{"id":29833,"date":"2023-06-13T06:16:38","date_gmt":"2023-06-13T06:16:38","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/?p=29833"},"modified":"2023-06-22T18:50:01","modified_gmt":"2023-06-22T18:50:01","slug":"gbpjpy-reversal","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/pt-pt\/gbpjpy-reversal\/","title":{"rendered":"GBPJPY Reversal: Analyzing the Market Movement"},"content":{"rendered":"\n

Good morning Traders!<\/p>\n\n\n\n

GBPJPY<\/h4>\n\n\n\n

The market is in an uptrend on the Daily, Weekly, and the Monthly timeframes.<\/strong> Following the print of a new Daily Higher High, the market has been pulling back and is now near it\u2019s averages on the Daily chart.<\/p>\n\n\n\n

\n
\"GBPJPY
GBPJPY D<\/figcaption><\/figure>\n\n\n\n
\"GBPJPY
GBPJPY M<\/figcaption><\/figure>\n\n\n\n
\"GBPJPY
GBPJPY W<\/figcaption><\/figure>\n<\/figure>\n\n\n\n

The area that the market is currently trading at is also the previous swing Daily high<\/a> and a local level of Support and Resistance<\/a>.<\/p>\n\n\n\n

\"GBPJPY
GBPJPY 4hr<\/figcaption><\/figure>\n\n\n\n

I am looking for signs that buyers are ready to come back to this market in the form of a reversal setup<\/a> around this area of 174.40<\/p>\n\n\n\n

Keeping in mind that the Weekly and Monthly charts are still very overextended, and we may see a further pullback, then I\u2019ll be turning my attention to the 172.60 area.<\/p>\n\n\n\n

Happy Trading!<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning Traders! GBPJPY The market is in an uptrend on the Daily, Weekly, and the Monthly timeframes. Following the print of a new Daily Higher High, the market has been pulling back and is now near it\u2019s averages on the Daily chart. The area that the market is currently trading at is also the […]<\/p>\n","protected":false},"author":15,"featured_media":29836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"GBPJPY Reversal Analysis | FXGlobe","_seopress_titles_desc":"Explore the reversal in GBPJPY and gain insights into the market movement. Stay informed and make informed trading decisions with our analysis for traders.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-29833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts\/29833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/comments?post=29833"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/posts\/29833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/media\/29836"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/media?parent=29833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/categories?post=29833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/pt-pt\/wp-json\/wp\/v2\/tags?post=29833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}