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GBP/JPY - British Pound Japanese Yen

Real-time Currencies
Currency in
JPY
Disclaimer
194.77
+1.15(+0.59%)
Real-time Data

GBP/JPY Discussions

Hold your buys, later during the day we have US news which has been bullish for USD for a while now and will push UJ up and taking GJ up as well and tomorrow we bave BOJ meeting which as always they will do nothing because the YEN is alreddy weakening beforehand meaning the big boys know the outcome of the meeting and are positioning themselves
If the meeting was bullish for the YEN we would have seen UJ and GJ fall long before the meeting as big boys already receive the news before the rest of us, price action shows what the outcome is, so keep holding your buys, even if this goes up another 100 pips today don’t close your buys, hold your buys like u held your losing positions the last time u were trapped for months
Fun :)
Wow. What sheer manipulation!!! Policy divergence they say. Lol
Thank you Serkota85 :)
Breakout to 200!
194.64 SELL TRADE small stop by count
Tp?
I SOLD at 192 something but use 15 pip stops and reverse
im looking for the upside maybe even 197-8
@Will Taylor using a smallish stop and reverse works catching the monster up moves just put double units on the stops
good to hear, hopefully this pair can rescue my account looking for big profits here
Time frame…. We have the cheat code on this pair welcome here bfo
Yep I guess wave 5 up… Now we have an expected target for that way. Five 🇬🇧🇯🇵🇬🇧🇯🇵🎯🎯🎯🎯a of little higher.
im new to this forum been tradong xauusd for about 2 months but cannot get my head around the volatility, lost way too much
It is approaching some potential resistance levels on the 1 hour. Whatever levels you are working on, remember they only are relevant to the levels on the TF you are on and lower. Always look higher, a mistake I make regularly. Higher TF levels may invalidate lower TF levels. Also look at momentum, although laggy, it helps.
what does TF mean?
Time frame or the chart you are on
Time frame
See how the longer u hold your buys the more profit u will get, this week alone about 400 pips and we still have today and tomorrow to go, all those who closed their buys during the week regret it
And since there has been no intervention from BOJ as expected then UJ will go to 160, and will take GJ along with it, and BOJ won’t be raising rates through this whole year, maybe they will late next year so if u catch a bottom keep holding and holding until BOJ raises rates I would say two more times and BOE/FED cuts rates
GJ to finally reach my target if 198
You were right this whole time, hats off to you.
Just broke through levels on the 4 hr. expect 197.754 Once it breaks 194.892 opens the door for it. Probably pretty fast
Multi year break out, expect at least 205 by the end of the month
That's it from me today, look for BOJ Friday morning, for sell opportunities, I'm working towards that. Good luck.
Any TF less than the 4 hr or even the 1 hr is useless right now
Yes, I believe so.
194.83 something may happen, not sure what, but that is one of the next level's its going for
If you are not sure look at momentum, right now it is way high on the weekly and monthly.
Will still it will rally further
Right now it is hunting the high from 2015.06.01 00:00, highly likely it will get it.
at least 194.54, setting itself up for BOJ Friday morning.
in between wide levels, means a rapid rise to the next level, like now
Long term it is going to 200 +
Don't sell, it is going to at least 195.235. It has broken through many levels invalidating a sell. Right now it is in between some pretty wide levels, and it will hunt and get the next level. Therefore, this move without stopping will not stop until it gets that level
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