GBPJPY trade ideas
GBPJPYHere we have GBPJPY a potential short setup. I can see price coming back up around that AOI and then pushing lower forming a head and shoulders on the 1hr. We also have some confluences like all timeframes in sync, a round psych level , price being at the AOI, rejections around that AOI, and also the switch of structures. Just awaiting price action now.
GBP/JPY short on 30MCurrently we are still in the bearish market and price have recently touched and reacted to 4hr fvg. right now price failed to make a HH and formed LH instead so I am looking for short right here. SL is put above the LH formed so if market reverses it will prevent account from further loss.
Entry-190.1-190.2
SL- 190.5
Tp1-189.5(strong support)
Tp2-188.9
Tp3-188.6
Potential Reversal or Breakout on GBP/JPY 4HThe market recently broke structure (BoS) to the upside, indicating a shift in momentum. Price is currently approaching a key bearish fair value gap (FVG) and a bearish order block, both of which are potential resistance levels.
The EMA 200 is positioned above the price, further reinforcing bearish bias unless price decisively breaks above the FVG and order block.
Sell-Side Indication:
The presence of a Bearish Order Block and Bearish FVG (Fair Value Gap) indicates potential selling pressure. If price reacts strongly to these resistance zones, it could trigger a sell-off. This aligns with a bearish outlook if rejection occurs.
Buy-Side Indication:
If price breaks above the Bearish Order Block and sustains above the EMA 200, it could signal a continuation of bullish momentum, favoring buyers.
gbpjpy longwelcome
here is my gbpjpy long idea.
market is overall bearish, but on weekly tf market showed higher lows and higher highs which can stand for momentum shifting and lead to bullish moves.
i decide to follow what my best partner the market, likes to do and stay and stick with it.
very excited to see whats going to happen, very thankful to be part of it.
lets see how it plays out.
Elliott Wave View on GBPJPY Looking to Extend Lower in Wave 5Short Term Elliott Wave view in GBPJPY shows the decline from 12.30.2024 high is in progress as a 5 waves impulse. Down from 12.30.2024 high, wave 1 ended at 195.72 and wave 2 rally ended at 198.25. Pair has resumed lower in wave 3 towards 190.06 as the 30 minutes chart below shows. Wave 4 unfolded as a zigzag Elliott Wave structure. Up from wave 3, wave ((a)) ended at 192.91, wave ((b)) ended at 191.46 and wave ((c)) ended at 193.05. This completed wave 4 in higher degree.
Pair has turned lower in wave 5. Down from wave 4, wave (i) ended at 191.21 and wave (ii) ended at 192.4. Wave (iii) lower ended at 189.6 and wave (iv) ended at 190.2. Final leg wave (v) ended at 189.323 which completed wave ((i)) of 5. Pair corrected higher in wave ((ii)) with internal subdivision of a double three. Up from wave ((i)), wave (w) ended at 190.61 and wave (x) ended at 189.87. Final leg wave (y) ended at 192.01 which completed wave ((ii)) in higher degree. Near term, as far as pivot at 193.05 high stays intact, expect pair to extend lower.
This is a chart of GBPJPY (British Pound to Japanese Yen) what I’m seeing here is a clear bullish breakout setup. Let me explain what’s happening:
Wave Patterns:
As you can see, the price initially dropped significantly from a higher level, but it’s now showing signs of recovery. This movement has formed a triangular consolidation pattern, which is highlighted by the yellow trendlines.
Trendlines (Yellow Lines):
These yellow lines show the market was in a downward trend earlier, but now the price is trying to break above the upper trendline. If it succeeds, that would confirm a bullish breakout, meaning the market is likely to continue rising.
Bullish Momentum:
Right now, the price is building strength, and buyers are starting to take control of the market. If the breakout happens, we could see a strong bullish move to higher levels.
Levels to Watch:
If GBPJPY breaks above the upper yellow line, I expect the price to climb towards 192.500 and possibly even reach 195.000 or beyond.
However, if the price fails to break out and reverses, it might retest the lower yellow line of the triangle.
Pattern Name:
What we’re seeing here is called a Bullish Breakout Triangle, a strong signal that the price is preparing for a move upward after a period of consolidation.
In conclusion, this chart shows that GBPJPY is currently in a bullish structure, and if the breakout happens, it’s likely to head much higher in the coming sessions
GBPJPY sell ideaBreak and retest, below the cloud. SL placed a bit risky but doesnt make RR wise sense otherwise. Using low risk and might close at 1:1RR
GBP/JPY $$$
we can expect more long till the 4h tf zone
when price tapped the 4h zone take 15m tf confirmation then take another confirmation in 15m zone for entery
GBP/JPY BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Bearish trend on GBP/JPY, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 188.731.
✅LIKE AND COMMENT MY IDEAS✅
Trade-Uni.com SELL GBPJPY 192.500Price action resists solidly at the 200-day ema and with new bearish momentum we expect prices to move lower.
We have some high impact PMI figure due out this morning in the UK so one to watch for sure.
Keep focused and online in the discord channel for live analysis and updates everyday.
GBPJPY BUY PROJECTION As we can see price was in an uptrend but broke out and went bearish, so I expect price to respect that demand zone and go long before going short
GBPJPY DailyThe B Boyz have decided last Friday (01/24/2025) that the price Will go UP
From NOW 194.594 ———>197 ——>198 ——> 203 ——> 205.
So I’m going to be taking LONGS until it gets to 197.
IamNYRT.
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.
Bullish pullbackPound Yen is currently pulling back to the upside, as price action managed to break 192.000 with a motive to rest above this zone. If it does, the pair will likely test the above resistance barriers, which may halt the incoming (potentially) bullish pressure as time progresses.
Failure to settle above 192.000 may see continued falling of the pair.
LONG ON GBP/JPYGJ Has giving us a beautiful setup with a falling channel at a major demand zone.
Nice breakout and retest. Its time for it to fly.
The jpy index is also at a major resistance zone and looks like it will fall.
All the xxx/jpy pairs will rise this week coming.
Take advantage!
GBPJPY4H time frame price fallow the trend line with bulish divergence .
my entry at last LH berakout.
Buy 193.620
Stop Loss :189.097
Take Profit:198.207
RRR 1:1
GBPJPY Sell/Short Signal 2In continuation of GBPJPY downtrend we have officially smashed through the first TP without any issues and a smooth come down on what we have seen in previous days highs that could not sustain. I still see this going down to the second TP then go all the way down to the third TP completing the entire targets range we have analyzed to make. Please be sure to use proper risk management and as well proper caution on how much you leverage for all your trades. Thanks for stopping by to see our charts!
