The first entry, enter with perfect risk management as it is risky entry, while the second entry is safe entry.
Good Luck
GBPJPY: 1000+ Pips Selling Opportunity! Do Not Miss OutHey Everyone,
OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and take profit as suggested. Please use accurate risk management to have better outcome. We are targeting 1000 pips out from this idea.
good luck.
GBPJPY Technical Analysis and Trade Idea The GBPJPY is in a strong bullish trend as we can see on the daily and four hour time frames. Currently we are seeing an aggressive pullback down into our optimal entry zone. In the video we cover the trend, price action, market structure and I share a couple of trade ideas for consideration
It's important to note that the information shared is intended purely for educational purposes and does not constitute financial advice. Trading entails inherent risks, underscoring the criticality of implementing robust risk management protocols consistently.
DeGRAM | GBPJPY has pulled back to a rebound pointThe pullback that occurred after the rapid rise reached the 50% retracement level.
EURUSD is near the upper boundary of the channel.
We think that the chart will continue the pullback.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPJPY RETRACE TIME !!!hello friends
As you can see we had achieve all of our given Targets as we sent perdition in our previous analysis on this pair in this bull run... now its time to retrace some pips so if we see the Fib retracement its a easy target till design levels with a very low risk and higher rewards Friends its just a trade idea share ur thoughts with us Stay Tuned for more updates
have a look on attached chart our previous analysis
GBPJPY WILL FLY TO 195$HELLO TRADERS
As I can see this pair is still very bullish holding a strong support and can hit these design levels.
if we have look on monthly and weekly charts its crystal clear why we are asking for more bullish trend continuation friends it's just a trade idea share Ur thoughts with us we appreciate Ur love and comments Stay Tuned! for more updates
GBPJPY: Yen struggles as BOJ faces yield dilemmaThe Japanese yen keeps to stand vast demanding situations because it hit a 34-yr low towards the greenback, with little expectation that the Bank of Japan (BOJ) will improve hobby costs at its meeting. upcoming coverage on Friday. The significant bank, which has no forex mandate, is beneathneath growing strain because the weakening yen influences inflation via way of means of growing the fee of imports.
Despite guidelines from BOJ Governor Kazuo Ueda approximately the opportunity of destiny hobby fee hikes, forex markets have in large part unnoticed those signals. In March, the BOJ raised hobby costs for the primary time in 17 years, however the flow did little to reduce the yen`s decline. Traders continue to be targeted at the more potent greenback and the vast yield differential among the USA and Japan.
The yen is presently extra stricken by US trade costs and yield differentials. Swami additionally talked about that whilst a complete normalization of BOJ coverage may want to assist enhance the yen, the important thing thing may be the Federal Reserve's actions.
Market expectancies for the Federal Reserve have changed, with fewer hobby fee cuts than anticipated this yr because of symptoms and symptoms of chronic US inflation and a lackluster financial recovery. This extrade in outlook indicates that US short-time period hobby costs may want to continue to be above 5.25% for an prolonged period, whilst Japanese short-time period hobby costs are at 0.1%. Even with the 22 foundation factor boom priced in for Japan this yr, it hasn't executed a great deal to shut the gap.
GBPJPY - Long idea ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill the imbalance and then rejects from bullish order block + institutional big figure 193.000.
Fundamental news: Tomorrow (GMT +3) we will see result of Interest Rate in Japan, news with high impact on currency, so pay attention in order to validate the analysis.
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DeGRAM | GBPJPY correction in the ascending channelGBPJPY is moving in an ascending channel.
The chart reacted to the last 3 touches of the support level with an immediate rebound.
The support level is between 50% and 62% retracement levels.
We expect a rebound after a retest of the lower boundary of the channel.
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Share your opinion in the comments and support the idea with like. Thanks for your support!