Stopped out, frustrating week for me Time to relax and take a break from the charts

GBP/JPY

My target is 128.50 area

GBP/JPY

your SL was too tight, I'm still in it and everything is looking promising for shorts (thank god NFP news didn't spoil it) but unfortunately it is friday. As long as we don't have a 4h candle close above 132, it should fall IMO.

GBP/JPY

I say take it step by step, let's ride this wave down until it's done (128 area or 124 area) and then see what the charts are showing us at that time. It's a very common mistake we traders always do, jumping to conclusions too early.

GBP/JPY

I don't like the bounce but it seems like it's forming a bearish flag, the 4h is still bearish and should head down if it doesn't close above 132. We have NFP news tomorrow and it's friday

GBP/JPY

Advice? This pair can kill in a heartbeat, so be careful and lock em pips.

GBP/JPY

Here we go sliding

GBP/JPY

I think it's a dead cat bounce as long as it doesn't close above 132 and next down target is 128.50 area.

GBP/JPY

no, that long got stopped out but recovered some pips going short today. Waiting for the news tomorrow and then look for signs of reversal.. or continuation.. price is at a tricky level I feel.

GBP/JPY

It should find some support here around 130.50 to 131 area. We have major GBP news tomorrow also, will be interesting to watch the fireworks.

GBP/JPY

4h candles closed well below the strong support area around 132.50 and now price is even below 132. If the daily candle manages to close below 132, it is a very bearish sign to me (daily candle already closed today below gann hilo also).

GBP/JPY

It's known for that, take out the stops as usual

GBP/JPY

It's struggling to break the 133.10 resistance area, might take a dive to the 132 support area before reversing.

GBP/JPY

Agree, this consolidation is getting boring....

GBP/JPY

price retraced and retesting the 133.50 area as support now, if it holds then it could go up and beyond 135.30 area.

GBP/JPY

143.28 to be precise, if it dips lower, shall add some more.

GBP/JPY

I just did If the bullish scenario plays out, then 137-138 is 1st target and 140.50 area is 2nd target, based on the daily chart, it might take a few days to a week or more though.

GBP/JPY

The beast flexing it's muscle, that was wild. Anyways now it's looking like 137-138 is next to target, but who knows with GJ lol

GBP/JPY

This up move fueled by news is disturbing... having mixed feelings now

GBP/JPY

Back at the stubborn support, the TL was broken and I expect this support go give in this time as well.

GBP/JPY