GBP JPY Trade Idea Jan second weekGBP/JPY is currently in an uptrend on the weekly timeframe and is moving towards the liquidity zones around 197.5 and 198.9.
A buy entry has already been triggered, and there is a plan to scale in with another buy entry between the levels of 194.623 and 194.197.
For precise entry, use lower timeframes such as 15 minutes and 5 minutes to identify buy-side opportunities.
This idea is shared purely for educational purposes.
GBPJPY
GBP/JPY TRADE ALERT!
GBP/JPY TRADE ALERT!
Potential Trend Reversal Ahead!
Current External Trend: BULLISH
Do you agree with our Daily Time Frame Forecast?
Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS.
Get ready to trade!
Potential Trend Reversal Ahead!
Current External Trend: BULLISH
Do you agree with our Daily Time Frame Forecast?
Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS.
Get ready to trade!
GBPJPY TRADE IDEA : LONG | BUY (WB: 12/01/25)Price has been trending towards discount in this range. I believe that this is the range EVEN though there was no clear range because price SWEPT that low before reversing to the upside and creating equal highs.
With an RR of 2.4 I would put the SL on 188.080, with the first TP @ 197.150, the second @ 198.970 and the final @ 202.8 which potential of prices to go higher.
RR: 2.4
N.B.: This is not financial advice. Trade safely and with caution.
GBPJPY TRADE IDEA : LONG | BUY (W/B: 13/01/25)Price has been trending towards discount in this range. I believe that this is the range EVEN though there was no clear range because price SWEPT that low before reversing to the upside and creating equal highs.
With an RR of 2.4 I would put the SL on 188.080, with the first TP @ 197.150, the second @ 198.970 and the final @ 202.8 which potential of prices to go higher.
RR: 2.4
N.B.: This is not financial advice. Trade safely and with caution.
GBPJPY Will Go Up! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 192.558.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 193.417 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.
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GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame)
While the price is below the resistance 199.790, resumption of downtrend is expected.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
A peak is formed in daily chart at 198.945 on 12/30/2024, so more losses to support(s) 191.884, 189.477, 186.231 and minimum to Major Support (182.782) is expected.
Take Profits:
196.006
193.510
191.884
189.477
186.231
182.782
178.409
Total Profit: 2742 pip
Closed trade(s): 384 pip Profit
Open trade(s): 2358 pip Profit
Trade Setup:
We opened 8 SELL trades @ 196.68 based on 'Peak' entry method at 2024-12-30, signaled by DTO
Closed Profit:
TP1 @ 196.006 touched at 2024-12-31 with 67 pip Profit.
TP2 @ 193.510 touched at 2025-01-09 with 317 pip Profit.
67 + 317 = 384 pip
Open Profit:
Profit for one SELL trade is 196.68(open price) - 192.746(current price) = 393 pip
6 trade(s) still open, therefore total profit for open trade(s) is 393 x 6 = 2358 pip
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Gold is in the bullish direction after correcting the supportHello Traders
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#GBPJPY: 1170+ Massive Sell Opportunity! Get Ready For Big MoveDear Traders,
We have an excellent selling opportunity on GBPJPY, with over 1100+ selling move is likely to occur within next couple of weeks. Please use accurate risk management. For more chart related information read the chart carefully.
GBPJPY H1 | Eyeing a Bearish Continuation?Based on the H4 chart analysis, we can observe that the price is approaching our sell entry level at 194.89, which is a key overlap resistance near the 61.8% Fibonacci retracement. This level serves as a potential reversal point within the ongoing bearish trend.
Our take profit is at 193.86, just above a strong support level and the recent swing low.
The stop loss is set at 196.28, a pullback resistance level.
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GBPJPY Sell/Short SignalWhat I have been marking up for GBPJPY it appears to have pumped a few pips prior to stopping at its main shoulder of resistance. I have been watching key levels for take profits potential here of the levels 192.020, 188.006, and 183.762 for day trades and swing trades. Rejection levels of 199.853 and 198.881 has proven that we are facing a lower high trend rejection for a continuous downtrend for the next few months it potentially has here. I suggest to use proper risk management when entering the trade and to have your stop losses set at 30-50 pips depending where you entered in. You may close when you feel is best to do so on your own. Please message me if you have any questions about this trade! Thanks!
GBP/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
GBP/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 195.317 area.
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GBPJPY Signal : 1H / 4H Beautiful buy !!!GBPJPY ( 1H / 4H )
Market price : 194.00
Buy now : 194.00
Tp1 : 194.70
Tp2 : 195.40
Tp3: 197.00
Tp4 : 198.10
Sl : 193.30 ( 70 pip )
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ❤️
Remember this is a position that was found by me and it is a personal idea not a financial advice, you are responsible for your loss and gain.
GBPJPY ANALYSIS IS READY TO DOWN MUST READ THE CAPTION BELOW The chart provided shows the GBP/JPY (British Pound/Japanese Yen) trading pair on a 4-hour timeframe. Here’s the description and analysis based on the visual elements of the chart:
1. Resistance Level:
The red horizontal line around 199.522 indicates a strong resistance level. Price has attempted to break this level multiple times but failed, signaling a potential reversal area.
2. Support Levels:
The yellow horizontal lines at 193.975 and 191.522 are key support levels where the price may potentially bounce back after a downtrend.
3. Target Zone:
The blue-shaded area labeled Target Zone near 191.522 shows a predicted potential price target for the next bearish movement.
4. Cup and Handle Pattern:
A cup-shaped formation is visible on the chart, suggesting a bullish pattern, but the subsequent handle appears to indicate potential bearish consolidation or a rejection at the resistance.
5. Bearish Reversal Expectations:
The white arrows indicate anticipated bearish moves from the resistance zone (199.522) toward the support levels and eventually into the target zone.
6. Trend Lines:
Blue diagonal trendlines show the earlier bullish trend, but the formation of red arrows hints at a possible trend reversal into bearish territory.
Summary:
The GBP/JPY pair is currently testing the resistance at 199.522. If it fails to break this level, a downward movement is likely toward the support levels 193.975 and 191.522, with a bearish target around the 191.522 zone. Traders should watch for rejection at resistance and confirm bearish momentum before entering a sell position.
GBP/JPY "The Beast" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
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. 👀 Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
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 🛑: Using the 30min period, the recent / nearest low or high level.
Goal 🎯: 199.000
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 💰.
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Fundamental Outlook 📰🗞️
Based on the fundamental analysis, I would conclude that the GBP/JPY (British Pound/Japanese Yen) pair is: Bullish
Reasons:
Interest rate differential: The Bank of England's (BoE) interest rate (3.50%) is higher than the Bank of Japan's (BoJ) interest rate (0.10%), making the GBP more attractive to investors.
Economic growth: The UK's economy is expected to grow at a faster pace than Japan's, driven by the strong labor market and increasing business investment.
Brexit uncertainty: The UK's departure from the EU has created uncertainty, but the GBP has been resilient, and the BoE's hawkish stance is expected to support the currency.
Japanese economic slowdown: Japan's economy is expected to slow down, driven by the aging population and decreasing labor force, which could lead to a decline in the JPY.
Trade balance: The UK's trade balance is expected to remain in deficit, but the GBP is expected to be supported by the strong demand for UK assets, such as government bonds and stocks.
However, it's essential to consider the following risks:
Global economic slowdown: A slowdown in global economic growth could reduce demand for the GBP and drive down prices.
BoJ's monetary policy: The BoJ's dovish stance and potential monetary policy easing could support the JPY and drive down the GBP/JPY pair.
Trade tensions: Escalating trade tensions between the UK and EU could negatively impact the GBP and drive down prices.
Bullish Scenario:
Interest rate differential, economic growth, and Brexit uncertainty support the GBP
Japanese economic slowdown and trade balance support the bullish case
Key Fundamental Indicators:
UK GDP growth: 1.5% (2023 estimate)
Japan GDP growth: 0.5% (2023 estimate)
BoE interest rate: 3.50%
BoJ interest rate: 0.10%
UK trade balance: -£10 billion (2023 estimate)
Japan trade balance: ¥500 billion (2023 estimate)
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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.
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GBPJPY and GBPUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY showing signs of a potential DUMPRecent price action shows a consistent lower high formation, suggesting that the bulls are losing momentum
The next significant support comes in around 195.800 and a Further downside targets could push GBPJPY towards 195.000
Stay informed about any fundamental updates that could trigger sharp volatility, but based on the current setup, a bearish outlook on GBPJPY looks promising
GBPJPY ANALYSIS IS READY MOVE TO FLYThis chart shows an analysis of the GBP/JPY currency pair on a 4-hour time frame using Heikin Ashi candlesticks. The key points of the analysis are:
1. Support Zone: The black horizontal line indicates a strong support level around 197.90. Price has previously respected this level, and it is expected to serve as a base for an upward move.
2. Cup and Handle Pattern: The red curved outline suggests the formation of a potential "Cup and Handle" pattern, a bullish continuation setup. The price seems to have completed the "cup" phase and could now be moving towards the breakout phase.
3. Breakout Scenario:
If the price breaks above the current consolidation level, it could trigger a bullish rally.
The blue arrows represent possible price trajectories toward higher levels.
4. Target Zones (TP1, TP2, TP3):
TP1: Around the 200.000 level, which could act as the first profit-taking zone.
TP2: Around the 202.000 level, marking a secondary target for traders.
TP3: Around 204.000, the highest target zone for this analysis.
5. Bullish Outlook: The chart implies a potential bullish movement, with the price targeting higher zones if it breaks above the resistance level.
Traders should watch for confirmation of the breakout and consider stop-loss levels below the support zone to manage risk.