Going long now until we hit around the 75% fib zoneGoing long before a potential big sale off to close the 4HR FVG. We have broken the support trend line so we will probably see a retracement before continuing downward.
If we keep going down we will drop to the next zone before we retrace. I will be entering more buys if so.
*I also notice that we are very low compared to previous years so there could be a huge bull coming through. just something to keep in mind!*
📈📉📈
GBPJPY trade ideas
GBPJPY: Bullish Continuation is Highly Probable! Here is Why:
The analysis of the GBPJPY chart clearly shows us that the pair is finally about to go up due to the rising pressure from the buyers.
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GBPJPY INTRADAY support retest at 191.70The GBP/JPY pair is in an overall uptrend, though currently experiencing a short-term pullback.
• Key Support: 191.70 – A bounce from this level could push prices higher.
• Upside Targets: 194.00, 195.50, and 195.70 if the bullish trend continues.
• Bearish Scenario: A break below 191.70 could lead to further declines toward 190.90, 190.00, and 189.00.
Conclusion: The trend remains bullish unless GBP/JPY drops below 191.70, which would signal further downside risk.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
ONENTRY### **GBP/JPY Overnight Range Breakout Strategy**
**Timeframe:** 30 Minutes
**Session:** London Pre-Market (00:00 - 06:30 +2GMT)
### **Step 1: Identify the Overnight Range**
- Mark the **high** and **low** of the price range between **00:00 - 06:30 (+2GMT)**.
- Wait for a **clear breakout** with a candle *closing* above (for longs) or below (for shorts) this range.
### **Step 2: Apply Fibonacci Levels**
- After the breakout, use the **Fibonacci retracement tool**:
- **Anchor Point 1:** Start at the *close* of the breakout candle.
- **Anchor Point 2:** Drag to the *start* of the impulse move (first candle of the range).
- Key level for entry: **0.5 and** **0.35 retracement**.
### **Step 3: Trade Execution**
- **Entry:** Enter on a pullback to **0.5** and **0.35 Fib level** after the breakout.
- **Stop Loss :**
- *Long trades:* Below the **low of the breakout candle’s body**.
- *Short trades:* Above the **high of the breakout candle’s body**.
- **Take Profit Targets:**
- **TP1:** 1.0 Fib (1:1 risk-reward).
- **TP2:** 1.25 Fib extension.
- TP3: 1.6 FIB extension
- **TP4:** 2.3 Fib extension (runner position).
### **Step 4: Trade Management**
- Move SL to breakeven when price hits **TP1**.
GBPJPY bullish reversal in play. Long from support!Hey traders,
GBPJPY has hit a key support zone, and I’m anticipating a strong bounce from this level. A powerful bullish engulfing candle has just formed on the 4-hour timeframe, swallowing the last three candles—a clear sign of buying pressure!
💡 Trading Idea:
🔹 Entry: Long from 192.90
🔹 Target 1: 193.935
🔹 Target 2: 195.959 (Major resistance)
🔹 Stop Loss: 191.998 (In case support fails)
⚠️ Remember to stick to your trading plan and manage your risk accordingly. This setup presents a great opportunity, but always trade responsibly!
🔥 If you find this idea useful, give it a boost—your support is greatly appreciated! 🚀
GBPJPY Will Grow! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 193.194.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 197.049 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBP/JPY Technical Analysis: Bearish Rejection at Key Resistance?This chart represents a GBP/JPY (British Pound / Japanese Yen) 30-minute timeframe analysis. Here are the key takeaways:
Technical Indicators & Levels
Exponential Moving Averages (EMAs)
200 EMA (Blue Line): 193.586 – A long-term trend indicator.
30 EMA (Red Line): 193.182 – A short-term trend indicator.
Key Levels
Resistance Zone (Stop Loss Level): 193.968
Support/Target Zone: 191.628
Current Price: 193.255 (as per the last recorded candle)
Trade Setup & Market Structure
Bearish Outlook (Sell Scenario)
The price is approaching a strong resistance zone (193.968), which aligns with the 200 EMA.
The price might reject this level and drop toward the target area of 191.628 (approx. 1.00% downside).
The drawn price path suggests a possible retest of resistance before a bearish move.
Bullish Reversal (Invalidation of Bearish Setup)
If the price breaks and holds above 193.968, it could invalidate the bearish setup and push higher.
A sustained move above the 200 EMA may indicate a trend shift to bullish.
Conclusion
Bearish bias as long as the price stays below 193.968.
A possible short trade opportunity if resistance holds, targeting 191.628.
Caution: If price breaks above resistance, it could lead to a bullish breakout
ONENTRY ONENTRY
Wait for it !
GBP/JPY Overnight Range Breakout Strategy
Timeframe: 30 Minutes
Session: London Pre-Market (00:00 - 06:30 +2GMT)
Step 1: Identify the Overnight Range
Mark the high and low of the price range between 00:00 - 06:30 (+2GMT).
Wait for a clear breakout with a candle closing above (for longs) or below (for shorts) this range.
Step 2: Apply Fibonacci Levels
After the breakout, use the Fibonacci retracement tool:
Anchor Point 1: Start at the close of the breakout candle.
Anchor Point 2: Drag to the start of the impulse move (first candle of the range).
Key level for entry: 0.5 and 0.35 retracement.
Step 3: Trade Execution
Entry: Enter on a pullback to 0.5 and 0.35 Fib level after the breakout.
Stop Loss :
Long trades: Below the low of the breakout candle’s body.
Short trades: Above the high of the breakout candle’s body.
Take Profit Targets:
TP1: 1.0 Fib (1:1 risk-reward).
TP2: 1.25 Fib extension.
TP3: 1.6 Fib extenasion
TP4: 2.3 Fib extension (runner position).
Step 4: Trade Management
Move SL to breakeven when price hits TP1.
GBPJPY BUYSWe are will bullish on GBPJPY, price is currently rejecting off an AOI around 192.41. We will ignore the London open trade as theres is no visible level of entry, we will how ever prepare for NYC open. where we will see price take out the London lows for a continuations of the bullish rally.
GBPJPY BUY NOW!!GBPJPY formed a bullish rectangular on the 2h time frame and price have already made a strong rejections from the sell side by sweeping liquidity am in now on buy holding watching to see price take out the buyside to create new highs
JOIN AND ENJOY
Lets know your thoughts on this...........
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(GPBJPY) trading signals technical analysis satup👇🏼
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) 👇🏼
ENTRY POINT (192.950) to (192.850) 📊
FIRST TP (193.300)📊
2ND TARGET (194.700) 📊
LAST TARGET (194.200) 📊
STOP LOOS (192.200)❌
Tachincal analysis satup
Fallow risk management
GJ-Thu-3/04/25 Top down analysis-GJ wide htf consolidation!Analysis done directly on the chart
Just like back in second week of March, GU
started to create wider and wider range. This is
the time where GJ has been consolidating high
time frame until clearer structure is formed.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
(GBP/JPY) Technical Analysis – April 3, 2025 (GBP/JPY) Technical Analysis – April 3, 2025 📈
🔹 Current Price: 192.935
🔹 Timeframe: 15M
📌 Key Support Levels (Demand Zones):
🟢 192.500 – Major Support Zone
📌 Key Resistance Levels (Fair Value Gaps - FVGs & Supply Zones):
🔴 193.273 – First Target
🔴 194.588 – Major Resistance (Potential Target)
📈 Bullish Scenario:
GBP/JPY is forming a potential bullish structure.
A breakout above 193.273 could push prices toward 194.588.
📉 Bearish Scenario:
If GBP/JPY fails to hold above 192.500, a drop towards lower support levels could be expected.
⚡ Trading Tip:
✅ Wait for confirmation before entering long positions.
✅ Watch for rejection at resistance levels for potential reversals.
✅ Use proper risk management and set stop losses strategically.
#GBPJPY #Forex #TechnicalAnalysis #SmartMoney #PriceAction #Trading
GBPJPY Buy Setup – Bullish Momentum Building From 4H SupportPrice has respected the 4H support zone around 192.300 and is now showing bullish signs on both the 1H and 23m charts, with MACD shifting upward. A break and close above 193.000 could confirm a bullish push.
Trade Plan:
• Entry: Break & retest or strong bullish close above 193.000
• TP1: 193.751 (1H Resistance)
• TP2: 194.907 (4H Resistance)
• SL: Below 192.200 (structure break zone)
Watching closely for volume and momentum confirmation. Let’s see if bulls take control.
#GBPJPY #ForexTrading #PriceAction #MACD #SupportAndResistance #BreakoutSetup #Scalping #SwingTrade
#GBPJPY: +250 Pips From Last Idea Expecting A Strong Bulls! The GBPJPY currency pair experienced a decline to the 190 area, which represents a discounted price range. Subsequently, the price reversed positively by approximately 250 pips. Our market analysis remains unchanged, and we anticipate that the price will continue to exert dominance.
It is possible that the price may experience a correction or a downward movement, as we anticipate the release of strong economic data this week. This data is likely to influence the future trajectory of the currency pair.
We encourage you to like and comment for further insights. Your support has been invaluable throughout our journey, and we sincerely hope that you achieve success in your own market endeavours.
Team Setupsfx_
❤️🚀