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).
As I expected GBPJPY made low of 152.910. I will Put another update soon 😃 Let me know is anyone had taken the trade or not in comments. We are not government registered entity before investing do your own research.
gj broke strucrure and now enen retested and even in daily time frame its bullish
well i know is in bearish treand in 4h tme frame but still its about to complete w pattern so im thinking it will boom up
GJ is in a decisive area and can see a uptrend from 152.5 area(+-200 pips) if MACD trend stays above 0 and try to crossover and continue away from 0 in the buy side. If the price decides to break 200 MA then we can see next support between 148.500 - 150.00
gj seems bearish in short term its going down to complete w pattern it now manupulating us by going up
gj went up now coming to complete w pattern and after retesting im expecting it to go back to the suppourt even institutions are concentrating their bullish positions
gj went up now coming to complete w pattern and after retesting im expecting it to go back to the suppourt even institutions are concentrating their bullish positions
now gbpjpy will goes up because trendline is break, and support is close.
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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...
Hi Folks! This is just one sniper shot that i was thinking about, this is not financial advice. Lets see what happens.
Well, today as I can see GBPJPY getting downward! side around 80 pips down from current price will check at evening! the results we learn we earn
From the daily chart of GBPJPY it looks like it's formed a double top pattern with evening star candlestick pattern, great sell opportunity for GBPJPY for long term period. Sell range 157-157.700 Take profit 153-154 Time period 10-20 days We are not SEBI registered entity before investing do your own research only invests which you can afford to lose.
Price is at its key level, short term fall may be expected to its near support,
Uptrend 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 weekly bias is bullish. posiible to break upside and reach the targetted zone