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GBPJPY trade ideas

GBP/JPY Update – Buy Setup Potential | News AlertPrice is currently ranging, and we're sitting near the lower boundary of that range. While the trend has recently shown signs of weakness, this level feels too low to justify a short position at this moment. I'm watching for potential false breakouts, especially with upcoming news that could cause a sharp move. My current bias is leaning toward a buy setup, looking to catch a reaction from this lower range zone. Additionally, there's visible imbalance/liquidity resting above, which could act as a magnet for price. If price shows bullish intent (e.g. reclaiming a broken level or clear reaction from the demand zone), I’ll be looking to go long toward that imbalance.
by daghandelaar110
GBPJPY- Sell below 192.85 (for min 50 pips target)The GBP/JPY pair is trading below 55 and above 200 EMA (Short-term) and 365 EMA (long term on the 4-hour chart, confirming a bearish trend. Immediate resistance is at 194,a breach above this level targets of 194.70/195/196.50. Any breach below 192.85 confirms the intraday bearish trend. A dip to 192.35/191.70. Market Indicators (1- hour) CCI (50)- Bearish Directional movement index - Bearish It Is good to sell below 192.85 with SL around 193.30 for a TP of 191.70.
Short
by FxWirePro
GBPJPY Trap & Reversal | Smart Money Loading from OB Zone!We’re analyzing a high-probability bullish reversal setup forming on GBPJPY 1H, built on clean SMC logic. Here’s how this trade is setting up: 🔄 Market Structure: Prior bearish move into a reversal area Equal highs (liquidity built up) Clean sweep below short-term lows ➝ Liquidity grab ✅ Price now reacting from a defined Order Block zone 🧱 Order Block Zone: Purple OB zone marked at 192.753–192.118 This zone is resting between 61.8% and 70.50% fib levels – high confluence 🔥 💸 Liquidity Levels in Play: Sell-side liquidity already swept Buy-side liquidity sitting above the recent highs @ 196.413 (target zone) 🚀 Entry Plan: Entry Point: Reacting from OB near 192.753 Stop Loss: Below the strong low (192.118) TP Zone: 196.413 = Buy side liquidity ➝ Weak High marked for potential sweep 🧮 RRR (Risk-to-Reward): Massive potential ➝ Approx 1:8+ RRR This is the kind of setup institutions dream of. 🚀 📈 Key Confluences: Equal highs = liquidity magnet OB sitting at golden zone Strong low protecting entry Institutional pattern: Sweep ➝ OB reaction ➝ expansion 📉 Watch for Pullback/Entry Reconfirmation: Price may tap deeper into the OB before expanding Wait for bullish momentum confirmation (CHoCH on 15M or 30M TF = better entry sniper style) 📢 Pro Tip (Trader Mindset): This setup screams “liquidity engineering”. Retail traders shorted the lower high; Smart Money is about to flip the script. Be the shark, not the fish 🦈
Long
by ChartNinjas88
GBP/JPY – Bullish structure forming. Waiting for confirmationGBP/JPY – 15 min chart After a prolonged corrective move, price action is beginning to show signs of structural recovery. We’re now seeing a shift in momentum as higher lows start to form, suggesting potential for a bullish continuation. The market is currently stabilizing above a local support zone, following a strong bullish impulse. Should price pull back slightly — especially around the 193.500 area — and hold, it may provide a springboard for a move toward the next key resistance near 195.500. This area stands out not only as a previous structural level but also as a likely liquidity pocket. A clean break above could open the path toward the 196.750 region, aligning with higher timeframe levels (weekly/monthly).
Long
by daghandelaar110
GBPJPYGBP/JPY Interest Rate Differential and Bond Yield Overview (May 2025) Interest Rate Differential Bank of England (BoE): Current policy rate around 4.25%, with markets pricing in potential gradual rate cuts later in 2025 but with caution from BoE officials about premature easing. Inflation remains somewhat sticky, and the BoE may keep rates higher for longer, limiting GBP downside. Bank of Japan (BoJ): Policy rate at 0.50%, the highest in 17 years, with a gradual tightening path expected. BoJ remains cautious but signals further hikes as inflation and wage growth support normalization. Japan’s economy contracted by 0.2% QoQ and 0.7% YoY in Q1 2025, but BoJ’s hawkish tilt supports JPY strength. Differential: The interest rate gap favors GBP by roughly 3.75–4.00%, but narrowing as BoJ tightens policy. This differential has historically supported GBP/JPY strength, but recent BoJ hawkishness has limited GBP gains. Bond Yield Dynamics UK 10-Year Gilt Yield: Around 4.44% in April 2025, volatile due to fiscal uncertainties and global bond market swings. Yield movements influenced by BoE’s slow easing and UK’s fiscal outlook. Japanese Government Bond (JGB) 10-Year Yield: Approximately 1.32% as of April 2025, up from previous lows but still low relative to UK yields. BoJ’s cautious policy normalization and reduced bond purchases have pushed yields higher. Yield Spread: The spread between UK Gilts and JGBs remains wide (~3.1%), supporting GBP/JPY’s carry trade appeal but with some compression due to BoJ tightening. Market and Technical Outlook GBP/JPY weakened to around 193.40 recently amid Japan’s Q1 GDP contraction but rebounded near 193.50 as BoE officials warned against aggressive rate cuts. BoJ’s hawkish signals and Japan’s economic contraction have strengthened JPY, creating headwinds for GBP/JPY. Market expectations of BoE’s slower rate cuts and BoJ’s gradual hikes create a complex dynamic, limiting GBP/JPY upside. Divergent monetary policies continue to drive volatility, with the pair sensitive to shifts in BoE and BoJ guidance. Summary Table Factor GBP Impact JPY Impact GBP/JPY Bias BoE Rate (4.25%, cautious) Supports GBP, limits losses – Mildly bullish BoJ Rate (0.50%, tightening) – Strengthens JPY Bearish pressure on GBP/JPY UK 10-Year Gilt Yield (~4.44%) Supports GBP carry – Bullish JGB 10-Year Yield (~1.32%) – Supports JPY yield advantage Bearish pressure Japan Q1 GDP contraction Weakens GBP/JPY Strengthens JPY Bearish Conclusion GBP/JPY is influenced by a still favorable but narrowing interest rate differential, with BoE’s cautious stance on rate cuts supporting GBP, while BoJ’s gradual tightening and Japan’s economic contraction bolster the yen. The bond yield spread remains supportive of GBP/JPY but is compressing. Near term, the pair faces resistance around 193.50, with downside risks if JPY safe-haven demand intensifies or BoE signals faster easing. Traders should watch BoE and BoJ policy updates closely for directional cues.
by Shavyfxhub
GBP / JPY SHORTWAITING FOR A BOS ON LOWER TIME FRAME BEFORE ENTERING 📉 GBP/JPY 1H Short Trade Summary Bias: Bearish Entry Type: Supply rejection after internal structure shift (CHoCH & BOS) 🧠 Trade Narrative: Price broke down from a previous bullish structure, forming a clear CHoCH followed by a BOS, confirming a bearish shift. A premium pullback into a 1H supply zone aligned with a Fair Value Gap (FVG), offering an ideal entry point. 🔹 Entry: Short taken from the 1H supply/FVG zone rejection (gray and blue zone). 🔹 Confluences: Internal BOS + CHoCH Entry within premium zone of range Rejection from supply + 1H FVG Bearish market structure Liquidity sweep before entry 🎯 Targets: TP1: Mid-range (0.5) and FVG fill — first partial TP2: Full range discount (0) for full take profit 🛑 Stop Loss: Above the supply zone, protecting against a structural invalidation
Short
by connorpgregory
Lingrid | GBPJPY possible Channel BREAK Bearish MoveThe price perfectly fulfilled my last idea . FX:GBPJPY is consolidating after a strong rally toward the March high. Price is now testing support near 193.8, where the ascending trendline and prior breakout zone converge. A failure to hold this level may open the door for a drop toward 191.000. However, bulls remain in control while price stays above trend support. 📈 Key Levels Buy zone: 193.0 – 193.8 Buy trigger: bounce from trendline with bullish momentum Target: 196.3 Sell trigger: break below 193.0 💡 Risks Weak UK data may trigger bearish sentiment. Yen strength due to safe-haven flows could pressure GBPJPY. Break of trendline may lead to deeper correction below 191. 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
8
A SHORT SHORT B4 LONG LONG GBPJPY SHORT FORECAST Q2 W21 D20 Y25 A SHORT SHORT B4 LONG LONG LONG GBPJPY SHORT FORECAST Q2 W21 D20 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
GBP/JPY 1H Chart Analysis – Bullish Breakout PotentialPublished on May 20, 2025, this 1-hour GBP/JPY chart highlights a key technical setup. The price has been consolidating within a tight range after a sharp decline, forming a potential accumulation zone between 193.47 and 193.80 (yellow rectangle). Multiple tests of the "BOS" (Break of Structure) levels indicate strong support and resistance zones, with a recent "CHOCH" (Change of Character) signaling a shift in momentum. The price is now approaching a critical resistance at 193.80. A breakout above this level could confirm a bullish trend, potentially targeting 195.00 and beyond (blue arrow). Traders should watch for a strong close above 193.80 with increased volume to validate the breakout. Conversely, a rejection at this level may lead to a retest of the lower support at 193.47. Key Levels: Support: 193.47 Resistance: 193.80 Potential Target: 195.00+ Stay cautious of false breakouts and monitor price action closely! #GBPJPY #Forex
Long
by Ttrade-With-Logic