GBPJPY Double Top So GBPJPY already make Double Top in 15 Minutes chart and it's already on Strong 1D and 4Hr Resistance Level so you can Sell it after the Double Top Breakout and Hold to Double Top Neckline below
Gbpjpyshort
GBPJPY short setupGBPJPY is heading for that juicy looking 184.000 zone that the market didn't want to push through.
Let me know what you think!
GBPJPY Trade after taken liquidity of the buyside and mitigation of the supply zone we will see a drop of the price towards demande zone
- Trading is probability control your risk management
Good luck !
GBPJPY, H1 Expecting Strong SellGBPJPY, i am expecting a strong sell from recent price and if this fail, then i am expecting strong sell entry from 182.00 area.
GBPJPYThe Bank of Japan issued an unexpected monetary policy update that propped the Yen against major currencies. After a change of character (CHoCH), we are presently awaiting a minor bullish correction targeting either unmitigated zone. Our targeted exit is the flip zone/demand zone at 170 price handle.
GBPJPY - SHORT; Looking for a Top hereThe Pound found itself rather unimpressed on the heels of the recent inflation data prints. Speculation abound whether there is one more rate hike left in the BoE, before long? (Likely.) Even so, everything (including the kitchen sink) has already been factored into the Pound crosses thus, any short fall in inflation prints from here on out are likely to have severe (down side) consequences! This pair has been quite overextended, already, above 170.00.
The EUR/GBP is showing signs of an intermediate bottom, following its recent drop. (Thus, if anything this is the pair to look for Shorts, vs. the EURJPY.)
Overall, both pairs EUR/JPY and this one, GBP/JPY are somewhere very close to a (very!) long term top, e.g., both pairs are deserving some unmitigated attention at this point.
Looking for Short Entries here
Here is the Daily view;
... and here is the EURGBP;
#GBPJPY D1-4H Sell☑️Broke the structure on the D1 timeframe
☑️Broke the structure on the 4H timeframe (confirmation)
If we break the market structure up on the 4H timeframe, we we'll go a little higher before drop, but if we break the red level on the D1 timeframe, the analysis becomes invalid🙅♂️
Good luck 🙌💪
GBPJPY - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to take out sell side liquidity and then to reject from bullish order block.
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GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY: Today!The release of new data from the ONS caused a significant drop in UK government bond yields as traders adjusted their expectations for future interest rate increases. Prior to the release, financial markets were anticipating a final UK Bank Rate of over 6%, but these expectations decreased to around 5.75% during the morning, resulting in a sharp decline in UK 2-year Gilt yields, which are sensitive to interest rates. Given the projected decrease in inflation in July, thanks to a lower Ofgem Energy Price Cap, it is possible that the UK has already experienced its highest interest rates.
GBPJPY SELLHi, according to my analysis of the GBPJPy pair. There is a good selling opportunity. With the pair breaking the triangle pattern. It also broke the strong support at 180,500. All of these indicators point to further decline in the coming days. Good luck to everyone
GBPJPY: In the short term, the technical outlook for GBP/JPY remains negative as indicated by the daily chart, which shows the pair declining from its recent multi-year high. The pair has experienced a significant rally of nearly 18% this year due to loose Japanese monetary policy and tightening UK monetary policy. However, there may be a change in the latter as today's inflation data suggests that July's inflation reading will be even lower. This is likely due to the implementation of the Ofgem energy price cap, which has been reduced from £2,500 to £2,074.
gbpjpy sell. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPJPY, Expecting SellGBPJPY, i am expecting sell from 182.90 area as there is H2 POI available with strong liquidity expecting a 500 pips move for next week.
GBPJPY to stall at 0.618 pullback?GBPJPY - Intraday
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
Short term bias has turned negative.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
We have a 61.8% Fibonacci pullback level of 182.27 from 184.01 to 179.46.
We look to Sell at 182.30 (stop at 182.80)
Our profit targets will be 181.10 and 180.80
Resistance: 182.50 / 184.00 / 188.90
Support: 179.10 / 168.55 / 165.70
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GBPJPY: Today with market!The GBP/JPY currency pair has experienced its first daily increase in three days following the release of UK inflation data. The data showed that both the UK CPI and Core CPI rose higher than expected in May. The pair has rebounded off of the 100-hour moving average and is currently being favored by positive indicators. With the weekly resistance line acting as immediate upside, buyers are preparing for a potential new multi-month high.
gbpjpy h1. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPJPY: Strong volatility!The annual Consumer Price Index (CPI) is predicted to decrease to 3.1% in June from the previous month's 4%. Likewise, the Core CPI, which is not affected by volatile food and energy prices, is expected to slightly decrease to 5% from 5.3%. Investors are expected to pay attention to the monthly Core CPI reading as it offers a more accurate portrayal of inflation. It's projected to increase by 0.3% this month compared to May's 0.4% increase. The recent decline in used car prices has led investors to anticipate a subdued inflation report this week.
GBPJPY SHORT CONTINUATIONEarlier this week we saw GBPJPY trading around the level of 183.900 where price created a resistance level. Price began to consolidate between the levels of 183.900 (Resistance) and 182.860 (Support). Once price broke the support level of 182.860 we waited for a retest of that broken area, where we then got a confirmation for a bearish pattern. Now looking at where we currently are we can see that price broke and close below a strong support. We can wait for a retest of that level to continue going further down.
3 out of 4 successful GBPJPY shorts so far this week. If price should continue in our favor we will hit our 4th successful trade.
Please share your own opinion and ideas of what you think, if you agree or not. All opinions are welcome.
GBP/JPY ShortGBP JPY Short
This is my analysis for this coming week I think that we are still looking at a correction.
We have broke out of a rising wedge & we have retested the higher high that was previously made and closed under it , we have failed to breakthrough higher & created a double top
We are still oversold on the daily & weekly time frame and are running into exhaustion I believe we will be dropping to 179.900 where we will see if it will breakthrough the support level.
GBPJPY Setting up for a ShortThis pair has been on my watchlist for the past few days and seeing it has broken through the most recent support level 182.015, I would love to see a retest of same level and then a rejection before I take the position.
Here was what I posted some few days back
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBP/JPY Shared Yesterday +120 Pips 0 Drawdown , New Entry Added This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
