GBPJPY

Watch out for a low risk buying of GBPJPY after London open God-willing, as I am already longing it.Possible TPs are 162.35,162.80 and 164.81 God-willing.

Happy longing!

The pair broke above the resistance at 159.70, so I opened a long again. In my opinion next target is likely at 160.70, but it may climb above that level.

Dear traders,I see buying GBPJPY now with some TPs at 162.34,162.80,163.05 and 164.672 God-willing.

Happy trading.

GBP/JPY formed an incredible shooting star on the four-hour time frame and started falling. Now it's testing 161.60 and a breakout below that support would mean it will continue falling towards 160.50.

Hmm, the fall has already stopped and is going up again... tricky, those news related moves

Dear traders,
I see that both GBPNZD and GBPJPY have found support and are ready to move over 1700 pips combined with SL less than 250 pips combined.I opine that GBNZD is a sweeter set up with over 700 pips as first TP and 1050 pips as second TP with 135 pips Sl from now,God-willing in all.See if you agree with this analysis and consider your risk appetite.

I have closed all my short trades on the pair.

Happy longing.

I agree, the GBP/JPY downward trend seems exhausted and the pair found support at 156.40. I think the move to the upside will continue at least to 158.40.

That's why I love to Trade against the Crowd... 3 posts to explain step by step... The move isn't finished yet. I warn you : )

https://www.forexfactory.com/showthread.php?p=8956509#post8956509

Same thing for GbpNzd : )

So much about the trend being exhausted yesterday's NFP news provoked a further move to the downside. The pair has almost reached the support at 154.30 and I think next week we'll see that happen.

Looking to see where it goes next.

Gap down... so so painfull for 80% traders Long

Good day fellow traders,
CrazyTrader is right that GBPJPY and GBPNZD are still in the downtrend.I am sorry,I did not realize that I did not shre my rethink with this blog though I posted this to the subject I started 'Trade Ideas' on Friday it has been a very massive pips making rethink since Friday till now.Here is what I posted then:

'

Member Since Feb 15, 2016 111 postsmmafxbook Jun 03 at 11:26
Good morning traders.The GBP pairs are not ready to go north anymore in my view as GBPNZD and GBPJPY have both broken below their supports,and thus want to continue the downtrend going south.GBPCAD was not ready to go north even before my previous post.With at least these 3 pairs indicating they are still in the downtrend,my bias has resumed to shorting the pairs if I see my favorite short setups,God-willing with at least 300 pips from GBPNZD and 200 pips from GBPJPY.GBPCHF is still showing signs of going north though,I suggest staying out,except if it breaks the 1.4315 level with strong conviction for a long trade.Should GBPCHF too break the bottom of the range and re-test,my bias will resume shorting the pair too,God-willing.

In all,traders with humble accounts may wait for the NFP news to be over before entering trades today,while those with fairly large accounts and greater risk appetite may enter their trades as they see their favorite setups,God-willing.Yesterday being generally quiet we may expect some good movements and thus pips today,God-willing.

Happy trading.'

Hello fellow traders,
This has been a very busy pips making week for most of us,I guess-shorting GBPJPY and GBPNZD as I posted on Friday.I have just shorted both pairs again now.For GBPJPY my suggested TPs are 152.95,!50.98 and 148.77 God-willing. As for GBPNZD,TP are 2.01940 and 1.9890 id we have a strong 1 hr close below 2.01940 God-willing.I also shorted EURCAD heavily,but it seems to be setting up for a buy now.Still watching it but have closed all my short trades.

Happy trading!

Thanks a lot

Thx to mmafxbook

If you guys want to know how to trade against the crowd... you should browse 'Sentiment traders' by PipsFestival

* on ForexFactoy

Waiting for the Vote!

GBPJPY. Currently at the lowest since August 2013 on strong JPY.

Friends,with CPI and CCPI news out now,the GBP pairs-GBPCAD,GBPNZD and particularly GBPJPY going further south is confirmed GOd-willing.I have shorted the three,GBPJPY with TP 148.80 and 146.22 God-willing.I had suggested TPS for the others too earlier.
Happy shorting!