JPYGBP trade ideas
GBPJPY bulls GJ has held a price range between (168.78 being the upper limit and 159.5 being the lower limit) for roughly 110 days. We have seen out first break out of that to the downside was met by enough bulls to push it back up into nearly the middle of the previous range, with these bears answered I look for the bulls to continue up towards the top of that range to test its waters. This is just an overall bias on GJ for the next couple of days.
Gbpjpy long possible We bought gbpjpy at 156.332 now we are going
With a profit of 700 pips profits if u like my analysis follow me for more updates in future
Gbpjpy long analysis done by Manpritfx
What are these signals based on?
Technical Analysis , Price Action Candlesticks , RSI , Moving Average.
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GBPJPY Next Move Either SideAs per historical calculations, GBPJPY will be move either side but if it crosses 158.500 (major resistance in one hour time frame) then it is expected to reach or cross 160.300 otherwise it may fall again till 148 as per historical chart...
do your own research because this is not an investment advice, just my own analysis based on chart...
GBPJPY TradeA very big short Opportunity can be taken on GBPJPY on retesting 154.500 levels, we can see a very big downside to levels 0f 146-147 soon, as on daily last 2 days seemed like a liquidity grab for it to continue lower.
Weak currency vs weak currencyWhat are our targets for the GBP/JPY? This might all depend on Central bank intervention.
Last week the BoJ briefly intervened and now there is speculation that the BoE will follow through with similar measures to help prop up the pound, which has cratered in the past two days in response to the dismal economic outlook of the UK and new tax cuts from the government.
GBPJPY trade in london sessionTaken another sells in GJ today, giving it a second chance...worked really well
Great Opportunity to buy GBP Vs JPY
For education purpose only. Trade at your own risk.
It is a great opportunity to buy GBP Vs JPY.
Following logic is used to arrive at the Long bias.
1. Pivot 2 is highly manipulated in Pivot 4
2. Multiple Pitchforks (Modified pitchfork, Width pitchfork, Frequency tuned pitchfork) conclude at Pivot 4, indicating it as a moment of exhaustion.
3. Momentum Offset / Divergence of Price with RSI in Pivot 2 and Pivot 4
Conclusion: Great opportunity to Long between 162.5 and 163 (ALONG the bottom line of Blue Pitchfork).
Target 164.5
SL: 162
gbpjpy analysis The presence of structure in the daily time frame
entry:162.753
stoploss:154.097
tekprofit:180.496
GBPJPY Buy trade opportunitiesGBPJPY Buy trade opportunities
The Overall Bullish trend it have recently retest Support Line and make Here is a good opportunity for a long with very good risk-reward
Always trade with Stop Loss
GBPJPY sells in london sessionTaken sells in GBPJPY sells in london session open, secured 50% at 22pips and rest running till tp
GBP JPYLooking for short on GJ.
In 1H, price is making H&S pattern.
I'm on short. looking for more sell trades on GJ.
Use proper risk management.
Thank you
GBP JPYThere is a possibility of pullback on GJ, before it goes for more up/Long.
Waiting for a confirmation.
Still in Long position.
Thank you
GBPJPY will be Short till 162.00
GBPJPY will be Short till 162.00, its a bullish retracement .
here is a strong Demand Zone at 162.00 .
Hopefully, we can see bullish from 162.00 with some small retracement to Long 170.00.
Trade safe with Tight Risk and Money management.
Thanks for Likes and Boost Friends.
{=GOOD BUY OPPORTUNITY IN GBPJPY=}As there is clearly breakout of symmetrical triangle pattern in upside direction. So use proper risk and reward
!Happy trading
GBPJPY Breakout short Updated*Hello guys this is the more detailled and updated version of my idea.
I've also executed this position with a small lotsize of 0.40
GBPJPY Breakout shortGoodmoring to all London session traders!
There is a break out on the 15 Min TF, JPY is growing strength since USD is going down a lot of companies and investors are moving their money to JPY since in the long term this will be more viable for them aswel.
We might see a downfall of GBPJPY to about 160.700 - 160.040.
Please leave a comment in the comment section what your idea on this market is.
Lets all stay positive and help eachother out since we're all one TEAM!
GBPJPY Analysis we have predicted this pair and we can see that it can go 132 pips up from here and then moving up 673 pips down let us first see the running course of it for now and i hope with this trade you will be able to assist yourself better with our guidance towards the movement of the trade and will make a fortune out of it
GBPJPY BULLISH We are predicting the pair to move 300 pips up from here till 164.280 and further more go up but for now we are hoping it go up 300 pips
