Forecasts of GBP/JPY

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GBP/JPY MACD Divergence At Monthly Support
GBP/JPY MACD Divergence At Monthly Support
The GBP/JPY has made a temporary bottom at 141.25 and we can see MACD divergence that could push the price to the upside.141.25-50 is the zone where price might spike towards the 142.60-85 where new sellers might be waiting. Only a clear 4h close or h1 momentum above 142.90 should target 143.40. B.....
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GBP/JPY Equidistant Channel Bearish Continuation
GBP/JPY Equidistant Channel Bearish Continuation
The GBP/JPY has followed my previous analysis exactly as planned and even during summer holidays trading, this still remains one of the best pair to trade due to its high ATR(14)-121. At this point we have two potential POC zones, should the pair retrace. POC1 144.70-90 (38.2, bearish order block D ...
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GBP/JPY Possible Momentum Change Due to M Pattern
GBP/JPY Possible Momentum Change Due to M Pattern
The GBP/JPY has been rejected from the W L4 level and at this point we see an intraday downtrend in the GBP/JPY with clear double bottom support. Price action shows both up and down movement but to me it looks like a potential momentum change especially because the price is below W L4 that makes a.....
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GBP/JPY Technical Zig-Zag Uptrend
GBP/JPY Technical Zig-Zag Uptrend
Global Equities were given a boost the past few days, which has been bullish for the GJ pair. Japanese data has been solid the past week, and its major trading partner in China has posted strong data for the week. Whereas, US data has largely been meeting expectations. At this point we can spot 2 .....
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