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GBPJPY

Why GBPJPY is Bullish? Detailed Technicals and fundamentalsGBPJPY has successfully broken out of a falling wedge pattern, signaling a strong bullish momentum ahead. The breakout confirms a potential trend reversal, with buyers stepping in to push the price higher. Currently trading around 191.500, the pair is expected to gain over 500 pips, targeting the 198.500 level. A falling wedge breakout is typically a bullish continuation signal, and with increasing buying pressure, GBPJPY could see a steady upward move in the coming sessions. From a technical standpoint, this breakout suggests that the pair has overcome a period of consolidation and is now positioned for an extended rally. Key resistance levels ahead will be 193.000 and 195.000 before reaching the 198.500 target. A strong bullish candlestick confirmation above these levels will add more confidence to this setup. Traders should also watch for retests of the breakout zone, as they often provide good entry opportunities before further upside movement. On the fundamental side, GBPJPY is influenced by Bank of Japan’s (BoJ) ultra-loose monetary policy and the UK’s economic outlook. If the BoJ continues to maintain its dovish stance, the Japanese yen may weaken further, providing additional fuel for GBPJPY's bullish run. Additionally, any positive economic data from the UK, such as strong GDP growth or inflation control, could support further gains. Given the technical breakout and fundamental factors, GBPJPY looks well-positioned for a strong rally toward 198.500 in the near term.
Long
by AndrewsMarket-Mastery
1
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
Short
by syomking76418
GBPJPY is Holding above the Support , All Eyes on BuyingHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
2
GBPJPY Trade Ideahe GBP/JPY pared some of its gains after a massive jump yesterday. It hit an intraday high of 191.98 and is currently trading around 189.52. Intraday trend is bearish as long as resistance resistance 192 holds. The UK Manufacturing PMI in February 2025 was 46.9, improved from the flash reading of 46.4, but still showing a sharp contraction in the sector, the biggest since December 2023. Output has fallen for four months running, coupled with steep falls in employment and backlogs. Rising energy and raw materials prices have driven input cost inflation upwards, which has led to the largest factory gate price increase since April 2023. The sub-50 PMI reading reflects bearish implications for the Pound Sterling technical Analysis Points to Further Downside The GBP/JPY pair is trading below 34 and 55 EMA (Short-term) and 200 EMA (long-term on the 4-hour chart, confirming a bearish trend. Immediate resistance is at 190.35, a breach above this level targets of 190.64/191/192. Any close above 192 in the 4-hour chart confirms further bullishness. Downside support is at 188 with additional levels at 187.65/187.25/186/185. Market Indicators CCI (50)- Neutral Directional movement index - Neutral. It is recommended to sell on rallies around 190 with a stop-loss at 192 for a TP of 185.
Short
by adiechiii
GBP/JPY Analysis – Key Levels & Trade Scenarios📊 Timeframe: Weekly (1W) | Current Price: ~189.90 📉 Bearish Context: Resistance at 192.04: Strong supply zone (red rectangle) where price previously reversed. Aligned with moving averages (likely 50 & 100 periods), acting as dynamic resistance. Support at 184.63: Marked in blue as a significant demand zone. Historical reaction area, where buyers may step in again. 📉 Current Outlook: Price rejected 192.04, forming a bearish structure. Price currently consolidating below resistance, indicating weakness. If selling pressure continues, a move toward 184.63 is likely. 📈 Trade Setups: 🔻 Short (Bearish Bias): Entry: Below 189.50 with a bearish confirmation. Target 1: 186.00 Target 2: 184.63 Stop Loss: Above 192.00 to avoid fakeouts. 🔼 Long (Reversal Play): Entry: Strong bullish reaction from 184.63. Target: Retest of 192.04, with SL below 184.00. 📌 Final Thoughts: The bearish trend remains dominant unless 192.04 is broken. A clean break below 189.50 strengthens the bearish outlook. Macro factors and volatility could influence upcoming price action.
Short
by EdgeTradingJourney
1
GBP/JPY Tuesday Targets The chart provided is a 4-hour (H4) analysis of GBP/JPY (GJ), incorporating Fibonacci retracement levels, a projected bullish move, and potential daily targets. Below is a detailed breakdown with the inclusion of Fair Value Gaps (FVGs) and session theory for a more comprehensive outlook. --- Key Observations: Fibonacci Levels and Price Action: 1. Fibonacci Retracement Zone: - The 0.5 (190.420) and 0.618 (189.804) levels are highlighted as key retracement zones where price may pull back before continuing its upward trajectory. - Price is currently near 190.868, indicating it is within range to test these levels for support before a potential bullish continuation. 2. Projected Bullish Move: - A green arrow indicates an anticipated bullish move from the Fibonacci retracement zone toward the daily target at 193.059. - This projection suggests a higher low formation at the retracement zone, aligning with bullish market structure. Fair Value Gaps (FVGs): - FVG Identification: - The chart does not explicitly mark FVGs, but they can be inferred in areas where price has moved impulsively, leaving inefficiencies or untested zones. - A potential FVG exists between the 0.5 and 0.618 Fibonacci levels, where price may revisit to fill the imbalance before resuming its upward momentum. - Role of FVGs in the Setup: - The FVG within the retracement zone aligns with the expectation of a pullback to support levels, offering high-probability entry points for long positions. Session Theory: 1. Asian Session: - During the Asian session, price may consolidate or test the Fibonacci retracement zone as liquidity builds for the next move. - Watch for low volatility during this session, which could set up the pullback. 2. London Session: - The London session often brings increased volatility and directional moves. - A bullish breakout from the retracement zone could occur during this session, aligning with the projected upward move toward 193.059. 3. New York Session: - The New York session may provide additional momentum to extend the bullish move or retest breakout levels. - If price reaches near the daily target during this session, expect potential resistance or consolidation around 193.059.
Long
by BernerFX
GBP/JPY "The Beast" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/JPY "The Beast" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at (188.000) swing Trade Basis Using the 2H period, the recent / nearest low level. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 197.000 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: GBP/JPY "The Beast" Forex Market market is currently experiencing a bullish trend,., driven by several key factors. 💥Fundamental Analysis UK Economic Growth: The UK's economic growth has slowed down to 1.2% in the last quarter, due to the ongoing Brexit uncertainty. Japan Economic Growth: Japan's economic growth has remained steady at 0.5% in the last quarter, driven by the government's stimulus packages. Interest Rate Differential: The interest rate differential between the UK and Japan has widened, with the UK's interest rate at 4.25% and Japan's interest rate at -0.1%. 💥Macro Economics Inflation Rate: The UK's inflation rate has decreased to 2.5% in the last month, while Japan's inflation rate has remained steady at 0.5%. Unemployment Rate: The UK's unemployment rate has remained steady at 3.5%, while Japan's unemployment rate has decreased to 2.2%. Global Trade: The ongoing trade tensions between the US and China are expected to have a minimal impact on the GBP/JPY market. 💥Global Market Analysis Forex Market: The global forex market has experienced a moderate increase in volatility, with the GBP/JPY pair experiencing a 1.5% increase in the last 24 hours. Commodity Market: The global commodity market has experienced a moderate decrease, with oil prices decreasing by 1.2% in the last 24 hours. Stock Market: The global stock market has experienced a moderate increase, with the Nikkei 225 index increasing by 1.0% in the last 24 hours. 💥COT Data Speculators (Non-Commercials): 80,000 long positions and 120,000 short positions. Hedgers (Commercials): 120,000 long positions and 80,000 short positions. 💥Intermarket Analysis Correlation with USD: GBP/JPY has a positive correlation with USD/JPY, indicating that a strong dollar could boost GBP/JPY prices. Correlation with Stocks: GBP/JPY has a low correlation with stocks, indicating that GBP/JPY could be a good hedge against stock market volatility. 💥Quantitative Analysis Moving Averages: The 50-day moving average is at 185.000, and the 200-day moving average is at 180.000. Relative Strength Index (RSI): The RSI is at 60, indicating a bullish market sentiment. 💥Market Sentiment Analysis The overall sentiment for GBP/JPY is bullish, with a mix of positive and neutral predictions. 58% of client accounts are long on this market, indicating a bullish sentiment. 💥Positioning The long/short ratio for GBP/JPY is currently 1.4. The open interest for GBP/JPY is approximately 200,000 contracts. 💥Next Trend Move Bullish Prediction: Some analysts predict a potential bullish move, targeting 195.000 and 200.000, due to the interest rate differential and the weak yen. Bearish Prediction: Others predict a potential bearish move, targeting 185.000 and 180.000, due to the ongoing Brexit uncertainty and the strong pound. 💥Real-Time Market Feed As of the current time, GBP/JPY is trading at 191.000, with a 1.2% increase in the last 24 hours. 💥Future Prediction Short-Term: Bullish: 192.000-195.000, Bearish: 188.000-185.000 Medium-Term: Bullish: 200.000-205.000, Bearish: 180.000-175.000 Long-Term: Bullish: 210.000-220.000, Bearish: 160.000-150.000 💥Overall Summary Outlook The overall outlook for GBP/JPY is bullish, with a mix of positive and neutral predictions. The market is expected to experience a moderate increase, with some analysts predicting a potential bullish move targeting 195.000 - 200.000. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
3
GBPJPY Is Very Bearish! Short! Take a look at our analysis for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 190.747. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 186.982 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBP/JPY Multi-Timeframe Analysis & Probability Estimation **Timeframes Covered:** - **30-Minute (M30)** - **1-Hour (H1)** - **4-Hour (H4)** - **Daily (D1)** **Key Observations Across Timeframes:** **1. Market Structure & Trend Analysis:** - **Short-term:** (M30, H1) Price is trading near **equilibrium (~189.600 - 189.800)** with minor bullish structure. - **Mid-term:** (H4) Price is rejecting from a previous **liquidity zone**, but still inside a bearish structure. - **Long-term:** (D1) Overall, **GBPJPY is still bearish** with price bouncing from the **discount zone (188.000 - 187.500)** but failing to break above **key resistance (190.500 - 191.000).** **2. Supply & Demand Zones:** - **Premium Zone (~190.500 - 193.000):** Strong supply zone, price may reject if it reaches this level. - **Discount Zone (~187.500 - 186.500):** Strong demand zone where price recently found buyers. - **Equilibrium (~189.600 - 189.800):** Price is currently consolidating, meaning market is undecided. **3. Liquidity Areas & Key Levels:** - **Previous Daily High (PDH ~190.000) & Previous Weekly High (PWH ~192.000):** These levels may act as liquidity magnets. - **Previous Weekly Low (PWL ~187.500):** If price drops, this will be the next area of interest for liquidity. - **Weak High near 190.500:** If price struggles here, expect a reversal. --- **Probability-Based Scenarios:** **1. Bullish Scenario (Move Towards 190.500 - 192.000)** - **Probability: 50%** - **Reasons:** - Short-term bullish momentum (M30 & H1) suggests price might push toward the **premium zone (190.500 - 192.000).** - If price **breaks and holds above 189.800**, it could push higher. - Liquidity above **PDH (190.000) could be a target** before a potential rejection. **2. Bearish Scenario (Drop Below 188.500 Towards PWL)** - **Probability: 50%** - **Reasons:** - **H4 & D1 remain bearish**, meaning a continuation of the downtrend is still possible. - If price **fails to hold above 189.600**, expect a move lower towards **188.500 or even 187.500 (PWL).** - The **0.618 Fibonacci level (190.626) is acting as strong resistance.** **Final Thoughts & Trade Plan:** - **Market is currently in a neutral zone (50/50 probability)**, meaning it can go either way. - **Key Confirmation Levels:** - **Above 189.800:** Bullish towards **190.500 - 192.000**. - **Below 189.600:** Bearish towards **188.500 - 187.500**.
by wizzywise1
GBPJPY A Fall Expected! SELL! My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 189.95 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 189.26 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPJPY trend continuation?Next week, we can expect the continuation of the trend. The technical analysis is fully explained in the chart, but what needs to be watched are the fundamental reports: Manufacturing PMI on Monday, (impulsive move) Tuesday nothing (correction move) Services PMI on Wednesday, (impulsive move) Jobless Claims on Thursday, (impulsive move) and NFP along with Fed Chair Powell's speech on Friday. (impulsive move) We expecting high volatility during news events. Trade what you see, not what you think.
Short
by Monesta
GBPJPY Is Very Bearish! Sell! Take a look at our analysis for GBPJPY. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 189.489. Taking into consideration the structure & trend analysis, I believe that the market will reach 188.370 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
Short
by syomking76418
GBPJPY capped by falling resistance at 191.16The GBPJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 191.16. An oversold rally from the current levels and a bearish rejection from the 191.16 level could target the downside support at 188.90 followed by 187.12 and 185.60 levels over the longer timeframe. Alternatively, a confirmed breakout above 191.16 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 193.68 resistance followed by 194.70 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
USD/JPY : Another Bearish Move Ahead ? (READ CAPTION)The USD/JPY daily chart confirms that the price followed our analysis precisely, dropping from the expected zone and completing a 500+ pip correction, hitting all three targets: 152.70, 151.70, and 151, before reaching 148.00. I anticipate a short upward move before another potential decline. The next probable target for USD/JPY is 148.65. Keep an eye on price action for confirmation! THE LATEST ANALYSIS : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
13
DeGRAM | GBPJPY retest of dynamic supportGBPJPY is in a descending channel between the trend lines. The price is moving from the upper boundary of the channel, but it has already reached the dynamic support, which previously acted as a rebound point. On the 1W Timeframe, the chart is in the accumulation zone, which is characterized by the fact that volumes have increased and the pair is held in a certain trading zone. Before reaching the lower trend line, a harmonic pattern was formed, the potential of movement of which held under the 50% retracement level. We expect price growth after fixing above the mentioned retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
5