GBPJPY I am entering sells with TP at 190.6British Pound / Japanese Yen forum
๏ปฟGBPJPY I am entering sells with TP at 190.6
GBPJPY still see more buys!
GBPJPY closed Gbpjpy with 300 pips pft. Enjoyโฆ. Who followed meโฆGBPJPY WHERE is the movement?
GBPJPY 191.55 touching the 61.8% resistance, if break we can see at least 192.80
GBPJPY same here too. last position still running. can add more.
GBPJPY sell today
GBPJPY Buyyar active trade now
GBPJPY GBPJPY Daily Analysis Based on Main Key Levels โ 28 April 2025
Daily Current Market Price (DCMP): 191.233 ๐น
Swing High (Daily/4H): 193.060 ๐ | Swing Low (Daily/4H): 188.800 ๐ก๏ธ
Critical Price Zones
Resistance (Above DCMP)
R1: 191.652 ๐ฉ | R2: 192.045 ๐ฉ | R3: 192.685 ๐ฉ
Support (Below DCMP)
S1: 190.377 ๐ก๏ธ | S2: 189.984 ๐ก๏ธ | S3: 189.347 ๐ก๏ธ
Technical Landscape
Fibonacci Confluence: 189.347โ190.377 forms critical support (61.8% retracement from April swing low).
RSI (14): Neutral at 48.9, hinting at directional bias formation.
MACD: Bullish histogram emerging above signal line on 4H chart.
Intraday Trade Setups
๐ต Trade Idea: Buy at Weekly Pivot Support
Entry: 190.153 ๐ (Fib-aligned weekly pivot)
Stop Loss: 188.528 ๐ด (below S3)
Take Profit 1: 191.652 ๐ข (R1 confluence)
Take Profit 2: 192.045 ๐น (R2 resistance)
Rationale: Price tests multi-session support with bullish MACD alignment. Upside targets align with liquidity pools.
๐ด Trade Idea: Sell at Weekly Pivot Resistance
Entry: 191.778 ๐ (rejection at swing high)
Stop Loss: 193.060 ๐ด (above daily swing high)
Take Profit 1: 190.377 ๐ข (S1 support)
Take Profit 2: 189.347 ๐ก๏ธ (Fib stronghold)
Rationale: Price struggles at 191.778 resistance with bearish divergence developing. Downside targets align with institutional buying zones.
Market Outlook
GBPJPY consolidates near 191.233 with three decisive scenarios:
Bullish Catalyst: Sustained close above 192.685 opens path to 194.407 resistance.
Bearish Shift: Breakdown below 189.347 risks plunge to 188.800 swing low.
Rangebound Action: Choppy trading between 190.377โ191.652 likely ahead of BoJ policy signals.
โก Key Catalyst: UK GDP data at 08:00 UTC may trigger volatility โ watch price-action at London open.