Get started

British Pound / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPJPY trade ideas

BUY GBPJPY after UK Inflation data 200 EMA and Volume ClustersGBPJPY reversed after UK inflation data earlier , however it has retraced to significant 200 EMA level and areas of previous good volume / reversal points ( see chart ) Given also that : 200 Hourly EMA providing technical resistance Running into a cluster of previous volume areas Overall recent trend is still bullish Despite the data this morning giving GBP a push lower , this move appears way too aggressive for the data and likely more position covering than fundamental given that : Bank of England still expect inflation to peak at 3.75% in Q3 Energy , Tariffs and general uncertainty in the market Some analysts still calling for 4% in April and May Stop 192.85 Entry 193.80 Target 194.85 Good risk reward 1:1 good reversal probability given the above observations . Possible retrace as US markets arrive but overall sentiment remains .
Long
by emiliajz12l
GBPJPY Bullish Breakout Setup โ€“ Eyes on 195.000+Structure: Symmetrical Triangle inside Bullish Channel Analysis: GBPJPY is currently compressing within a symmetrical triangle formation after a strong bullish rally. Price has pulled back and is respecting the ascending channel and trendline support around 193.900. MACD is flattening, suggesting potential build-up before the next push. We are watching for a bullish breakout of the triangle, with confirmation via a strong candle close above 194.200 and EMA cross to the upside. โธป Trade Plan: Entry: Above 194.200 on strong bullish breakout candle (23min or 1H confirmation) Stop Loss: 193.700 (below triangle structure and trendline support) Take Profit Targets: โ€ข TP1: 194.667 (recent high + trendline intersection) โ€ข TP2: 195.000 (psychological resistance + channel top) โ€ข TP3: 195.500 (extension play if momentum builds) Risk/Reward: Approx. 1:2 to 1:3 depending on entry execution โธป Confirmation Factors: โ€ข Triangle consolidation nearing breakout point โ€ข Bullish channel still intact โ€ข MACD showing flattening / crossover setup โ€ข Price respecting 50/144 EMA zones โธป Invalidation: If price breaks below 193.700 and fails to hold the ascending structure, bullish bias is off the table for now.
Long
by AutoMarkets
GBP/JPY: Bullish Momentum Builds Near Key ResistanceThe GBP/JPY market is currently developing an ABC pattern, with point C forming near the 196.000 level. Recently, the price broke above both a downward trendline and the 194.000 support, signaling a potential shift in momentum. At present, the pair is testing last weekโ€™s high, which aligns with the 195.000 psychological level. A strong bullish candle has emerged on the daily chart, indicating growing bullish pressure. The market may enter a consolidation phase around this level before attempting a breakout above the previous weekโ€™s high. The next target is the resistance zone at 195.750
Long
by RTED_Investing
Why GBPJPY is bullish ?? Detailed Technical and FundamentalsGBPJPY is currently trading around 193.000, with technical analysis indicating a potential bullish breakout that could yield gains exceeding 300 pips, targeting the 198.000 level. This anticipated movement is supported by the pairโ€™s recent behavior, where it edged higher to 194.89 before a slight retreat, suggesting consolidation ahead of a possible upward surge. A strong breakout from the current resistance zone could trigger an aggressive bullish wave. Fundamentally, the British pound has shown resilience, bolstered by stable economic indicators and a proactive monetary policy stance from the Bank of England. Meanwhile, the Japanese yen has experienced depreciation, influenced by the Bank of Japanโ€™s commitment to maintaining ultra-loose monetary policies. The widening interest rate differential between the UK and Japan favors a stronger GBP, adding bullish momentum to the pair. Technical indicators further reinforce the bullish outlook for GBP/JPY. The pair has been trading within a consolidation range, and a breakout above the current resistance level could signal the continuation of the prevailing uptrend. Moving averages and oscillators are aligning to support this bullish scenario, with the potential to reach the 198.000 target. Volume analysis also suggests growing buying pressure, which could accelerate the upward move once resistance is breached. Traders should monitor key resistance levels closely, as a confirmed breakout could present a lucrative opportunity to capitalize on the anticipated 300-pip movement. Implementing robust risk management strategies, such as setting appropriate stop-loss orders, is essential to mitigate potential market volatility. Staying informed about upcoming economic data releases and central bank communications will also be crucial in navigating this trading opportunity effectively.
Long
by AndrewsMarket-Mastery
Mister Y - GJ - Monday - 24/03/25 Top down analysisAnalysis done directly on the chart As I said last Thu and Fri, market positioning is not the best, thus makes it harder to spot high probability winning trades and setups. Inclining to take more short TPs and secure profits not being greedy. A lot of times, we are correct about our analysis BUT what is missing is the timing. With time and experience and the desire to improve everyday, you'll start to understand better when price will likely to have higher chance of happening a specific move. Not financial advice, DYOR. Mister Y
Long
by Mister_Y
CHECK XAUUSD ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐Ÿ‘‹๐Ÿผ (GPBJPY) trading signals technical analysis satup๐Ÿ‘‡๐Ÿผ I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone ( TRADE SATUP) ๐Ÿ‘‡๐Ÿผ ENTRY POINT (192.900) to (192.800) ๐Ÿ“Š FIRST TP (193.100)๐Ÿ“Š 2ND TARGET (193.400) ๐Ÿ“Š LAST TARGET (193.700) ๐Ÿ“Š STOP LOOS (192.400)โŒ Tachincal analysis satup Fallow risk management
Long
by Mr_hassy_trader
GBPJPY TODAY FORECASTIn this forecast we're analyzing 2H time frame for GBPJPY. Today I'm looking for a potential buy trade setup. According to my analysis and strategy when price enters in my key levels as shown in the chart and give any bullish confirmation like candlestick pattern or price action. After taking confirmation we'll trigger our trade. Confirmation is most important part of this analysis. Always use stoploss for your trade. Always use proper money management and proper risk to reward ratio. This is just my analysis. Further updates related this analysis will posted soon once price reach our levels. #GBPJPY 2H Technical Analysis Expected Move.
Long
by TradeTacticsreal
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐Ÿ‘‹๐Ÿผ (GPBJPY) trading signals technical analysis satup๐Ÿ‘‡๐Ÿผ I think now (GBPJPY) ready for( SEEL )trade ( GBPJPY ) SEEL zone ( TRADE SATUP) ๐Ÿ‘‡๐Ÿผ ENTRY POINT (193.350) to (192.250) ๐Ÿ“Š FIRST TP (193.100)๐Ÿ“Š 2ND TARGET (192.800) ๐Ÿ“Š LAST TARGET (192.500) ๐Ÿ“Š STOP LOOS (193.700)โŒ Tachincal analysis satup Fallow risk management
Short
by Mr_hassy_trader