AS we have seen GBPJPY is struggling to fight between 153.00 and 158.00. the noticeable point is that the GBPYJPY is moving upward and making risk trend line, now the risk trend line has been broken by Pair and retest by the pair. The pair now may take retrenchment to test major trend line point i.e.156.00. if pair break this trendline then the pair move towards...
Please be careful with your trading next week and the weeks to follow, especially those of you who trade commodities (Gold and Oil in particular). Explosions have been confirmed in Ukraine (Donetsk Province) and according to local media, Russia is attacking Ukraine. Also, for those of you who have opened positions on Gold, expect the week to open with a...
GBP JPY if it breaks the area as shown then a potential buy for the next orderblock can happen. wait for the confirmation and then jump. Patientence pays Take trade at your own risk.
GBPJPY has bounced about 200pips++ since London session from the key level of 153.00 due to delegation of Ukrainian delegation. Aside from that, the weakening of JPY on Wednesday night has much contributed this pair going bullish as well. From the H1 perspective, the pair is now trading near to the Fib level 61.8 level where the previously rejected before heading...
GJ broke the channel , will be testing the lows . Trade at your own risk.
The market may move in either two directions: 1. if the candle closes below 152.9 the target is 148.9 2. if the candle is closed above 152.8 and the price is increasing the target is 157.43 THIS IS JUST FOR EDUCATIONAL PURPOSE. THIS ANALYSIS IS NOT FOR FINANCIAL PURPOSE.
GBP JPY broke the up trend and going downwards. The resistance is build in the top which is tested two times.
Trading Setup: There is a Trading Signal to Sell in GBPJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now 154.28or Sell on 155.31 ⭕️SL: 156.27 🔵TP1: 153.41 🔵TP2: 151.51 🔵TP3: 148.80 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you...
GBPJPY 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
entered swing trade today morning hoping it will workout
GBPJPY looking bearish, although it can make a slight bullish move and then drop. Overall we have a bearish reversal incoming.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (156.40). 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 above the 21-Day WEMA, which acts...
Please be careful with your trading next week and the weeks to follow, especially those of you who trade commodities (Gold and Oil in particular). Explosions have been confirmed in Ukraine (Donetsk Province) and according to local media, Russia is attacking Ukraine. Also, for those of you who have opened positions on Gold, expect the week to open with a...
if any green candle close above trendline go for buy. tp 300 points
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%,...
Current market position is very near to all time high of approximately 4-5 year, and forming a M shaped chart pattern, but we have to wait till market closed below 155, because it will reconfirm the downward trend, also RSI will indicate downtrend. Good trading day.
place sell stop order at 155.989 and manage the risk