GBP JPY - Fresh supply since 2016, what now?

G'day,

Firstly, welcome back to 2024. It's been a good start with some great consolidative moves within trading ranges, but now let's see the longer term movements for this pair of focus. GBP JPY.

Master Key for zones
  • Red = Three Month
  • Blue = Monthly
  • Purple = weekly
  • Pink = Consolidative box example (Daily)
  • Orange = Daily


Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual.

Below are some of the take aways from the video - please listen again incase any detail is missed.
For simplicity purposes, terminology is provided in layman's terms to reach a wider audience.

Monthly
https://www.tradingview.com/x/JQKApipS/

Weekly
https://www.tradingview.com/x/fX5PzU9B/

Daily
https://www.tradingview.com/x/Tz5upyXW/

Do you enjoy the setups?
  • Professional analyst with 8+ years experience in the capital markets
  • Focus on technical output not fundamentals
  • Focus on investing for long term positional moves

Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.

To all the followers, thank you for your continued support.

Thanks,
LVPA MMXXIV
consolidationzonedropbasedropEconomic CyclesfreshsupplyGBPJPYlupacapitalpartnersmarketstructureSeasonalitySupply and DemandsupplyandemandzonesTechnical Analysistradingrange

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