GBPJPY
Member Since Dec 11, 2015
1487 posts
Sep 17, 2016 at 08:08
The pair broke below 134.30, next target is around 131.20, I think.
Sep 22, 2016 at 06:23
Forex, 22th september 2016 : suggestions for main currencies
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions, taking advantage of correlations between strong and weak currencies.
For the next hours, I prefer sell setups on GBPJPY .
I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.
Thanks and good job.
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions, taking advantage of correlations between strong and weak currencies.
For the next hours, I prefer sell setups on GBPJPY .
I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.
Thanks and good job.
Member Since Oct 02, 2014
909 posts
Oct 07, 2016 at 08:06
Staying out of this market for now.
Positivity
Member Since Oct 02, 2014
909 posts
Oct 16, 2016 at 14:17
Bearish on the Sterling.
Positivity
Nov 22, 2016 at 07:25
GBPJPY at a major s/r level right now - 138.5-139.0 - , that has been rejected before early September and June and July, waiting for a reversal signal to go short OR a convincing break above to go long.
They say, you learn from your mistakes.. so I hope to make a lot of them!.
Member Since Oct 02, 2014
909 posts
Nov 27, 2016 at 07:34
Bearish view unchanged.
Positivity
Member Since Oct 02, 2014
909 posts
Dec 04, 2016 at 09:40
Let's see what the week brings.
Positivity
Member Since Oct 11, 2013
775 posts
Dec 07, 2016 at 00:57
Very good resistance at the 146.00 level on the GBPJPY. The bullish trend is still in place and even if the price retraces towards the 142.00 level, it may go back up.
Member Since Oct 02, 2014
909 posts
Dec 11, 2016 at 14:43
Neutral at the moment.
Positivity
Member Since Oct 02, 2014
909 posts
Jan 13, 2017 at 16:22
Bearish on the pair.
Positivity
forex_trader_338100
Member Since Jun 21, 2016
898 posts
Mar 20, 2017 at 09:44
GBP/JPY: Technical Levels
Higher side: 140.23 (March 16 high), 140.50/57 (Mar 10 & 11 high), 140.90 (50-DMA)
Lower side: 139.58/45 (daily pivot/ classic S1), 139/138.99 (round number/ Mar 9 low), 138.50/38 (psychological levels/ Mar 8 low)
Mar 21, 2017 at 08:08
I am watching GBPJPY for a long time now, without placing any orders on this pair.. because .. GBPJPY hasn't been moving for weeks.. at all! It is in a very very narrow range and if zoomed out it is in the tip of a well defined triangle.. the tension is getting high so a break out might be expected soon, and with such a high tension, the breakout will be a strong one... Which way? I have no idea, it could go both ways.
Hence the called out levels are not really significant, when it starts to move it will take out these levels in no time.
This all comes nicely together with the Brexit negotiations starting soon. When the first results come out, this could trigger this pair to start moving again, as it used to be!
My plan: Wait for the break, then a pullback and direction confirmation to enter... both directions it could go a long way (1000-1200 pips!)
Have a good one!
Hence the called out levels are not really significant, when it starts to move it will take out these levels in no time.
This all comes nicely together with the Brexit negotiations starting soon. When the first results come out, this could trigger this pair to start moving again, as it used to be!
My plan: Wait for the break, then a pullback and direction confirmation to enter... both directions it could go a long way (1000-1200 pips!)
Have a good one!
They say, you learn from your mistakes.. so I hope to make a lot of them!.
Mar 21, 2017 at 23:45
The market is just waiting an excuse to sell GBPJPY. Any bad economic news from the brits will trigger the bear.
To lose the european market is not good news for England in any way. Good news will make move a weak bull. Bad news will awake an angry bear.
To lose the european market is not good news for England in any way. Good news will make move a weak bull. Bad news will awake an angry bear.
