{"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\/zh-hans\/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 uptren […]<\/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\/zh-hans\/wp-json\/wp\/v2\/posts\/29833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=29833"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/posts\/29833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/media\/29836"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=29833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=29833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=29833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}