British Pound / Japanese Yen

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British Pound / Japanese Yen forum


GBPJPY GBP/JPY BUY NOW 193.600
Target Point 196.600
Keep up strongly hold guy's very soon reached at my target point.

GBPJPY still convinced we will see 196 this week

GBPJPY becoming really profitable these last few months I'm proud just can't get over the feeling of defeat after a trade goes breakeven. It's like dang could I have possibly pulled in profit ? Dang and I'm wasting my time being in this trade over night to get hit breakeven ? I am still maintaining and controlling my emotions and trying to keep the caveman out .

GBPJPY I also think that this pair will go down further but yen itself still not really that strong if you looks at yen JPYX index then you will know unless yen have another interest hike by coming month

GBPJPY I strongly confirm tonight price will go above 194 and make a lot trader cannot understand why turn to this upside or fake brake out as they claim and we must respect what they think off, any how this pair always disappointed what we think 🤣🤣🤣🤣🤣🤣

GBPJPY Dang! 🔥 Nice +60 PIPs Drop! from the level shared earlier.

Buyers boat flipped again! A fake out with low volume (slow rally) hours back showed signs of holes in the boat, tapes didn't work! 2H confirmed fake out.

Next downside targets:

> 192.80 (minor support)

> 192.50-192.40 (stronger demand zone)

📌 If price pulls back to 193.00-193.15, could be a re-entry for another leg down. If 193.20-193.30 rejects, it’s a strong confirmation to stay in.

📌 If you’re holding shorts, consider partial profit-taking around 192.80-192.50. If price pulls back to 193.00-193.15, could be a re-entry for another leg down.

I will leave the Position open, because there is nothing to loose here, ll share my last insights later part of the day, I am stepping off charts for a bit.

BEARS Let's stay vigilant!


GBPJPY the reason i took profit at 193.7 is because its a breaker block area. and price failed to push to upside. 193.2 is key area. this could just be a retest and then further bullish momentum. wait and see before going long or short.


GBPJPY Price Action break-down, nothing interesting yet post bearish change of character on 4H & Weekly (below Supply) . Price tend to range before a break out.

Price rejected at 193.60-193.70, Clear failure to break higher, wicking into that zone and pulling back.

This suggests liquidity grab and potential reversal, along side the range has reduced due to ranging.

Still holding below 193.50, which was a key resistance turned into a rejection point. If it stays below, sellers remain in control.

📌 Shorts Still Valid as long as price stays below 193.50-193.60. Bearish Confirmation Needed Below 193.15!

Hold shorts if 193.50 acts as resistance, If Price Closes Above 193.60 Again > Exit Shorts (Last resort)!

So let's ask who is long and who is short and why?