British Pound / Japanese Yen forum
GBPJPY 📊 GBPJPY Weekly Analysis Based on Main Key Levels
📍 Current Market Price (DCMP): 193.914
📉 Key Levels
🛑 Resistance (Above DCMP):
Resistance 1: 194.591
Resistance 2: 195.080
Resistance 3: 195.871
✅ Support (Below DCMP):
Support 1: 193.009
Support 2: 192.520
Support 3: 191.729
📉 Swing Levels
Swing High: 199.564
Swing Low: 195.376
💼 Intraday Buy Trade Setup
🔹 Entry Price: ✨ 193.209
🔹 Stop Loss: ❌ 193.009
🔹 Take Profit 1: 🎯 194.591
🔹 Take Profit 2: 🎯 195.080
📌 Reason for Entry: Strong support at 193.209 and 193.009 suggests a bullish bias, aiming for resistance at 194.591 and 195.080.
💼 Intraday Sell Trade Setup
🔹 Entry Price: ✨ 194.848
🔹 Stop Loss: ❌ 195.080
🔹 Take Profit 1: 🎯 193.209
🔹 Take Profit 2: 🎯 192.520
📌 Reason for Entry: Resistance at 194.848 aligns with a bearish outlook, targeting support at 193.209 and 192.520.
💡 Summary
GBPJPY is trading at 193.914, with resistance levels at 194.591, 195.080, and 195.871, and support levels at 193.009, 192.520, and 191.729. Swing high is at 199.564, and swing low is at 195.376. A buy setup is favorable near 193.209, targeting 194.591 and 195.080, while a sell setup at 194.848 targets 193.209 and 192.520.
GBPJPY GBPJPY is a popular currency pair among traders and investors, known for its volatility and interesting market dynamics. Here are some key levels related to the GBP/JPY pair:
Current Price: Around 145.50-146.50 (subject to market fluctuations)
Resistance Levels: 147.50, 148.50, 150.00
Support Levels: 144.00, 142.50, 140.00
Trend Lines: The pair has been trending upwards since the March 2020 crash, with a long-term trend line around 134.00
GBPJPY go short C M P 190 .900 Stop loss 192 T P 187
GBPJPY short term move - might form a strong support on 4h and then move up.
GBPJPY i thought it would not go up with the big sell but 191.834
GBPJPY strong sell wont will not gp up
GBPJPY buy up targetatleast 191.309 sl-190.630 current price 190.816
