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GBPJPY trade ideas

GBPJPY - H1 Analysis & Key Levels📉 GBPJPY - H1 Analysis & Key Levels 🔴 Supply Zone: 193.00 - 193.21 🟢 Demand Zones: 190.80 - 190.90, 189.14 - 189.20, 187.50 - 187.60 📊 Possible Scenarios: 1️⃣ Bearish Rejection: If price rejects the 193.00 - 193.21 supply zone, further downside toward 190.80 - 190.90 or deeper levels is likely. 2️⃣ Break & Retest: A confirmed breakdown below 190.80 could indicate further bearish momentum toward 189.14 - 189.20 and lower. 💡 Trading Plan: ✅ Watch for rejection at 193.00 - 193.21 for potential short entries. ✅ Monitor 190.80 - 190.90 as a key level for intraday reactions. ✅ A confirmed break below 189.14 could signal further downside continuation toward 187.50 - 187.60. FXFOREVER GBPJPY ForexTrading SmartMoney PriceAction
Short
by FXFOREVER_87
Bearish 'W' Pattern sell trade set-up on GBP/JPYGBP/JPY sell Bearish 'W' Pattern on the Daily T/F. Was waiting for deceleration to take place, this has now happened (around and beyond the 0.618%, measured from the daily T/F). Waited for shift of structure (SOS) on the 15M, this too has now happened. Then waiting for a pull back, with limit order set beyond the 50% fib level (measured off the 15M T/F). Trade now live. Excellent risk to reward. Trail SL beyond last swing low as they develop on the 4H T/F. TP set at -127 Fib EX on the daily T/F. SL should be set beyond last swing high on the daily T/F with a buffer of between 8-25 pips depending on personal preference. **Demo only not to be taken on a live account** Disclaimer: Financial trading carries a very high degree of risk of loss of capital. Always seek professional, independent financial advice, before trading with real money. This trade idea is intended for educational, purposes only, and is not financial advice. And as such, must only be traded on a Demo account, or not at all. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed, above. You are responsible for your own trading and investment decisions.
Short
by Treehawk_Trader
1
GBPJPYShort Fundamental Analysis – GBP/JPY 1. Context • Bank of England (BoE) • Maintains relatively high interest rates in an effort to bring down persistently elevated inflation. • Ongoing discussions about whether the BoE will continue rate hikes or pause if economic growth shows signs of slowing. • Bank of Japan (BoJ) • Continues its ultra-loose monetary policy with near-zero interest rates, limiting the yen’s yield appeal. • While minor adjustments are possible (e.g., yield curve control tweaks), there is no clear signal yet of a decisive shift toward tightening. 2. Possible Direction • Bias: Bullish for GBP/JPY, largely due to the significant interest rate differential. The pound tends to benefit from BoE’s hawkish stance, while the yen remains under pressure from the BoJ’s accommodative policies. • Alternate Scenario: • If the BoJ unexpectedly hints at rate hikes or abandons yield curve control, it could spark a sharp downward correction in GBP/JPY. • Weaker-than-expected UK data (e.g., disappointing inflation or growth figures) might also reduce the pair’s upward momentum. 3. Factors to Watch This Week 1. BoE Speeches & UK Data • Inflation reports, GDP releases, and employment statistics that could reinforce or diminish BoE hawkishness. 2. BoJ Policy Communications • Any sign of a more hawkish approach or surprising policy changes may strengthen the yen. 3. Global Risk Sentiment • Heightened uncertainty can sometimes boost JPY as a safe-haven currency, though GBP typically benefits from higher rates when investors seek yield. 4. Overall Conclusion • GBP is supported by a relatively hawkish BoE, though the UK economy faces inflationary pressures and potential growth concerns. • JPY stays vulnerable under the BoJ’s ultra-accommodative regime, unless a sudden policy pivot occurs. • In the near term, GBP/JPY is likely to remain on an upward path, barring a surprise move from the BoJ or significantly weaker UK macro data. Disclaimer This analysis is provided for educational purposes only and does not constitute trading advice. Financial markets can be volatile and carry significant risks. Always align decisions with your own risk tolerance and consult reliable sources before making trading choices.
by SkylimitBreakPoint
GBPJPY Sell ForecastGBPJPY New forecast👨‍💻👨‍💻 The price perfectly fulfilled my last idea. Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP. Please support this idea with a Like and COMMENT if you find it useful click "follow" on our profile if you will like these type of trading ideas delivered straight to your email in the future. Thanks for your continued support!! lemme know your thoughts in the comment sec...
Short
by King_CityStar_Fx
1
GBPJPYThe upcoming economic events, specifically the Claimant Count Change and Bank of England (BOE) Governor Andrew Bailey's speech, are likely to influence the GBP/JPY trade directional bias for the week ahead. Key Events and Their Potential Impact Claimant Count Change: What It Is: This report measures the change in the number of people claiming unemployment benefits in the UK. A decrease in claims typically indicates a strengthening labor market, which can boost the currency. Forecast: If the claimant count shows a smaller increase or a decrease compared to previous figures, it could support the British Pound (GBP) against the Japanese's yen, potentially pushing GBP/JPY higher. BOE Governor Bailey's Speech: Bailey's comments can provide insights into the BOE's monetary policy direction, particularly regarding interest rates and inflation expectations. Market Reaction: If Bailey signals a hawkish stance or hints at potential rate hikes, it could strengthen the GBP as traders anticipate tighter monetary policy. Conversely, a dovish tone may weaken the GBP. The combination of labor market data and central bank commentary will play a crucial role in determining the GBP/JPY directional bias next week. Positive labor market data and hawkish signals from Bailey could lead to a bullish sentiment for GBP/JPY, while disappointing data or dovish comments could result in downward pressure on the pair. we will watch closely these developments for potential trading opportunities.
by Shavyfxhub
GBPJPY Price ActionHello Traders, If you entered during the aggressive selling phase, I hope you managed to capture at least 100 pips! Now, as you can see, the price action has formed a Head & Shoulders pattern. However, I don’t trade patterns blindly—this setup is backed by a fresh 4-hour Supply and Demand zone, which adds more weight to the trade idea. If the price respects this zone, we can expect a drop. But remember, always take small risks and manage your position size wisely. Don’t get greedy—stick to your plan and let the market do its thing. The beauty of trading is that the market repeats itself over and over again. Stay disciplined, trade smart, and happy trading!
Short
by SuvashishFx
2