GBPJPY I Weekly CLS I Model 2 I H4 OB entry Hey, Market Warriors, here is another outlook on this instrument
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About British Pound / Japanese Yen
๏ปฟThe British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because itโs historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
Related currencies
๏ปฟGBPJPY I Expect a Rally from the Buy Zone in the 1H Time FrameDescription:
I'm viewing the 195.116โ194.845 range on GBPJPY as a strong buy zone. My target is 196.088. Once the trade setup becomes active or the target is reached, Iโll be sharing an update here. Stay tuned!
I meticulously prepare these analyses for you, and I sincerely appreciate your support t
GBPJPY Hello traders. A new buy opportunity has emerged on the GBPJPY pair. As you may have noticed, the pair has been rallying non-stop for the past few days, and even on the M15 and M30 charts, it hasnโt offered many pullback opportunities for entries. But it seems that opportunity is finally here. Iโve
GBP/JPY 2-Hour Chart - OANDA2-hour price movement of the British Pound (GBP) against the Japanese Yen (JPY) from OANDA, showing a current value of 196.248 with a slight decrease of 0.256 (-0.13%). The chart includes candlestick patterns, a highlighted resistance zone (pink), and a support zone (cyan), with key levels marked at
GBPJPY Massive Short! SELL!
My dear subscribers,
This is my opinion on the GBPJPY next move:
The instrument tests an important psychological level 196.43
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Tar
GBP/JPY in Trouble? Smart Money Rotates Into Yen๐ 1. COT Analysis
JPY (Japanese Yen):
Non-Commercial Net Long: +54,615 โ showing strong long accumulation since March.
Recent Changes:
Long: -5,319
Short: +1,235
โก๏ธ Mixed signals short-term, but overall net long positioning remains strong. Speculative funds are still heavily favoring the Yen,
GBPJPY Bullish Move
Monthly Chart
Price respected the Major QP (190.00)
Price also formed a Triple Bottom
The previous monthly candle ended as a bullish engulfing
Short MAs are above Longer MAs and price is above both
Sentiment - Look for buys
Weekly Chart
Price found support at he weekly zone and ma
See all ideasย
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
๏ปฟThe current rate of GBPJPY is 197.771ย JPY โ it has decreased by โ0.27% in the past 24 hours. See more of GBPJPY rate dynamics on the detailed chart.
The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPJPY has the volatility rating of 0.41%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPJPY showed a 0.42% rise over the past week, the month change is a 2.06% rise, and over the last year it has decreased by โ2.27%. Track live rate changes on the GBPJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers โ choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts โ just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPJPY shows the strong buy signal, and 1 month rating is buy. See more of GBPJPY technicals for a more comprehensive analysis.