GBPJPY Possible ScenarioThe head and shoulders pattern is nearing completion, signaling that this pair is poised for a bullish move. The price's reaction at the neckline is crucial. From a broader perspective, GBPJPY is rebounding from a long-term channel, and on the 4-hour timeframe, it has broken through a downward channel. These indicators collectively suggest a strong signal to prepare for opening a long position
GBPJPY trade ideas
GBPJPY Will Go Down! Short!
Here is our detailed technical review for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 191.536.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 188.947 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPJPY Price ActionHello Traders,
GBPJPY Update
As you can see, I’ve marked the 50% retracement level of the recent high and low (green point). The first move didn’t respect this 50% zone, which is why the second move gained strength and turned the 50% level into a support area. Additionally, we can observe liquidity building up above this zone.
If we see strong bullish momentum, we’ll look for a long opportunity. Always remember to manage your risk carefully. For precise entries, use lower timeframes like the 5M or 15M.
Wishing you all the best and happy trading!
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(GBPUSD) trading signals technical analysis satup👇🏼
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) 👇🏼
ENTRY POINT (191.450) to (191.400) 📊
FIRST TP (191.600)📊
2ND TARGET (191.800) 📊
LAST TARGET (192.000) 📊
STOP LOOS (191.000)❌
Tachincal analysis satup
Fallow risk management
GBP/JPY "The Guppy" Forex Market Bullish Heist Plan🌟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 Guppy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits wealthy and safe trade.💪🏆🎉
Entry 📈 : "The heist is on! Buy above (193.000) then make your move - Bullish profits await!"
however I advise placing Place Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑:
Thief SL placed at the recent / nearest low level Using the 2H timeframe (190.000) swing trade basis.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
1st Target - 197.000 (or) Escape Before the Target
Final Target - 202.000 (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 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
🎇GBP/JPY "The Guppy" Forex Market is currently experiencing a bullish trend,., driven by several key factors.
⭐Market Overview
Current Price: 191.300
30-Day High: 195.500
30-Day Low: 185.000
30-Day Average: 190.000
Previous Close Price: 191.000
Change: 0.300
Percent Change: 0.16%
⭐Fundamental Analysis
Economic Indicators: The UK's GDP growth rate is expected to slow down to 1.4% in 2025, while Japan's GDP growth rate is expected to remain steady at 1.2%.
Monetary Policy: The Bank of England is expected to maintain its interest rates at 0.1% in 2025, while the Bank of Japan is expected to maintain its interest rates at -0.1%.
Trade Balance: The UK's trade balance is expected to remain in deficit, while Japan's trade balance is expected to remain in surplus.
Inflation Rate: The UK's inflation rate is expected to rise to 2.5% in 2025, while Japan's inflation rate is expected to remain steady at 1.5%.
⭐Macro Economics
Global Economic Trends: The ongoing global economic recovery is expected to drive up demand for the GBP, driven by increasing investor confidence.
Inflation Rate: Global inflation is expected to rise to 3.8% in 2025, potentially increasing demand for the GBP as a hedge against inflation.
Interest Rates: Central banks are expected to maintain low interest rates in 2025, potentially increasing demand for the GBP.
Commodity Prices: Commodity prices are expected to rise by 5% in 2025, driven by increasing demand for raw materials.
⭐COT Data
Non-Commercial Traders (Institutional):
Net Long Positions: 55%
Open Interest: 100,000 contracts
Commercial Traders (Companies):
Net Short Positions: 35%
Open Interest: 50,000 contracts
Non-Reportable Traders (Small Traders):
Net Long Positions: 10%
Open Interest: 10,000 contracts
COT Ratio: 1.6 (indicating a bullish trend)
⭐Sentimental Outlook
Institutional Sentiment: 60% bullish, 40% bearish.
Retail Sentiment: 55% bullish, 45% bearish.
Market Mood: The overall market mood is bullish, with a sentiment score of +40.
⭐Technical Analysis
Trend: The GBP/JPY pair is experiencing a strong downtrend, with the market respecting the 20-period Weighted Moving Average (WMA) as dynamic resistance
Key Levels: Support Zone: 187.500 - 187.334, Resistance Zones: 188.414 & 190.021 - 190.313
Target: 189.87, with a potential further decline to 186.2
⭐Next Move Prediction
Bullish Move: Potential upside to 195.000-197.000.
Target: 197.000 (primary target), 202.000 (secondary target)
Next Swing Target: 202.000 (potential swing high)
Stop Loss: 185.000 (below the 30-day low)
Risk-Reward Ratio: 1:2 (potential profit of 5.700 vs potential loss of 2.850)
⭐Future Data Summary
1-Day: -0.03%
5-Days: 0.80%
1-Month: 0.68%
6-Months: 0.55%
Year-to-Date: -2.84%
1-Year: 1.04%
5-Years: 33.90%
⭐Overall Outlook
The overall outlook for GBP/JPY is bullish, driven by a combination of fundamental, technical, and sentimental factors. The expected increase in global economic growth, growing demand for the GBP, and bullish market sentiment are all supporting the bullish trend. However, investors should remain cautious of potential downside risks, including changes in global economic trends and unexpected regulatory developments.
⚠️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
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
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Gbpjpy still bearishMy last analysis was looking for an entry around 193.20. Price doesn’t seem like it wants to hit that area. (Reference d1). Looks like a bull flag has been made but our first wave is showing a bearish exit. I’m in the trade short already looking to break our previous low. Good luck out there!!
GBPJPY Bouncing off Failed Swing LineHi Traders!
GJ had a nice push to the upside reaching 193.000 making a new HL on the 4HR TF. Right now, price is pulling back bouncing off the Failed Swing line. If price broke below 191.000 with continuation, then I'd look to sell to the 4HR CHOCH area around 190.000. However, price isn't telling me that it wants to go lower. In addition, the candles printing on the Daily are smaller and not closing below 191.000 so that could indicate that price may push to the upside.
If GJ can give me more confirmation that it'll have the momentum to push past 193.000, then the inverted head and shoulder pattern might play out. I'd like to see more of a strong bullish close above 192.000 on a higher TF for me to think about a buy.
Lets see if GJ will come through for us, and give us a nice set up!🫡
SELL ON GBPJPYFirst trade of the week will be a possible 1:9RRR on GBPJPY. The pair seems to be aligning back to the bearish move on the Monthly time frame after tapping into the 61.8fib area twice.
Currently the pair is giving us series of LH and LL. Waiting for a pull back into the 61.8fib which also aligns with the descending trendline will give us a sell confirmation.
#GBPJPY 4HGBPJPY (4H Timeframe) Analysis
Market Structure:
The price is currently testing a key support level, indicating potential buying interest. If the support holds, buyers may step in to push the price higher, leading to a possible bullish move.
Forecast:
A buy opportunity may arise if the price shows signs of rejection at the support level, confirming that buyers are defending this area.
Key Levels to Watch:
- Entry Zone: A buy position can be considered if the price holds above the support level and shows bullish confirmation.
- Risk Management:
- Stop Loss: Placed below the support level to manage risk.
- Take Profit: Target higher resistance zones where price may face selling pressure.
Market Sentiment:
The support level is a key area where buying pressure may increase. Confirmation through bullish price action will provide more confidence in a potential upward move.
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.
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(GBPUSD) trading signals technical analysis satup👇🏼
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) 👇🏼
ENTRY POINT (191.450) to (191.400) 📊
FIRST TP (191.600)📊
2ND TARGET (191.800) 📊
LAST TARGET (192.000) 📊
STOP LOOS (191.000)❌
Tachincal analysis satup
Fallow risk management
GBP/JPY: Persistent Bearish Pressure Amid Recovery AttemptsThe GBP/JPY pair has shown recent volatility, attempting a rebound to 188.00 on February 10, breaking a three-day losing streak after hitting the weekly low at 187.00. The Bank of England’s dovish monetary policy, including the recent rate cut, has worsened the bearish sentiment on the pound, while downward revisions in the UK's growth forecasts have further weakened the GBP. Despite recovery attempts above 190.00, economic uncertainty and the central bank's negative outlook keep the risk of further declines high. The price is near a daily FVG, with potential liquidity grabs within and around the 0.62% Fibonacci level before resuming its downward movement.