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JAPANESE YEN / BRITISH POUND

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JPYGBP trade ideas

New High Soon?GBPJPY 1D TF An Ascending channel can be seen with Higher highs and higher lows being formed again and again, It is once again near the lower support line and a reversal should be seen now! A good entry can be Taken now with a Safe SL at the previous swing low A good target can be achieved over the previous high and a new high should be coming now! SELL only if rejection is seen from the top! Possible Pips-6.4 Pips RR Ratio-3 Message me if you'd like to work with me!
Long
by anshrathod77
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (153.09). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 152.59 TP2= @ 152.31 TP3= @ 151.90 TP4= @ 151.30 TP5= @ 150.89 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
GBPJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said last weeks ... GJ retested the area of the trend line from where it rejected and stick to the same idea of massive SELL in the next period just a weekly close above the trend line will make me consider a new BUY! THIS WEEK...GJ rejected and closed the month below the trend line as I said and has already made 400 pips from the 700-1000 forecasted a few weeks ago! Even if it retests the trend line, I am waiting for GJ at my final target in the next period ... 148,200 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
GBPJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said last weeks ... GJ has already made 50% of the descent we were waiting for! Even if it will probably retest the trend line ... my target for the next period remains 148,400 THIS WEEK...as I said last week ... GJ retested the area of the trend line from where it rejected and stick to the same idea of massive SELL in the next period just a weekly close above the trend line will make me consider a new BUY! NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
GBPJPY weekly outlook. EXPECTATIONS FOR NEXT WEEKGBPJPY and all other major forex pairs seem to be on a bearish trend. GBPJPY has closed at a major 4hr key level which may mean that the probability of going bullish may be a good decision if we get a good bullish engulfing candle. Currently, on the 30 mins timeframe, the price has closed below support and hasn't given a proper retest nor a fib entry. This may be to force traders to take an impulse sell. However we will be waiting for the price to break the 4hr key level if we want to continue bearish or break above the 152.5 resistance level to continue bullish. If we break above the resistance, we should be good to go towards the 153.5 level or even 154.5.
by mulchandanimahir82
GBPJPYDear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible As i said last weeks .... GJ has reached the trend line and strongly rejected ... which I still look forward to. Even if he can make another range, I expect GJ to go down the steps to area 148 ... and from there I'll reanalyze! THIS WEEK...GJ has already made 50% of the descent we were waiting for! Even if it will probably retest the trend line ... my target for the next period remains 148,400 NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS