📊GBP/JPY Price Action Update – April 25, 2025
🔹Current Price: 191.199
🔹Timeframe: 15M
📌Key Supply Zone (Resistance):
🔴192.000–192.400 – Major Intraday Supply Zone (expect rejection or reaction)
📌Key Demand Zone (Support):
🟢190.600–190.800 – Strong Demand Zone (previous bullish rally base)
📈Bullish Outlook:
Price is recovering from the 190.600–190.800 demand zone. A break above 191.400 could fuel further bullish momentum toward the 192.000–192.400 supply area. Watch for bullish continuation patterns.
📉Bearish Outlook:
If price faces resistance below 191.400 and fails to continue higher, a pullback toward the 190.800 zone is possible. Watch for strong rejection candles at key levels.
⚡Trade Setup Tip:
✅Buy on demand zone retests or bullish break above 191.400
✅Target partial profits near 192.000
✅Use tight SL below the latest bullish push for safe R:R
#GBPJPY #ForexTrading #SmartMoneyConcepts #PriceAction #SupplyAndDemand #BreakOfStructure #IntradaySetups #FXFOREVER #MarketUpdate #TechnicalAnalysis
🔹Current Price: 191.199
🔹Timeframe: 15M
📌Key Supply Zone (Resistance):
🔴192.000–192.400 – Major Intraday Supply Zone (expect rejection or reaction)
📌Key Demand Zone (Support):
🟢190.600–190.800 – Strong Demand Zone (previous bullish rally base)
📈Bullish Outlook:
Price is recovering from the 190.600–190.800 demand zone. A break above 191.400 could fuel further bullish momentum toward the 192.000–192.400 supply area. Watch for bullish continuation patterns.
📉Bearish Outlook:
If price faces resistance below 191.400 and fails to continue higher, a pullback toward the 190.800 zone is possible. Watch for strong rejection candles at key levels.
⚡Trade Setup Tip:
✅Buy on demand zone retests or bullish break above 191.400
✅Target partial profits near 192.000
✅Use tight SL below the latest bullish push for safe R:R
#GBPJPY #ForexTrading #SmartMoneyConcepts #PriceAction #SupplyAndDemand #BreakOfStructure #IntradaySetups #FXFOREVER #MarketUpdate #TechnicalAnalysis
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.