GBP/JPY trading signals can make forex traders lots of pips on this volatile pair. Look at the example GBP/JPY trading signals below on the live indicator called The Forex Heatmap®. On this day in forex trading, the British Pound GBP was strong and and drove a lot of price movement for traders. The Japanese Yen JPY was also weak. This combination drove substantial price movement on the GBP/JPY in one trading session.
A clear and obvious buy signal on the GBP/JPY appeared on The Forex Heatmap® forex heatmap, and this pair moved up 300 pips in one trading session. This is what traders need and are looking for, strong movements and volatility. The GBP/JPY is inside some resistance levels on the higher time frames, but with signals this strong the pair moved right through the levels and broke out on the D1 time frame. Traders can scale out lots on any buy positions and start riding the D1 uptrend.
The live trading signal system you see below is The Forex Heatmap®, our live entry management system for 28 pairs, including all 14 GBP and JPY pairs shown below in the images. The second image is our free trend indicators, a system of exponential moving averages that we analyze daily across individual currencies with our forex market analysis spreadsheet.
GBP/JPY Trading Signals
GBP/JPY Trading Signals – Price Movement