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Gbpjpyanalysis

GBPJPY Price ActionHello Traders, I hope you're all doing well! I wanted to share a quick market observation with you. On the 4H timeframe, I noticed that price entered the demand zone and swept the liquidity. After switching to the 1H and then the 30M timeframes, I observed a divergence forming. For those of you who trade based on divergences, this might be worth checking out. Personally, I prefer to focus on price action, and from what I see, there’s enough supply in the current zone. I believe it’s now time for demand to take over, which could lead to a reversal. If price starts moving, we might see a Rally Base Rally pattern forming. Keep a close eye on this setup, and as always, trade wisely. Wishing you all the best and happy trading! Cheers!
Long
by SuvashishFx
GBP/JPY Trade Setup – Supply & Demand Zones Smart Money ConceptAnalysis Overview The price is in a clear downtrend, forming lower highs and lower lows. A strong supply zone (red) around 190.514 acted as a resistance, leading to a sharp rejection and further downside movement. Key Levels: 🔴 Supply Zone: 189.800 - 190.500 (previous area of institutional sell orders) 🔵 Demand Zone: 188.000 - 188.300 (potential liquidity grab) 🟢 Entry Confirmation: A small consolidation before a bullish retracement. Trade Setup: Entry: Based on rejection from demand zone (188.000-188.300) Stop Loss: Below 188.018 (previous low) Take Profit: 190.514 (previous resistance) 📌 Market Bias: Bearish until price breaks above the supply zone. A retest of the demand zone could lead to a short-term bullish retracement before continuing the downtrend. ⚠️ Disclaimer: This is for educational purposes only. Trade with proper risk management! 🚀
Long
by naumanfx_
GBPJPY BEST INTRADAY SETUPThis analysis focuses on the GBP/JPY 1-hour chart, highlighting key supply and demand zones. Resistance Zone (191.600 - 192.000): If price retraces to this level, a rejection could lead to a further drop. Support Zone (190.200 - 190.400): Price is currently reacting to this area. A break below could trigger a deeper move. Major Demand Zone (189.500 - 189.700): If the current support fails, price may head toward this strong demand area, potentially providing a long opportunity. Possible Scenarios: Bullish Case : If price holds above 190.400 and breaks the 191.600 resistance, we could see an upward push. Bearish Case : A rejection from 191.600 or a break below 190.200 may lead to a drop toward 189.600. Stay cautious and watch price action confirmations before entering trades! 🚀
Long
by naumanfx_
7
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
4
GBP/JPY Breakdown Bears Take Control After Trend ReversalThis chart represents the British Pound to Japanese Yen currency pair on the two-hour timeframe. A clear breakdown from a previously established uptrend structure has triggered a short position. The trade setup is based on price action breaking below a key support level, confirming a shift in market sentiment toward bearish momentum. The short entry was taken after the price broke below the ascending trendline and retested the level as resistance. The stop-loss is positioned above the recent high to mitigate risks in case of an invalidation. The take-profit target is set near 188.311, aligning with a key demand zone and a possible area of price reaction. The trade exhibits a strong risk-to-reward ratio, ensuring a balanced approach to downside potential. With momentum favoring sellers, this setup remains valid as long as the price sustains below the broken support level. A clean follow-through to the downside would confirm further selling pressure.
Short
by wolfchemist
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: While the price is below the resistance 199.790, resumption of downtrend is expected. We make sure when the support at 182.782 breaks. If the resistance at 199.790 is broken, the short-term forecast -resumption of downtrend- will be invalid. 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: 3204 pip Closed trade(s): 1584 pip Profit Open trade(s): 1620 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. TP3 @ 191.884 touched at 2025-01-13 with 480 pip Profit. TP4 @ 189.477 touched at 2025-01-17 with 720 pip Profit. 67 + 317 + 480 + 720 = 1584 pip Open Profit: Profit for one SELL trade is 196.68(open price) - 192.632(current price) = 405 pip 4 trade(s) still open, therefore total profit for open trade(s) is 405 x 4 = 1620 pip __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Short
by ForecastCity
12
GBP/JPY Made H&S Pattern , And It`s Confirmed , Let`s Sell It We have a very clear head and shoulders pattern here and also the price closed below neckline , so we can wait the price to go back to retest neckline and give us a bearish price action and then we can enter a sell trade . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
1
GBP/JPY Tests Resistance Zone: Breakout or Rejection?GBP/JPY Analysis: Trendline Support: The price is forming higher lows (HL), with the trendline providing strong support, maintaining a bullish structure. Resistance Zone : A key resistance zone between 197 and 199.5 has caused multiple rejections (1, 2, 3), indicating a strong supply area. Next Move: If the price retests the resistance zone and faces rejection, it may form HL5 near the trendline before another potential breakout.
Long
by unichartz
GBPJPY am currently monitoring GBPJPY, as I believe the pair is poised for a bullish trend reversal. After observing recent price action, it seems that GBPJPY has reached a critical support level at 191.300, which has historically acted as a significant zone for potential price bounces. Given the strong market dynamics, I expect that this level will hold, setting the stage for a possible upward reversal. Looking ahead, my target for this potential bullish move is around the 194.700 level. This price target aligns with key resistance zones and recent market structure, suggesting that if the bullish reversal materializes, GBPJPY could make its way towards this area. Key factors I’m considering for this outlook include: Support at 191.300: This level has provided a solid base for the pair, and any break above this zone could signal further strength. Bullish Momentum: Indicators are beginning to show signs of upward momentum, which aligns with my expectation of a trend reversal. Market Sentiment: I’m closely watching overall market sentiment, especially as it pertains to GBP and JPY fundamentals, which could play a role in fueling the upside potential. I will be watching for confirmation of the reversal in price action, and I’ll look for higher highs and higher lows as the trend shifts. If the price begins to break key resistance points along the way, this will further validate the upward move toward 194.700. As always, risk management is key, and I will be watching for any signs of invalidation below 191.300, which could suggest a reassessment of the trade. Stay tuned for updates, and good luck to all traders!
Long
by The_fx_GreyTrader
GBPJPY Update: The Bulls Are in Full Control – What’s Next?What’s great, everyone! We’re back with another GBPJPY update, and it’s January 24, 2025. The market has been playing out exactly as we anticipated, and we’ve been capitalizing on every move with precision. If you’ve been following our breakdowns, you’ll remember that on January 17, we entered a long position at the 192.97 level. Some asked if this level would break, and I confidently said yes. Why? Because every retest of the 192.43 structure level held firm, showing strong buying interest. Once we got a confirmed break and close above 193.34 with volume, we knew the next leg higher was coming. Today, we took another long position after an H4 candle closure, targeting the highs at 194.69, which are well within reach. Beyond that, we’re eyeing the 198.10 and 198.85 levels as the market continues to respect the current range. As I always say, the market ranges 75-80% of the time, and knowing how to trade within these areas is key to consistent profits. Looking at the weekly chart, we see a powerful bullish candle forming with strong volume. If it closes this way, I’ll continue looking for buy opportunities up to the range highs. However, if we see weakness or a wick forming at the top, we’ll reassess. Key levels to watch: • Support: 192.43 (previous structure hold) • Targets: 194.69 (hit), 198.10, and 198.85 • Potential pullback areas: 194.00 for a re-entry opportunity As always, the market seeks liquidity, and our entries have been positioned strategically to capture these levels. If you haven’t seen the previous breakdowns, check them out to understand the full picture of this trade. If you’re enjoying these updates and want more in-depth breakdowns, make sure to boost the post, follow, and share with your fellow traders. Stay tuned for the next update as we continue to dominate GBPJPY! See you in the next one – peace!
Long
by BlueOceanFxAcademy
GBP/JPY "The Guppy" 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 Guppy" 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 📈 : Traders & Thieves with New Entry A bull trade can be initiated at any price level. 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 2H period, the recent / nearest low or high level. Goal 🎯: 198.500 (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 Outlook 📰🗞️ Based on the fundamental & macro analysis, I would expecting a bullish outlook for GBP/JPY "The Guppy" Forex Market Fundamental Analysis----- 1. Interest Rate Differential: The Bank of England (BoE) and the Bank of Japan (BoJ) have different interest rate policies. A higher interest rate differential between the two countries can make GBP/JPY more attractive to investors, potentially driving up the pair. 2. Inflation Rates: UK inflation rates have been relatively high compared to Japan. Higher inflation in the UK can lead to higher interest rates, making GBP/JPY more attractive. 3. Economic Growth: The UK's economic growth has been slower than expected, while Japan's economy has shown signs of improvement. A stronger Japanese economy can lead to a weaker GBP/JPY. 4. Trade Balance: The UK's trade balance has been in deficit, while Japan's trade balance has been in surplus. A worsening trade balance in the UK can lead to a weaker GBP/JPY. Macro Analysis----- 1. Global Risk Appetite: GBP/JPY is considered a risk pair, meaning it performs well when global risk appetite is high. A decrease in global risk appetite can lead to a weaker GBP/JPY. 2. Central Bank Policies: The BoJ's monetary policy has been more dovish than the BoE's. A more dovish BoJ can lead to a weaker JPY, making GBP/JPY more attractive. 3. Geopolitical Tensions: Geopolitical tensions, particularly between the US and North Korea, can lead to a safe-haven flow into JPY, weakening GBP/JPY. 4. Commodity Prices: Japan is a major importer of commodities, so higher commodity prices can lead to a weaker JPY, making GBP/JPY more attractive. Current Market Situation----- - The BoE has maintained a hawkish tone, while the BoJ has remained dovish. - UK inflation rates have been relatively high, while Japan's inflation rates have been low. - Global risk appetite has been decreasing due to trade tensions and geopolitical uncertainty. Bullish Factors----- - Higher interest rate differential between the UK and Japan - Stronger UK inflation rates - Weaker JPY due to the BoJ's dovish monetary policy Market Sentiment: Market Mood: The current market mood is cautiously bullish, with a slight bias towards buying the GBP/JPY pair. Speculative Positioning: According to the Commitment of Traders (CoT) report, large speculators (such as hedge funds and institutions) are net long the GBP/JPY pair, indicating a bullish bias. Market Trends: The GBP/JPY pair is currently trading in a range-bound market, with a slightly bullish trend. News and Events: Recent news and events, such as the UK's economic growth and Japan's economic stimulus, have been supportive of the GBP/JPY pair. Technical Indicators: Technical indicators, such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), are indicating a bullish trend. Disclaimer---Sentiment & Fundamental analysis is subjective and based on publicly available data. It should not be considered as investment advice. Trading forex involves risk, and you could lose some or all of your investment. Always do your own research and consider multiple sources before making a trade. 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 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. 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. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. 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
Long Setup GBPJPY👋Hello Traders, Our 🖥️ AI system detected that there is an H1 timeframe ICT Long setup in GBPJPY for session trade (a couple of Hours) Here is a session trade idea Sell limit order level for reference, TP and SL in pips Cancel limit order before any great news in Forex. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Long
by ICT_Trader_SB
GBP/JPY The Cup is Full, and the Handle is ReadyPattern Formation This chart presents a classic cup-and-handle pattern, signaling a bullish continuation setup. The "cup" reflects a rounded bottom, showing gradual recovery from bearish momentum, while the "handle" consolidates before a potential breakout. Key Levels 1. Resistance Turned Support (Neckline) The breakout level at 191.528 marks a critical horizontal resistance, now acting as support post-breakout. 2.Entry Point Entry was triggered above the neckline at 191.528, confirming the breakout with strong bullish momentum. 3. Stop Loss Placed at 189.230, below the handle's low, providing a buffer against invalidation of the setup. 4. Take Profit Positioned at 194.712, based on the measured move projection of the cup-and-handle pattern. Also make sure to close position by taking profit gradually and after first tp you book move SL to entry Risk-to-Reward (R:R) This trade offers a favorable R:R ratio of approximately 1:3, aligning with sound risk management principles. Technical Indicators Trendlines A prior descending trendline was invalidated, strengthening the bullish bias. Momentum The strong upward candles leading to the breakout signal buyer dominance. Trade Psychology The pattern represents market accumulation, as buyers steadily absorbed selling pressure. The breakout indicates renewed interest and potential continuation of the bullish trend. Market Context Given GBP/JPY's strong upward momentum and confirmation of the breakout, this setup aligns with both the technical pattern and prevailing trend. Disclaimer Ensure to monitor price action and adjust the trade plan if market conditions change. Always use proper risk management.
Long
by wolfchemist
1