GBP JPY setupPotentially two zones identified,simple supply demand,added confluence of OB and liquidity. Previous reject and sells 3.5RR
GBPJPY.100.CSM trade ideas
GBPJPY 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 H4 I Bullish Bounce Off?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 192.18, which is a pullback support.
Our take profit will be at 193.90, an overlap resistance close to the 61.8% Fibo retracement and the 78.6% Fibo projection, indicating a strong level of resistance.
The stop loss will be placed at 190.18, which is an overlap support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPJPY H1 ANALYSISGBP/JPY Analysis: Rising Wedge Pattern Detected
A rising wedge pattern has been identified on the GBP/JPY chart, indicating a potential reversal in the upward trend. This pattern suggests that the pair may experience a bearish breakout.
Key Levels:
- Resistance: 194.774
- Support: 191.500
Recommendation:
Caution is advised, as a bearish breakout may occur. Consider short-term sell positions or hedging strategies to mitigate potential losses.
Best Wishes Tom 😎
GBPJPY - Here's The Big ShortAfter unexpectedly high inflation figures from Japan, GBPJPY offers a chance for your big short:
On the daily chart, we see a clear rejection at the 50% Fibo retracement of the last downward move. From this we derive price targets at least in the area of the lows from September 2024 - a move of 1000 points!
I do not know whether this short will work. What is clear, however, is that the bears now have the upper hand again and the technical situation suggests that the lows will be approached.
GBPJPY - Buy StopA bullish divergence along with inverse head & shoulders pattern shows that the trend is nearing reversal, further breaking the previous lower high can confirm the trend reverse and we can take buy into the trade.
The bullish divergence shows the momentum of bullish is high.
GBPJPY Fade this top for a short move. Manage once in profitThis move is about to reverse. I don't know the exact top. But I will try for a fade, and scale in my fade. I will monitor once I am in the profit. Aim for a 2x RRR
TLDR: This is about to top off. Exact top is not known. None-the-less, I have a limit order to fade, for a quick move to the down side and take profit.
Lock in Break even to manage your stop loss.
GBPJPY, LONG 2-hour timeframe chartGBPJPY, 2-hour timeframe chart
General outlook
GBPJPY has been under buying pressure within the last couple of hours.
Now, the support level is located at 190.950.
Resistance levels are now located at 191.500 and 193.600.
If the pair rebounds from the resistance level, analysts recommend opening a Sell order with a take profit at the nearest support level. In case the breakout is confirmed, analysts suggest opening a Buy order.
GBPJPY: Bears Will Push Lower
The analysis of the GBPJPY chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
❤️ Please, support our work with like & comment! ❤️
GBPJPY Is in a Critical ZoneGBPJPY Is in a Critical Zone
Currently, GBPJPY is in a critical zone, with two possible scenarios emerging.
Next week, we have key rate decisions from both the Bank of England (BOE) and the Bank of Japan (BOJ). The BOE is expected to cut rates, while the BOJ is expected to increase rates.
From this perspective, GBPJPY should move down, not up. If the resistance zone holds, then GBPJPY should begin moving down as shown on the chart.
However, if GBPJPY moves above the pattern or surpasses 192.40, the price could rise further. The market may anticipate the BOJ to reverse their stance, which has a higher likelihood.
Thus, one movement is supported by fundamental perspectives, and the bullish movement is driven by speculation.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
GbpJypFundamentally Gbp has gained a lot over the recent days.
now technically, the daily TF broke a structure, and when you go lower wit moving averages, GbpJpy has a high probability of going up
GBPJPY BUY UPDATE!!!!!Good day, gang
1:1 has been achieved
Now let's aim for 1:2
Secure half of the profits and leave the rest to run to take profit
Gbpjpy long opportunityLong opportunity on GJ breakout from broadening wedge pattern target up to 194.000
GBPJPYexpecting shorts down back into 191.00, as i view this current push up as a possible trap for longs .
GBPJPY - LongGJ has broken out of a very strong descending parallel and with the breakout of previous Lower High, bullish divergence adding confluence, an upward momentum could be expected, therefore going Long on GBPJPY
GBPJPY BUY!!!!GJ sentimental is bullish today, and early morning it just grabbed liquidity of the Asian session low. Now, let take a long position
We first aim for 1:1 the 1:2 after securing some profits
GBPJPY SELL ZONE ALERT📉 GBPJPY Sell Alert 📉
💼 Action: Enter Sell
📍 Pair: GBPJPY
⚠️ Reminder: Always use proper risk management. Set your stop-loss and adjust lot sizes according to your equity.
Best of luck, Queen Family! 👑
GBPJPY ON A BUYAfter market got to the H4 fib level which confluences with a support level, we saw a Head and Shoulder reversal pattern confirming the retracement on the Higher time frame was over and it was time to go bullish. The break of the Head and Shoulder neckline was a greater confirmation. Entry for a buy will be at the completion of the ongoing retest which will be at the fib retracement level and the ascending trendline. A potential 1:5RRR.
Could the price reverse from here?GBP/JPY is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support.
Pivot: 193.43
1st Support: 191.15
1st Resistance: 194.64
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.
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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.
GBPJPY H4 | Bullish Momentum?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 192.14, which is a pullback support.
Our take profit will be at 193.90, a pullback resistance close to the 61.8% Fibo retracement and 78.6% Fibo projection, indicating a strong level of resistance.
The stop loss will be placed at 190.18, which is a pullback support level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBP/JPYBack Again Tell a Friend
Risk Management is EVERYTHING!
DON'T BE STUPID!
Looking for a 15m Bearish ChofCh
Once this change of Character completes
I will be looking for the retracement of the
move.
Once retracement is complete I shall
EXECUTE A SELL
Potential Gains 300 Pips
Potential Loss 26 Pips
London. Potentially New York
GJ forming a bearish setup Gbpjpy forming bearish setup from top of channel it's a third test from the top GJ will long term on bullish but short forming a bearish setup.
