#GBPJPY BEARS WILL DOMINATE THE MARKET|SHORT🔴

📉GBP/JPY pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 189.599 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.
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#GBPJPY BEARS ARE STRONG HERE|SHORT🔴

📉We are going short on the GBP/JPY with the target of 187.757 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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#GBPJPY BEST PLACE TO BUY FROM|LONG🟢

📈Previous week’s red candle means that for us the GBP/JPY pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 191.478.
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#GBPJPY SELLERS WILL DOMINATE THE MARKET|SHORT🔴

📉We are going short on the GBP/JPY with the target of 186.545 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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#GBPJPY BEST PLACE TO SELL FROM|SHORT🔴

📉GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 191.791 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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#GBPJPY
SELLERS WILL DOMINATE THE MARKET|SHORT🔴

📉GBP/JPY SIGNAL

✔️Trade Direction: short
✔️Entry Level: 193.172
✔️Target Level: 187.511
✔️Stop Loss: 196.946

📊RISK PROFILE

⭐️Risk level: medium
⭐️Suggested risk: 1%
⭐️Timeframe: 1D
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#GBPJPY SELLERS WILL DOMINATE THE MARKET|SHORT🔴

📉GBP/JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 186.077 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/JPY pair.
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#GBPJPY BEARS ARE STRONG HERE|SHORT🔴

📉GBP/JPY SIGNAL

✔️Trade Direction: short
✔️Entry Level: 192.017
✔️Target Level: 189.531
✔️Stop Loss: 193.669

📊RISK PROFILE

⭐️Risk level: medium
⭐️Suggested risk: 1%
⭐️Timeframe: 9h
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#GBPJPY SELLERS WILL DOMINATE THE MARKET|SHORT🔴

📉GBP/JPY SIGNAL

✔️Trade Direction: short
✔️Entry Level: 193.409
✔️Target Level: 190.219
✔️Stop Loss: 195.512

📊RISK PROFILE

⭐️Risk level: medium
⭐️Suggested risk: 1%
⭐️Timeframe: 1D
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#GBPJPY BEST PLACE TO SELL FROM|SHORT🔴

📉We are going short on the GBP/JPY with the target of 192.600 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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#GBPJPY BULLISH BIAS RIGHT NOW| LONG🟢

📈It makes sense for us to go long on GBP/JPY right now from the support line below with the target of 198.556 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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#GBPJPY SELLERS WILL DOMINATE THE MARKET|SHORT🔴

📉Previous week’s green candle means that for us the GBP/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 197.518.
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#GBPJPY BEARISH BIAS RIGHT NOW| SHORT🔴

📉GBP/JPY SIGNAL

✔️Trade Direction: short
✔️Entry Level: 199.409
✔️Target Level: 198.698
✔️Stop Loss: 199.884

📊RISK PROFILE

⭐️Risk level: medium
⭐️Suggested risk: 1%
⭐️Timeframe: 2h
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