GBPJPYHello traders. Due to the failure of the trend line, the price is expected to decrease by 80 pips in the first target and 130 pips in the second target. Be profitable
Gbpjpyidea
GbpJpy- Strongly bullish structure for 3k pips gainOn Friday I called for a break of support and, in the end, this break proved to be a false one and I closed my sell trade on break even.
As always, when I'm in doubt, I look at the longer TF, and here things are pretty clear, with GbpJpy in a visible uptrend since March 2020.
Also, the 2020 "pandemic low" and 2016 low have formed a nice double bottom on our weekly chart (very clear in monthly also).
At this moment the pair is consolidating exactly in the neckline resistance and considering the 6 months of consolidation the break should be very violent.
If this break will happen to the upside the next target is around 180 and the measured target of the double bottom is near 200, level confluent with a previous high.
Note: This is a very long-term outlook so don't expect 180 in 2-3 weeks
GBPJPY 4H Daily OutlookGBPJPY has taken help around 200-H MA and shown a minor pullback. The pound real pared a large portion of its benefits against the US dollar. Any break above 1.3600 affirms further bullishness. The UK has announced one more 141472 day by day cases lower contrasted with the earlier day-case 179756. The intraday pattern of GBPJPY is bullish insofar as help 155.70 holds. GBPJPY hits an intraday high of 157.15and is presently exchanging around 156.83.
Short-term resistance -157.75
Intraday Support- 155.70
DISCLAIMER: ((trade based on your own decision ))
GBPJPY Ascending Channel Pattern#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #TATAPOWER for 4 hours and analyzed it then I see that this chart has made a #ASCENDING CHANNEL, So I hope GBPJPY will go downside,
When price retest the supporting line then Nice opportunity for short.
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GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPYHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze GBP/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You..
GbpJpy is in strong resistance. Good time to sell?Since 150 recent low on 20 December, GbpJpy has risen strongly and has gained 600 pips.
At this moment the pair is trading exactly in a strong resistance zone and normally this would be a good sell signal.
However, considering that GbpJpy is a very volatile and, more importantly, a trick pair, I expect a spike up before the drop.
A clear sell signal is given by a new low under yesterday's
GBPJPY PREDICITON GJ
Enter- 155.800
SL- 155.814 or 155.853 Depends on the market movement
TP- 155.143
GBPJPY - SHORT - SELL Hello everyone, my view on GBPJPY, U can see everything on chart :) January will be bearish for most of the pairs imo
GBPJPY - SHORT - SELL Hello everyone, I am shorting GBPJPY as u can see. We had BOS now it is doing bearish flag and I am aiming at support
GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY CLOSER LOOK 4H You can see the IPA on the 4H it will retest either at .62 or .79 for a quick retest
GJ PREDICITONGJ retested on the .62 IPA then pushed all the way down, was not expecting that. if you go on the 4H TF then you will see an IPA on the 4H it could retest there in order to continue down to hit the daily OB (gray box)
GBPJPY updatesLooking to see if price is going to make more rejections out of the resistance for a possible short trade back to major support level and lower, so I will be watching price for another spike up where I may take the rest of my profit.
GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY long trade UPDATES!Still holding my position with stops at entry point, price has now started to break higher some I'm looking to see if we can get an upside trend so small pull back and a further continuation to the upside.
GBPJPY long trades taken!After price pushes back into support and slowing down on the lower time fames its looking to good not to take a trade, so I'm looking at price pushing back towards that 150.800 area atlest and possibly higher.
GBPJPY Analysis and Trade Idea Dec10thGJ has bullish momentum. I am looking for a pullback to one of the two order blocks below price.
Look for a tap and go if it retests one of the OBs.
"GBPJPY" Resistance and support zonesCurrently, the price is on very important daily support, if this support fails, a sharp decline is expected. But for now, we expect the price to test the daily downtrend line again
GBPJPY LONG TRADE UPDATES Exactly as I explained we got another rejection from the buy zone so hopefully some of you guys got entry's, from there we have now seen price push higher breaking the last lower high to confirm we should see a further push to the upside.. id expect to see a bit of a resistance at 151.500 from there hopefully we can get a pull back for another buy opportunity
GBPJPY Entries + Exits for FREEThe ENTRY/TP zones are your entries as well as your exits.
Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break.
Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule.
More info on the strategy and how to play it:
How To Play The Chart Entries/Exits:
Buy at green support entry, if it breaks by -35 pips (count it out) then enter a sell and ride to TP1, 2 and 3. Trail stop at each TP which means place your stop loss in profit but with enough room to be able to continue the sell if it continues. Same thing at resistance, sell but if broken by 35 pips then enter the buy and ride to TP1. Each TP is a support or resistance zone , so you could then even take a sell after TP1 for the buys have been hit and if it breaks out then just repeat.
All likes/comments and feedback are very much appreciated! Thank you to all of those who support me on a weekly basis, it really does mean a ton to me!
GbpJpy is in strong support zoneSince 158 recent top, GbpJpy fell like a stone around 1k pips in a very short period of time.
At this moment the pair is trading exactly in support, a zone that acted as resistance in 2018 and 2019.
I expect a correction from this zone and 152.50 could be the buyer's target.
A clear drop under support would negate my outlook and could lead to continuation to the downside
If you decide to trade this pair you should be careful with SL
