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Gbpjpyprediction

GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS- FLASH PMI DATA S for GBP is due out today. They will have a huge impact on GBP. It will be somewhat important to us. Then we wait for the change in GBP. This week is nothing special for JPY. So the JPY MARKET goes through the SENTIMENT. - GBP FEATURE is currently at 1.2902 LEVEL. Also the JPY FEATURE stays at 0.0078 LEVEL. GBPJPY PRICE has dropped on DYNAMIC S / R LEVELS. So most likely the PRICE will be slightly UP in the future. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY. - Currently STOCKS are getting somewhat DOWN. And VIX is getting a bit UP. Also COMMODITIES OVERALL DOWN. It's something special. Also BONDS PRICES are a bit GREEN. Also BONDS SPREADS are DOWN. There is currently no CLEAR DIRECTION in the MARKET. Maybe today's Friday because it's MARKETS CORRECTION. Currently the market has a NEUTRAL BIAS. - GBPJPY PRICE can be DOWN to 164.275 LEVEL before UP. Then you can DOWN to 170.027 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
by benny_marshall
Can GbpJpy reach 180? (Long term analysis)For 5 years, between 2016 and 2021, 125 zone provided an impenetrable price for GbpJpy. After a decisive break above 150, the pair has risen to 157. A new range has formed with this high and also this 10 months consolidation has been broken recently to the upside and a continuation to the next important resistance is to be expected. That being said, corrections to the old resistance should be considered a good opportunity for buying with a target of 180 und negation under 155
Long
by Mihai_Iacob
7
GBPJPYThe British pound has rallied again against the Japanese yen, breaking through a major barrier in the form of the ¥165 level. That being said, we are overstretched, so I think this is a situation where you may look for a short-term pullback in order to get involved again. The ¥162.50 level should be supported, just as the ¥160 level will be. That being said, I do not expect that deep of a correction, but it is certainly within the realm of possibility. Keep in mind that as long as the Bank of Japan is looking to find interest rates rising, they will have to continue to keep quantitative easing in play, the main driver of this move.
Short
by SmoothJB
1
GBPJPY - WEEK 15 ANALYSESMonthly bias - short: Rejection from the monthly sell zone + liquidity run above previous high. Weekly bias - short: Previous weekly candle is filling the pin bar wick that we’ve created in week 13. This tells me that we’re almost ready to create the next move downwards. Week 15 - analyses: I expect a push up towards the 162.8 area where the .618 fib is located in the beginning of the week. Be cautious for a liquidity run above the previous wick at 162.725 (see red zone). After the move up I think that we’ll see a strong move down towards 159.9 area since we’re in a Monthly Sell Zone. The next major level of support will be at 159.9, this is where GJ maybe finds some support but since we’ve tested this area multiple times (see red arrows) It may break this level and move further towards 157.5 where we’ll find our next fresh support/buy zone.
Short
by HB-Forex_
2
GBPJPY ( CONSOLIDATION)Hello, currently we are at a foundation level on the weekly chart as seen above, in the chart which usually indicate consolidation if you are to move to the lower time frames you will see that price has been consolidation. You can always trade within consolidation, although always have enough confluences to place a trade to avoid L's. This means you can take and opportunity of both bulls and bears. But you have to always decide a team which means looking the type of trend you want to hope in. SIDE NOTE: PRICE ALWAYS MOVES IN THREE WAYS , IMPULSE, CORRECTION AND CONTINUATION. JESUS LOVES & AND DIED FOR YOU<3
by louisemwesigwa