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GBP/JPY Mini

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GBPJPY.100.CSM trade ideas

Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
Short
by syomking76418
Why GBPJPY is Bullish? Detailed Technicals and fundamentalsGBPJPY has successfully broken out of a falling wedge pattern, signaling a strong bullish momentum ahead. The breakout confirms a potential trend reversal, with buyers stepping in to push the price higher. Currently trading around 191.500, the pair is expected to gain over 500 pips, targeting the 198.500 level. A falling wedge breakout is typically a bullish continuation signal, and with increasing buying pressure, GBPJPY could see a steady upward move in the coming sessions. From a technical standpoint, this breakout suggests that the pair has overcome a period of consolidation and is now positioned for an extended rally. Key resistance levels ahead will be 193.000 and 195.000 before reaching the 198.500 target. A strong bullish candlestick confirmation above these levels will add more confidence to this setup. Traders should also watch for retests of the breakout zone, as they often provide good entry opportunities before further upside movement. On the fundamental side, GBPJPY is influenced by Bank of Japan’s (BoJ) ultra-loose monetary policy and the UK’s economic outlook. If the BoJ continues to maintain its dovish stance, the Japanese yen may weaken further, providing additional fuel for GBPJPY's bullish run. Additionally, any positive economic data from the UK, such as strong GDP growth or inflation control, could support further gains. Given the technical breakout and fundamental factors, GBPJPY looks well-positioned for a strong rally toward 198.500 in the near term.
Long
by AndrewsMarket-Mastery
1
Smart Money Unicorn Setup Breakdown - Lord MEDZ1. Liquidity Sweep (Stop Hunt) The market started by sweeping liquidity during the London session, taking out the lows formed in the Asian session. This liquidity grab ensured that weak-handed traders were removed before a true move could be initiated. 2. Break of Structure (BOS) Following the liquidity sweep, we observed a strong break of structure to the upside, confirming a shift in market direction. This BOS indicated that Smart Money had absorbed sell-side orders and was now preparing to push price higher. 3. The Breaker Block Confirmation The price retested a Breaker Block, which acted as a high-probability area for entry. This breaker aligned with an area of unmitigated orders, confirming institutional interest at this level. 4. Fair Value Gap (FVG) Entry A clear Fair Value Gap (FVG) was present at the retracement, providing a discounted entry. The market efficiently filled the imbalance, which served as the optimal entry point for long positions. 5. Expansion & Target Zones New York Session momentum fueled the expansion move. The trade was closed at a strong premium, securing a solid Risk/Reward Ratio of 6.29. Final Notes ✅ Unicorn Setup Complete: Liquidity grab, BOS, Breaker retest, and FVG entry. ✅ Institutional Move Confirmed: Clean structure shift with high-volume expansion. ✅ Precision Execution: Entry aligned with FVG, securing max efficiency. 📈 Lesson: Smart Money Concepts (SMC) provide high-probability setups when all confluences align. This trade was a textbook SMC Unicorn Setup, demonstrating the power of liquidity, structure shifts, and imbalance fills. Profit Secured: Risk/Reward: 6.29 Execution Level: A+ Lord MEDZ 🔥
Education
by Skinwah
GBP/JPY Bullish Triangle BreakoutLooking at GBP/JPY 15-minute chart, we've identified a symmetrical triangle formation suggesting continuation of the recent bullish momentum. Trade Setup: BUY @ 191.80 (Triangle resistance breakout) SL: 191.50 (Below triangle support) TP1: 192.20 (Previous resistance) TP2: 192.50 (Key psychological level) Risk:Reward = 1:1.33 (TP1) and 1:2.33 (TP2) This setup offers a high-probability entry with limited downside. The pair has shown strong buying interest after rebounding from 188.00 area. Watch for a clean break above triangle resistance to confirm entry. Consider partial profit-taking at TP1 to secure gains while allowing remainder to reach extended target.
Long
by ShlomoYahbes
GBPJPY DECSEDING CHANNEL TREND 📉 GBP/JPY Trading Analysis – 4H Timeframe 📈 GBP/JPY has been consistently following a descending channel, showing bearish momentum. The current market price is 188.615, with potential for further movement. A key entry level is identified at 187.300, aligning with technical support. The target area is set at 191.100, reflecting potential bullish reversal. EMA 50 serves as a crucial dynamic resistance in the 4-hour timeframe. If the price retests 187.300, it could provide a strong buying opportunity. A break above the descending channel may signal trend reversal. Risk management is essential, with a stop loss placed below 187.000. Bullish confirmation will be stronger if candlestick patterns support upward movement. Market sentiment and fundamentals should also be considered. A breakout above EMA 50 could confirm a bullish trend shift. Price action near key resistance levels will determine further movement. If momentum weakens, consolidation may occur before further upside. Traders should monitor volume and volatility for confirmation. Patience and discipline are key for a successful trade execution. #GBPJPY #ForexTrading #TechnicalAnalysis
Long
by professionalman088
2
Why I Think GBPJPY Will Continue to Sell...Technical Analysis Hey Rich Friends, Happy Monday. I think GBPJPY will continue to sell this week. Here is what I am looking at: - The market is approaching a previous area of support. If it breaks below 188.830, there is a strong chance that it will continue to drop. This is a potential sell-stop entry. - The stochastic is facing down, the slow line (orange) is on top of the fast line (blue), and both lines have crossed below 20. These are strong bearish confirmations for me. - There is bearish confluence on higher time frames (4H, D1, W1) - I will be using a previous high for my stop loss, and previous lows as my TPs. Make sure you check the news and cross-reference your chart before copying trade ideas from anyone. Peace and Profits, Cha
Short
by MoneyMantraCha
GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed!### **📉 GBP/JPY Sell Setup – Inverse Cup & Handle Pattern Confirmed! 🚀** GBP/JPY is forming a **bearish inverse cup & handle pattern**, with **EMA50 confirming the downtrend**, making it a strong sell opportunity. 🔹 **Sell Entry:** **189.100** 🔹 **Stop Loss:** **189.700** (60 pips above entry) ### **📊 Take Profit Targets:** ✅ **TP1:** **188.700** (40 pips profit) ✅ **TP2:** **188.300** (80 pips profit) ✅ **TP3:** **187.900** (120 pips profit) ### **📌 Trade Management:** ✔ **Stick to SL & TP levels** to manage risk. ✔ **Secure profits** as price moves towards TP3. ✔ **Use proper position sizing** for risk management. 🔥 **Execute wisely & trade safely! 🚀📉**
Short
by elitetrader9090
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
Short
by syomking76418