Gbpjpy short ideaGBPJPY will have a short for a brief moment followed by a long that will overpass the amount the short has covered
GBPJPY trade ideas
SSL Sweep on GBPJPYLike you see on M15 price collect the demand zone and forms a Sell side liquidity setup (SSL) and make a market stucture shift (MSS). I will take a long position at Block breaker (BB) and targeting the nearest Buy side liquidity (BSL) for take profit. That’s all and goodluck!
GBPJPY Short on Regression BreakGBPJPY has broken the uptrend over the holiday period.
May need more time to develop a trend as volumes will return today.
GBPJPY is Holding above the Support , All Eyes on BuyingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY TRADE SETUPWait for retest the key level then take a trade for Sell otherwise skip this setup
GBPJPY Technical AnalysisI have analyzed the GBPJPY currency pair and identified a clear bearish trend. Based on my analysis, the price is likely to decline further, with a target level marked by my horizontal line. This zone represents a critical support level where the price might consolidate or reverse.
Given the current market conditions, this is an optimal time for short positions. Traders can capitalize on short buying and selling opportunities as the price moves toward the projected limit. Proper risk management is essential to navigate potential volatility.
possible upside with target for gbpjpylooking from higher timeframe gbpjpy can be seen hitting the 0.618 fib level inline with demand zone and break and retest on trendline. following the patch of higher highs and higher lows and using fib extension. we can see 100% fib extension is inline with the current channel.
GBPJPY - 4H Bearish ContinuationStrong bearish trend - market printing LHs and LLs. Price may retrace to Fib levels of 0.618 and go further down.
GBPJPY | Long ideaJPY pairs have been going on a bullish ride and I expect it to keep going. I am looking for a drop in the zone (green arrow) before I would be interested in a long position. To be honest I don't even think it is going to get there, it might go flying instead of dropping first.
Anyway, let me know what you think!
Trend Trade - GPBJPYDouble top on Daily chart. Bearish engulfing candle.
Looking for confirmation on a 1min after market open to see the Role reversal play from previous low 195.75.
Support 194.90 - first target
watch for a HL off this area potentially more downside to see 194.09.
GBPJPY MOVED BEARISH WITH BULLISH STRUCTURE STILL IN PLAY Week 1LAST WEEK FORECAST
"So keep following structure bullish this week, until structure flips"
HAPPY NEW YEAR EVERYONE. last week was beautiful for GJ as price retraced back to the origin demand zone and I joined in the pullback with 2 positions after the internal structure flipped.
I'm still looking for Buys until the last origin demand is broken for sells.
FUNDAMENTALS still favours the pounds.
Chart : GBP/JPY
Harmonic Analysis:
The GBP/JPY chart clearly shows a "Shark Pattern," with the D point nearing completion at the 197.1 to 197.5 zone.
This Shark pattern suggests that if the D point is reached, the market might face a downward move or reversal.
Opportunities and Risks:
Opportunity: If GBP/JPY reaches 197.1-197.5 (the D point), a reversal to the downside could occur.
Risk: If the price breaks above 197.5, the Shark Pattern might fail, leading to further bullish momentum.
Recommendation:
Wait for GBP/JPY to reach the 197.1-197.5 zone before taking any action. If the market reverses at this level, it could provide a good opportunity to short the market.
Conclusion:
GBP/JPY: Watch for the Shark Pattern completion (197.1-197.5).
Bullish Order flow, Looking for CLS to from in discountBullish Order flow, Looking for CLS to from in discount around this level.
you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps to become better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Intraday SELL Level - GBPJPY 197.006A solid intraday level for profit-taking: entry at 197.006, targeting 196.71. Feel free to reach out if you have any questions!
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame)
While the price is below the resistance 199.79, resumption of downtrend is expected.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
Trading suggestion:
Price rejected from Trend Hunter Sell Zone (198.42 to 199.79). We are going to open 8 sell trade based on these Take Profits:
Take Profits:
196.00
193.51
191.88
189.47
186.23
182.78
178.41
Short Term forecast: (H4 Time-frame)
The Uptrend is broken, and the price is in an impulse wave.
Correction wave toward the Sell Zone.
Another Downward Impulse wave toward Lower TPs.
SL: Above 199.79
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GBPJPY Potential DownsidesHey Traders, in the coming week we are monitoring GBPJPY for a selling opportunity around 195.700 zone, GBPJPY is trading in a downtrend and currently is in a correction phae in which it is approaching the trend at 195.700 support and resistance area.
Trade safe, Joe.
GBPJPY long DXY longLast week was a big week for GBP with interest rate freezing at 4.75%, although 3 members voted to reduce the rate instead of the forecast 1, core inflation has slowed up but still remains too high for now. The labour market proved to be balanced.
UK's major issue still lingering is the governments autumn budget which has a lot of data to collect before we see the measure of their changes.
Japan is showing high interest rates relative to the norm, but also boasts high economic growth with the annoyance of high labour costs.
The move last week after the interest rate announcement will be completely retraced before the next move up.
Another factor is the DXY which relative to the JPY moves inversely.
DXY since the US election has been bullish and I can see it continuing, last week we saw a correction due to PCE data and now we have a free rein.
GBPJPY long with targets of 199, 201, 204 support right now is 196.6, a move direct from here would be extremely bullish and a quick move back to 198-199. If we move lower than 196 invalidates my thesis.
Idea is based around DOL at 199, trend continuation with fib 1.618 and FVG at 201. Support was prior news resistance level.
This is not financial advice for anyone, its solely my take on predicting the next move for GBPJPY.
happy holidays
Quick BUY or SELL: GBPJPYI'm looking at these 2, depending on which way it leans to.
I Will wait and keep you guys updated.
Our Job is to be able to react to the market.
(even if these areas are hit I will need one final confirmation.)
GBP/JPY Bullish BiasFactors Supporting the Bullish Bias
1. Monetary Policy Divergence (Strong):
• The Bank of England (BoE) maintains a relatively hawkish stance with a 4.75% interest rate, while the Bank of Japan (BoJ) continues its ultra-dovish monetary policy.
• The significant yield differential between GBP and JPY creates strong support for GBP/JPY, especially as global investors seek higher returns.
2. Economic Growth Advantage (Moderate):
• The UK economy is showing resilience with stable GDP growth, strong consumer spending, and a robust labor market.
• Japan’s economy remains weak, with GDP forecasts downgraded to ~1.0% for FY2025, largely due to rising import costs and stagnant domestic demand.
3. Inflationary Pressure in the UK (Strong):
• Persistent inflation in the UK forces the BoE to maintain restrictive monetary policies, which supports GBP strength.
• In contrast, Japan’s inflation is subdued, justifying BoJ’s accommodative stance and limiting JPY strength.
4. Political Stability in the UK (Moderate):
• Post-Brexit stabilization enhances the pound’s appeal compared to Japan’s economic policy struggles, but the impact is not overwhelmingly strong.
5. Risk-On Sentiment (Variable):
• A bullish GBP/JPY bias is often tied to global risk-on sentiment, where investors prefer higher-yielding currencies like GBP. However, this factor can shift quickly with geopolitical or macroeconomic developments.
Factors That Could Weaken the Bullish Bias
1. Risk-Off Sentiment (Weakens Bias):
• In periods of heightened geopolitical tension or global economic uncertainty, JPY strengthens as a safe-haven currency. If such conditions arise, they could temporarily cap GBP/JPY gains.
2. Market Overextension (Limits Momentum):
• GBP/JPY has already experienced a strong rally in recent months. Markets could see profit-taking or technical corrections, which may slow further bullish momentum.
3. Upcoming Data Risks (Neutral to Weakens Bias):
• UK GDP data (January 5, 2025): Any significant downside surprise could weaken GBP temporarily.
• Japan inflation (January 6, 2025): A higher-than-expected inflation reading could fuel speculation of BoJ tightening, which would strengthen JPY.
GBP/JPYHello friends, happy new year everyone, my first idea for the new year is GBP/JPY model. the market is in a very nice position and I expect the market to come to our breakout zone and react with a bearish candle stick and close in the sell position and I expect the market to fall
GBPJPY Sell/Short SignalGBPJPY looks like a sell on the D1 and has been moving steadily down from the last entry we took. We are looking for a nice slide downward movement with key levels I marked on the chart. Last few patterns that have played out created a double top and a clear indication of an M formation to complete the full double bottom. I would like to see levels 192, 188, and 183 touch for a long term swing trade period, however, you are able to close when you wish to do so. Please be advised to use cautionary risk/reward ratios and what suits you best. If you have any questions, please feel free to message me as I love to answer questions! Thanks! Happy New Years to all! We are officially BACK!
ENTRY: 195.284 (can enter in these levels)
TP 1 (Day Trade): 192.020
TP 2 (Swing Trade): 188.006
TP 3: (extended swing trade) 183.762
SL: 50 Pips from entry
Please message me if you have any questions! Please enjoy your day and be sure to follow our page!
194.38 minimum for our favorite GBPJPY YAYep, see the chart the two lines show the anchor point at the top and at the bottom it shows that it went 67 pips downward, which is perfect. Trust me perfect and if you like that idea when you’re taking the family across the country on vacation that family truckster is the thing you want.
