GBP/JPY - Triangle Breakout (12.06.2025)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline
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 at a Turning Point: Triple Top Signals Potential DeclineGBPJPY at a Turning Point: Triple Top Signals Potential Decline
Fundamental Analysis:
GBP is showing signs of weakness against the Japanese Yen following the latest UK employment data. The UK unemployment rate rose to 4.6% for the three months ending in April, while the Claimant Count Change inc
#GBPJPY: 600+ Pips Swing Move, JPY To Drop! GBPJPY has successfully rejected the area previously identified in our analysis of GJ. We had anticipated a price rejection and reversal with a strong bullish impulse, which has materialised. Following the positive candle close on Friday, we anticipate a continuation of the bullish trend and potenti
OANDA: GBPJPY Sell SetupBased on current price action, the market has approached a key resistance level, forming equal highs—a potential signal of liquidity buildup. Subsequently, a bearish rejection has emerged, suggesting a possible reversal to the downside. As history often repeats itself, there's a strong probability t
GBPJPY At the Top? Massive Liquidity Grab📈 1. Price Action & Key Technical Levels (Daily Chart)
Price reached a major supply zone between 196.0 and 197.0, showing clear rejection (weekly pin bar and a lower high structure relative to the previous peak).
The long-term descending trendline acted as resistance again.
A confirmed rising wedge
Lingrid | GBPJPY potential Extension after Bullish BreakoutOANDA:GBPJPY is consolidating just above the key support around 195.05 after bouncing from a higher low and failing to hold the recent breakout above PMH. The bullish structure remains intact within the upward channel, but the pair is currently lacking momentum. If price holds above 195.00 and form
GBPUSD reaches resistance zone: Watching for potential reversalOANDA:GBPJPY has reached a pretty significant resistance level, that has been an obvious turning point in the past, with several strong reversals from the area. So naturally, I’m watching to see how price reacts here again.
If we get confirmation of rejection (what I usually watch for: like a bear
DeGRAM | GBPJPY reached the resistance for the third time📊 Technical Analysis
● Price stalled in the 195.5-196.0 red resistance zone and printed a bearish engulfing (labelled “bearish take-over”) after repeatedly failing at the channel roof; the pattern completes a rising-wedge false break.
● Candle has slipped back under the mid-support band 194.0-194.
GBP-JPY Free Signal! Sell!
Hello,Traders!
GBP-JPY made a retest of
The strong horizontal resistance
Of 196.260 and the pair seems
To be locally overbought
So we will go short with
The Take Profit of 195.525
And the Stop Loss of 196.455
Sell!
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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.
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