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Gbpjpyanalysis

GBPJPY BEARISH IDEAIt'll be more clear if you look at your chart in D1 TM. I've spotted raising wedge which is reversal pattern and the H&S pattern still seems to be valid, the new bearish impulsive moves started this is why the current trend up seems to be counter trend. to sell the market wait for the break of the falling wedge and the correction channel. Note: All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit. I post and share for educational purposes hence no idea we publish should be considered an investment advice. I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction. You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
Short
by CELGIB_TRADING
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 156.000. The UK employment data released yesterday indicated continued decline in the number of people claiming for unemployment benefits in February. Meanwhile, average earnings rose while unemployment rate remained unchanged. Average Earnings Index 3m/y (Actual: 4.3%, Forecast: 3.8%, Previous: 4.2%) Claimant Count Change (Actual: -31.9K, Forecast: -36.2K, Previous: -43.3K) Unemployment Rate (Actual: 4.1%Forecast: 4.1%, Previous: 4.1%) The UK CPI y/y data (Forecast: 5.4%, Previous: 5.4%) will be released later at 1500 (GMT+8). GBP/JPY’s next support zone is at 156.000 and the next resistance zone is at 158.000. Look for short-term buying opportunities of GBP/JPY.
Long
by charliedavies770
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke the support zone of 156.000. The UK CPI y/y data (Actual: 5.4%, Forecast: 5.2%, Previous: 5.1%) released yesterday indicated that prices in the UK hit the highest level since March 1992, a 30-year high level driven mainly by higher energy prices and supply chain disruptions. During his testimony yesterday, Bank of England Governor Bailey highlighted that there are evidence of a second round of inflation effects. Currently, GBP/JPY is trading towards the resistance zone of 156.000 and the next support zone is at 153.800. Look for short-term selling opportunities of GBP/JPY if it bounces off the resistance zone of 156.000.
Short
by charliedavies770
GBPJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said last weeks ... as I said a few weeks ago GJ made the 700 pips we announced and rejected from the target area number 1 Now, I expect a period of range and a retest of the trend line but at the first close even on 1 day below area 148 I will enter SELL until area 142 THIS WEEK...as I said in the last months ... GJ closes lower and lower and makes a range between my number 1 target and the trend line ... I will try to trade in this area until closing even for 1 day above or below the area and then I will reanalyze the whole strategy NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
GBPJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said last weeks ... GJ rejected and closed the month below the trend line as I said and has already made 400 pips from the 700-1000 forecasted a few weeks ago! ...as I said a few weeks ago GJ made the 700 pips we announced and rejected from the target area number 1 Now, I expect a period of range and a retest of the trend line but at the first close even on 1 day below area 148 I will enter SELL until area 142 THIS WEEK..GJ retested thetargetr 1 area that I expect to pierce in the next period! However... any closing even for 1 day under 148,500 will make me open another SELL up to the target area 2! NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS