Gbpjpy_outlook
GBPJPY Market Outlook | Daily Forex Market BreakdownGBPJPY
GJ is developing really good. We need to be extra patient with this pair right now, it’s too early to make a decision. We need to let it play out a bit more. If support can hold we could see a big push to the upside, that being said if we can see a big break below support we could see a violent push to the downside.
GBPJPY reversed from resistance, potential drop!
GBPJPY reversed off its resistance at 130.689 where it could potentially drop further to 126.582.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY LONG! Price Trading Above Two buy-ZonesCheck comments section for future updates on idea.
Like this idea?
Like, Share, Follow, and Support this channel for yet better content.
Thank you and
Happy Trading
fibo-rejection at 786 - intraday trade for GJpound- Yen has a rejection of the fib level 786 and we expect a natural retracement to hit the -27 level of this ABCD trade. Our tp area is in the 137.000 zones. it is a range of 230 pips. we will monitor this trade. used RR: 1:5
GBPJPY LONG! Two Setups on Daily Charts Currently price is trapped at Buy-Zone that could act as support or Resistance for Potential Long-setup on Daily charts.
Waiting for further price action is best strategy prior to locking trade position.
Check comments section for future updates on idea.
Like this idea?
Like, Share, Follow, and Support this channel for yet better content.
Thank you and happy trading.
GBPJPY Market Structure AnalysisIf it is useful for you, support that with your likes/comments and if you have your market view, please share it in comments
also, you can ask me questions...
Have a great day everyone!
WHAT NEXT FOR GBP JPY AFTER WE BROKE THE RANGEAs we previously expected to break the sideways direction, I expect to see a little decline at the support levels 133,339 and we return to test the bottom line of the sideways wave, which represents a strong support level in the previous days, then we will continue to the downside towards the 135,359 levels
GBPJPY potential reversal!
GBPJPY expected to rise up to 1st resistance at 144.432 where it could potentially react off and drop down to 1st support at 141.120.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY Good entries coming up <3143.360 is not officially a very strong support for GBPJPY , Today as the market opens GBPJPY is expected to be bullish overall today. It's a good entry 144.350 and if it crosses over 144.350 we can expect a good tail on 1D.
GBPJPY buy@144.350
tp@145.579(150 pips)
sl@143.360(90 pips)
worth taking the risk
for more updates follow me
and if you want my mentorship message me
GBPJPY reversed from resistance, potential drop!
GBPJPY reversed off its resistance at 144.432 where it could potentially drop further to 141.120.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
