Gbpjpyanalysis
Short GBPJPY position in the near term
There is a clear signal of a short-term top in GBPJPY, and there is a demand for a pullback. Short-term trading can be positioned for short positions.
Personal trading suggestion: Enter a short position at 163.550-164.000 with a target of 161.200.
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GBPJPY the gbpJPY has created a drop since the previous high while creating a H&S 'on higher LF' so now it is currently going sideway trend s lower timeframe in which its gonna break soon as it jump higher or lower. SO it buy obove the structure broken or sell below strucre broken. wait for the signal.
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.
#GBPJPY-300 PIP DROPPED FROM LAST SETUPDear Traders, hope you are doing great, our last trading setup on GBPJPY dropped 300 PIPS, and we have not got an opportunity where price will fill up the liquidity voided area. Next week we have NFP where mix data is expected so JPY will be seen as heavenly safe currency for the investors and hence it will be an opportunity for all of us to have an perfect entry on this pair especially when the move is around 800 pips.
-Wait for the price fill the LQ VOIDED area then enter with stop loss of 40-45 PIPS.
GBPJPY (SHORT) 🔥🔥🔥ENTRY OPPORTUNITY
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
GBPJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Here we can see that price respected the prediction from previous analysis. We are still bullish here from H4 timeframe perspective, so I am looking for longs from bullish order block + institutional big figure 162.000.
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GBPJPY SHORT TERM INTRADAY IDEAIntraday Analysis - GBPJPY - ( 2nd March 2023 )
No fundamental shift , YEN still weak with its monetary policy and dovish tone. Unless the new elected one implements a change and have a more hawkish tone, i do expect YEN to continue being weak all year.
GBP as stated is also weak economically however in this case, YEN weakness holds more weight. Will be looking at continuation buys on GBPJPY as price just tapped into our key level of interest whereby HRHR buys were called out a few days ago. If you missed it , scalp longs up level by level.
HRHR BUYS AT 164.00
MRMR BUYS AT 164.500
SAFEST BUYS AT 164.800 ( WATCH OUT FOR POTENTIAL RETRACEMENT )
WILL ONLY BE LOOKING FOR SHORT BELOW 162.800
GBPJPY WEEKLY UPDATE 24/2 - 3/3Hi all
Weekly recaps:
The price of the GBPJPY has reached the 50% fibonacci level from the previous high of 172.129 and low of 155.350 following a breakout consolidation level (please see earlier post).
GBP/JPY needs to hold above 161.802 until this week's market close in order to continue its upward movement.
So, I expect that price will end the breakout pullback and begin a long position with 164.xx as the target.
Let me know what you think In the comments!
My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills.
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DeGRAM | GBPJPY possible bullish moveGBPJPY market rebounded from psychological level at 166.000.
Price action has been making higher highs, but it's pulling back to support and fibo cluster level.
We expect a retest of the major resistance level since the trend is bullish.
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