Daily GBP/JPY analysis

Gbp vs Jpy (1H) - At this moment, market just bounce again from the lower TL. A pullback from the pivot critical line and followed by breakout towards the S3 critical line would bolster to the alt count in white scenario. Otherwise, we may see another bullish rally to complete the corrective wave e and 2 in magenta.

Gbp vs Jpy (4H) - Please be careful for a possibility towards another bullish rally to perform corrective wave e and 2 in magenta.

Gbp vs Jpy (Daily) - Favourably, I'm looking forward for a valid rising wedge bearish continuation pattern scenario to complete major wave 5 either in white or magenta. Otherwise, please be careful for any truncated major wave 5 scenario in yellow. Happy weekends and good luck.

Gbp vs Jpy (1H) - At this moment, market is already at the major lower yellow trendline. A strong breakout is needed to bolster towards the alt count in white scenario. Otherwise we may see another bullish rally perhaps to complete the corrective wave e and 2 in magenta.

Aud vs Usd (Daily) - Preferably, I'm looking forward for another bearish continuation trend scneario perhap to perform wave 1 in white to bolster towards a bearish reversal trend scenario within this week. Otherwise this scenario would put in hold 1st if we see another breakout towards the upper green trendline which would indicate that major corrective wave B in magenta still not complete yet.

Gbp vs Usd (1H) - At this moment, I'm looking for a valid diagonal triangle bearish reversal trend scenario either in white or magenta. Please be careful for any "bull trap" scenario in magenta. Advisable to look for any opportunity towards a bearish reversal entry signal from BSTS later.

Gbp vs Usd (Daily) - Preferably, I believed market in progress to perform subwave 2 either in white or magenta before expecting for a bearish continuation trend scenario once completed. Otherwise, please be careful for any breakout towards the upper green trendline.

Gbp vs Usd (Monthly) - Favourably, I'm looking for another major bearish trend either in yellow or magenta. Good luck.

At this moment, I'm looking forward for a strong breakout towards the lower yellow trendline to bolster towards the alt count in white scenario. Otherwise, please be careful for a breakout towards the upper green trendline and a possibility towards another bullish rally to perform a corrective wave e in magenta. Good luck.

Looking forward to trading out of this squeeze.

Usd vs Cad (Daily) - At this moment, I'm looking forward for a breakout towards the upper yellow trendline to bolster towards the major bullish reversal trend scenario perhaps to complete subwave 1 in C (yellow). Otherwise, please be careful for any pullback from the upper yellow trendline.

Eur vs Usd (Weekly) - At this moment, I believed market in progress to complete subwave v in 1 either in white or magenta before expecting for a bullish retracement trend to perform wave 2. Overall, I believed market already in progress to perform a major bearish reversal trend to complete major corrective wave C either in white or magenta alt counts. Good luck.

Money management. This is the trickiest pair to trade. Go to James 16 thread in commercial section and learn about price action. Then trade another instrument, say EUR/USD. Use the 3 w's - work work work. Then still leave it alone. It'll rip the shirt off your back. I rarely trade this pair but I used to when it was a carry trade pair. Still got creamed

Jebat what's going on? I know about GBP/JPY consolidating and care in the community but this is ridiculous.

From my personal point of view, I'm looking for a major bearish continuation trend. Happy trading.

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Gbp vs Jpy (1H) - Preferably, I'm looking forward for a breakout towards the S3 critical line either to complete subwave 3 in cyan or wave iii in white. Otherwise, please be careful for any bullish retracement trend or bounce scenario from the S3 critical line.

Aud vs Usd (Daily) - Favourably, I'm looking forward for a further bearish continuation trend scenario to complete subwave 1 in white. Please be careful for any bullish retracement trend scenario later to perform subwave 2 before we can expecting for another strong bearish continuation trend to complete subwave 3/C in white.

Usd vs Cad (Daily) - At this moment, the upper yellow trendline is still remains intact. Preferably, I'm looking forward for a breakout and further bullish continuation trend scenario to complete subwave 1 to bolster towards the bullish reversal trend scenario. Otherwise, please be careful for any pullback scenario. Happy weekends and good luck.

Gbp vs Jpy (1H) - At this moment, I'm looking for a "pullback" scenario either from the upper green trendline or the R3 critical line. Otherwise, please be careful for any strong breakout for another bullish rally scenario.

Usd vs Cad (Daily) - At this moment, I believed market in progress to complete wave 1. Preferably, I'm looking forward for a bearish retracement trend scenario to perform wave 2 before expecting for another strong bullish continuation trend scenario to perform wave 3.

Aud vs Usd (Daily) - I believed market in progress to complete subwave 1 in white. Therefore, please be careful for any possibility towards a bullish retracement trend to perform subwave 2 before expecting for a further bearish continuation trend to perform subwave 3 in C.

Eur vs Usd (Weekly) - At this moment, please be extra careful for any possibility towards a bullish retracement trend to perform subwave 2 (white or magenta) once subwave 1 is completed. Otherwise, we may see an extension scenario of subwave 1 . Good luck.

Gbp vs Jpy (Daily) - At this moment, price just bounce back from the major lower red trendline. Favourably, I'm looking forward for a breakout to bolster towards the major bearish continuation trend scenario. Otherwise, please be careful for any breakout towards the upper green trendline.

Eur vs Usd (Weekly) - At this moment, I'm looking forwards for any possibility towards a bullish retracement trend scenario perhap to perform a right shoulder of the H & S pattern refering to the subwave 2 either in white or magenta. Otherwise we may see an extension of subwave 1 scenario if the bearish continuation critical line 1 is taken.

Gbp vs Usd (Daily) - Preferably, I'm looking forward for a breakout towards the lower red trendline to perform subwave 3 either in yellow or magenta. Otherwise, please be careful for any breakout towards the upper yellow dotted trendline.

Usd vs Cad (Daily) - Preferably, I believed market will perform a bearish retracement trend scenario to perform subwave 2 in yellow. A "triple top" or later a "double top"bearish reversal pattern in 1H would bolster towards this scenario. Otherwise, please be careful for any possibility towards an extension of subwave 1. Happy weekend and good luck.

Gbp vs Jpy (Daily) - At this moment, I'm looking for a breakout towards the major lower red trendline to perform a bearish continuation trend scenario for subwave 3 either in white or magenta. Otherwise, please be careful for any strong bounce scenario perhaps to perform the corrective wave c in yellow.

Gbp vs Usd (Daily) - Please be noted that market already break the lower red trendline. Preferably, I'm looking forward for a further strong bearish continuation trend to perform subwave 3 either in yellow or magenta. Otherwise, please be careful for any "false breakout" or bounce scenario.

Eur vs Usd (Weekly) - Favourably, I'm looking forwards for a bounce scenario from the bearish continuation critical line 1 to perform a bullish retracement trend to complete subwave 2 in white. Otherwise, please be careful for another breakout towards the critical line perhaps to perform an extension of subwave 1.

Aud vs Usd (Daily) - Preferably, I believed subwave 1 will be completed soon and expecting for a bounce scenario from the bearish continuation critical line 1 to perform a bullish retracement trend to complete subwave 2 in white. Otherwise, we may see an extension of subwave 1 if the critical line is taken.

Usd vs Cad (Daily) - At this moment, I'm looking forward for a bearish retracement trend scenario to perform subwave 2 before expecting for another bullish rally to perform subwave 3 in yellow. But, please be careful for an "ascending triangle" bullish continuation pattern in 1H chart which we may see another bullish rally to complete subwave 5 in 1 (yellow). Otherwise, I believed market is already completed a truncated subwave 5 in 1 and expecting for a bearish retracement trend very soon within this week. Good luck.

At this moment, please be careful for any bounce scenario to perform a descending triangle pattern for corrective wave abcde in white. Otherwise, we may see a breakout towards the lower red trendline. Advisable to look for any opportunity towards a bearish entry from BSTS later before the announcement of the upcoming NFP this friday. Good luck.

Gbp vs Jpy (Weekly) - At this moment, I'm looking forward market to perform further bearish continuation trend perhaps to complete corrective subwave d (aqua) for a descending triangle bearish continuation pattern. Otherwise, please be careful for any breakout towards the upper trendline in 1H chart.

Usd vs Cad (Daily) - Preferably, I believed market will perform a further bearish retracement trend scenario to complete subwave 2 before expecting for another bullish continuation (reversal) trend to perform subwave 3 in yellow.

Aud vs Usd (Daily) - At this moment, I believed market in progress to complete the subwave 1 either in white or magenta. Therefore. I'm looking towards a bullish retracement trend scenario to perform a subwave 2 later. Please be careful for an extension fo subwave 1 in magenta.

Eur vs Usd (Weekly) - Preferably, I believed market will perform a bullish retracement trend to complete subwave 2 (white or magenta) later. A breakout towards the white critical line may indicate that we may see an extension of subwave 1 (magenta) first before expecting for a bullish retracement trend scenario. Good luck.

Gbp vs Jpy (Weekly) - At this moment, market already reached the lower yellow trendline. Favourably, I'm looking for a bounce scenario to complete subcorrective wave e (aqua) to complete the descending triangle bearish continuation pattern. But, please be careful towards any strong breakout towards the lower yellow trendline.

Gbp vs Usd (Daily) - Preferably, I believed market in progress to perfom subwave 3 either in magenta or yellow. But, please be careful for any bounce scenario 1st towards the bearish continuation critical line 2. Otherwise, we may see a strong breakout to perform the subwave 3 in C.

Eur vs Usd (Weekly) - Please be noted that the alt count in white is already invalid. Therefore, I believed market in progress to perform an extension of subwave 1 in C (magenta). Therefore, advisable to look for any bullish retracement entry from BSTS later by next week.

Aud vs Usd (Daily) - Due to the breakout towards the bearish continuation critical line 1, therefore I believed market in progress to complete an extension of subwave 1 in magenta. A strong bounce from the bearish continuation critical line 2 would bolster towards the bullish retracement trend scenario to peform subwave 2 in magenta. Otherwise, please be careful for another breakout towards the critical line.

Usd vs Cad (Daily) - At this moment, I believed market in progress to complete an extension of subwave 1 in yellow. Please be careful for a bull trap pattern. A double top pattern would bolster towards the bearish retracement trend scenario. Therefore, advisable to get ready for a bearish retracement trend scenario to perform subwave 2 later. Happy weekend and good luck.

Gbp vs Jpy (4H) - Preferably, I believed market just performed a "bearish trap scenario" and I'm expecting towards a bounce scenario to perform subcorrective wave e/2 in white. Otherwise, we may see another bearish continuation trend scenario refering to the alt count in magenta.

Gbp vs Jpy (Weekly) - I believed market will bounce first to complete subcorrective wave e in aqua 1st before another possibility towards a major bearish continuation trend scenario. Otherwsie, this count would be invalid if there is a strong breakout towards the lower yellow trendline.

Aud vs Usd (Daily) - Favourably, I believed market will perform a bullish retracement trend scenario to perform subwave 2 either in white or magenta before we can see towards another strong major bearish continuation trend scenario to complete a major corrective wave C.

Usd vs Cad (Daily) - I believed market will perform a bearish retracement trend scenario to perform subwave 2 in yellow before expecting for another strong bullish continuation trend scenario. Otherwise, please be careful for a breakout towards the bullish continuation critical line 1. Good luck.

Very important support zone for the pound/yen

At this moment, please analyse both alt counts either in white or magenta. Unless market break the S3 critical line, therefore I believed market will perform a bullish retracement trend scenario either to perform subwave iv in magenta or subcorrective wave a in white. Otherwise we may see an extension of either subwave iii or subwave v in magenta. Good luck.

Gbp vs Jpy (4H) - At this moment, I'm looking forward market to perform subcorrective wave a,b and c in e/2 refering to the alt count in white. Otherwise, if the white critical line is taken, then we may see a bearish continuation trend to complete subwave v in magenta.

Eur vs Usd (4H) - At this moment, I'm looking forward for a possibility towards a bullish retracement trend scenario to perform corrective a,b and c/2 in white. Otherwise, we may see another bearish continuation trend scenario refering to the alt count in magenta.

Eur vs Usd (Weekly) - Favourably, I believed market will have to perform a good bullish retracement trend 1st before we can expecting for another bearish continuation trend scenario refering to the alt count in white. Otherwise, please be careful for any breakout towards the bearish continuation critical line 1.

Gbp vs Usd (Daily) - At this moment, I'm looking forward for a possibility market to perform a subwave i, ii, iii, iv and v to perform an extension of wave 3 in yellow. Therefore, advisable to look for any opportunity towards a bearish entry from BSTS later once subwave ii (yellow) is completed.

Aud vs Usd (Daily) - Preferably, I believed market in progress to perform subwave 2 either in magenta or white. Advisable to look for a bearish continuation entry signal from BSTS later once subwave 2 is completed. Good luck.

At this moment, I'm looking forward market to perform a bullish retracement trend scenario eiher refering to the alt count in white or aqua. Otherwise, if the white critical line is taken then we may see a bearish continuation trend scenario to complete subwave v in magenta. I'm also would like to wish a Prosperous Happy Chinese New Year and happy holidays to all. Good luck.