GBP/JPY Rising Within Ascending Channel – Target in SightGBP/JPY is currently moving within an ascending channel, where price action is forming higher highs and higher lows. This pattern indicates a steady uptrend.
At the moment, the pair is approaching the upper boundary (resistance line) of the channel. Based on the current momentum and structure, we expect the price to continue its upward movement and test the upper trendline.
This upper line serves as our near-term target, where we may look to take profit or reassess the trade setup. As long as the price remains within the channel and respects the trendline structure, the bullish bias remains intact.
JPYGBP trade ideas
GBPJPY sitting at resistance – Is a drop to 193.360 likely?GBPJPY is sitting right at a key daily resistance zone. This is a level where it has struggled to break through and reversed strongly to the downside. So this makes it definitely one to monitor, especially if you’re eyeing potential short setups.
If we start seeing signs that the price is getting rejected here: like long wicks, strong bearish candles, it could be the early indication of another move lower. My focus is on a moderate drop toward the 193.360 area, similar to what we’ve seen in past pullbacks. Nothing too dramatic, just a simple downside play if sellers step in again.
But if we get a strong breakout? That changes everything: it would hint that bulls are taking full control. This area is pretty important and could give us a better idea of where price is headed next.
Just sharing my thoughts on support and resistance, this isn’t financial advice. Always confirm your setups and manage your risk properly.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPJPY SHORT DAILY FORECAST Q3 D4 W27 Y25GBPJPY SHORT DAILY FORECAST Q3 D4 W27 Y25
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Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
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✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
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📈The rest, we leave to the balance of probabilities.
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GBPJPY Breakout and Potential RetraceHey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 196.600 zone, GBPJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 196.600 support and resistance zone.
Trade safe, Joe.
GBP-JPY Correction Ahead! Buy!
Hello,Traders!
GBP-JPY will soon make
A retest of the rising support
Line and as we are bullish
Biased we will be expecting
A local bullish correction
Buy!
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GBPJPY Surges as Trade Tensions Weaken YenGBPJPY Surges as Trade Tensions Weaken Yen
GBPJPY remains firmly in a bullish trend, having broken through two key resistance levels.
The first breakout occurred at 196.80, followed by a decisive move above 198.75 on Monday, signaling accelerating bullish momentum.
On July 7, the White House issued a strong letter to Japan’s Prime Minister, expressing concerns over the trade deficit and announcing a 25% tariff on Japanese goods, effective August 1, 2025.
This development has added pressure on the yen, and the weakness could persist in the near term.
However, the situation is still unfolding. Trump is expected to send additional letters today, which could inject further volatility into the markets.
You may find more details in the chart!
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GBP/JPY At Selling Area , Can We Sell It Now To Get 150 Pips ?Here is my opinion on GBP/JPY , The price at daily res area that forced the price to go down very hard last time and now the price retesting it , i want to see a good bearish price action on 4H T.F To get A Confirmation to can sell and i feel safe , we can enter now a sell trade with small lot size and when we have a good confirmation on bigger T.F We can add another entry , if we have a daily closure above my daily res then this idea will not be valid .
GBPJPY Will Go Up! Buy!
Please, check our technical outlook for GBPJPY.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 197.240.
Considering the today's price action, probabilities will be high to see a movement to 198.091.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPJPY uptrend continuation breakoutKey Support: 196.75
This level marks the prior consolidation zone and serves as a critical pivot. A corrective pullback toward 196.75 followed by a bullish reversal would validate the uptrend, with upside targets at:
199.20 – Initial resistance and short-term target
199.70 – Minor resistance zone
200.40 – Longer-term breakout objective
However, a daily close below 196.75 would invalidate the bullish scenario, potentially triggering a deeper retracement toward:
195.80 – Near-term support
194.80 – Key downside level in a bearish reversal
Conclusion:
As long as 196.75 holds, the bias remains bullish, favoring continuation toward the 199–200 zone. A confirmed break below this support would shift momentum, opening the door for a broader corrective decline.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GJ-Wed-09/07/25 TDA-Asian push, price hit our 4hR 199.723Analysis done directly on the chart
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I often share my live trades in Tradingview public chat in London session, stay tuned!
When you have a specific trading time during the day,
it's can be frustrating when moves happen outside of
your trading time. But remember this is part of the game,
we will never catch every single move on the chart.
Don't force the entries, learn to get used to it.
Premise:
A simple idea plan (like Tradingview public posts) won't describe everything.
No one can predict how market will move, it's always good to react to how it moves.
It gives an idea of how price might move, but no one come from FUTURE.
So I always encourage people to openly and actively discuss in real time.
For example discussing on Tradingview public chat (and more).
I don't give signals blindly, people should learn
and understand the skill.
Following blindly signals you won't know how to
manage the trade, where precisely put sl and tp,
lot size and replicate the move over time.
That's why you need active real time discussions.
Trading is not get rich quick scheme!
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/JPY Best Place To Buy Very Clear , Let`s Get This 200 Pips !Here is my 4H T.F Chart and if we check we will see that we have a very good support area very near the price now and we have already a good breakout and the price never retest the broken res and new supp so i`m waiting the price to retest it and give me any bullish price action and then we can buy it and targeting from 100 to 200 pips . and if we have a daily closure below my support then this idea will not be valid .
GBPJPY: Bullish Impulse May Take Price To 205! 700+ Pips MoveGBPJPY is in steady bullish move in other words it is in impulse move; price has not yet exhausted and there is still extended bullish move to completed before bears takes control over. Please use accurate risk management while trading and do your own analysis.
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GBP/JPY Rejection from Resistance Zone GBP/JPY Rejection from Resistance Zone 🧱📌 | Bearish Setup In Play 🔻💹
📌 Technical Analysis Overview:
The chart illustrates a clear rejection from the resistance zone around 198.460, where previous price action formed a double-top pattern (🔴 red arrow). This suggests a strong supply area with selling pressure building.
🔍 Key Observations:
📏 Trendline Break:
The upward trendline (blue) has been decisively broken.
This break signals a loss of bullish momentum.
🧱 Resistance Zone @ 198.000–198.460:
Price tested this zone multiple times but failed to break above.
Acts now as a strong resistance zone.
🟠 Support Turned Resistance:
Former support has now turned into resistance (highlighted in blue text: "SUPPOT").
📉 Bearish Projection:
The projected path indicates a possible retest of the resistance zone before a sell-off continuation.
Target area: around 194.500, marked as “TAEGET FAXS” (typo: should be “TARGET ZONE”).
🔄 Possible Scenarios:
✅ Bearish Continuation:
If price rejects again near 198.000, expect a bearish move toward 194.500.
⚠️ Invalidation:
A strong breakout above 198.460 would invalidate the bearish thesis and may resume bullish momentum.
🔚 Conclusion:
The pair is currently under pressure with a confirmed break in trend structure. As long as price remains below 198.460, the bias remains bearish with a target toward the 194.500 zone. 📉👀
GBPJPY H4 XABCD Short at Market TP Below Market🔸Hello traders, let's review the 4 hour chart for GBPJPY. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D.
🔸Speculative XABCD structure defined by point X 199 point A 188 point B 195.20 point C 186.80 point D/PRZ 198.40/80 .
🔸Currently most points validated, point D/PRZ validated as well.
Short sell at market SL over point D/PRZ TP details see chart
🔸Recommended strategy for GJ traders: Short Sell at Market
SL over point D/PRZ TP1 193.30 TP2 191.00 TP3 188.80.
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Past performance is not indicative of future results.
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GBPJPY Extremely BullishAs described earlier GJ is extremely bullish and wants to target previous swing. current trading at 199.400 and travelling to the 199.857 which is previous swing high. In my yesterday's analysis I have given clue of GJ's being retracing and accumulating and going up again same is showing. We can see a pullback after taking swing high.