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British Pound / Japanese Yen

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GBPJPY trade ideas

GBP/JPY Daily AnalysisThe daily chart shows price is making higher highs and higher lows since price bottomed out at circa 187.00 in February this year. The moving averages are bullish with angle and separation showing a strong trend. With price back at the 8 EMA (black line), we may see a change of sentiment on the smaller time frames if it acts as support. Failing that, we could see price test the 20 EMA (blue line) before buyers come back in (assuming the bullish trend isn't over). Targets for longs could be the resistance trendline as shown in the image.
by FusionMarkets
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. 🚫 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. 🎯 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. 📊 Risk Management: As always, proper risk management is crucial. Ensure that the position size aligns with your trading plan, and avoid over-leveraging. 🔒 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. 📰 Disclaimer ⚠️ 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. 📢
Short
by fxtraderanthony
GBPJPY BULLISH OUTLOOK WITH DEFINED RISK *GBP/JPY Trade Opportunity: Bullish Outlook with Defined Risk* A potential buying opportunity has emerged in the GBP/JPY currency pair, with a defined risk management strategy in place. *Trade Setup:* - *Buy*: 192 - *Take Profit (TP)*: 197 - *Stop Loss (SL)*: 190 This trade setup is based on a bullish outlook for the GBP/JPY pair, driven by both technical and fundamental factors. *Fundamental Analysis:* The British pound (GBP) has been gaining strength against the Japanese yen (JPY) due to: 1. *Interest Rate Divergence*: The Bank of England (BoE) has maintained a hawkish stance, while the Bank of Japan (BoJ) continues to pursue a dovish monetary policy. This divergence in interest rates has created an attractive carry trade opportunity. 2. *Economic Growth*: The UK economy has shown resilience despite Brexit uncertainties, while Japan's economic growth remains sluggish. 3. *Trade Tensions*: The ongoing trade tensions between the US and China have led to a decline in the value of the yen, making it an attractive currency to sell against the pound. *Technical Analysis:* From a technical perspective, the GBP/JPY pair has broken out of a consolidation range and is now trending upwards. The relative strength index (RSI) is below 70, indicating that the pair is not overbought yet. *Risk Management:* To manage risk, a stop loss has been set at 190, which is below the recent swing low. This will limit potential losses if the market moves against the position. *Conclusion:* The GBP/JPY trade setup offers a bullish opportunity with defined risk. The combination of interest rate divergence, economic growth, and trade tensions provides a solid fundamental basis for the trade. Keep your best wishes to the Travis 👍
Long
by Expert_Travis
GBP/JPY Price Action Update📊 GBP/JPY Price Action Update 🎯 🔹 Current Price: 195.216 🔹 Timeframe: 15M 📌 Key Support Levels: 🟢 194.84 - 194.91 (First Demand Zone) 🟢 194.503 (Second Demand Zone) 🟢 194.133 (Third Demand Zone) 📈 Bullish Scenario: If price respects the 194.84 - 194.91 demand zone, we may see a bounce towards 195.500+. A break above 195.500 could push GBP/JPY toward new highs. 📉 Bearish Scenario: If price breaks below 194.84, the next key supports are 194.503 and 194.133. A rejection from 195.500 resistance could send price lower to test these demand zones. ⚡ Trading Tip: Look for confirmations before entering buy/sell trades. Watch for bullish rejection at demand zones for long positions. Sell near resistance with bearish confirmation. #GBPJPY #ForexTrading #SmartMoney #PriceAction #TechnicalAnalysis #ForexSignals
Long
by FXFOREVER_87
Bullish momentum to extend?GBP/JPY is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 193.69 Why we like it: There is a pullback support level. Stop loss: 193.46 Why we like it: There is an overlap support level. Take profit: 197.49 Why we like it: There is a pullback resistance that lines up with the 61.8% Fibonacci projection. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
(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
Long
by FXFOREVER_87
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.
by TradeNation
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.
Short
by BossManXO
GBP/JPY "The Dragon" Forex Bank Bullish Heist Plan(Scalping/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Thieves, 🤑 💰🐱‍👤✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/JPY "The Dragon" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red MA Level. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise to Place buy limit orders within a 15 or 30 minute timeframe most nearest or swing, low or high level. Stop Loss 🛑: 📌Thief SL placed at the nearest/swing low or high level Using the 4H timeframe (192.000) Day/scalping trade basis. 📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 198.000 (or) Escape Before the Target 🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. GBP/JPY "The Dragon" Forex Bank Heist Plan (Day / Swing Trade) is currently experiencing a bullishness,., driven by several key factors.👇 📰🗞️Get & Read the Fundamental analysis, Macro Economics, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook, Positioning and future trend target... Before start the heist plan read it...go ahead to check 👉👉👉🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
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
Short
by EA_GOLD_MAN_COPY_TRADE