GBPJPYPotentially at this stage, the price will move sideways between prices 172 & 155.5.
Crossing 164.7 will confirm the continuity of the downside move toward the support level of 155.5.
Gbpjpyshort
GBPJPY selling opportunity GBPJPY is at strong horizontal resistance and double top expected here if market reject from here you can sell.
If market close above from horizontal level wait for channel resistance.
This pair give us good selling opportunity now or in some few days
GBPJPY Sell opportunity GBPJPY touched the last high area which is also an strong area of interest or supply zone
we are looking foe a short opportunity on this pair
sell gbpjpy with your own money management
always remember that patience is the key
GBPJPY - Short #GBPJPY in H4 Time Frame
Very Important area for GBPJPY
If Price Break that level with Bullish Moves
Then The New Update will Shared
Otherwise GBPJPY is Short for Next Days
Double Top hinting trend reversal in GBPJPY to bearishDouble top with bearish divergence hinting a trend reversal from bullish to bearish in GBPJPY in H4 timeframe if the support level of 165.4 is broken.
GBPJPY: Continue the trend!Brace yourself for BOJ's announcement
The upcoming decision of the Bank of Japan on interest rates will be closely monitored by the markets, regardless of their expectations. This is because it will be the first such decision made under the leadership of the new Governor Kazuo Ueda. Analysts will carefully analyze the accompanying commentary for any hints on when Ueda may begin tightening monetary policy. The Bank of Japan is likely to provide ample advance notice to the markets, and it is possible that Ueda may make some non-committal comments on Friday. However, he has consistently emphasized his preference for maintaining the current yield curve control in the short to medium term, and is expected to stand by this stance.
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.
GBPJPY - Another short ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: On higher timeframe we are in a bearish market structure, that's why I look for shorts. Here I expect bearish price action as price rejected from bearish order block + institutional big figure 167.000. My target is liquidity below equal lows + imbalance.
Fundamental analysis: Tomorrow we have news on JPY, will be release Policy Rate and BOJ Press Conference, if the results are positive for JPY, this will support our move.
Like, comment and subscribe to be in touch with my content!
GBPJPY - Short Position 2RR to 4RR Low Risk.QM Sell
Fib .618 pushed back
HH-LL
Dear trader this is not financial advice is just my own analysis. Follow the Sell Area and always use SL.
GBP/JPY: Short opportunity to catch +500 pips- Price respected the last swing high at supply area around 168.0, A good sign for strong sellers at supply area.
- After forming equal highs at supply area, price dropped with an impulsive bearish move to 165.500 forming equal lows.
- A huge pole of liquidity built below 165.500.
- Also we can observe an imbalance on the last bearish move from 167.0 to 166.500.
- liquidity built below 165.500 will grab the price down also an imbalance needs to be filled.
* We may have a bearish move to 161.0 demand zone after retesting 167.0 filling the imbalance
GBP/JPY - Double Top - Bearish DivergenceGBP/JPY has formed double top, which is a bearish reversal pattern. Price is likely to break support (neckline) and start a bearish trend. Price is also showing Bearish Divergence on RSI which means there's a possibility of a bearish reversal anytime now! Will be looking to short ONLY if support is broken with stop loss above the double top!
SMC Another pending deal for you
This is a great deal that brings a lot of money with little risk and with a simple analysis, look at the picture carefully and then take your deal
GBP/JPY: Brace Yourself for BoJ's AnnouncementWith safe haven currencies pulling in the most buyers this week, including the yen and the US dollar, what will happen to the USD/JPY and the GBP/JPY leading up to, and after, the Interest Rate Decision due from the Bank of Japan on Friday?
Markets will likely be watching this decision super closely regardless of their expectation for the BoJ to leave interest rates unchanged. This is because this is the BoJ's first interest rate decision with its new Governor Kazuo Ueda. Commentary that goes alongside the interest rate decision will be scrutinized for any indication when Ueda might start tightening monetary policy. The BoJ will likely try to prepare markets far in advance, so it's not unlikely that Ueda might prepare some very small non-committal comments that speak to this on Friday, while standing firmly behind his preference for maintaining the current yield curve control in the short to medium term, which he has reaffirmed at every outing since taking control of the central bank.
The GBP/JPY has plunged from a weekly high of just under 168.000 to just under 166.000 at the time of writing as risk-averse trades take over the market. The pair did bottom out at 165.400 before a slight rebound with support appearing at 165.550.
Looking at the 1-hour chart of the GBP/JPY, the pair took advantage of the stability of the support level of 165.550 to activate value hunters to enter the market and help the pair surpass the 165.800 support line from earlier sessions. But it has been rejected at 166.10 once already in this bullish push. Next up, we will see how well 165.800 holds up if the downside push has any momentum. However, the Stochastic Indicator is not pointing too much momentum in the pair right now, at least in the 1-hour timeframe.
GBPJPY sell setup #GBPJPY Sell setup
Sell around 167.2-167.4, sl 168, tp 166.7-166
TF: M30
Technical setup is based on Fibonacci retracement + Price action + MACD
GBPJPY Shorting completedAfter the London session open, it was followed by impulsive move upside and then another big move to the downside, taking out the small retailers.
As shown in the last idea, our trade played out well hitting both tp1 and tp2 and almost near to tp3.
Exiting the trade here, as its risky to keep holding. Will be entering again once the market stabilises.
on gbpjpy double tophey guys today we can see GBPJPY making double top and also on its supply zone so maybe it will go bearish FX:GBPJPY
GBPJPY: Continued uptrend after correction!GBPJPY rebounds from 167.50 as bulky UK Inflation supports hawkish BoE bets
According to the latest release of UK inflation figures, the headline Consumer Price Index (CPI) has slightly decreased from 10.4% to 10.1%. This decline can be attributed to the drop in energy prices used for heating and electricity. Despite this, investors are not happy with the inflation rate remaining in double digits. Additionally, food prices have reached a new high of 19.1%, the highest in 45 years.
GBPJPY SHORT TO 149📉 (2,000+ PIPS OPPORTUNITY!)GJ is getting ready to take a huge dive down towards 150-148, leading into the coming summer. This is offering us a huge swing opportunity of 2,000 PIPS, for those who are patient enough to hold on long term. The 2D TF is attached below.
Selling Confluences:
🚫5 Wave Impulse Move Complete.
🚫Corrective Move Yet to Follow.
🚫Buying Momentum Choppy.
🚫Buying LQ Already Taken.
Drop a like/follow and let me know what you think✅
GBPJPY SHORT TO 149📉 (2,000+ PIPS OPPORTUNITY!)GJ is getting ready to take a huge dive down towards 150-148, leading into the coming summer. This is offering us a huge swing opportunity of 2,000 PIPS, for those who are patient enough to hold on long term.
Selling Confluences:
🚫5 Wave Impulse Move Complete.
🚫Corrective Move Yet to Follow.
🚫Buying Momentum Choppy.
🚫Buying LQ Already Taken.
Drop a like/follow and let me know what you think✅
GBPJPY Sell opportunity gbpjpy made a double top and broke the last low
both scenarios are possible
look for only and apply your own money management
patience and discipline always pays
GBPJPY SHORTCurrently, the GBP/JPY index is experiencing a decline. This index represents the ratio of the British pound (GBP) to one of the Japanese currencies (JPY) and is known as one of the most volatile indices in the forex market.
The reasons that may cause a decline in this index can be economic, political, and global factors. For example, changes in interest rates, economic sanctions, changes in government policies, and changes in global market conditions can be influential.
If the GBP/JPY index is currently declining, it is probably due to investors' efforts to purchase Japanese currency to hedge market volatility risks. Additionally, an increase in interest rates by the Bank of Japan and economic sanctions on some countries can lead to a decrease in the value of the GBP.
Finally, to see the exact effects of events on the GBP/JPY index, you should pay attention to forex market technical analysis and related news. However, generally, a decline in the GBP/JPY index indicates concern and instability in the market and can be challenging for investors.
