GBPJPY Bullish Breakout – Watch for Momentum Towards 194.60GBPJPY has broken out of a descending wedge and is now retesting the breakout zone near 189.50–189.80. This area aligns with previous structure support and the wedge's upper boundary. Price action indicates bullish momentum is resuming.
🔑 Key Levels:
Current Price: 189.66
Breakout Level: ~189.50
About British Pound / Japanese Yen
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
GBPJPY Completed a Bullish Triangle PatternGBPJPY Completed a Bullish Triangle Pattern
A breakout from this triangle pattern signals strong bullish movement.
The expected price movement suggests two key targets—190.55 ; 191.30 and 193.20
Given the current price at 189.65, the upward projection implies bullish sentiment and increasing bu
GBPJPY is coming out of consolidation... With the decline of the dollar, the Japanese yen is gaining momentum and strengthening.
GBPJPY currency pair is under pressure from sellers.
The price is coming out of the triangle down, the continuation of the main downward movement is possible when the support at 188.23 is broken.
Scenario: Con
#GBPJPY: +916 Pips Swing Buy Opportunity! Comment Down Your ViewThe FX:GBPJPY price has moved nicely from 187 to 191, almost +400 pips. I expect a small correction, but then the bullish move should continue towards the 200 region. You can set a target based on your analysis or set it at 200, whichever works for you. Good luck and trade safely.
Good luck and tr
GBPJPY NEXT WEEK BULLISH OR BEARISH ??GBPJPY is setting up for a major breakout on the weekly timeframe. After weeks of consolidation under a clear descending trendline, price action is now approaching a decisive point where a bullish breakout could trigger a strong rally. With the current price holding firm at 191.00 and clear resistan
GBPJPY Reclaims 190 – Ready for 195?After breaking below the 188.00 support zone and testing 184.50 support, GBPJPY quickly reversed, signaling strong buying interest and a classic false breakdown.
Last week, the pair also reclaimed the key 190.00 level – an important technical and psychological area – showing clear strength and readi
GBP/JPY Bullish Flag (29.04.2025)The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long
GBPJPYCurrent Structure (GBP/JPY 30min):
4H Supply Zone at 191.600–191.760 → Price already rejected from there.
Minor 1H Demand Zone at current price (~191.167) → price is consolidating around it.
4H Demand Zone at 190.132–190.054 → your lower target zone.
EMA Setup: 9 EMA and 50 EMA are starting to "s
GBPJPY SHORT TERM SELL around 192.964GBPJPY is currently in an overall long trend, but remains highly volatile.
My Point of Interest (POI) is 192.964, based on the following:
1. It aligns with a daily short-term POI as of today.
2. It represents the 80% retracement level of the weekly range, which falls within the daily POI zone.
GBPJPY Buy Long , M 15 UnMitigated Demand with Liquidity# GBPJPY Market is verry bullesh In M15 structure is bullesh first *BOS* then *BOS* first BOS is un mitigated with proper Trendline Liquidity so we can BUY LONG with just few pips SL with Best pips of Profit
# GBPJPY : FXCM - M 15 UnMitigated Demand with Liquidity
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.