#GBPJPY: +250 Pips From Last Idea Expecting A Strong Bulls! The GBPJPY currency pair experienced a decline to the 190 area, which represents a discounted price range. Subsequently, the price reversed positively by approximately 250 pips. Our market analysis remains unchanged, and we anticipate that the price will continue to exert dominance.
It is possible that the price may experience a correction or a downward movement, as we anticipate the release of strong economic data this week. This data is likely to influence the future trajectory of the currency pair.
We encourage you to like and comment for further insights. Your support has been invaluable throughout our journey, and we sincerely hope that you achieve success in your own market endeavours.
Team Setupsfx_
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Gbpjpyanalysis
GBP/JPY Bearish Rejection – Short Trade Setup!🔹 Trendline Rejection ❌📈
Price tested the descending trendline and got rejected.
Bearish pressure increasing! 🚨
🔹 Resistance Zone (📍193.6 - 194.0) 🔵
Strong selling zone 📉
Stop Loss placed at 194.013 🚫
🔹 Support Zone (📍193.0) 🟦
Price might bounce here temporarily 🤔
If it breaks below, expect further drop 🚀📉
🔹 Target Level (📍192.311) 🎯
Bearish Target ✅
Ideal Take Profit 🏆
Trade Setup 💼
🔸 Entry: 📍193.5 - 193.6 📉
🔸 Stop Loss: ❌ 194.0 🚫
🔸 Take Profit: ✅ 192.3 🎯
Final Verdict: Sell Setup Active! 📉🔥
Watch for confirmation before entering! 👀🚀
GBPJPY Under Pressure: Potential Sell Opportunity.The GBPJPY pair has recently broken structure to the downside on the 4-hour timeframe, signaling bearish momentum. The pair is currently under significant selling pressure, with price action suggesting a potential continuation of the downtrend. Here's a deeper analysis of the situation:
Market Structure: The recent break of structure to the downside indicates that sellers are in control. The pair has failed to reclaim previous highs, reinforcing the bearish sentiment.
Key Levels:
Range High: The stop-loss level should be placed above the recent range high to manage risk effectively. This level acts as a key invalidation point for the bearish setup. 🚫
Range Low: The target is the previous range low, which aligns with a strong support zone. This level could act as a magnet for price, given the current bearish momentum. 🎯
Bearish Pressure: The pair is trading below key moving averages (e.g., 50 EMA and 200 EMA on the 4-hour chart), further confirming the bearish bias. Additionally, momentum indicators like RSI and MACD may show bearish divergence or oversold conditions, which could provide further confluence for the trade idea. 📊
Risk Management: As always, proper risk management is crucial. Ensure that the position size aligns with your trading plan, and avoid over-leveraging. 🔒
Fundamental Context: Keep an eye on any GBP or JPY-related news that could impact the pair, such as central bank decisions, economic data releases, or geopolitical developments. These factors could either accelerate or invalidate the current technical setup. 📰
Disclaimer ⚠️
This analysis is for educational and informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct your own research and consult with a financial professional before making any trading decisions. 📢
GBPJPY Q2 W14 1st April 2025 Outcome80% of lot size is now removed approaching the Tokyo highs of yesterday, in addition, I have opened the TP to allow it to run although I do foresee the turn around in price.
With that said, the edge played out as expected. Weekly & daily 50 Ema continues to provide a solid basis to begin the chart analysis. Moving forward, as I share my ideas, you shall indeed see a consistent approach with regards to the higher time frame 50 EMA.
FRGNT X
#GBPJPY: 681+ Pips Buying Chance from a Key Level. Dear Traders,
Since the Japanese Yen (JPY) experienced a significant decline in the market, prices have risen. This analysis examines two key areas: the complex bullish price behaviour and the rejection of prices at levels we are currently monitoring for potential entry. While this chart analysis serves as a secondary reference, it should complement your own trading strategies.
Best regards,
Team Setupsfx_
My Directional Bias on GBPJPY for the long run {29/03/2025}Educational Analysis says that GBPJPY may give countertrend opportunities from this range, according to my technical analysis.
Broker - FXCM
So, my analysis is based on a top-down approach from weekly to trend range to internal trend range.
So my analysis comprises of two structures: 1) Break of structure on weekly range and 2) External pushback to fill the remaining fair value gap
1) Break of structure on weekly range is down trend for the long run period of 10 years, may be it switch to new character or change its direction to bullish.
2) External pushback structure is the trading range where it trades on the smaller time frame,
On this structure range market on inside trading or smaller time frame is bullish towards fib of 1.618 and make turn to fill the fair value gaps of it.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
GBPJPY | APRIL 2025 FORECAST| Will GJ fly to the SKY?GBP/JPY has been riding strong volatility, reacting to both BOE and BOJ policy shifts. As we head into the new month, the pair is testing a critical resistance zone near , with momentum signaling a potential breakout or rejection.
🔹 Trend Analysis: The pair remains in a strong , with price respecting the as dynamic support/resistance.
🔹 Key Levels: Resistance at , support at . A break above could open the door to .
🔹 Technical Outlook: RSI divergence hints at possible exhaustion, while Fibonacci retracements suggest key reaction zones around .
Will GBP/JPY continue its bullish momentum, or are we looking at a deeper correction? Share your insights below! 📉📈 #GBPJPY #ForexForecast #MarketAnalysis
GBPJPY - Short Term Sell Idea Update!!!Hi Traders, on March 26th I shared this idea "GBPJPY - Expecting Bearish Continuation In The Short Term"
We expected to see retraces and further continuation lower. You can read the full post using the link above.
Retrace and push lower happened until it was blocked by a bullish divergence.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP/JPY: Fibonacci Levels Signal Possible Bullish ContinuationTechnical Analysis: GBP/JPY Bullish Continuation 📈
The GBP/JPY chart provided highlights a bullish trend continuation setup, supported by Fibonacci retracement levels. Here's a detailed breakdown:
📊 Fibonacci Levels in Play
The swing low to swing high has been plotted, revealing key retracement levels.
The price is currently near the 50% retracement level (194.326), a critical support zone in bullish trends.
The 61.8% retracement level (194.165), often called the "golden ratio," serves as a stronger support below this.
📈 Bullish Bias
The overall trend remains bullish, with higher highs and higher lows visible on the chart.
The corrective pullback to Fibonacci levels suggests a potential continuation of the upward momentum.
🎯 Target Projection
The arrow on the chart points to a projected move toward the 195.683 level, aligning with the -50% Fibonacci extension.
This target aligns with the bullish trend and indicates a potential breakout above the recent high.
🔍 Confluence and Confirmation
The price action shows signs of rejection at the 50% retracement level, indicating buyer interest.
A bullish candlestick pattern or increased volume near this zone would further confirm the upward move.
⚠️ Risk Management
The 61.8% level (194.165) is a key invalidation point. A break below this level could signal a deeper retracement toward the 78.6% level (193.937) or even the swing low.
This analysis is for informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct your own research and consult with a financial advisor before making trading decisions.
GBP/JPY – Breakout Incoming Hi Traders !, The price is forming an ascending triangle on the H1 chart. Watching for a breakout:
✅ Bullish if it breaks 194.92 with a pullback → Target 198.94.
❌ Bearish if it drops below 193.55 with confirmation → Target 187.35.
Waiting for volume validation , What do you think?
Disclaimer: This is not financial advice. Always do your own research and trade responsibly.
GBPJPY - Expecting Bearish Continuation In The Short TermM15 - Double uptrend line breakout
Lower Lows
Strong bearish momentum
Potential drop after retraces if the strong resistance zone will not be broken.
If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CAD JPY Trade Setup 1 hour timeframe CAD JPY Trade Setup 1 hour timeframe
Following last week's trade setup CAD JPY is moving in an uptrend making Higher Highs and Higher Lows, so we will keep looking for Buying opportunities.
CAD JPY is forming a bullish break and retest continuation pattern that also align with the 0.618-0.50 Fib Retracement level.
Lets wait for the price to pull back to the retest level then enter base off candlestick confirmation
GBPJPY at Key Resistance Level: Will it Drop To 192.000?OANDA:GBPJPY is currently trading at a key resistance zone, where sellers may regain control. This level has been a strong area of interest in the past, suggesting the potential for another bearish reaction if sellers step in.
If the price confirms rejection from this zone, a move lower toward 192.000 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions.
Let me know your thoughts or any additional insights you might have!
GBPJPY CONTINUATION?208 would be a optional target, but for better target is labeled on charts.
I bet the strong low being made at 180. so becareful on making decisions on your stop loss, I'm still asking about that strong low of 180. are all agree on this.?
This is only my view, but I bet this pair would continue to 219. 219 is my weekly charts view on longterm.
This is not a financial advice. what your thoughts on this? not a fan of this pair GJ.