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Gbpjpyprediction

GBP/JPY Bearish Scalping Plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist Bearish side of GBP/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. when market break the dynamic support it will continue to go down down. Loot and escape at the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Short
by Thief_Trader
GBPJPY Bullish robbery plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist Bullish side of GBPJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at the level Bear Robbers / Traders gain the strength. Be safe and be careful and Be rich. Loot and escape on the target🎯. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
Long
by Thief_Trader
GBPJPY Technical Analysis and Trade Idea The GBPJPY is in a strong bullish trend as we can see on the daily and four hour time frames. Currently we are seeing an aggressive pullback down into our optimal entry zone. In the video we cover the trend, price action, market structure and I share a couple of trade ideas for consideration It's important to note that the information shared is intended purely for educational purposes and does not constitute financial advice. Trading entails inherent risks, underscoring the criticality of implementing robust risk management protocols consistently.
Long
by fxtraderanthony
GBPJPY: Yen struggles as BOJ faces yield dilemmaThe Japanese yen keeps to stand vast demanding situations because it hit a 34-yr low towards the greenback, with little expectation that the Bank of Japan (BOJ) will improve hobby costs at its meeting. upcoming coverage on Friday. The significant bank, which has no forex mandate, is beneathneath growing strain because the weakening yen influences inflation via way of means of growing the fee of imports. Despite guidelines from BOJ Governor Kazuo Ueda approximately the opportunity of destiny hobby fee hikes, forex markets have in large part unnoticed those signals. In March, the BOJ raised hobby costs for the primary time in 17 years, however the flow did little to reduce the yen`s decline. Traders continue to be targeted at the more potent greenback and the vast yield differential among the USA and Japan. The yen is presently extra stricken by US trade costs and yield differentials. Swami additionally talked about that whilst a complete normalization of BOJ coverage may want to assist enhance the yen, the important thing thing may be the Federal Reserve's actions. Market expectancies for the Federal Reserve have changed, with fewer hobby fee cuts than anticipated this yr because of symptoms and symptoms of chronic US inflation and a lackluster financial recovery. This extrade in outlook indicates that US short-time period hobby costs may want to continue to be above 5.25% for an prolonged period, whilst Japanese short-time period hobby costs are at 0.1%. Even with the 22 foundation factor boom priced in for Japan this yr, it hasn't executed a great deal to shut the gap.
Short
by Chart_MasterPro
GBPJPY - Long idea ✅Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill the imbalance and then rejects from bullish order block + institutional big figure 193.000. Fundamental news: Tomorrow (GMT +3) we will see result of Interest Rate in Japan, news with high impact on currency, so pay attention in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
SHORT GBP/JPY from 192.60 (again!!)The area around the WR1 (192.52) pivot both last week and this week has been a bridge to far for GBP/JPY BULLS. I've shorted this pair 4x this week and we're back at the pivot once more. Yesterday saw a massive sell off in the early hours and this looked like it was the end for GBP/JPY BULLS but amazingly they've recovered all lost ground and the price is pushing this WR1 level once again. Although nothing in forex is certain, its recognized that history repeats itself and if SELLERS are waiting for the price to hit a certain level then its likely that they'll jump in again if/once the price reaches that level. Whilst we a re still waiting for a BEARISH signal on the mid time frames (15m, 30m and H1) the M5 is clearly BEARISH on RSI, MACD and Andean Oscillator and the current H1 candle looks like its going to be a pinbar which would be a BEARISH candle particulalry as this comes at known and proven resistance. So I'm SHORT again and looking for an intermediate target at 191.97 (WM3 pivot and 200 EMA) but its entirely possible we may see another mass sell off like yesterday once price dips under 192.20 area so if this trade does take off then momentum will determine wheh we can take profit. It has to be remembered that the persistency of GBP/JPY BULLS means we cannot rule out another attempt by the BULLS to drive the price higher but with 192.62 having been successfully defended 7x over the last 2 weeks its hard to see how this key level can be broken in the absense of further news. Interesting to note that the GBP Retail Sales came in red (0.0% actual 0.3% exp) which didn't seem to make any lasting difference to the direction this pair was headed from 01:00 this morning so there's clearly still agreat deal of BULLISH sentiment around still.
Short
by forextraplaces
SELLING GBP/JPY from 1.9268 (again! for the 4th time this week)Pivots are the most significant indicator for how I trade. I cannot understand why EVERY trader, no matter what their approach is, wouldn't use weekly pivots. The beauty of pivots is that they are the ONLY indicator that is set at the start of the week so you know where the price is in relation to the pivot days before the price gets there. This week on GBP/JPY we have seen price hit the WR1 (Weekly Resistance 1 key pivot level) 3 times and I've shorted the pair each time and banked shed loads of pips. Price is back at WR1 for the 4th time this week and as we KNOW there are SELLERS at this level then SHORTING this pair again is a no-brainer. No other analysis is really needed though we do have other SHORT confirmations with the red SELL line of the Andean Oscillator rising from 0 on H1 and both RSI and MACD are declining. The only question is - where do I bank the profit? The 200 EMA (H1) has been a bridge too far for GBP/JPY BEARS so I'm setting my t.p. at 192.00 though if the momentum is strong and the BEARS are pushing to break thsi key level then 191.31 would be the next target which would be WPP Pivot and this sits above the 200 EMA on H4. With all that said, this is forex and there are no guarantees and anything can happen. We could see another drive back to WR1 so we still need to get the position to break even as soon as possible and then if the price does head back north we would look to SHORT from however high the BULLS push the price but I can only see SHORT trades for this pair for the rest of the week.
Short
by forextraplaces
GBPJPY Higher after JPY fundamentals ChangeWe may observe that GBPJPY has hit it's head several times at 192.803 and has failed to break above this level. All week we've been ranging after moving slightly up early in the week. Price wants to go up and since the Bank of Japan recently increased interest rates for the first time in many years, we may very well anticipate a continued trend on GBPJPY to the upside. This is a rare occasion when buying around the highs has less risk due to the fundamentals. When a market touches a zone and returns this many times, the zone will eventually breakdown. 193.313 Daily zone and monthly zone 193.639 are our bullish targets for GBPJPY. At our monthly zone we may anticipate alot of profit taking and a steep pullback to clear liquidity. Price appears to be forming support at the Daily Level now(192.355) on this thursday NY session, April 18th 24'
Long
by ShrewdCatfx
SELL GBP/JPY from 192.74I've twice banked pips shorting GBP/JPY from the WR1 pivot this week and as can be seen the price is back at this level. We have a nice tweezer double top on H1 for the previous 2 candles and as SELLERS are clearly prepared to move into this market from this level, it looka good SHORT opportunity. However. The Andean Oscillator is not yet clearly giving a SELL signal. The green BUY line has slipped under the signal line (.656 signal line/.647 green BUY line) but the red SELL line remains ar zero on H1 although it is above zero on the 15M MACD on 15m has the fast MA moving beneath the slow which is a BEARISH sign. RSI has been in high 60's and is gradually declining. This trade is RISKY!!! We do not have enough signals to confirm that this pair is headed lower but as we've seen SELLERS enter the market twice this week, the expectation is they may enter again. It should be noted though that the GBP C.P.I. print came out in green and this has boosted all GBP pairs. This was 4 hours ago however and all BULLISH momentum has stalled. We have a natural STOP on this trade at 192.86 so its a cheap trade at only 15 pips. Target is 200 EMA at 191.87 though the price of this pair has been bouncing around all week so the trade will have to be carefully managed in order to maximise any gains.
Short
by forextraplaces
GBP/JPY makes remarkable recovery, key S/R levelsHello traders, after declining to 190 level, GBP/JPY has staged a remarkable comeback. The support level on the 4Hour chart has held and GBP/JPY is currently up 170 pips from the lows. So, congrats to all those who managed to buy the dip in GBP/JPY. Currently, the next Resistance level lies at 192.96 level followed by 193.55 Based on the price action, it seems like GBP/JPY will continue to go up. So my strategt would be to buy the dips in GBP/JPY
Long
by KaltoireCapital
4
GBP/JPY at hourly resistance but could move upHello traders, GBP/JPY has been trying to break the hourly resistance at 192.75 but so far, it has not been able to do so. That being said, we are continuously noticing higher lows in the hourly time frame. So, the current price action on GBPJPY is messy. Although I have been scalp selling GJ every time it reaches 192.75, I feel less confident in selling. In my opinion, it could break out of the hourly resistance and could reach 193.50. So, I recommend traders to be careful with GJ
by KaltoireCapital
6
SHORT GBP/JPY from WR1 pivot 192.65The previous candle on H1 hit GBP/JPY WR1 Pivot and all the signs are that this pair will now reverse. The rationale for this assumption that GBP/JPY will reverse follows: a). The current H1 candle is BEARISH. b). On 15m time frame the RSI declining. c). The MACD on the same time frame is signalling SHORT. d). On the Andean Oscillator (15m) we can see that the green BUY line has slipped under the signal line and both are beginning to turn south - this is more apparent on 5M. e). The red SELL line on the Andean has risen off zero and is climbing. f). Traders frequently assume price will either sell off at WR1 or BUYERS will enter the market at WS1 (which is why EVERY trader should have pivots on their charts. Looks a banker SHORT trade this with a tight STOP above WR1 at 192.73 Target is open and depends on momentum but initially the 200 EMA on H1 looks favourite at 191.60 area.
Short
by forextraplaces
GBPJPY: The Japanese yen hits its lowest level in 3 decades amidThe Japanese yen has hit its weakest level against the US dollar since 1990, trading at 153.24 per dollar on April 10. This signals significant downward pressure that has prompted Japanese financial authorities to officially warn of possible intervention. Even though Japan's central bank switched interest rates from negative in March, the currency continues to struggle, with the value of the yen's real effective exchange rate index falling to its lowest level since then. since the records of the Bank for International Settlements began in 1994. The yen's depreciation has been going on for more than three years, losing about a third of its value since the start of 2021. Factors contributing to the yen's decline include Japan's low interest rates, which remain below 0.1%, in stark contrast to US short-term interest rates at 5.25-5.5%. The significant yield gap between US and Japanese government bonds, with a difference of nearly 370 basis points at the 10-year maturity, has continued to fuel the yen's slide. Investors have been engaging in "carry trading," borrowing yen at low cost and investing in higher-yielding currencies. This fact is especially appealing during periods of low market volatility, like the present. The benchmark interest rate differential between Japan and other economies is a key driver in these market dynamics. Despite Japan's central bank's historic policy shift in March, the move was expected. With no prospect of sharp interest rate hikes in the future, investors have felt comfortable maintaining or increasing short positions in the yen. Yen short sales hit a decade high in April.
Long
by Chart_MasterPro