Pull back and continuationJPY has been significantly bullish, pushing other currencies to drop. Idea is to take a trade on the continuation to towards the further dump.
GBPJPY.100.CSM trade ideas
GBPJPY Is Very Bearish! Sell!
Take a look at our analysis for GBPJPY.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 189.489.
Taking into consideration the structure & trend analysis, I believe that the market will reach 188.370 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
GBP/JPY Short 28/02Price has pulled back into weekly highs, but respected the previous 4hr high. Price had broken below the 4hr support at 188.500 and made a new low. This bullish push seems to be a liquidity grab before further selling and I anticipate a new low to be made ending the week bearish. Yesterday's daily closed as a bearish rejection. Entries taken as price turned bearish near the previous high with stops above the previous high.
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
MY SELLING TOP DOWN ANALYSIS ON GBPJPYFX:GBPJPY MY bearish top down analysis on GBPJ.
Happy new week of trying again, im wishing each and everyone of us all the best of the week.
This is my Selling bias on GBPJPY, i tried adding much details as i can to show the reason to my
decision of selling GBPJPY. Pls watch and lets reason together.
SELL GBPJPYI am looking at this idea for GBPJPY. I would like to see price depreciate before the end of today especially that it is the end of the month. We should see a continuation of the sells which have been dominant.
GBPJPYThe chart shows the expected movement of GBPJPY. First, I anticipate the price to push up to 195.423 , as indicated by the white line. This represents a bullish move before the market reverses. Once GBPJPY reaches this resistance level, I expect the price to drop back down to the support zone at **184.50**, marked by the blue line.
The **184.50** level is a key support area where the price may react. If it reaches this level, there is a possibility of a bounce or consolidation before the next move.
GBPJPY SellGBPBJPY bearish on the 4hour and 15 min confirmation with lower high possible continuation.
GBP/JPY 30-Minute Chart Analysis (Feb 28 2025
**Key Observations:**
1. **Market Structure:**
- A **strong bearish move** recently broke below the **Previous Day Low (PDL)**.
- **Change of Character (ChOCH)** occurred at the lower levels, indicating a potential reversal attempt.
- Price has tapped into the **discount zone** and reacted sharply, suggesting some buying interest.
2. **Liquidity Areas:**
- **Previous Weak Low (PWL) & Discount Zone (Below 188.000)**: This zone acted as a liquidity grab.
- **Previous Day High (PDH ~190.000)**: A strong supply area that might be targeted if price reverses.
- **Premium Zone (~190.200 & Above)**: Heavy resistance exists here, meaning buyers would need strong momentum to push through.
3. **Current Price Action:**
- The price has **rejected from the discount zone**, which is a key demand area.
- The price is trading **below equilibrium**, meaning it's still in a discounted state.
- If buyers step in, we might see an attempt to reclaim equilibrium (~188.800-189.200).
*Probability-Based Scenarios:**
1. **Bullish Scenario (Rebound Towards Equilibrium or PDH)**
- **Probability: 55%**
- **Reasons:**
- Price reacted to the **discount zone**, showing some bullish interest.
- ChOCH signals a possible shift in momentum.
- If price **breaks and holds above 188.600**, it could move toward **equilibrium (~188.800-189.200)** or even **PDH (190.000)**.
2. **Bearish Scenario (Continuation Below PWL & Weak Low)**
- **Probability: 45%**
- **Reasons:**
- If price **fails to reclaim equilibrium**, sellers may push it back toward **weak lows (187.800 area)**.
- The market is still in a bearish trend, and this could just be a temporary retracement before another drop.
- If price **fails at 188.600**, a return to the demand zone is likely.
**Final Thoughts:**
- **Slightly higher probability for a bullish retracement (55%)**, but the trend remains bearish.
- **Key Confirmation Needed:**
- **Above 188.600:** Bullish move toward equilibrium.
- **Below 188.200:** Bearish continuation likely.
GJ | Still pushing downPrice is still trending down. I took a trade last night from the higher OB to the bottom of the range and it closed strong below the range. I will be looking for price to retrace back up into this 30M OB and will be watching lower time frame price action for confirmation to take it back down to the low. If price does not retrace back up that far and then continues to close below the current swing low, this trade will be invalidated.
GBP/JPY Surge: Buy Zone 188.95–189.75Hi Traders,
This trading idea is based on technical analysis. As shown below, GBP/JPY has broken above 189.755 (a key level breached hours ago), signaling strong bullish momentum and a potential short squeeze. This could drive the pair toward 191.347, 192.151, and 192.950.
Entry Zone: Consider buy orders between 188.957–189.755.
Stop Loss: Place at 188.164 to limit downside risk.
Monitor price action closely—breaching these levels may confirm upward acceleration
Bearish on GJPrice is clearly in a downtrend and it is retracing to a 1HR OB. Price never took out the low and created a lot of liquidity inside the large range. I am expecting price to drop from one of these 2 zones. I will be keeping an eye on lower time frame price action once price taps these zones.
GBPJPY LongI just took an entry at 188.43 stop at
187. TP has not been determined yet.
190.19 is a conservative TP. Let's see what happens at that once price reaches that level. We may see a continuation up to 197 area. Good luck have a great
weekend.
Gbpjpy 1h long entryI just took an entry at 188.43 stop at 187. TP has not been determined yet. 190.19 is a conservative TP. Let’s see what happens at that once price reaches that level. We may see a continuation up to 197 area. No need to over trade. Good luck have a great weekend.
GBP/JPY BUY ...hello friends
Considering the good growth we had, now that we are correcting the price, we can buy as a bridge and move with it until the specified goals.
Or if you are more professional, you can react on every step of support...
*Trade safely with us*
GBPJPY EXPECTED SELL SETUP ! GBPJPY is showing bearish signs, indicating a potential sell setup. The price is facing strong resistance and struggling to maintain bullish momentum, suggesting a possible downside move.
If sellers take control, we could see a drop toward key support zones. Confirmation signals such as bearish candlestick patterns, trendline rejection, or a breakdown of structure will strengthen the sell setup.
Traders should wait for clear entry confirmations and manage risk wisely. This setup offers a high-probability short opportunity! 📉🔥
Technical Analysis by Ali Khan
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
GBPJPY: Ready to Climb HigherGBPJPY had been consolidating in a sideways range for about a week before witnessing a strong bullish breakout today. This surge has turned the pair bullish.
On the 4-hour chart, the price successfully broke above a key resistance level within the range, supported by a strong momentum candle.
With this breakout, further upside movement is expected, with potential targets at 190.48 and 190.98.
GBPJPY: Time to Grow HigherGBPJPY had been trading in a sideways pattern for around a week before experiencing a bullish surge today. This upward movement caused the pair to become bullish.
The price successfully broke above a resistance level within the range on a 4-hour chart, with the help of a strong momentum candle.
As a result, we can anticipate further bullish movement in the near future, with potential targets at 190.48 and 190.98.
GBPJPY NEXT 190.665 BULLISH CANDLEHey there on 1HTF GBPJPY Possibly moving upside from our trend line zone will see now some back side and now our support zone is starts from 189.500 and will see to possibly reach our next target is 190.665
So if the trend line works properly and go on this way than we can see possibly again more upside continue
Thanks
GBPJPY capped by falling resistance at 191.16The GBPJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 191.16. An oversold rally from the current levels and a bearish rejection from the 191.16 level could target the downside support at 188.90 followed by 187.12 and 185.60 levels over the longer timeframe.
Alternatively, a confirmed breakout above 191.16 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 193.68 resistance followed by 194.70 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBPJPY SELL PROJECTION As we can see price broke out from the Uptrend and then reverse to the zone and is selling now. Trendline breakout+ pullback+ liquidity sweep+execution
