GBPJPY Short Idea - Sell ZonesGuys!! here we have three potential sell zones for GPJPY. Super clean and clear chart, with no noise. Have a wonderful trading week ahead. Follow your risk and confirmations. Fill your bag with bukcs.
Gbpjpyshort
BluetonaFX - GBPJPY Failed Bull Flag SHORT IdeaHi Traders!
There is a potential failed bull flag opportunity on the GBJPY 1D chart. The flag looks like it has failed to continue the bullish momentum, and the price action now looks bearish.
The market has broken below our 20 EMA, and the swings are getting lower with lower highs and lower lows. The pattern is turning into a bearish ascending channel. As long as we remain under the 20 EMA, we have a bearish outlook and will look for short entries with the aim of exiting at the support area between 181.597 and 181.220.
Trade safely and responsibly.
BluetonaFX
GBP/JPY Trading plan( FOMC + BOJ Policy Rate on Friday)With FOMC coming up later tonight and BOJ monetary policy statement
on the early hours of Friday, it is going to be a blockbuster week for
GBP/JPY and other Yen pairs as well. To be honest, I would recommend
traders to take this week off. However, for those still interested in trading,
I am sharing my trading plan.
📌Right now, GBP/JPY looks like it may rise further if it is able to break the
183.50 level.
📌If price drops during or after the major news events towards 179.50, I would
try a buy trade with small lot with entry@179.50, SL: 178.80 and TP at 183.
📌If price spikes to 186 or higher during the major news events, I would prefer
selling.
GBPJPY 20/09 MovePair : GBPJPY ( British Pound / Japanese Yen )
Description :
Symmetrical Triangle in Short Time Frame as an Corrective Pattern and it has Breakout the Lower Trend Line and Completed its Retest it will Reject from Lower Trend Line of Corrective Pattern " Falling Wedge " in Long Time Frame or Fibonacci Level - 61.80%
Short-term pullback possible in GBP/JPY, buy or sell?Hello traders! GBP/JPY seems to have found some support near
the 182.65 level.
📌Price has not gone below 182.65 despite multiple attempts by
the bears to break it. So, 182.65 can be considered a minor support.
📌If the minor support level holds, we can expect GBP/JPY to pullback
towards the 4H EMA level near 184 or even 184.70.
📌However, I do not recommend traders to buy GBP/JPY as the daily
and weekly trend indicates that price can fall further towards 179.
My recommendation is to wait for a pullback and then sell if GBP/JPY
reaches the 184.70-185.20 level.
GBPJPY 4H (Pivot Price: 183.12)GBPJPY
stabilizing above 183.43will support rising to touch 183.80 then184.24 then 184.66
stabilizing under 183.12will support falling to touch 182.53 then 181.52
Pivot Price: 183.12
Resistance prices: 183.80 & 184.24& 184.66
Support prices: 182.53& 182.02 & 181.52
timeframe: 4H
GBP/JPY may fall further to 179 levels, trade wiselyHello everyone! GBP/JPY's bullish rally has run out of steam and
price is slowly descending to the downside here.
📌At present, we are noticing the formation of a wedge-like pattern
in the daily chart of GBP/JPY.
📌Despite this, the uptrend may be short-lived as price may fall
to 179 in the coming days.
📌My recommendation is to sell the rallies in GBP/JPY. If price spikes
to 184 or 185 levels, I would consider selling GBP/JPY
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.
GBPJPY Retest and ReversalOANDA:GBPJPY
I marked out two areas of possible retest and reversal zones on my chart at 183.2090 and 183.393 px levels. Px touched 183.393 and has begun its descend. It is possible it is going to continue descending to 181.398 px level or even break it depending on the momentum of the move down.
GBPJPY: today!As long as 185.76 resistance holds, further decline is expected in GBP/JPY. Break of 182.66 will resume the fall from 186.75. Sustained trading below 55 D EMA (now at 182.39) will argue that it’s already in a larger scale correction and target 176.29 support next. On the upside, break of 185.67 resistance will indicate that the pull back from 186.75 has completed. Further rise should then be seen through 186.75 to resume larger up trend.
GBPJPY : SELL (D1)Pretty clear trade, broke out of the trend line, can sell now or on 185.000, stop loss and TP levels as stated on chart, remember to apply your own risk preference.
GBP/JPY Possible MASSIVE SHORTIt's been a while, but I think I am back again.
Glancing over at the chart and indicators we can see that we have reached some stress points especially in the long term for the pair in MACD and RSI.
The last I had a look, the charts were reading around 150 region, today it is sitting around 185 and I believe the decline has begun.
My analysis this time around is based upon how the market moved last year, the overall pricing of the pair, the knowing of Christmas being on the way and of course indicators.
Last year around the same time we had a downward movement that appeared about 3 weeks into the month. The decline was preceded by a rise, ousting all possible gains of the week before. Keep this in mind when attempting to enter your position.
180+ region is has been visited before, but not often. The last time around the current price was 2015, and before then was just before the 2008 recession. Due to this logic, I am anticipating a decline to as low as 125.
Greed is one of the most devastating vices of man. I have entered multiple trades and have set my TP to the 158 region.
Christmas is on the way, and I cannot think of a reason for either Brits or Japanese to travel aggressively to either country. Instead, the world appears to be preparing for a new monetary transfer from fiat to digital. I believe the decline will be inline with previous movement and slow transition of Agenda 2030.
My best entry point for this move was at 185.699, but it may be possible for the price to rise above this, to what I anticipate to be 186.
So far I am netting a total of 6430 pips.
Let me know what you think.
GBPJPY CLEAR DOWNSIDE RUNlooking to short GBPJPY upto its support area of 183.40. as we are in bullish trend which seems to be shifted for downside. let see how it pans out.
GBPJPY Long Term Buying Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY - AnalysisGBPJPY
W1 - The price has formed a double top, which may indicate the beginning of a trend reversal, after a long growing trend and falling to 165.832.
D1 - A “triangle” pattern is being formed, a breakout of the lower line may also indicate that the price may change its direction of movement to a downward one.
What can be expected now?
If the triangle is realized, we can expect the price to fall to the level of 181.527 and further decrease to 174.203.
Long term - targets 180.292 - 174.203 - 165.832.
Medium term - targets 181,527 – 178,534 – 174,203
GBPJPY I Sideway trading continues Welcome back! Let me know your thoughts in the comments!
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GBPJPY — SHORTThe price is forming a head and shoulder pattern After breaking out of an expanding triangle/ascending channel. A break of correction on the lower Timeframe (15mins) gives me confirmation to enter this trade.
GBPJPY Sell ProjectionGBPJPY price action in the past days indicates that price is about to go lower, having retraced to the premium sell area, price is now on the process of grabbing liquidity on lower timeframes then proceed with the sells. Sell from the bearish order block
Short GBPJPYSimilar to USDJPY, I think GBPJPY has reached an interesting point to sell short.
Manage your risk and good luck!
GBPJPY SHORT SIGNAL H1Dear Friends :
In the pound to Japanese yen currency pair, due to the presence of resistance in the daily tick frame and also the breaking of the trend line in the 1-hour time frame.
Now the price is in the right area to sell
The possible position of this currency pair is placed on the chart
You can also enter for analysis according to your trading style.
You can leave a message to subscribe to the crypto and forex signal channel, I will respond as soon as possible.
Will GBP/JPY fall to 178?Let's analyze the daily chartHello everyone, GBP/JPY made yet another attempt to break the
resistance level yesterday but the attempt was not successful.
📌Price has already fallen more than 100 Pips today. If the daily
candle ends today with a bearish candlestick pattern, we can expect
further fall in GBP/JPY.
📌183.46 is a moderate support level which if broken, would open
the path towards 178.
📌My recommendation is to sell the rallies in GBP/JPY.
