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GBPJPY trade ideas

GBPJPY: Potential Inverse Head and Shoulders PatternGBPJPY: Potential Inverse Head and Shoulders Pattern GBPJPY is showing the possibility of forming a potential Inverse Head and Shoulders Pattern. The fundamental situation related to the Bank of Japan (BOJ) remains a bit confusing. Government data released on Friday indicated that Japan's consumer prices are on track toward the BOJ's goal of achieving stable 2% inflation. However, this data wasn't strong enough to push the BOJ to rush into the next interest-rate hike, according to market analysts. If GBPJPY continues its current bullish movement, a very strong resistance zone will be found near 191.90. A movement above this area will definitely confirm our pattern, and GBPJPY may continue to rise further to 194.30 and 197.80 in the coming days. 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❤️ Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by KlejdiCuni
12
GBP/JPY Triangle Pattern (14.2.25)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle 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 Of The Pattern. Target Levels: 1st Support – 189.83 2nd Support – 188.42 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
15
GBP/JPY - Triangle Breakout (Weekly Forecast Feb 24-28)The GBP/JPY Pair on the H4 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 Of The Pattern. Target Levels: 1st Support – 185.04 2nd Support – 182.94 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
8
GBPJPY AnalysisGBPJPY Analysis and Trade Setup GBP/JPY is currently testing a historically significant resistance level that has repeatedly acted as a barrier to price advancement. Given the strength of this resistance zone, it is reasonable to anticipate a potential rejection or pullback. Historically, such levels often prompt a reversal, particularly after a retest of the structure, which could further confirm the resistance's validity. The likelihood of a rejection at this level is supported by the principles of technical analysis, as repeated tests of a resistance level tend to reinforce its significance. In summary, while the current setup suggests a potential pullback from the resistance level, traders should remain cautious and monitor key technical and fundamental factors,
Short
by sirkamal
9
GBPJPY H4 I Bullish Bounce Off the 61.8%?Based on the H4 chart analysis, we can see that the price is currently at our buy entry at 189.33, which is a pullback support that aligns with the 61.8% Fibonacci resistance. Our take profit will be at 190.69, which is a pullback resistance. The stop loss will be placed at 188.11, below the 78.6% Fibonacci retracement. 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 (fxcm.com/uk): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/eu): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% 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 (fxcm.com/au): 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 fxcm.com/au Stratos Global LLC (fxcm.com/markets): 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.
Long
by FXCM
3
Lingrid | GBPJPY short Opportunity from CONFLUENCE ZoneFX:GBPJPY market made an impulsive leg followed by a pullback. The price broke and closed below the 191,000 level before pulling back to retest it. Subsequently, the price broke above the previous day's high but formed a double top in this area. On the 4H timeframe, we can observe a long-tailed bar, indicating rejection at this level. I anticipate that the price will continue to move downward, retesting the recent support level, and I expect the weekly candle to close as a full-body bearish candle. My goal is support zone around 189.000 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
9
GBPJPY: "Is it the right time to take a sell position?"Let's analyze the GBP/JPY chart and find some opportunities to make a profit. Daily timeframe: As you can see, the chart price has been in a range zone since September 24. In the last few weeks, the price has made lower highs and lower lows. On the daily timeframe, the price broke 189.293 once on February 6. The pullback wave became weak according to the candlestick patterns 4H timeframe: The PRZ zone is marked on the chart with a light green rectangle. The Daily Pivots Standard is marked with the orange horizontal ray. You can draw a bearish trendline on the 4H timeframe if you trade with trendlines. I usually trade with higher highs in bullish trends and lower lows in bearish trends. So, I'm going to wait for the price to break the support line to enter my position. 190.748 could be a key level to enter a sell position.
Short
by ESsmaeel
4
GBP/JPY "The Guppy" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Thieves, 🤑 💰🐱‍👤🐱‍🏍 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/JPY "The Guppy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits wealthy and safe trade.💪🏆🎉 Entry 📈 : "The heist is on! Buy above (193.000) then make your move - Bullish profits await!" however I advise placing Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Thief SL placed at the recent / nearest low level Using the 2H timeframe (190.000) swing trade basis. SL is based on your risk of the trade, lot size and how many multiple orders you have to take. Target 🎯: 1st Target - 197.000 (or) Escape Before the Target Final Target - 202.000 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. 📰🗞️Fundamental, Macro, COT, Sentimental Outlook: 🎇GBP/JPY "The Guppy" Forex Market is currently experiencing a bullish trend,., driven by several key factors. ⭐Market Overview Current Price: 191.300 30-Day High: 195.500 30-Day Low: 185.000 30-Day Average: 190.000 Previous Close Price: 191.000 Change: 0.300 Percent Change: 0.16% ⭐Fundamental Analysis Economic Indicators: The UK's GDP growth rate is expected to slow down to 1.4% in 2025, while Japan's GDP growth rate is expected to remain steady at 1.2%. Monetary Policy: The Bank of England is expected to maintain its interest rates at 0.1% in 2025, while the Bank of Japan is expected to maintain its interest rates at -0.1%. Trade Balance: The UK's trade balance is expected to remain in deficit, while Japan's trade balance is expected to remain in surplus. Inflation Rate: The UK's inflation rate is expected to rise to 2.5% in 2025, while Japan's inflation rate is expected to remain steady at 1.5%. ⭐Macro Economics Global Economic Trends: The ongoing global economic recovery is expected to drive up demand for the GBP, driven by increasing investor confidence. Inflation Rate: Global inflation is expected to rise to 3.8% in 2025, potentially increasing demand for the GBP as a hedge against inflation. Interest Rates: Central banks are expected to maintain low interest rates in 2025, potentially increasing demand for the GBP. Commodity Prices: Commodity prices are expected to rise by 5% in 2025, driven by increasing demand for raw materials. ⭐COT Data Non-Commercial Traders (Institutional): Net Long Positions: 55% Open Interest: 100,000 contracts Commercial Traders (Companies): Net Short Positions: 35% Open Interest: 50,000 contracts Non-Reportable Traders (Small Traders): Net Long Positions: 10% Open Interest: 10,000 contracts COT Ratio: 1.6 (indicating a bullish trend) ⭐Sentimental Outlook Institutional Sentiment: 60% bullish, 40% bearish. Retail Sentiment: 55% bullish, 45% bearish. Market Mood: The overall market mood is bullish, with a sentiment score of +40. ⭐Technical Analysis Trend: The GBP/JPY pair is experiencing a strong downtrend, with the market respecting the 20-period Weighted Moving Average (WMA) as dynamic resistance Key Levels: Support Zone: 187.500 - 187.334, Resistance Zones: 188.414 & 190.021 - 190.313 Target: 189.87, with a potential further decline to 186.2 ⭐Next Move Prediction Bullish Move: Potential upside to 195.000-197.000. Target: 197.000 (primary target), 202.000 (secondary target) Next Swing Target: 202.000 (potential swing high) Stop Loss: 185.000 (below the 30-day low) Risk-Reward Ratio: 1:2 (potential profit of 5.700 vs potential loss of 2.850) ⭐Future Data Summary 1-Day: -0.03% 5-Days: 0.80% 1-Month: 0.68% 6-Months: 0.55% Year-to-Date: -2.84% 1-Year: 1.04% 5-Years: 33.90% ⭐Overall Outlook The overall outlook for GBP/JPY is bullish, driven by a combination of fundamental, technical, and sentimental factors. The expected increase in global economic growth, growing demand for the GBP, and bullish market sentiment are all supporting the bullish trend. However, investors should remain cautious of potential downside risks, including changes in global economic trends and unexpected regulatory developments. ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. 📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
5
Gbpjpy As predicted, has all the imbalances filled ? Are we already melting ? Share your insight Fundamental Analysis: Monetary Policies: The Bank of England (BoE) and the Bank of Japan (BoJ) maintain divergent monetary stances. The BoE's relatively hawkish approach contrasts with the BoJ's continued ultra-loose policy, which traditionally supports GBP strength against JPY. Economic Indicators: Recent data indicates a contraction in UK retail sales by 6.9% in September 2022, reflecting economic challenges. In contrast, Japan's National Consumer Price Index (CPI) for March showed a modest increase of 0.2% monthly, with a 0.2% annualized decrease, suggesting persistent deflationary pressures. Market Sentiment: The GBP/JPY pair is sensitive to global risk sentiment. Increased market volatility or geopolitical tensions often lead investors to seek safe-haven assets like the JPY, potentially exerting downward pressure on the pair. Conversely, improved global economic outlooks may favor GBP appreciation.
Short
by Richard_Tsupane
4
GBPJPY TRADE IDEA FOR MONDAY📉 GBP/JPY - Bearish Setup Analysis 🔹 Pair: GBP/JPY (1H Timeframe) 🔹 Bias: Bearish 📉 🔹 Key Levels: Resistance: 193.027 (Major Supply Zone) Entry Zone: 191.891 (Marked Red - Potential Sell Zone) Support Target: 189.183 (Demand Zone) 🔍 Analysis: The market is currently consolidating within a supply zone, showing signs of distribution. A rejection from the 191.891 level indicates potential bearish momentum. If price breaks below the local support at 191.280, we could see a drop towards the demand zone at 189.183. ✅ Trade Plan: Sell Setup: Waiting for confirmation near 191.891 Stop Loss: Above supply zone (around 192.000) Take Profit: 189.183 (Demand Zone) 📌 Confluence Factors: ✔ Price reacting to supply zone ✔ Break of structure expected for downside move ✔ Risk-to-reward favoring short positions Let me know your thoughts in the comments! 🔥📊
Short
by naumanfx_
3
GBPJPY SURELY FALL 1. Resistance Break Possibility The analysis suggests a rejection at resistance (191.878) leading to a drop. However, price could break above resistance, triggering stop-loss orders and fueling a bullish rally. Instead of a reversal, watch for a liquidity grab above resistance before deciding on direction. 2. Support Area Failure Risk The support zone (near 189.000) is assumed to hold, but if market momentum is strong, price could break through, leading to further downside. Instead of assuming a bounce, consider monitoring for confirmation before entering long trades. 3. Bullish Trend Continuation Possibility Price recently made a strong move upwards, suggesting buyers are active. The expected rejection at resistance may fail, leading to a higher breakout instead of a reversal. The small consolidation near 190.296 could indicate accumulation for a bullish continuation. 4. Alternative Scenarios Instead of dropping immediately, price may range between 190.762 and 191.878 before a strong move in either direction.
Long
by Fx_Oliviaa
3
GBP/JPY 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE This is a GBP/JPY 1-hour chart from TradingView, showing price action analysis. Here’s what it suggests: The red highlighted zone represents a support area around 188.000. The black arrows indicate a potential bullish reversal from this support, suggesting a bounce and a move toward higher levels. The purple lightning icon may indicate a key support level or an area of high interest (potential demand zone). This analysis implies that if price respects the support zone, a bullish move could follow. However, if it breaks below, further downside could be expected.
Long
by DavidHills110
1
GBPJPY ROUTE MAPHello Traders, Today, as we analyze the GBPJPY pair, we’re focusing on potential price movements through the lens of support, resistance, and price action on the 4-hour timeframe. Based on this analysis, I’m leaning towards a bullish move in the market. These insights are drawn from the key levels on the larger timeframe. Now, we will take a closer look at the smaller timeframes, to refine our analysis and pinpoint our ideal entry point. Patience is key. Let the price come to our zone, then take confirmation to enter the trade with confidence and swing it fully. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. #GBPJPY 4H Technical Analyze Expected Move.
Long
by TradeTacticsreal
1
GBP/JPY: Recent Bullish Move Fails to Break the 192.00 Level Since February 11, the British pound has gained more than 2.5% against the Japanese yen. However, the recent bullish momentum has struggled to break through the key resistance level, and now a new correction in favor of the yen appears to be underway. Central Bank Policies Remain Crucial The ongoing monetary policy divergence between the Bank of England (BoE) and the Bank of Japan (BoJ) is a crucial factor in this market scenario. On February 6, the Bank of England decided to keep its interest rate steady at 4.5%. However, it remains unclear whether the BoE will maintain this policy in future decisions. On the other hand, Japan's monetary stance has become increasingly aggressive. In January 2025, the Bank of Japan raised its interest rate to 0.5% , the highest level since 2008 and the BoJ has signaled a more aggressive tightening approach, aiming to strengthen the yen and make it more competitive against its peers. In the long run, Japan’s new aggressive policy stance has played a key role in the recent downward movements in GBP/JPY. Higher returns in a traditionally safe market like Japan attract greater demand for the yen, reducing the appeal of the pound. As long as Japan maintains this hawkish policy and uncertainty persists regarding the BoE’s future rate outlook, it is likely that yen demand will continue to grow, this could reinforce downward pressure on GBP/JPY. Consistent Downtrend: Since July 2024, the GBP/JPY pair has followed a sustained downtrend, which at some points has turned into a sideways movement between the 192.427 resistance level and the 187.328 support level. The current bearish bias has been strong enough to produce lower highs, keeping the price within a long-term downtrend in the short term. However, if the price moves back toward the 194.323 zone, where the 100-period and 50-period moving averages converge along with the downtrend line, it could signal a threat to the ongoing bearish trend. If buyers manage to push the price back to this level, it could be a important warning sign. ADX Indicator: The ADX line is oscillating near the neutral 20 level, indicating that the last 14 periods lack a strong directional trend. This can be explained by the recent bullish rebound, which failed to break through resistance. If the ADX remains at this level, the price may continue in a prolonged sideways trend over the next few trading sessions. RSI Indicator: A similar scenario is unfolding in the RSI, where the line is hovering around the neutral 50 level. This indicates that bullish and bearish impulses from the last 14 periods are in balance. This could reinforce a lack of clear direction for GBP/JPY in the 190.00 zone in the near term. Key Levels to Watch: 192.427 – Near-Term Resistance: This level represents the most significant neutral area in recent months and aligns with the 38.2% Fibonacci retracement level. If price reaches this level again, it may struggle to break through due to strong resistance at both 192.427 and 194.323, where several technical indicators converge. That said, a breakout above this entire zone could trigger a major bullish move in the long term. 187.328 – Key Support: This level marks the lows recorded since July 2024. A bearish breakout below this level could lead to new lows in the short term and reinforce the bearish bias established since December. 198.525 – Long-Term Resistance: This distant resistance level aligns with the 61.8% Fibonacci retracement. If price eventually rallies to this level, it would completely invalidate the ongoing downtrend in GBP/JPY. By Julian Pineda, CFA – Market Analyst
by FOREXcom
1