Gbp/Jpy

[ibnbaghdad]

my free zone to trade you can buy or sell here and your limits are
top point 126
bottom point 124.40
buy from 126 your stop lose 124.40 your target 127.50
sell from 124.40 your stop lose 126 your target 123.30

[md satu]

yes you r right
as expected this pain making a strong bearish movement right after the news release yesterday & the support line has been broke by yesterday never but be careful

[md satu]

yes you r right
as expected this pain making a strong bearish movement right after the news release yesterday & the support line has been broke by yesterday never but becareful

[khaled24]

After the bearish motion of the pair , it has faced the strong support level @ 125.36 (50.0%) then it started to move up , i expect more rise for this pair till it correct its position and hit the resistance level @ 127.24 (61.8%) , it can be our first target point , Good Luck

[simpleforex68]

In H1 chart of the pair, we can see that the price has had a long time decrease from about 129.56. The Ichimoku Kumo Cloud is flat now. So I think the price will retrace to the Fibonacci 50% level.

[ashaab]

The pair declined sharply yesterday to complete the formation of the double top shown above, especially after the breach of the neckline at 127.10. The pair is stable below the retest level of 125.65, providing more bearish signs that support the continuity of the downside movement today . Our main target is the retest level of 123.75. A breach of 125.65 might trigger a retest of the previously breached neckline at 127.10.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 125.65, targeting 124.70 and then 123.85 and stop loss with 4-hour closing above 126.65 might be appropriate

[ashaab]

The pair remains stable below the previously breached symmetrical triangle and the MA 50 is still pressuring the pair over intraday basis. Therefore, we hold onto our bearish intraday expectations for today targeting initially 126.50 and require stability below 128.40.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 128.15 targeting 127.25, 126.50 and stop loss above 128.95 might be appropriate

[Nabi Ahmed Gill]

Main ye thread GBPJPY ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

Gbp /jpy boht he acha or best pair ha muja ya pair boht acha lagta ha or main es pair ko boht zada used karta hoon muja es pair par boht sara borassa hota ha es lya main na kafi profit be earned kar lyaa ha trading sa ap koi be ak dooo pair chose kar loo or us par he trading karo kafi profit earned kar sakta hoo.

[ashaab]

The pair is still trading within the symmetrical triangle shown above, where the pair is closely approaching the head of the triangle. Trading is stable below 128.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 125.65 and require stability below 129.05.



Recommendation : Based on the charts and explanations above, our opinion is selling the pair around 128.40 targeting 127.10, 126.50 and stop loss with four-hour closing above 129.05 might be appropriate

[simpleforex68]

We can see that in H1 chart of the pair, the price is in sideway. So, I think the price will continue go in the triangle pattern and will make a break out to go up.