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GBPJPY

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Perex

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Gbpjpy pairs analysis: October 21, 2019

currently in the American session, prices are still in a strengthening condition for gbpjpy, the daily range shows 187 pips. and the open price is opened above the daily open. This indicates that buyers are dominating the market.
with the current follow-up strategy, buy-in opportunities are the best choice.
for set-up entry:
buy with targeted profit on the green line and sl on the red line.
see the picture below
#76 - October 21, 2019, 02:59:16 PM
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Admin

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I am expecting GBPJPY to fall hard any time now. Price is currently 139.31. I am expecting this to fall at least a couple hundred pips in the near term. This should be going down to the 135 area later though.

On the weekly TF, price is at overhead resistance from a trend line. Also, the 139-140 level is a very important level. Price clearly broke this level and remained below this level for several weeks. Since then, price became very bullish and is retesting this resistance line. This level will most likely hold as resistance.
#77 - October 27, 2019, 03:09:04 PM
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GBPJPY in Technical_topic=585

Dita

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GbpJpy Harmonic Analysis
This GbpJpy pair is also worth considering because the shape of the harmonic pattern is quite promising. like GbpUsd which forms the same harmonious pattern. my suggestion for next week is to focus on buying in the 135.xxx request area

and place a sell limit in the Fibonacci resistance area with 161.8% expansion at the 144.xx price level
#78 - October 27, 2019, 04:45:43 PM
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Sure

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#GBPJPY 
GBPJPY made a false break from the small resistance line. 
I predict a decline to the 137.6 level with a strong trading volume record.
#79 - October 30, 2019, 05:14:46 AM
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N koke

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GBPJPY is still in a Bullish / Uptrend condition, but it must also get a reversal trend if the price breaks the support area above and also gets the price. 

In candle history, we can search for Buy entries, but to be more objective, I will give an assessment for buy or sell entries. 

If we look at the chart above, the buyer's pressure (long Green candle) is slowly raising the price without being able to be counteracted by the seller's pressure (red candle's length) and making it High and Low. 

SETUP
If the price of the 1 hour close candle breaks the Upper Limit of the Resistance Area (140.10, then get ready to find the best Entry buy position. 

If the hourly close candle price breaks the Lower Support Area (139.19), then prepare to look for the best Entry sell position.
#80 - November 01, 2019, 12:44:02 AM
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Nono

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GBPJPY analysis
On the chart, it is seen that the price is within the boundary of the price forming a new high higher. But I am waiting for the price to visit the supply at the price of 140.40 if there is a breakdown in this number then the best opportunity is to sell
#81 - November 03, 2019, 04:44:33 AM
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Sure

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#GBPJPY 
I do not recommend buying GBPJPY now. I expect and predict at least a correction to the 137.6 level Be careful when the price approaches the support line. 

We will see the market tomorrow and I will update again. 
I hope this helps.
#82 - November 03, 2019, 11:58:16 AM
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Dita

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GbpJpy technical analysis
This week the GBP pair is highly recommended to focus on sell signals only. Especially the GbpJpy pair as shown below. Because & nbsp; has & nbsp; shows significant overbought space. Seen on the chart, there was a closing price last week at the level of 139.xxx and in plain sight was already in the area of significant support to become resistant (SBR). That means we can wait for sell signals in the 161.8% Fibonacci area as shown below. This unique sell recommendation is also supported by the existence of harmonic patterns, therefore we only focus on selling.
#83 - November 03, 2019, 10:10:49 PM
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Nike

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for more than one week the pair has seen the upper limit of the channel 139,950 and now the same thing happens, in the medium term I consider the short-term movement in this couple some numbers lower or even more than two numbers. Today, for this currency pair, it is clear that the price has exceeded the trading range 139,950 - 135,423 and was assigned to it, in the future it should be expected that the price will return to the border of the range to test it, and when it is clear of the border, you must consider the point entry towards exit price. out of range. The first goal of which might be level 148,381. And if there is a breakdown in border prices with a return to range and fixing at its internal borders, you can consider entry points with the aim of price movements in this channel.
#84 - November 04, 2019, 04:53:09 PM
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Anta

the pound / yen pair yesterday was marked at 140.70, but after that it started falling to the level of 140.40. But this is most likely a support level and the price can continue its direction. But at the H4 timeframe, we can see a flat on this currency pair, and this most likely refers to a medium-term trader.
#85 - November 06, 2019, 02:50:30 PM
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Dita

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GBP/JPY BREAKOUT TECHNICAL 
Until now, the GBP/JPY pair failed to make higher highs and higher lows between the 141,400 to 138,900 price ranges, but at the H4 timeframe a doji formed at the end of the price movement. The price has long consolidated From this information it can be concluded that the GBPJPY currency pair is in a reversal phase options for sell entry can be done when the price breaks down from consolidation or buy option when the price breaks up from the consolidation area.
Recommend buy if price can break 141,400 high
Sell recommendation if the price breaks the 138,900 low

#86 - November 07, 2019, 07:27:16 AM
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mohammad mmufroil

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#gbpjpy

Because I am a daily trader Of course I will use a time frame under M30 specifically I use on M5

if at first glance we see the jpy gbp on the M5 looks dominant Bullish, and clearly visible buying options seen in the range 139,700-139,900 as a reference area to buy at the market
#87 - November 16, 2019, 05:16:27 PM
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Atminehomo

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the GBP / JPY opportunity to go down is getting closer because the daily zone greeting that I made using Fibonacci expansion has entered the reversal stage between the 3 yellow areas so that means we only need to focus on looking for price action this week because if it can go down next year. dominant areas are between the range 142,000 to 145,000. if within this week the daily engulfing signal is formed then just waiting for it to close and ready to open sell
#88 - December 01, 2019, 08:29:35 PM
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Tempek

For the pair GBP / JPY in the last week is still in a significant downtrend but do not forget that the demand area has been waiting that is formed from strong resistance that has been broken (see picture below) We can use the moment buy for next week because even though the weekly candle is downtrend, the big trend still dominates the uptrend 

Signal recommendation 
Buy at 141,500 
Stop loss at 140,700 
Take profit 143,500 

Use lots regularly and money management wisely.
#89 - December 22, 2019, 02:05:03 PM
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carlien

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Just waiting for confirmation from the CCI indicator and the OVB indicator are also already in the oversold area. Take the BUY option with small lots while waiting for the BUY Valid confirmation from the on ballance volume indicator and CCI for BUY with larger lots.
BUY 141,545
TP and SL 50 pips
#90 - December 23, 2019, 11:40:14 PM
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