At the moment, GBPJPY(
GBPJPY) is currently within a Potential Reversal Zone(PRZ)[214.11 JPY-213.50 JPY] on the 1-hour timeframe, and has formed an Ascending Channel over the past day.
From an Elliott Wave perspective, it seems that GBPJPY is completing microwave 5 of the main wave C. The correction pattern is Zigzag Correction(ABC/5-3-5).
We can also observe a negative Regular Divergence(RD-) between two consecutive valleys.
I anticipate that GBPJPY, after breaking the lower line of the ascending channel, will likely decline to 212.77 JPY. If the support line is broken, we can expect further declines toward the next target.
I’d love to hear your thoughts on GBPJPY. Do you think it will begin a downward trend on the 1-hour timeframe, or will it continue its upward movement?
First Target: 212.77 JPY
Second Target: 212.35 JPY
Stop Loss(SL): 214.31 JPY(Worst)
Points may shift as the market evolves
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 British Pound/Japanese Yen Analysis (GBPJPY), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
GBPJPY) is currently within a Potential Reversal Zone(PRZ)[214.11 JPY-213.50 JPY] on the 1-hour timeframe, and has formed an Ascending Channel over the past day.From an Elliott Wave perspective, it seems that GBPJPY is completing microwave 5 of the main wave C. The correction pattern is Zigzag Correction(ABC/5-3-5).
We can also observe a negative Regular Divergence(RD-) between two consecutive valleys.
I anticipate that GBPJPY, after breaking the lower line of the ascending channel, will likely decline to 212.77 JPY. If the support line is broken, we can expect further declines toward the next target.
I’d love to hear your thoughts on GBPJPY. Do you think it will begin a downward trend on the 1-hour timeframe, or will it continue its upward movement?
First Target: 212.77 JPY
Second Target: 212.35 JPY
Stop Loss(SL): 214.31 JPY(Worst)
Points may shift as the market evolves
💡 Please respect each other's opinions and express agreement or disagreement politely.
📌 British Pound/Japanese Yen Analysis (GBPJPY), 1-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
✅ This is just my idea; I’d love to see your thoughts too!
🔥 If you find it helpful, please BOOST this post and share it with your friends.
トレード稼働中
Following today’s key economic releases from the UK and Japan, we witnessed a sharp bullish spike followed by a quick correction in GBPJPY.
This move was clearly news-driven, caused by a sudden imbalance in fundamental strength.
Today’s Data:
JPY – Japan
BOJ Policy Rate: <0.75% (Unchanged, as expected)
Retail Sales m/m: 0.4% (Forecast 0.0%)
GBP – United Kingdom
Flash Manufacturing PMI: 51.6 (Forecast 50.6)
Flash Services PMI: 54.3 (Forecast 51.7)
Fundamental Outcome:
Strong UK PMI data triggered immediate GBP strength
Japanese Retail Sales provided only limited support to JPY
The divergence led to a sudden upside shock in GBPJPY
However, this reaction appears to be short-term and sentiment-driven, not a structural shift.
From a technical standpoint, the short position can still be maintained, as the broader market structure has not confirmed a sustained bullish breakout.
Some of you may have benefited from this volatility —
and I truly hope you did 👌
トレード終了: 利益確定目標に到達
Target Done=>Risk-To-Reward: 1.45
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🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。