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Gbpjpylong

GBPJPY Analysis. Another day trade signal!Hello Everyone. I want share my idea about GBPJPY pair which is signal from me. After strong bearish moments of GBP i still looking that pair bullish. the reason is weakness of JPY index which don't have bottom and coming pretty strong down at all timeframe. Here why i decide open long position the reason is after strong bearish movement GBP found some support level which stopped price fall and at second test we saw pretty strong price up movement which tested broke daily support level but rejection was not strong. for that i think it will continue up movement to second daily resistance which is perfect for day traders. Open Long Position - 182.000 Stop Loss - 181.500 Take Profit - 183.670
Long
by elmakacho
GBP JPY SELLHello, according to my analysis of the gbpjpy pair, there is a high possibility of a downside. The price broke the double button pattern. With a very large red negative candle. It indicates the strength of the sellers. We also notice the rapid return to the bullish channel as shown in the analysis, but it could not get out of it. In the coming days, we expect a further drop to 182,000 levels in the first phase. And the level of 180.00 in the second stage, good luck to all
Short
by inv_market09
2
GBPJPY week 25.09 - 29.09.2023Short term: GJ seems to be following the downtrend But below, GJ has a Quasimodo liquidity zone forming. It looks like this area is quite solid. To create a clear uptrend, we need GJ to at least be able to break above the Sellzone. Plan : Canh buy: 179.55 and 178.8. Canh sell: 182,995/ 183,675 If Sell picks up first, the Buy bet is still valid. If Buy picks up and the train runs, consider reducing the order volume. Maybe the liquidity will be enough for a pull up
Long
by Finn_Rm3x
2
GBPJPY: JPY traders attempt a recovery!The GBP/JPY pair slid to a new five-week low after touching 182.51 on Thursday, falling off 184.00 in the final trading session of the week. The British Pound (GBP) has struggled to develop further momentum against the Japanese Yen (JPY) recently, with the Guppy marking a move towards the 50-day Simple Moving Average (SMA) after failing to maintain maintained the key level of 186.00 at the end of August. GBP/JPY marked its 2023 low in early January when the pair traded into the 156.00 region. GBP has done a good job of taking advantage of JPY's weakness since then, with Guppy still up around 17.50% on the year.
Short
by Sphyn-Trader
8
GBPJPY: focus on the UK GDP releaseThe BoE has actually adopted a more cautious stance recently, as is clear from Governor Andrew Bailey's statement that the central bank is approaching the peak of its interest rate hike cycle. Despite persistent inflationary pressures, the BoE faces a delicate balancing act, as being too aggressive with interest rate hikes could endanger the UK economy. SELL GBPJPY zone 184.400 - 184.500 Stoploss: 184.850 Take Profit: 183.700 (backtest breakout) Take Profit: 183.000 (support zone)
Short
by Sphyn-Trader
6
GBPJPY: So perfect chart!The GBP/JPY pair is on track to end the day close to its starting point, as market fluctuations caused the Guppy to trade back and forth due to changing sentiment. Traders of Pound Sterling (GBP) are preparing for a data-heavy economic calendar in the United Kingdom (UK) during the first half of the week. Meanwhile, broad-market support for the Yen (JPY) has increased following comments from officials at the Bank of Japan (BoJ) over the weekend, suggesting that negative rates may come to an end in Japan.
Long
by Sphyn-Trader
1
GBPJPY, to swing up to retest the Year's high of 186.735GBPJPY made a breakout of the ascending channel since 28th July 2023 and went up to channel the year's high at 186.672 on the 17th of August 2023. Price pulled back to 184.110 support. The pull back has been happening in a descending channel from 16th August when it broke out of the descending channel and was looking to retest the channel last Friday, 2nd September and rebounded on the 183.530 support. What do I expect?? The price will swing up to retest the year's high of resistance (186.735) or the yearly resistance trendline closer to the year's high as shown.
Long
by AbeikuGlobal_FX
1