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GBPJPY trade ideas

GBPJPY Setup – Structure Break & RetestTimeframe: 1H Strategy: SMC | Trendline Break | Supply & Demand | EMA Rejection Idea: Price broke the ascending trendline and retested the structure zone (former demand now acting as supply). Currently consolidating just below that zone — setting up for a potential continuation to the downside. Confluences: • Trendline break ✔️ • Retest of lower high structure ✔️ • RSI still under 50, momentum bearish ✔️ • Price sitting on liquidity zone ✔️ • 50 & 200 EMA rejection ✔️ Bearish Bias Until Proven Otherwise
Short
by PIPANALYTICA
GBPJPY Wave Analysis – 29 May 2025 - GBPJPY reversed from the key resistance level 196.00 - Likely to fall to support level 193.00 GBPJPY currency pair recently reversed down from the key resistance level 196.00 (which has been reversing the price from March) intersecting with the upper daily Bollinger Band. The downward reversal from this resistance level 196.00 created the daily Japanese candlesticks reversal pattern Shooting Star. Given the strength of the resistance level 196.00 and the bearish divergence on the daily Stochastic, GBPJPY currency pair can be expected to fall to the next support level 193.00.
Short
by FxProGlobal
GBPJPY INTRADAY capped at 196.50The GBP/JPY currency pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a corrective pullback, potentially setting up for another move lower if resistance holds. Key Level: 196.50 This zone, previously a consolidation area, now acts as a significant resistance level. Bearish Scenario (rejection at 196.50): A failed test and rejection at 196.50 would likely resume the bearish momentum. Downside targets include: 194.20 – Initial support 193.00 – Intermediate support 191.90 – Longer-term support level Bullish Scenario (breakout above 196.50): A confirmed breakout and daily close above 196.50 would invalidate the bearish setup. In that case, potential upside resistance levels are: 197.50 – First resistance 198.30 – Further upside target Conclusion GBP/JPY remains under bearish pressure, with the 196.50 level acting as a key inflection point. As long as price remains below this level, the bias favors further downside toward the 194.20–191.90 region. However, a sustained break above 196.50 would shift sentiment bullish, targeting 197.50 and beyond. Traders should watch for price confirmation around 196.50 to assess the next move. 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 – Bullish Flag Breakout Setup | wk-6We're observing a bullish flag pattern forming on the GBP/JPY 1-hour chart — a classic continuation pattern that often signals the resumption of the uptrend after a brief consolidation. With price coiling tightly and momentum building, we are placing a Buy Stop trade setup just above the flag’s resistance to catch the breakout confirmation. Trade Setup Details: Pair: GBP/JPY Timeframe: 1H Pattern: Bullish Flag Trend: Bullish Entry (Buy Stop): 195.687 Stop Loss (SL): 194.324 Take Profit 1 (TP1): 197.050 (1:1) Take Profit 2 (TP2): 198.413 (1:2) Lot Size: 0.12 Risk/Reward Breakdown: Trade 1: Risk $100 / Reward $100 (1:1) Trade 2: Risk $100 / Reward $200 (1:2) Total Risk: $200 Total Potential Reward: $300 ✅ Trade Rationale: ✅ Bullish Flag: Classic continuation pattern in a strong uptrend ✅ Breakout Entry: Buy Stop placed above resistance for confirmation ✅ Strong Risk Management: Two trades with calculated R:R ratios ✅ Momentum Aligned: Market conditions favor further upside 🔗 Hashtags: #GBPJPY #BullishFlag #ForexBreakout #TechnicalAnalysis #ForexTrading #BuyStop #ChartPatterns #BullishContinuation #SmartTrading #RiskReward #TradingSetup #PriceAction #TradingView
Long
by asimafridi
A quick buy GBP/JPY Buy Setup – Targeting the Next Leg Up from Key Order Block The GBP/JPY pair is currently presenting a promising long setup on the 1-hour chart. After a strong bullish rally that broke significant highs, the market has pulled back and is consolidating near a previously defined bullish order block in the 193.865–193.418 region. This zone aligns with an earlier accumulation area that fueled the breakout above the previous weekly high (PWH), making it a high-probability area for bullish continuation. The structure remains bullish, with higher highs and higher lows intact. Below the order block lies a 4H liquidity-protected low around 192.878, further supporting the idea of a bullish defense at this level. A buy from the order block area offers a favorable risk-reward opportunity. Potential upside targets include: 195.450 – minor resistance and potential TP1 196.736– secondary target (previous swing high) 198.022 – major target aligned with projected bullish continuation As long as price respects the protected low and order block, buyers have control, and a move toward higher targets remains likely. Note: Always manage your risk. A daily close below the order block or a break of the protected low could invalidate this setup.
Long
by Michael_ict_jr
GJ-Wed-28/05/25 TDA-GJ pulling back ahead of FOMC minutes!Analysis done directly on the chart Follow for more, possible live trades update! Today's FOCUS: market positioning You can have good trade idea, BUT you still get stopped out with loss or break even (BE). And one of the reasons why is your market positioning. To solve this problem one of the good ways is to understand firstly the higher timeframe structure. Ask yourself: Am I inside the range? Is price is breaking out of range? ETC... Comment down below if this was useful! Not financial advice, DYOR. Market Flow Strategy Mister Y
by Mister_Y
GBPJPYGBP/JPY 10-Year Bond Yield and Interest Rate Differential 1. UK 10-Year Gilt Yield As of May 21, 2025, the UK 10-year gilt yield was approximately 4.77%, near its highest level since April 2025, driven by hotter-than-expected inflation data (April CPI at 3.5% YoY, core inflation 3.8%) and reduced expectations of Bank of England rate cuts. The Bank of England’s official interest rate stood at 4.25% in May 2025, down from 4.5%, but markets now price in limited further easing for the rest of the year. 2. Japan 10-Year Government Bond Yield As of May 21, 2025, the Japan 10-year government bond yield was around 1.52% to 1.55%, remaining near a one-month high amid improving trade data and cautious market sentiment. The Bank of Japan maintains a very accommodative monetary policy, with policy rates near zero, keeping yields low despite some inflationary pressures. 3. Interest Rate Differential (10-Year Bonds) The yield spread between UK and Japan 10-year bonds is: 4.77% (UK)−1.53% (Japan)=+3.24% This significant positive differential favors the British pound against the Japanese yen from a carry trade perspective. 4. Carry Trade Implications for GBP/JPY The +3.24% yield advantage makes GBP/JPY attractive for carry trades, where investors borrow in low-yielding JPY and invest in higher-yielding GBP assets to earn the interest spread. The wide differential supports GBP/JPY strength, assuming stable risk sentiment and no major shocks. Technical momentum and macroeconomic factors such as UK inflation data, BoJ policy stance, and global risk appetite will influence the pair’s trajectory in the coming week. Summary Table Metric United Kingdom (GBP) Japan (JPY) 10-Year Bond Yield ~4.77% ~1.53% Interest Rate Differential +3.24% (GBP over JPY) — Central Bank Policy Rate 4.25% (BoE) ~0% (BoJ) Conclusion From May 27 to June 4, 2025, the GBP/JPY pair benefits from a substantial 3.24% interest rate differential between UK and Japanese 10-year bonds, supporting carry trade flows into GBP. The Bank of England’s relatively higher rates and inflationary pressures contrast with the Bank of Japan’s ultra-accommodative policy, underpinning GBP strength versus JPY.
Long
by Shavyfxhub