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GBPJPY trade ideas

"GBP/JPY Short Trade Analysis – Successful Take Profit ExecutionThis is a GBP/JPY (British Pound/Japanese Yen) 1-hour chart from TradingView, showing a short trade setup with take profit (TP) levels and stop loss. Key Observations: Entry Point (Red Arrow) The trader appears to have entered a sell (short) position at a resistance level, marked by the red arrow. Price was likely rejected at this level, signaling a potential downward move. Stop Loss (Red Box - Upper Zone) The stop loss is placed above the entry point, at 192.386. If the price moves above this level, the trade will be closed at a loss. Take Profit Levels (Blue Lines) TP1 (~190.750): First target for partial profit-taking. TP2 (~190.000): Second target for further downside move. Final TP (~189.275): If the price reaches this level, the trade will be fully closed in profit. Trade Outcome The chart annotation suggests that all TP levels were hit, meaning the price successfully moved downward after entry. The trader made a successful short trade and secured profits. Market Structure & Strategy: The price initially moved up, but failed to break resistance, leading to a bearish rejection. The trader likely identified this as a liquidity grab or false breakout, then entered a short position. The price dropped and hit all take profit levels, confirming the trade's success. Conclusion: This was a well-planned short trade with proper risk management. The risk-to-reward ratio looks good, with potential reward outweighing risk. The trade was executed based on technical levels (support/resistance) and price action.
Short
by KingProTrader
GBPJPY A Fall Expected! SELL! My dear friends, Please, find my technical outlook for GBPJPY below: The instrument tests an important psychological level 191.67 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 190.34 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBP/JPY Bullish above 189.14 levelKey Trading Level: 189.14 Bullish Scenario: The overall sentiment remains bullish, supported by a breakout above the longer-term prevailing downtrend. The recent price action suggests an oversold consolidation, potentially retesting the breakout zone at 189.14. A bullish reversal from this level could reinforce the uptrend, targeting 190.60 as the next resistance, followed by 191.75 and 192.52 if upward momentum continues. Bearish Scenario: A confirmed loss of the 189.14 level and a daily close below it would invalidate the bullish outlook, signaling a potential reversal. In this case, downside targets include 187.93 as the first support level, with further declines extending toward 187.24 and 186.50 if selling pressure intensifies. Conclusion: The 189.14 level is a key pivot point for the next move in GBP/JPY. A successful retest and rebound could sustain the bullish trend, while a breakdown below this level would shift momentum in favor of the bears. Traders should closely watch price action around 189.14 for confirmation of the prevailing trend. 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.
by TradeNation
GBPJPY: Expecting Bullish Continuation! Here is Why: Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPJPY pair which is likely to be pushed up by the bulls so we will buy! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ❤️ Please, support our work with like & comment! ❤️
Long
by UnitedSignals
1
How useful is volume in Forex?Well VERY is the answer. You can see how how recent spikes in volume on the GBPJPY daily chart have preceeded some signifcant moves. Remember the spike usually occurs on a bar opposite to the direction of the subsequent move - this is to be expected as large funds etc buy on downbars and sell on upbars. If you use this for nothing else other than getting a general bias for direction, it can signifcantly stack the odds in your favour in certain markets especially when a short- or longer-term trend change is imminent.
by aj1162
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
Long
by syomking76418
GBPJPY - More downside?GBP/JPY appears to be in a potentially bearish setup after recently testing resistance. The chart shows that price has formed a significant consolidation zone with clear upper and lower boundaries marked by the red horizontal lines. After making a recent high, the price seems to be struggling to break above the upper resistance zone highlighted by the pink box. The long downward-pointing red arrow marked on the chart is our highest probability move that we anticipate right now. Given the recent price action and failure to establish new highs above resistance, the higher probability move is likely downward. This bearish outlook is supported by the apparent double top formation near the resistance zone and the pronounced selling pressure that has emerged after testing these levels. Traders should watch for a potential breakdown below recent support levels, which could accelerate the downside move toward the lower boundary of the range as indicated by the arrow's trajectory. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by financialflagship
GBPJPY | bullish trend A consolidation the trend line breakout?📢 GBPJPY Price Forecast: Bullish Momentum Ahead! 🚀💹 GBPJPY is consolidating near a key trendline, indicating strong bullish potential! A breakout from this level could confirm a high-probability trend continuation. 📍 Trading Plan: 🔹 Buying Entry: 189.500 🎯 Target 1: 191.000 🎯 Target 2: 192.000 🎯 Target 3: 193.000 🛑 Stop Loss: Implement strict risk management! ⚡ Pro Traders Tips: ✅ Stick to the strategy ✅ Manage your risk wisely ✅ Stay disciplined for long-term success 📲 Like, Comment & Follow for real-time market updates, expert trade setups, and profitable strategies. Let’s win together! 🔥📊
Long
by Jack-Mastermind
GBP/JPY Potential Bullish Breakout – Key Levels to Watch: 📉 Descending Trendline Breakout Setup The price has been in a downtrend, following a descending trendline. It is currently testing this trendline with signs of potential breakout. 📊 Key Support & Resistance Zones Support Zone (~187.5 - 189.0): Price has bounced multiple times from this area. Resistance Zones (~192.5 & ~200.0): First target is around 192.5, then 200.0 if momentum continues. 📈 Possible Bullish Scenario If price breaks the trendline and holds above 192.5, we could see an upward push towards 200.0. The expected move follows the drawn path: breakout → retest → continuation. ⚠️ Risk Factors If the price fails to break above 192.5, it might return to the support zone. A break below 187.5 would invalidate the bullish outlook. Overall, this setup suggests watching for a breakout confirmation above resistance before entering long trades. 🚀
Long
by Jameshead007
GBP/JPY - Long Trade Idea. Hi all, here we are breaking down GBP/JPY Starting from the top we are in a Long Term Bullish movement, we seem to be respecting a Trend Line and Fractals are telling me we will return Bullish back for this trade setup. Internally we have a CHoCH and have been breaking I-BOS since December. Im looking to take out his Buy side Liquidity sitting with EQ tops and Im targeting beyond this Fib Extension. I will play it safe with the stop loss levels sitting it below the Demand zone and also below the Trend Line. I will enter at the 0.78 Level being our OTE zone. Good luck to all the Traders that follow Be sure to follow and comment if you have any questions
Long
by jamesibartram
GBP/JPY - 1H Chart Analysis📊 GBP/JPY - 1H Chart Analysis 🔹 Current Price: 192.168 🔹 Key Resistance Target: 192.987 🔹 Key Support Zones: 191.997 - 191.838 (Potential retracement zone) Fibonacci retracement levels: 0.382 (191.925) 0.5 (191.7335) 0.618 (191.5430) 📈 Bullish Outlook: ✅ Price broke structure (BOS) and filled a fair value gap (FVG). ✅ A retest into the 191.997 - 191.838 area could provide a buying opportunity for a move towards 192.987. 📉 Bearish Risk: 🔻 If price fails to hold above 191.838, deeper retracement towards 191.543 - 191.271 is possible. 💡 Trading Plan: 🎯 Buy Setup: Wait for price reaction at 191.997 - 191.838 with bullish confirmation. 🎯 Take Profit: Target 192.987. 🎯 Stop Loss: Below 191.733 (Fibonacci 0.5 level). #Fxforever #GBPJPY #ForexTrading #SmartMoney #TechnicalAnalysis #FVG #Liquidity #SwingTrading 🚀
Long
by FXFOREVER_87
GBP JPY 1HOUR CHART TECHNICAL ANALYSIS NEXT MOVE POSSIBLE.This is a 1-hour chart of GBP/JPY (British Pound/Japanese Yen) from TradingView, showing a potential sell (short) setup. Here's what it means: 1. Sell Zone Identified – The shaded blue area is marked as a "Sell Zone," indicating a strong resistance level where sellers may take control. 2. Rejection from Resistance – The price reached this zone previously (highlighted in the orange circle) and was strongly rejected, leading to a drop. This suggests a potential repeat of the price action. 3. Bearish Breakdown Expected – The blue arrows indicate an expectation that the price will decline after testing the sell zone. 4. Target Price (Support Level) – The black horizontal line at 188.596 is a potential target for the short trade. This suggests the trader is looking for a bearish move from this resistance area. Are you planning to share this setup with your audience?
Short
by Davidhills_110
1