GBPJPY Bull pattern

Yeah as expected with the mini budget being announced.

Massive drop down. Really similar to GU

A decisive breakout of the 4 Hour structure and into the Daily structure…

Top of the range to bottom of the range, bottom of the range to top of the range…

Where will price be going next? Shorts closed… Still not a confirmed Buy at this point.

Edit +4H: Liquidity being amassed at the 152 level… 153 to 158 with a bullet…

GBPJPY made some big swings in the H4 chart. The pair made a big bearish move, then it made a bullish correction. The correction has been a big one as well. However, considering the H4 chart, the pairs seems to be dominated by the Bear.

HUGE moves going down at the moment, especially with GBP. and the Dollar. Can we see some reversals coming? This week’s video is out now, head over and subscribe if you haven’t already :slight_smile:

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GBPJPY has been heading towards the North with decent pace. The price seems to be making a bullish breakout at a significant level. It may continue its move towards the upside for a while.

Top of the range to bottom of the range, bottom of the range to top of the range…

(GBPJPY 4 Hour) 700+ pips over 4 days…

Who couldn’t see this opportunity? Simple risk adverse profits…

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It was nice to see it bounce back

Top of the range to bottom of the range, bottom of the range to top of the range…

(GBPJPY 4 Hour) 1150+ pips over 6 days… With162 the repetitive consolidation level…

Who couldn’t see this opportunity? Simple risk adverse profits…

The level of 159.500 may hold the price as a level of support. A bullish reversal pattern at that level may push the price towards the North again. A bearish breakout, on the other hand drive the price towards the South.

The level held the price as a level of support and pushed the price towards the North as I anticipated in my last post. It made a bullish breakout at 165.650. The buyers may keep their eyes on the pair to go long.

Will be keeping a close eye on this for the next week. Looks like liquidity is coming back in

Looks very bullish in the H4 chart. The buyers may wait for the price to make a bearish correction or consolidation followed by a bullish breakout to go long in the pair. It may end up being a very strong bullish move here.

Very strong bullish moves from GBP last week. Will we see a pullback before continuation? Appreciate anyone that head’s over and give’s a watch and a sub. Have a good trading week all

GBP looks good now. Considering GBPUSD, the pair may find its resistance around 1.15000. A bullish breakout above the level may make GBP stronger in coming days.

The pair found its resistance around 1.14000. It has been choppy since then. The buyers may wait for the price to make a bullish breakout at 1.14000 to go long in the pair.

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looks like its massively ranging atm

Tough not to see more downside. The 1.504 position is a key hold if any hope to remain bullish

The pair is traded around 169.400. A breakout followed by a bullish reversal candle may push the price towards the North. On the other hand, the pair may get bearish if it goes below 165.450.

The pair is in range still in the H4 chart. Traders are to be very patient with the pair to take an entry. The level of 167.640 has been working as the level of support and the level of 170.500 has been working as a level of resistance here.