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Gbpjpylong

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 275 pips winner 📈💰🤑Based on previous analysis of GBPJPY, the trade came out to be a winner. Target was 300pips but market printed 275 pips (satisfied). Usually I close my trade if the moment on intraday changes from the desired to unwanted, thst means in this case the desired momentum was bullish but at a certain time the market started rejecting download (bearish momentum establishment) so i close se the trade and take all the profits already made! Follow for more 📊 ALL THE BEST!
Education
by lofitrend