British Pound / Japanese Yen forum
GBPJPY 📊 GBPJPY Intraday Trade Setups
💼 Trade Idea: Buy Intraday Trade Setup
🔹 Entry Price: ✨ 191.595
🔹 Stop Loss: ❌ 191.300
🔹 Take Profit 1: 🎯 191.900
🔹 Take Profit 2: 🎯 192.150
📌 Reason for Entry:
The entry price of 191.595 is positioned near a strong daily support level, which aligns with key Fibonacci retracement levels. This suggests a favorable buying opportunity, with potential upward momentum supported by price action and technical indicators.
💼 Trade Idea: Sell Intraday Trade Setup
🔹 Entry Price: ✨ 192.201
🔹 Stop Loss: ❌ 192.500
🔹 Take Profit 1: 🎯 191.900
🔹 Take Profit 2: 🎯 191.600
📌 Reason for Entry:
The entry price of 192.201 is close to a significant daily resistance level, which aligns with Fibonacci extension levels. Price action and technical indicators suggest a potential bearish reversal from this level, making it an ideal sell setup.
💡 Summary:
GBPJPY is trading at critical levels, with support around 191.595 and resistance at 192.201. The Buy Setup targets are set at 191.900 and 192.150, while the Sell Setup targets are at 191.900 and 191.600. These setups are based on daily Fibonacci retracement levels and strong support/resistance zones.
GBPJPY.100.CSM New York we might have big retracement
GBPJPY Technical - Daily trend support has been broken, and the Weekly chart & Monthly chart show a potential downside momentum only if the 190 level is broken (sooner or later this will certainly take place). Fundamentally GBP/BOE is waiting for the GDP data to be positive if not the BOE may consider an interest rate hike to pay their borrowings.
GBPJPY you wouldn't buy now
GBPJPY it may give buy signals but we should avoid it and look for sell opportunitie
GBPJPY took a low risk long entry at 191.000🤷♂️ i feel like there is a lot of potential brewing for a break to the upside possibly even seeing the 200 area again soon
US100 
XAUUSD GBPJPY Unfortunately, our US100 position hit the stop-loss at 20650 We have now clearly broken the liquidity area, increasing the likelihood of a move toward the 100 SMA on the daily timeframe in the next significant order block.For our GBPJPY positions, we successfully closed both shorts in profit, bringing our net profit slightly above break-even for the week. Our current gold position is in profit and our target remains 2650,while GBPJPY is approaching a market structure trendline with a large bullish order block, suggesting this area could offer support.
The intermediate timeframes for GBPJPY remain strongly bearish. While we are monitoring for a bullish change of character to confirm a potential long setup, this would primarily aim to establish a lower high. This lower high will be a key point of reference, providing critical context to GBPJPY’s broader market structure, which technically remains slightly positive but fundamentally skewed to the downside.
As geopolitical developments, including Trump’s upcoming inauguration, may introduce additional instability to global risk sentiment, we will continue to monitor the situation closely.
XAUUSD Gold is currently consolidating above the previously breached boundaries of its ascending channel and symmetrical triangle. This ongoing struggle introduces uncertainty for both bullish and bearish market participants.
Factors such as economic challenges in China and geopolitical risks surrounding U.S. policies continue to underpin gold's appeal as a safe-haven asset. Additionally, inflation expectations are rising, driven by increasing oil prices and concerns about U.S. trade policies. The latest Non-Farm Payroll (NFP) report highlighted robust job growth, reducing the likelihood of significant interest rate cuts by the Federal Reserve in 2025.
Traders are closely monitoring Wednesday's upcoming Consumer Price Index (CPI) data for its potential influence on the Federal Reserve's monetary policy outlook.
Key Levels to Watch:
Resistance: 2690, 2700
Support: 2665, 2660, 2655
Currently, the price is consolidating near the previous resistance zone. A lack of bullish momentum and a potential false breakout above the channel's resistance could lead to a decline towards the 2665–2660 zone. However, a decisive breakout above the local downward resistance may signal buying opportunities, with an upside target near 2700.
Maintain a cautious approach, considering market volatility and fundamental data releases.
BTCUSD GBPJPY 
EURUSD NAS100GBPJPY We have now closed both our short positions from 195 and from 192..3 which we documented on our ideas last week. We are currently approaching a Larger bullish order block and so expect to see some support here aligning with the larger market structure trend line Congratulations to those who took the trade ideas and be sure to follow more for free precise ideas and knowledge
GBPJPY gj playing games, had tp 190 and it went to 190.080 area and retraced lmao