GBPJPY trade ideas
GBP/JPY showing the Bulls some love !!As i write this down GBP/JPY teases us with a triangle on a 1h timeframe with a break and test... and maybe a confirmation?
195.00 level is also there - giving us extra confirmation
the YEN showed some strength since the year began maybe because of the ongoing Japanese fiscal year ending up in march,
but since we are talking about fiscal years, UK's fiscal year concludes in April ! ( during fiscal year end companies tend to repatriate their offshore capital for several reasons: Tax Optimization, Financial Reporting, Dividend Payments, Debt Servicing, Currency Exchange Considerations, Strategic Investments) - this ensure a increased demand for the specific currency making it raise in value ( supply and demand 101)
so where are we at right now:
- Fundamentals favor the GBP in the near term future ( other fundamentals must be taken into consideration - do some research tell me what you find)
- Technically we see an opportunity to profit for the coming fundamentals even tough is a good chance this setup is not the start line of the race upwards
when it comes to Taking profits the only level that comes into mind is 198.200 (not a guarantee but a possibility)
- Other Technical's
the currency sits above the YTD Anchored VWAP and the march Anchored VWAP for some time now,
in terms of Market Structure we see higher highs on the 4h/Daily and previous highs taken out ( feb high and Jan high) - this an uptrend no doubt
For day traders:
on the lower timeframes we see some head & Shoulders formations gearing up
1min_ chart completed H&S
5m_chart H&S in construction -
and if I'm stretching my luck a bit maybe another H&S on the 15 min
that's all there is to it!
Whatever your trading remember to take the risks into consideration and always do your own analysis before taking a decision !!
I'm still new to sharing ideas on the community - don't start throwing rocks now if your Bearish :D
-Not financial Advice !
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐๐ผ
(GPBJPY) trading signals technical analysis satup๐๐ผ
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) ๐๐ผ
ENTRY POINT (192.200) to (192.100) ๐
FIRST TP (193.600)๐
2ND TARGET (194.600) ๐
LAST TARGET (194.800) ๐
STOP LOOS (192.400)โ
Tachincal analysis satup
Fallow risk management
GBP/JPY SELL SETUP 250 PIPS1๏ธโฃ Macro Fundamental Analysis (GBP vs. JPY)
๐น Interest Rate Differentials (Carry Trade Impact)
Bank of England (GBP)
The BoE has kept rates high to fight inflation.
Higher GBP rates โ capital inflows into GBP assets.
Bullish for GBP/JPY.
Bank of Japan (JPY)
BoJ is still ultra-dovish, keeping negative/low interest rates.
Japanโs government wants a weak yen to support exports.
Bearish for JPY, Bullish for GBP/JPY (carry trade flows into GBP).
๐ Institutional View:
Hedge funds & large investors prefer long GBP/JPY due to high interest rate spreads.
GBP/JPY remains fundamentally bullish due to carry trade inflows.
๐น Global Risk Sentiment (Risk-On vs. Risk-Off)
GBP/JPY is a "risk-on" pair โ it rises when markets are bullish and falls when investors seek safety.
If stock markets are bullish, GBP/JPY tends to rise.
If thereโs a global crisis, investors move into JPY (safe-haven), causing GBP/JPY to fall.
Current Market Sentiment:
Stock markets are uncertain, but no full risk-off move yet.
Watch equity markets & US bond yields for risk sentiment confirmation.
๐ Institutional View:
Mild risk-on bias โ GBP/JPY has support, but volatility remains high.
๐น Institutional Positioning (COT Data & Hedge Fund Flows)
Hedge funds have been buying GBP against JPY due to the rate differential.
Commitment of Traders (COT) Report:
Shows institutional investors are still net long GBP/JPY but reducing positions.
Some profit-taking could lead to short-term downside.
๐ Institutional View:
Long-term institutional bias is bullish, but hedge funds may reduce positions if risk-off sentiment increases.
2๏ธโฃ Technical Analysis (ITPM Style) โ Multi-Timeframe Breakdown
๐น GBP/JPY (Daily Timeframe)
๐ Trend: Still in an uptrend, but approaching resistance.
๐ Key Resistance: 195.00 - 196.00
๐ Key Support: 191.00 - 190.00
๐น Price is struggling at resistance near 194.00.
๐น Possible pullback to 191.50 - 192.00 before resuming higher.
๐น GBP/JPY (H4 Timeframe)
๐ Short-Term Weakness, but Still in an Uptrend Channel
๐ Key Level to Watch: 192.50 - 193.00
๐น Bearish Rejection at 194.00, but still inside an uptrend structure.
๐น If price breaks below 192.50, a deeper correction to 191.00 is likely.
๐น GBP/JPY (H1 Timeframe)
๐ Intraday Weakness, Watch 192.50 for Breakdown
๐ Key Levels:
Resistance: 193.50 - 194.00
Support: 192.50 (short-term support), 191.50 (stronger support)
๐ Institutional View:
Intraday traders may take short positions below 192.50, targeting 191.50 - 191.00.
3๏ธโฃ Institutional Trade Setup (ITPM Style)
๐ด Bearish Scenario (Short-Term Correction)
Entry: Sell below 192.50 (Break of key support).
Target: 191.50 โ 190.00 (support zone).
Stop-Loss: Above 193.50.
Rationale: Short-term hedge funds taking profits โ minor pullback in bullish trend.
GBP/JPY LOOKING TO GO LONGGBP/JPY 15M - Morning people, I thought I would bring you some analysis for this pair, I am wanting to see bullishness longer term with this pair. As we know the prevailing trend is a bullish one.
The JPY is seen as one of the weaker currencies and the GBP is seen as one of the major currencies in the world. That aside we are seeing price respect areas of Demand and we have recently seen price trade down to clear an area.
Breaking structure both fractally and on the higher timeframes I am led to believe that this market is now ready to print in a new bullish leg to the upside, giving us reason to to buy in.
I just want to see price pullback trading down and into the Demand Zone I have got marked out below, once we see price trade in I am then expecting to see price break structure again fractally giving us the entry confirmation we need to go long.
GBP/JPY Bearish Rejection โ Short Trade Setup!๐น Trendline Rejection โ๐
Price tested the descending trendline and got rejected.
Bearish pressure increasing! ๐จ
๐น Resistance Zone (๐193.6 - 194.0) ๐ต
Strong selling zone ๐
Stop Loss placed at 194.013 ๐ซ
๐น Support Zone (๐193.0) ๐ฆ
Price might bounce here temporarily ๐ค
If it breaks below, expect further drop ๐๐
๐น Target Level (๐192.311) ๐ฏ
Bearish Target โ
Ideal Take Profit ๐
Trade Setup ๐ผ
๐ธ Entry: ๐193.5 - 193.6 ๐
๐ธ Stop Loss: โ 194.0 ๐ซ
๐ธ Take Profit: โ
192.3 ๐ฏ
Final Verdict: Sell Setup Active! ๐๐ฅ
Watch for confirmation before entering! ๐๐
GJ-Wed-2/04/25 Top down analysis-Trade safe, Trade carefullyAnalysis done directly on the chart
Learn the skill rather than relying on someone to give signals.
The among of people that succeed in trading is already low,
long term without a proper education you won't make it.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPJPY Under Pressure: Potential Sell Opportunity.The GBPJPY pair has recently broken structure to the downside on the 4-hour timeframe, signaling bearish momentum. The pair is currently under significant selling pressure, with price action suggesting a potential continuation of the downtrend. Here's a deeper analysis of the situation:
Market Structure: The recent break of structure to the downside indicates that sellers are in control. The pair has failed to reclaim previous highs, reinforcing the bearish sentiment.
Key Levels:
Range High: The stop-loss level should be placed above the recent range high to manage risk effectively. This level acts as a key invalidation point for the bearish setup. ๐ซ
Range Low: The target is the previous range low, which aligns with a strong support zone. This level could act as a magnet for price, given the current bearish momentum. ๐ฏ
Bearish Pressure: The pair is trading below key moving averages (e.g., 50 EMA and 200 EMA on the 4-hour chart), further confirming the bearish bias. Additionally, momentum indicators like RSI and MACD may show bearish divergence or oversold conditions, which could provide further confluence for the trade idea. ๐
Risk Management: As always, proper risk management is crucial. Ensure that the position size aligns with your trading plan, and avoid over-leveraging. ๐
Fundamental Context: Keep an eye on any GBP or JPY-related news that could impact the pair, such as central bank decisions, economic data releases, or geopolitical developments. These factors could either accelerate or invalidate the current technical setup. ๐ฐ
Disclaimer โ ๏ธ
This analysis is for educational and informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct your own research and consult with a financial professional before making any trading decisions. ๐ข
GBPJPY โabstract cuisineโTrust me, bro, I attempted to cook this trade following a โfoolproofโ recipe. Long story short, my my charts turned into a disaster zone with burnt out masterpiece trendiness. I ended up calling it โabstract cuisineโ and just shorted instead, because sometimes even the best traders need a break.
GBPJPY LONGSLongs Taking us further up, following price breaking out of the bearish channel. since price has broken out we should expect a pull back/ retracement to retest the broken trend.
AOI @ 193.318 this is the level where we will see price come back to retest and our longs should be active. Targeting highs @195.998
GBPJPY Q2 W14 1st April 2025 Outcome80% of lot size is now removed approaching the Tokyo highs of yesterday, in addition, I have opened the TP to allow it to run although I do foresee the turn around in price.
With that said, the edge played out as expected. Weekly & daily 50 Ema continues to provide a solid basis to begin the chart analysis. Moving forward, as I share my ideas, you shall indeed see a consistent approach with regards to the higher time frame 50 EMA.
FRGNT X
GBP/JPY Entry IdeaGiven the multitude of the wick rejection on the 4hr timeframe, the consistent downtrend on the weekly and how price is returning to the key area, I am still bearish on price. I will be looking for any significant signs of rejection off the key area on the 15min timeframe, in which I will be going short.
Price is doing its "drop, base, drop" motion.
Should price break and close above the blue line strongly on the 1hr/4hr, I will be looking to go long as this would be a market shift.
GBPJPY H4 | Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 194.70, a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 193.08, a pullback support.
The stop loss is set at 196.03, a swing high resistance.
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