Get started

British Pound / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPJPY trade ideas

Going Short On GBPJPYGBPJPY – Liquidity Setup and Short Opportunity GBPJPY has a consistent behavior of creating liquidity before the London session ("pre-London"), only to retrace and sweep that liquidity during the actual London session before making its true directional move. This pattern plays out frequently, and we take advantage of it on a daily basis. Typically, price forms inducement zones or liquidity traps just before the session opens — which then get taken out as part of the London open volatility. Currently, GBPJPY has created such a setup, and based on this recurring behavior, I’m going short, anticipating a liquidity sweep before the pair resumes its broader directional move. Key Factors: Pre-London liquidity build-up observed London session expected to sweep high/lows Short setup in play based on this repeatable model Traders familiar with session-based liquidity trading will recognize this as a high-probability setup.
Short
by JudeOseiBonsu
GBPJPY H4 I Bearish Reversal Off 50% FiboBased on the H4 chart, the price is rising our sell entry level at 192.04, a pullback resistance that aligns with the 50% Fibo retracement. Our take profit is set at 189.73, a pullback support. The stop loss is set at 194.02, a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu