Get started

GBPJPY

WHO LOVES A STRONG JPY ( YEN )BASKET FORECAST Q2 W22 Y25WHO LOVES A STRONG JPY ( YEN )BASKET FORECAST Q2 W22 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! ✅The JPY Basket tracks the overall strength of the JPY against a weighted average of other currencies. ✅It can be used as an indicator of YEN strength which can be a tool for analysing and potentially hedging for or against the Index. ✅ Pairs to watch - GBPJPY, USDJPY EURJPY, CADJPY, AUDJPY 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
FX:JPYBASKET
by JCFRGNT
GBPJPY - Bullish Breakout Likely The GBP/JPY 4-hour chart shows a strong bullish trend that propelled the pair from 190.50 support in early May to peaks near 196.50, followed by a healthy consolidation phase around the 192.00-194.00 range. This sideways price action has allowed momentum to reset while maintaining the underlying upward structure, with the pair successfully holding above key support at 192.00. The current positioning near the upper boundary of the consolidation range, combined with signs of renewed buying interest, suggests the correction is nearing completion. The technical setup favors a bullish breakout, with the higher probability scenario pointing toward a resumption of the uptrend targeting the previous high around 196.50 and potentially extending toward the 197.00 resistance zone. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by financialflagship
GBPJPY: Weekly overview + Significant zonesHello dear traders, The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones. These points can also be confirmed by the mathematical intervals of Murray. After reacting to the following zones, you can enter the trade. Place the stop loss slightly above/below the zone to which the reaction was shown. The profit point is the next zone. The drawn channels and their medians can also be considered as moving support and resistance. I usually use them as target points. I've doubled the short-term channel because it was so thin ;-). * I don't use 189.663 zone to take short! There are too many moving S&R around it. This analysis is valid until the end of the week. ************************************** Important news that could change the direction of the trade: Wed: Great Britain CPI of April.
Long
by AliSignals
GBPJPY Channel Down making a Lower High rejectionThe GBPJPY pair rose aggressively since the last time we gave our buy signal (April 11, see chart below), quickly hitting our conservative 109.250 Target: The price has since made a Lower High rejection at the top of the Channel Down but remains supported by the 1D MA50 (blue trend-line). Once broken and it closes a 1D candle below it, we will have bearish break-out signal. Our Targe will be 185.250, which will be the standard -5.85% decline that all 3 previous Bearish Legs had within the Channel Down. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
3
GBPJPY Is Very Bullish! Long! Please, check our technical outlook for GBPJPY. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 192.683. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 194.257 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPJPY SELL Analysis Idea!!!!⸻ Pair: GBPJPY Timeframe: 1 Hour (1H) Bias: Bearish (Sell Setup) ⸻ Technical Analysis: 1. Price Structure & Market Context: • The chart shows a clear downtrend from the previous swing high near 196.000. • Price has since formed a lower high within the red supply zone, reinforcing bearish pressure. • Several liquidity grabs and rejections are visible near the red supply zone, indicating sellers are defending this level aggressively. 2. Key Zones & Levels: • Supply Zone (Red Area): 193.243–193.594 — significant selling pressure observed. • Buyers Above Zone: Price has failed to sustain above 193.243 despite attempts, confirming bearish strength. • Break of Structure (BOS): At 192.824, confirming bearish momentum. • Support Zones (Green Areas): • First target area: 192.307 • Second target area: 191.272 — potential extended target if momentum continues downward. 3. Entry & Confirmation: • Current Price: 193.168 • Price is rejecting the supply zone and failing to break above the 193.243 resistance line. • Confirmation of sell setup co mes from: • Bearish rejections at supply • Price forming a lower high (193.100 HL level) • BOS and retest pattern playing out 4. Trade Plan (Sell Idea): • Sell Entry: Between 193.150–193.243 (rejection zone) • Stop Loss: Above 193.594 (invalidate the supply zone rejection) • Take Profit 1 (TP1): 192.307 • Take Profit 2 (TP2): 191.272 (extended target) ⸻ Confluence Factors: • Price is respecting supply zone. • Repeated bearish rejections and liquidity sweeps above key levels. • BOS supports shift in structure to bearish. ⸻ Conclusion: GBPJPY is showing strong signs of bearish control, with multiple rejections from the supply zone and a BOS indicating momentum shift. A sell from the current levels offers a good risk-to-reward setup, targeting the support zones below.
Short
by DBFXTrader
Bearish drop off pullback resistance?GBP/JPY is rising towards the pivot and could drop to the 1st support, which is a pullback support. Pivot: 193.76 1st Support: 191.56 1st Resistance: 194.80 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
5
GBP/JPY Holds Key Support as Bullish Momentum BuildsA bullish setup has emerged on GBP/JPY, with recent price action suggesting bullish momentum is building. With GBP strengthening against USD, GBP/JPY may present a higher-probability bullish scenario compared to USD/JPY in the near term (though this also looks bullish to my eyes over the near term). GBP/JPY held above key moving averages midweek. GBP/JPY failed to close below its 200-day SMA on both Wednesday and Thursday, while yesterday’s session also respected support at the 50-day EMA and the 192.00 handle. Momentum indicators support the bullish case, with the daily RSI trading above 50 after rebounding from its most oversold level in six weeks. As long as prices hold above Thursday’s low, bulls may look for a retest of the cycle highs near 196.00. ** Please note that Japan's CPI data drops in >30 minutes ** Matt Simpson, Market Analyst at City Index and Forex.com
Long
by CityIndex
GBPJPY Technical Analysis! BUY! My dear followers, I analysed this chart on GBPJPY and concluded the following: The market is trading on 193.04 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 193.32 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
GBPJPY What Next? SELL! My dear friends, Please, find my technical outlook for GBPJPY below: The instrument tests an important psychological level 193.17 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 192.71 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
USDJPY BULLISH OR BEARISH DETAILED ANALYSISUSDJPY is trading around the 143.00 level, and we’re now closely eyeing a potential breakdown. After a prolonged uptrend driven by policy divergence between the Fed and the BoJ, the pair appears to be losing bullish momentum. Structurally, the pair has formed a lower high, and sellers are starting to step in near resistance. A clean break below the 142.00–141.50 zone could open the path toward my downside target at 135.00. On the fundamental side, recent data suggests a shift in sentiment. The US dollar is under pressure as markets increasingly price in a Fed pause or even rate cuts by the end of the year, following soft retail sales and labor market figures. Meanwhile, the Japanese yen is gaining ground amid rising speculation that the Bank of Japan could adjust its ultra-loose policy sooner than expected. The BoJ’s recent bond purchase tapering and Governor Ueda's hints at tightening are starting to shift market flows back toward the yen. Technically, USDJPY is at a critical juncture. The pair is testing a key trendline support that has held for months, but price action is showing signs of exhaustion. Volume is thinning on the rallies, and bearish divergence is visible on multiple indicators, including RSI and MACD. If the pair breaks below the current structure, we could see accelerated downside action toward the 135.00 target, which aligns with previous consolidation zones and fib retracement levels. This setup offers a strong short opportunity with clear invalidation and solid risk-to-reward potential. The macro narrative is shifting in favor of the yen, and technicals are lining up with this view. I’ll be watching the coming sessions for confirmation of breakdown and potential entries. This could be the start of a broader correction after a strong bullish cycle.
Short
by AndrewsMarket-Mastery
3
Falling towards 38.2% Fibonacci support?GBP/JPY is falling towards the pivot and could bounce to the 1st, pullback resistance. Pivot: 191.56 1st Support: 190.35 1st Resistance: 193.65 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
GBPJPY Will Move Higher! Long! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 192.740. The above observations make me that the market will inevitably achieve 197.573 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPJPYHello traders, There’s currently a solid Sell opportunity on GBPJPY. I’ve already entered this trade, and if the price moves into drawdown, I’ll apply my Smart Pullback Entry model to scale up the position with a higher lot size. 🔍 Trade Details: ✔️ Timeframe: 15-Minute ✔️ Risk-to-Reward Ratio: 1:1.50 ✔️ Trade Direction: Sell ✔️ Entry Price: 193.199 ✔️ Take Profit: 192.908 ✔️ Stop Loss: 193.393 🔔 Disclaimer: This is not financial advice. I’m sharing a trade I’m personally taking based on my own strategy, strictly for educational purposes. 📌 Interested in a more systematic and data-driven approach to trading? 💡 Follow the page and turn on notifications to stay updated with future setups and detailed market insights.
Short
by Nurlan_PT
GBPJPY H4 XABCD Short from PRZ/D TP1/TP2 Swing Trade🔸Hello traders, let's review the 4 hour chart for GBPJPY. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D. 🔸Speculative XABCD structure defined by point X 198 point A 188 point B 194.60 point C 185.80 point D/PRZ 197.40/80 still pending. 🔸Currently most points validated, point D/PRZ still pending 197.40/80, so traders should wait until we hit D before SHORTING. 🔸Recommended strategy for GJ traders: wait for price to max out to complete at point D near 197.40/80, short/hold, SL 80 pips, TP1 190.00 TP2 185.00. SHORT/HOLD at point D/PRZ at 197.40/80. swing trade setup. keep in mind this is a swing trade setup, patience required. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
35
GBPJPY Trap & Reversal | Smart Money Loading from OB Zone!We’re analyzing a high-probability bullish reversal setup forming on GBPJPY 1H, built on clean SMC logic. Here’s how this trade is setting up: 🔄 Market Structure: Prior bearish move into a reversal area Equal highs (liquidity built up) Clean sweep below short-term lows ➝ Liquidity grab ✅ Price now reacting from a defined Order Block zone 🧱 Order Block Zone: Purple OB zone marked at 192.753–192.118 This zone is resting between 61.8% and 70.50% fib levels – high confluence 🔥 💸 Liquidity Levels in Play: Sell-side liquidity already swept Buy-side liquidity sitting above the recent highs @ 196.413 (target zone) 🚀 Entry Plan: Entry Point: Reacting from OB near 192.753 Stop Loss: Below the strong low (192.118) TP Zone: 196.413 = Buy side liquidity ➝ Weak High marked for potential sweep 🧮 RRR (Risk-to-Reward): Massive potential ➝ Approx 1:8+ RRR This is the kind of setup institutions dream of. 🚀 📈 Key Confluences: Equal highs = liquidity magnet OB sitting at golden zone Strong low protecting entry Institutional pattern: Sweep ➝ OB reaction ➝ expansion 📉 Watch for Pullback/Entry Reconfirmation: Price may tap deeper into the OB before expanding Wait for bullish momentum confirmation (CHoCH on 15M or 30M TF = better entry sniper style) 📢 Pro Tip (Trader Mindset): This setup screams “liquidity engineering”. Retail traders shorted the lower high; Smart Money is about to flip the script. Be the shark, not the fish 🦈
Long
by ChartNinjas88