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Gbpjpyforecast

GBPJPY SMC SELLShort term -> Swing setup. Looking for price to go tap into the 157.380 level which is the opening of the 15min POI/Orderblock Price has broken structure and should retest that candle before dropping down. I will most likely swing this sell down to the 150 level. Note: This trade is a short term structure based setup which aligns with my bigger timeframe analysis (link attached) DISCLAIMER: I am not a financial advisor and nor is this financial advice. If you trade this pair with me and make money from this, please help support a fellow trader. My cashapp is on the chart! Thank you for your time.
Short
by Turtlesoup_Maestro
GBPJPY TRADING PLAN - SELLI am currently in a sell in GJ and I would like to add to the sells when I see a confirmation of downside continuations. If price can break and retest all of the zones then I will add more sells. My tp would swing all the way down, however, I will be taking partials at each zone. My stop loss will generally be 30 pips however looking at how market reacts and price action I will vary my stoploss and may put it above the candle that broke through the zone. A key zone to watch out for a reversal is 152.500. Watch carefully what price does here as it may be a potential long entry if it rejects and provides bullish confirmations. Note that this trade could take a couple of days or weeks so be patient. DISCLAIMER: I am not a financial advisor and nor is this financial advice. If you trade this pair with me and make money from this, please help support a fellow trader. My cashapp is on the chart! Thank you for your time.
Short
by Turtlesoup_Maestro
2
GBPJPY 4H Daily OutlookGBPJPY has taken help around 200-H MA and shown a minor pullback. The pound real pared a large portion of its benefits against the US dollar. Any break above 1.3600 affirms further bullishness. The UK has announced one more 141472 day by day cases lower contrasted with the earlier day-case 179756. The intraday pattern of GBPJPY is bullish insofar as help 155.70 holds. GBPJPY hits an intraday high of 157.15and is presently exchanging around 156.83. Short-term resistance -157.75 Intraday Support- 155.70 DISCLAIMER: ((trade based on your own decision ))
Short
by Goldsignal75
GBPJPY APPROACHING A SIGNIFICANT HIGHFrom a daily outlook, GJ has been on a bullish run for about a month now. At present, the pair is approaching a 3 month high at 158.00 after extensively breaking through 156.00 - Very much likely, 158.00 might offer some resistance to price, providing a logical shorting opportunity for a deeper correction on the impulse leg down to the most recent high at 154.50. PS: Trading is reactive not predictive, until reversal signals confirm this bearish bias, don't short. Thank you! Do hit the like button and leave a comment if you found this helpful.
Short
by K_Budu