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Gbpjpyshort

GBP/USD Rises to 1.2800 on Weakness in the US DollarGBP/USD has rebounded and climbed above the 1.2750 level after dipping to 1.2700 earlier in the day. The US Dollar struggled to find demand in the US trading session as the latest data showed a slight slowdown in the year-on-year PPI in December. GBP/USD remains above the lower limit of the ascending regression channel, with the Relative Strength Index (RSI) moving flat above 50, indicating a potential upward trend. The level at 1.2780 (static level) is considered a temporary resistance before 1.2830 (end point of the latest upward trend, highest level on December 28) and 1.2860 (midpoint of the ascending channel). On the flip side, support levels are at 1.2750 (lower limit of the ascending channel), 1.2710-1.2700 (Simple Moving Average 100 periods, static level), and 1.2670 (Simple Moving Average 200 periods).
by AdmamTrade
Next move for GBPJPYAccording to what I see in GBPJPY, seems that we had all corrections. Also I think for the price it took more time to reach this level of price if we compare with impulse movement before start of correction. Wave B moved most of wave A, which I think is reasonable as wave A is a 3 wave correction. The time for wave B is a bit more than wave A, and wave C took more time. I put fibo retracement for your reference. Now, let’s see what will happen.
Short
by Elliott_wave_counter
1
GBP/JPY Testing resistance, potential sellHello traders and the Tradingview community! Previously we had over 140 pips profit by selling GBP/JPY around the 184.20 level. Currently, GJ is retesting the resistance level on the 4Hour chart once again. So, if the resistance doesn't break, we can look for another sell entry in GJ. Selling GBPJPY@184-184.20 with SL above the resistance level and initial TP at 182 would be a potential sell trade. Note that the above idea is valid only if the resistance zone stays unbroken
Short
by YourLazyTrader
3
GBP/ JPY ! 10/1/2024 GBP bad news today⭐️Smart investment, Strong finance ⭐️Personal comments NOVA: The price is approaching the nearest resistance zone, GBP news is also not positive today. Set up SELL signal ⭐️SET UP GBP/JPY PRICE: 🔥SELL zone: 184.000 - 184.200 SL 184.500 TP1: 183.700 TP2: 183.400 TP3: 183.000 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
6
GBPJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
1
GBPJPY - D1\H4GBPJPY D1 - The price of the 3rd cancer approached the level from which there were rebounds to the lower border, which can potentially be considered as a sale with minimal risks on the idea with targets up to 178.732. H4 - A 3-wave structure has been formed, which can lead to further movement when the 1st wave is broken through, targets that can be seen are 180.957 - 178.732. What can you expect? You can consider entering from these levels ~183.019 with a target of 178.732 If you use local movement, the target will be 180.957 Cancel if the price breaks the minimum of the 1st wave - 184.397. If you are considering a long-term forecast, canceling the idea when the minimum of the 1st wave is broken (you can also wait for fixation at this level to cancel the idea) - 184.397 Long Target 182.759 - 182.229 - 181.757 - 180.957 - 178.732
Short
by Trade_Hive_Signals
GBP/JPY : Has the trend reversed?Hello traders and the tradingview community! As predicted in my previous idea, GBP/JPY has reversed after hitting the resistance zone around the 184.20 level. So, if the bearish price action continues at this level, we can expect GJ to fall further. I am already holding some sells in GJ@184 with targets around 182 and finally 180. I believe traders can continue to sell the rallies in GBPJPY@184 with Stop loss above the resistance zone and TP at 182,180 respectively.
Short
by YourLazyTrader
5
GBP/JPY approaching resistance, sell if the resistance holdsHello traders and Tradingview Community! During the Asian session yesterday, I advised you to buy GBPJPY when the price was at 179.40. If you followed it, you have made over 400 Pips profit so far. Now, at the moment, GBP/JPY is approaching a resistance level. Keep in mind that the resistance level around 184 is not too strong. That being said, if there is formation of bearish price action near the 184 level, we can consider selling GBPJPY@184 with SL above resistance and TP at 181
Short
by YourLazyTrader
7