GBPJPY ShortGBPJPY Short, because of support, resistant, trendlines and candlestick pattern
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Gbpjpyshort
GBPJPY SHORT SETUPGBP JPY has a potential short trade in play. The market levels are key demand and supply areas where price is likely to react and turn around. Now that GBPJPY has retested the highs, there is likely to be a pullback to grab liquidity.
{=GOOD SELL OPPORTUNITY IN GBP JPY=}After touching the daily resistance, market is bounce back so use proper risk management.
!Happy trading
{=GOOD SELL OPORTUNITY IN GBPJPY=}A flag pattern appears in higher timeframe. It may continue its trend. Use proper risk management.
!Happy trading
GBPJPY ANALYSIS OVER H4 CHART.Gbpjpy currently moving in downward trend, Looking for short term Selling Opportunities.
{=GOOD SELL OPPORTUNITY IN GBPJPY=}After an long rally its now moving in downward. Use proper risk management.
!Happy trading
GBPJPY ANALYSIS ON H4 CHART.Looking for selling opportunities in gbpjpy, Proper money management suggested.
{=GOOD SELL OPPORTUNITY IN GBPJPY=}Expecting the big move towards sell, use proper risk management
!happy trading
{=GOOD SELL OPPORTUNITY IN GBPJPY=}After break in the market falling speedly, it may bear for long term so use proper risk management
!happy trading
GBPJPY two possibilities for next weekGBPJPY reached 1st demand area and now we're looking at a retest at the next supply area on the 1HR timeframe then continue the rally to the ground
{GBPJPY GREAT SHORT OPPORTUNITY IN DAILY}after a long trend and failed to break resistance and started falling. Enter with good risk management
Happy trading!
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 153.800.
The Japanese Retail Sales y/y data (Actual: 1.4%, Forecast: 2.9%, Previous: 1.9%) released earlier today indicated a slowdown in consumer spending.
The Japanese Unemployment Rate data (Forecast: TBA, Previous: 2.8%) will be released tomorrow at 0730 (GMT+8).
GBP/JPY’s next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term buying opportunities of GBP/JPY.
GBPJPY SHORTMarket Reverse from the Fibonacci 0.618 and Breaks the Higher Low. So the market will go more downward Corrections. Market will fall from the Supply Zone.
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is ranging across.
Currently, GBP/JPY is testing the resistance zone of 153.800 and thenext support zone is at 151.000.
If GBP/JPY bounces off the resistance zone of 153.800, look for short-term selling opportunities up until the FOMC announcement tomorrow at 0300 (GMT+8).
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 GBPJPYUptrend is about to end as it reached its resistance level also there is divergence. You can short GBPJPY. Also there is consolidation means that the market will make a big move.
GBPJPY Analysis over H4 Chart.Overall, GBP/JPY is trending upwards. Recently, GBP/JPY broke below the key level of 157.
Currently, GBP/JPY is bouncing off the support zone of 156.000 and the next resistance zone is at 158.000.
Look for short-term buying opportunities of GBP/JPY.
GBPJPY - Doubtful areaAM not sure if this continue this bull run... but if it starts to crash then it would be huge for sure
GBPJPY WEEKLY ANALYSIS 27-11-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#GBPJPY weekly bias looks bearish. The seller’s price of interests are 152.76, 153.26, 153.64, 153.96
The possible targets are 151.20, 149.20
These analysis are based on the current market swing and we update our views based on the upcoming future swings
GBPJPY DAILY ANALYSIS 26-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#GBPJPY Daily momentum is bearish. Sellers price of interest are 152.86,153.06
The possible targets are 151.60, 150.65
These analysis are based on current market swing and we update our views up on the upcoming future swing
GBPJPY DAILY ANALYSIS 25-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#GBPJPY Daily momentum is bearish. Sellers price of interest are 154.040 154.140 154.310
The possible targets are 153.340 152.940
These analysis are based on current market swing and we update our views up on the upcoming future swing
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (152.11).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 151.20
TP2= @ 150.73
TP3= @ 150.20
TP4= @ 149.49
TP5= @ 148.92
SL: Break Above R2
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