GBPJPYGBPJPY IS BULLISH. Buy this now and tp 195 and support 192 and consolidation zones.
GBPJPY BUY NOW
GBPJPY trade ideas
GBP/JPY - Can we test previous resistance?GBP/JPY
Potential Sell? 📉
1️⃣ Strong Resistance Rejection & Bearish Indicators
GBP/JPY is facing strong rejection from the key resistance zone at 194.800-194.300, where sellers have historically shown strong interest.
MACD Bearish Crossover suggests increasing downside momentum.
RSI Pullback from Overbought indicates reduced buying pressure and a possible reversal.
2️⃣ UK Economic Uncertainty
UK GDP growth is forecasted to stagnate at 0.2% in Q2 2025, signaling a sluggish economy.
Inflation remains stubbornly high, increasing pressure on the Bank of England (BoE) to maintain restrictive monetary policies.
Consumer confidence is weakening, adding further weight to bearish sentiment for GBP.
3️⃣ Technical Setup Aligns with the Short Trade
Key Resistance Holding: 193.100-192.050 area remains a formidable barrier.
Bearish Divergence on MACD and RSI indicates weakening bullish momentum.
Entry: 194.421
Target: 193.100
SL: 195.500
GBPJPYThe price was moving up, but we did have a choch, a change of character, changing the move to the downside.
GBPJPY Bullish Bias!
HI,Traders !
GBPJPY is trading in an
Uptrend and the pair
Is making a local correction
But will soon hit a horizontal
Support of 192.809 from where
We will be expecting a local
Bullish rebound !
Comment and subscribe to help us grow !
GBPJPY POSSIBLE BUY OPPORTUNITY Price broke out of the resistance level of 194.842 from the intraday perspective. A buy opportunity is envisaged from the current market price. target profit is at 197.295
GBPJPY | 27.03.2025SELL 194.400 | STOP 195.400 | TAKE 193.200 | Retest of this week's local highs. Consider the decline and consolidation of the price below the level of 193.500.
GBPJPY has drawn the "Line in the Sand!"Intraday Update: With the weaker CPI, the GBPJPY slipped from resistance and the budget statement will be out a little later in the session. The GBPJPY has forged key resistance at the 195.00 level as noted all week. While below the risk is for a move back to the 192.00 level now.
Wait for what GBPJPY will act(1H)A support we have low and a resistance above that has been broken.Now we have no choice but to wait and see what the price does later.
I love you! ; )
Trade Recap cw13Quick recap of my two positions this week. GBP/JPY and EUR/AUD. Also covering two positions I'm proud of for not taking them.
Trading balanceTrading balance The price of the asset has rebounded from the balance zone. With the prospect of growth into the resistance zone.
GBPJPY Bullish Breakout Setup – Eyes on 195.000+Structure: Symmetrical Triangle inside Bullish Channel
Analysis:
GBPJPY is currently compressing within a symmetrical triangle formation after a strong bullish rally. Price has pulled back and is respecting the ascending channel and trendline support around 193.900. MACD is flattening, suggesting potential build-up before the next push.
We are watching for a bullish breakout of the triangle, with confirmation via a strong candle close above 194.200 and EMA cross to the upside.
⸻
Trade Plan:
Entry:
Above 194.200 on strong bullish breakout candle (23min or 1H confirmation)
Stop Loss:
193.700 (below triangle structure and trendline support)
Take Profit Targets:
• TP1: 194.667 (recent high + trendline intersection)
• TP2: 195.000 (psychological resistance + channel top)
• TP3: 195.500 (extension play if momentum builds)
Risk/Reward: Approx. 1:2 to 1:3 depending on entry execution
⸻
Confirmation Factors:
• Triangle consolidation nearing breakout point
• Bullish channel still intact
• MACD showing flattening / crossover setup
• Price respecting 50/144 EMA zones
⸻
Invalidation:
If price breaks below 193.700 and fails to hold the ascending structure, bullish bias is off the table for now.
GBP/JPY For Bearishyou can go short now
or
wait for pull-back near by entry point and the go short
general trend i up trend
current phase is pull-back may be finished at target 3
have fun :)
GBPJPY Will Drop Looking from a sentimental trader's perspective you'd realize that the GBP will flop against the jpy... I'm hopping in for a beautiful sell position around 194600 to 194813....
A simple price action trading .... Let's ride together....
GBPJPY- LONGgbpjpy is has been giving strong bulish momentum for the past few days. Technical analysis with price action confirms this. Its at a resistance zone right now but if it breaks above, we can potentially see GJ shoot up. News and fundamentals will be our confirmation before taking any buys.
GBP/JPY shortselling from the strong resistance which is on all TF. There is a lot of FVG down there so I expect price to collect them.
Sl 195
Entry 194.6
TP 193
GBP/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
GBP/JPY pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 191.791 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
GBP/JPY Monthly Chart Analysis We are seeing a classic technical squeeze, with price action moving between two key trendlines:
Green Trendline (Bullish Support): This ascending trendline has been respected since mid-2020, marking a strong uptrend. Each pullback has been met with higher lows, keeping the bullish momentum intact.
Red Trendline (Bearish Resistance): Since late 2023, GBP/JPY has been making lower highs, creating a descending trendline. This forms a clear triangle pattern, signaling indecision and tightening price action.
Current Situation: Price is at a critical point, trading right where the bullish support and bearish resistance converge. A breakout in either direction could signal the next major move:
Potential moves:
Break above the red trendline = Potential continuation of the long-term uptrend.
Break below the green trendline = Possible trend reversal, opening room for deeper downside.
The next few monthly candles will be crucial—watch for strong closes outside the triangle.
POSSIBLE SELL SET UP ON GBPJPYGBPJPY is currently trading inside a triangle , it bounced on the trendline for the third tine around a resistance level .Lets closely watch for a sell opportunity
GBJPY - LongThe GBJPY pair is currently exhibiting a strong bullish trend. The -27% Fibonacci extension level is serving as the breakeven point for the move.
GBPJPY Will Go Higher! Buy!
Here is our detailed technical review for GBPJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 193.677.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 194.756 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY SHORTS IDEAYesterday we fulfilled targeting 195.000 and esp the prev weekly high level.
So today, during any session or both London & New York session I wanna see the market melt to the downside.
Reason being, the draw on buy-side liquidity was fulfilled and for those who did not take their t.p's @ that high could maybe get stopped out.
Another theory is that whoever would have bought above prev weekly highs would have their stop losses down there.
I do not have an entry yet but stay tuned, hit that boost button and follow for more updates
I'ma share my entry as updates to this original idea
GBPJPY at Key Resistance Level: Will it Drop To 192.000?OANDA:GBPJPY is currently trading at a key resistance zone, where sellers may regain control. This level has been a strong area of interest in the past, suggesting the potential for another bearish reaction if sellers step in.
If the price confirms rejection from this zone, a move lower toward 192.000 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions.
Let me know your thoughts or any additional insights you might have!
GBP/JPY Bullish Oder Block RetestRespected double bottom off trendline. Needs to sweep liquidity and mitigate order block to push and break previous supply zone.
