GBPJPY Continues Upward Post-Consolidation: Key Points to Note

by ForexCycle.com | January 17, 2024 1:20 am
After a period of consolidation, GBPJPY has broken through the 186.14 resistance level and kept its bullish position from the 178.72 level. As it currently stands, GBPJPY remains inside the ascending price channel on the 4-hour chart....

GBPJPY Breaks Above Resistance at 184.30, Potential for Upside Move

by ForexCycle.com | January 11, 2024 4:16 am
GBPJPY has broken above the key resistance level at 184.30, indicating a bullish move. Further upside potential is expected after a minor consolidation. The next target for the pair is projected to be at 187.30, followed by...

GBPJPY Elliott Wave Forecasting The Path

by elliottwave-forecast.com | March 23, 2023 5:16 pm
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of GBPJPY forex pair published in members area of the website.  As our members know, GBPJPY  Is trading within...

GBPJPY: Buying The Dips After Elliott Wave Double Three Pattern

by elliottwave-forecast.com | August 2, 2021 4:25 pm
GBPJPY is another pair that has given us nice trading opportunity lately . The pair has been showing impulsive bullish sequences in the cycle from the March 2020 low (124.27).  Recently it made clear 3 waves pull...

GBPJPY Elliott Wave View: Bulls Are Expected To Remain In Control

by elliottwave-forecast.com | October 1, 2020 4:30 pm
Elliott Wave view in GBPJPY suggests that the decline from 01 September 2020 peak unfolded as 5 waves impulse structure where wave ((iii)) ended at 134.55 low. Wave ((iv)) ended at 136.16 high, and wave ((v)) ended...

Buying The Dips In GBPJPY At Blue Box

by elliottwave-forecast.com | September 2, 2020 3:56 pm
In this blog, we are going to take a look at the Elliott Wave chart of GBPJPY. The pair is showing a bullish sequence from March 18 low. Therefore, the dips in 3,7, or 11 swings are...

GBPJPY Forecasting The Decline After Elliott Wave Flat

by elliottwave-forecast.com | June 29, 2020 1:16 pm
In this technical blog we’re going to take a look at the Elliott Wave charts charts of GBPJPY published in members area of the website. Recently the pair corrected the cycle from the 139.7 peak , when...

GBPJPY Found Sellers At The Blue Box Area

by elliottwave-forecast.com | April 23, 2020 4:16 pm
In this blog, we are going to take a look at the Elliottwave chart of GBPJPY.  The 4 hour chart update below from 15 April shows that the cycle from December 12, 2019 high unfolded as 5...

Elliott Wave View: GBPJPY Ending 5 Waves Impulse

by elliottwave-forecast.com | March 17, 2020 4:48 pm
Elliott Wave view in GBPJPY suggests that the decline from December 13, 2019 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from December 13, 2019 high, wave 1 ended at 141.14, and wave...

GBPJPY : Market Patterns Calling Move Lower

by elliottwave-forecast.com | June 20, 2019 7:37 pm
GBPJPY Technical Analysis  GBPJPY Daily Chart April 1/2019 : On April 1/2019 I posted chart on Twitter of the possibility that the pair could be forming a Bearish Head & Shoulders Breakout Pattern. Traders needed to be patient...