GBPJPY trade ideas
GBP/JPY (BULLISH )Liquidity got swept out on the daily frame there the baby GOT BORN .....so we BULLISHI TAKE AT UR OWN RISK.
GBPJPY - Short from bearish OB !!Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from bearish OB and level 190.000.
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GBP/JPY risky longprice have just approached support and 0.618 fib level and reacted to it. Might go up to collect 1H fvg.
Entry-188,45
SL-188,15
TP 189,85
Sell Limit LoadingGod First
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Massive GJ sellAfter support trend line breakout it's the time to sell after price pullback and show weakness bullish
Sell GJAfter support trend line breakout it's the time to sell after the pullback price show the signals
GBPJPY Price ActionIf you followed today's Early Analysis on GBP/JPY, you would have noticed that the pair has already moved over 100 pips. Now, it’s time for a pullback, and there’s a high probability of a reversal from these levels. Take a closer look, manage your risk with a stop loss, and avoid letting greed dictate your decisions. Wishing you the best of luck and happy trading! Thank you.
GBPJPYThe GBP is strong and is in GBPJPY is on strong Up trend, if is break the last HH in 5m chart we take long to 190.18
LR
GBPJPY sellprice failed to make new higher high
testing previously broken level 190.0 and consolidation
GBPJPY Ready To Melt AgainThis has reached a POI on 15m.. on 3m, i wait more confirmation before shorting... stay tune. screen for ur validations as well
possibility of correctionGiven that a long-term downtrend has been formed, it is expected that the movement will continue according to the specified paths, then the continuation of the downward trend will be likely.
Long1.SpLine broke out
2.Jpy currency bearish pattern has formed
3.It has bounced off a major support level on the higher time frame
GBPJPY Price ActionHello Traders,
I hope you're all doing well! I wanted to share a quick market observation with you. On the 4H timeframe, I noticed that price entered the demand zone and swept the liquidity. After switching to the 1H and then the 30M timeframes, I observed a divergence forming. For those of you who trade based on divergences, this might be worth checking out.
Personally, I prefer to focus on price action, and from what I see, there’s enough supply in the current zone. I believe it’s now time for demand to take over, which could lead to a reversal. If price starts moving, we might see a Rally Base Rally pattern forming.
Keep a close eye on this setup, and as always, trade wisely. Wishing you all the best and happy trading!
Cheers!
GBP/JPY, Long, 1h✅ GBP/JPY is oversold, indicating a potential bullish reversal. The price is expected to move upward toward the key resistance level at 190.00.
LONG 🚀
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GBP/JPY - H1 Analysis & Prediction (07/02/2025)GBP/JPY - H1 Analysis & Prediction (07/02/2025)
📉 Bearish Continuation Expected
🔹 Current Price: 188.362
🔹 Key Resistance Levels:
188.998 - 189.141 (Short-term resistance)
190.068 - 190.599 (Major resistance)
🔹 Key Support Levels:
187.694 (Break & retest zone)
186.922 (Next target)
186.488 (Major support)
🔹 Market Outlook:
Price is rejecting from resistance and forming a bearish structure.
A break below 187.694 could confirm further downside.
If price retraces towards 188.998 - 189.141, look for rejections to enter shorts.
🔹 Trade Setup:
✅ Sell Zone: 188.998 - 189.141
✅ Target: 186.922 - 186.488
✅ Invalidation: Above 190.068
#FXFOREVER #GBPJPY #ForexTrading #SmartMoneyConcepts #PriceAction #LiquidityZones
GBPJPY: Intraday Bullish Movement 🇬🇧🇯🇵
GBPJPY looks bullish after a forming a bearish
trap followed by a bullish imbalance and a confirmed CHoCH on an hourly time.
Chances are high that the pair will continue rising.
Goal - 189.0
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SHORT GBPJPY GBPJPY Technical Analysis
February 7, 2025
Short Setup Analysis
Yen Strength
Daily: Major support break
4H: Price retesting EMA 21
Higher timeframe trend: Bearish
Technical Structure
Break of major support level on daily trend line
Retest of EMA 21 on 4-hour chart
Bearish momentum confirmed
Multiple timeframe alignment
show of strength in other yen pairs
Trade Setup
Entry: Short at EMA 21 retest (4H)
Stop Loss: Above recent swing high
Target: August 2024 support level
Entry Confirmation: Rejection at EMA 21 on 4h
GBPJPY BEAR MARKET BEGINS Here’s a polished and professional version of your market update:
GBP/JPY Market Update: Key Levels and Macro Context
After some time away, we’re back with a critical update. Traders who entered short at 192.5, as we highlighted nearly a week ago, have secured substantial profits. The market has now broken below the ascending parallel weekly channel, which had been respected three times on the weekly timeframe, confirming a clean technical breakdown.
Current Outlook & Key Levels
• Next Target: 185 region, aligning with daily order block liquidity.
• Weekly SMA Analysis:
• Price has broken below both the 10 and 50 SMAs, with the 10 SMA now crossing below the 50, signaling weakness on the higher timeframes.
• The 100 SMA aligns with the weekly timeframe, acting as a potential support zone.
• A break below the 100 SMA could accelerate the selloff towards 181.
• Market Structure & Macro Considerations:
• No clear upper resistance on the weekly chart, but we do see weekly support at 181.
• The BOJ’s tightening policy is strengthening the Yen, adding downward pressure on GBP/JPY.
• A break of the daily order block at 190 confirms further bearish momentum.
Technical Breakdown – Weekly & Daily Insights
• Moving Averages & Trend Analysis:
• After nearly two years, the 20 EMA has crossed below the 50 SMA on the weekly timeframe, signaling a potential larger correction.
• Ichimoku Cloud: Price is below the cloud, conversion line, and baseline, reinforcing bearish sentiment.
• Volume & Momentum Indicators:
• Volume Profile: Next high-value node (HVN) at 181, making it a critical level.
• RSI (Weekly): 42.02 – Bearish, rejected off its moving average at 194.
• MACD: Deep red, confirming momentum to the downside.
• ATR: Increased volatility but below its 20 EMA.
• OBV: Shows clear signs of volume leaving the market.
• ADX: Negative DMI is above positive DMI, ADX at 15.65, indicating a weak bearish trend for now.
• Contrarian Put-Call Ratio Analysis:
• On January 13th, the ratio was below the lower band, suggesting traders had overloaded on calls, a contrarian signal for a bearish move.
Lower Timeframe Market Structure – Daily & 4H
• Retracement Levels:
• Price has reached the 0.618 retracement level. A key question remains: Will this level provide support, or do we move toward 185?
• A break below 169 would invalidate the larger bullish structure since 2023, confirming a longer-term bear market.
• Daily Timeframe Insights:
• Descending Channel: Price has reacted off the lower boundary.
• Bollinger Bands: Price has not entered the upper band since January 8th, indicating sustained weakness.
• Key Support Levels: 188.995 has been broken, confirming further downside potential.
• Order Blocks: 190.668 bullish order block has been broken, confirming a structural shift toward bearish momentum.
Macro & Fundamental Outlook
• Yen Strength: Safe-haven flows and BOJ policy shifts support a continued JPY appreciation.
• Political Uncertainty: With Trump returning to the White House, geopolitical risks and uncertainty will favor the Yen as a safe-haven asset.
• Liquidity Considerations:
• Volume is light below 190, meaning moves could be quick and violent.
• Traders using high leverage should proceed with caution.
Intraday & Countertrend Considerations
• 4H & 2H Timeframe Analysis:
• 4H RSI at 29.17 – Oversold but no strong reversal confirmation yet.
• MACD deep red; ATR shows increased volatility.
• 2H ADX at 40.22, indicating strong downward momentum, though momentum exhaustion may be approaching.
• Potential Counter-Long Trade:
• 188 region could provide a short-term bounce, aligning with a historical pivot point from December 3rd.
• For those taking counter-trend longs: Risk should be kept at 0.5%.
• Stop-loss and take-profit strategy: TP could align with the bullish OB and descending channel retest near 190.6.
Final Thoughts
Key Takeaways
• Next Major Target: 185 (Daily Order Block), potential move to 181 if breakdown continues.
• Bearish Confirmation: Break below 100 SMA & Weekly Ichimoku Cloud.
• Yen Strengthening Due to BOJ Policy & Risk-Off Sentiment.
• No Signs of Bullish Reversal Yet – Counter-trend trades should be approached with caution.
Trade smart. Stay ahead.
GBPJPY short on Regression Break DownwardsGBPJPY has move into a short bias as the JPY gains against all pairs yesterday.
I will not take this position has there are other options to review.
GBPJPYOn February 6, 2025, Bank of England (BoE) Governor Andrew Bailey spoke after the BoE Monetary Policy Committee decided to cut the Bank Rate by 0.25 percentage points, bringing it down to 4.5%
Key Points from Bailey's Remarks:
Rate Cut Justification: The cut was made due to the progress in reducing inflationary pressures in the UK economy, allowing for a less restrictive monetary policy.
Future Rate Cuts: Bailey indicated the possibility of further rate cuts as the disinflation process continues, but these will be assessed "meeting by meeting".
Inflation Outlook: Inflation is expected to increase to around 3.7% this year before returning to the 2% target. The Bank Rate will be set to ensure this happens sustainably.
Economic Activity: The UK economy has been weaker than expected, and GDP growth is projected to be notably weaker in the near term before picking up.
Tariff Impact: Bailey acknowledged that the UK couldn't avoid the impact of potential U.S. tariffs, even if not directly targeted2. He noted that if tariffs lead to a fragmentation of the global economy, it would not be beneficial for growth.
Gradual and Careful Approach: Bailey emphasized a gradual and careful approach to withdrawing monetary policy restrictiveness, citing increased uncertainty and risks to inflation1.
Dovish Reaction: Bailey cautioned markets against overreacting to the policy vote.
Uncertainty: The outlook for the British economy remains uncertain.
MPC Split: Seven of the nine members of the Monetary Policy Committee (MPC) supported the 0.25 percentage point decrease, while two advocated for a more substantial cut of 50 basis points.
GBPJPY will correct the long bearish drop tomorrow and hopefully before the end of the month come to my demand floor.
