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JAPANESE YEN / BRITISH POUND

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JPYGBP trade ideas

GBPJPY follow the ascending channel selling from supply zoneGBPJPY Update – 1H Timeframe Price is respecting the ascending channel and currently reacting from a key supply zone at 166.100. Sellers are stepping in! 🎯 Technical Targets: 🔻 1st Target: 195.000 – Major Demand Zone 🔻 2nd Target: 193.300 – Bullish Order Block / Demand Zone Structure still bullish overall, but short-term correction in play. 💡 Smart money eyes the zones — are you ready? 👇 Don’t forget to: 💬 Comment your thoughts ❤️ Like if you caught the move 🔔 Follow for more real-time trade setups & market insights Trade smart. Stay ahead. — Livia 💋
Short
by experttrader04
1
GBP/JPY Bearish Pullback to Key Fibonacci LevelsGBP/JPY shows a strong bearish move followed by a consolidation near the 0.236–0.382 Fibonacci retracement zone. I’m monitoring this area closely as price retests the 0.5 (194.648) and 0.618 (194.855) Fibonacci levels — classic zones for bearish continuation setups. This setup suggests that price may reject the 0.618 zone, especially if volume and candle structure confirm resistance. My trade idea is based on short entries near 0.5–0.618 with a potential continuation toward 193.33 (-0.25) and 192.68 (-0.618 extension).
Short
by allmysmoke
GBP/JPY - Triangle Breakout (12.06.2025)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 194.34 2nd Support – 193.76 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KABHI_TA_TRADING
72
GBPJPY – Golden Pocket Breakout SetupTimeframe: 1H | 🎯 Bias: Bullish Breakout GBPJPY is testing a key Fibonacci retracement zone (0.5–0.618) from the recent impulse leg (194.00 → 196.195). This golden pocket sits inside strong demand and could launch the next leg higher. 🔍 Technical Confluence Fib Support Zone: 195.270–195.447 (0.618–0.5) Price Action: Consolidating near golden pocket, showing rejection wicks Structure: Higher highs and higher lows intact RSI: Resetting around 45–50, leaving room for momentum buildup Next Resistance: 196.200 (previous high), then 197.300 and 198.500 🧠 Fundamental Confluence GBP Strength Drivers: BoE's "hawkish cut" tone — restrictive policy to fight sticky inflation UK macro improving: upcoming GDP & labor data could surprise to the upside Market pricing less aggressive easing compared to peers = GBP premium JPY Weakness Factors: COT RSI at 100% = overbought positioning BoJ delays normalization to 2027 Risk-on flows (VIX ~16.7) reducing safe-haven demand Macro Flows: Bullish NASDAQ + stable oil → support GBPJPY upside Macro Themes: Oil & NAS100 bullish = supports GBPJPY upside Market unwinding defensive positions = bullish for GBPJPY 🛠 Trade Plan 📥 Entry Option 1: Buy on bullish reaction from 195.27–195.45 (Fib golden pocket) 📥 Entry Option 2: Break and close above 196.200 (confirmation entry) 🛑 Stop Loss: Below 195.00 (under Fib + recent structure) 🎯 TP1: 196.80 🎯 TP2: 198.00 (measured move) 📌 “Golden pockets don’t lie when fundamentals align.”
Long
by wajahatarif
3
Lingrid | GBPJPY potential Extension after Bullish BreakoutOANDA:GBPJPY is consolidating just above the key support around 195.05 after bouncing from a higher low and failing to hold the recent breakout above PMH. The bullish structure remains intact within the upward channel, but the pair is currently lacking momentum. If price holds above 195.00 and forms a new bullish wave, a push toward 198.00 remains likely. 📈 Key Levels Buy zone: 194.80–195.20 Buy trigger: bullish confirmation above 195.60 Target: 198.00 Sell trigger: break below 194.80 with strong volume 💡 Risks Failure to hold 195 could shift structure to neutral Extended range may lead to choppy conditions Yen strength could trigger sudden reversals from resistance Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
8
MY PRICE ACTION IDEA 1. 4-Hour Chart: ○ You identify a clear uptrend (making HH and HL). ○ You mark a significant 4-hour Support Level where price has bounced strongly multiple times in the past. ○ Confluence: Strong uptrend + major support. Your bias is to buy. 2. 30-Minute Chart: ○ Price pulls back from a recent high and approaches your identified 4-hour support level. ○ As price touches the 4-hour support, a large Bullish Engulfing Bar forms and closes. The body of this candle completely engulfs the previous bearish candle. ○ Confluence: Price at 4H support + Bullish Engulfing Bar + aligns with 4H uptrend. This is your potential setup. 3. 5-Minute Chart: ○ After the 30-minute Bullish Engulfing Bar closes, you switch to the 5-minute chart. ○ You see that after the engulfing bar, the 5-minute chart has formed a new higher low and then broken above a short-term 5-minute resistance level, with a strong bullish 5-minute candle closing above it. ○ Entry: You enter a long trade immediately after the 5-minute confirmation candle closes. ○ Stop Loss: Place your stop loss just below the low of the 30-minute Bullish Engulfing Bar (or slightly below the 4-hour support). ○ Take Profit: Identify the next major 4-hour resistance level as your target. ○ Confluence: 30M signal confirmed by 5M structure break + tight stop loss placement.
Long
by excellentcool1234
GBPJPY Intraday Bearish sideways consolidationThe GBP/JPY currency pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a corrective pullback, potentially setting up for another move lower if resistance holds. Key Level: 196.50 This zone, previously a consolidation area, now acts as a significant resistance level. Bearish Scenario (rejection at 196.50): A failed test and rejection at 196.50 would likely resume the bearish momentum. Downside targets include: 194.20 – Initial support 193.00 – Intermediate support 191.90 – Longer-term support level Bullish Scenario (breakout above 196.50): A confirmed breakout and daily close above 196.50 would invalidate the bearish setup. In that case, potential upside resistance levels are: 197.50 – First resistance 198.30 – Further upside target Conclusion GBP/JPY remains under bearish pressure, with the 196.50 level acting as a key inflection point. As long as price remains below this level, the bias favors further downside toward the 194.20–191.90 region. However, a sustained break above 196.50 would shift sentiment bullish, targeting 197.50 and beyond. Traders should watch for price confirmation around 196.50 to assess the next move. 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.
by TradeNation
GBP/JPY) Bearish analysis Read The captionSMC trading point update Technical analysis of GBP/JPY (British Pound / Japanese Yen) based on multiple Technical signals on the 4-hour timeframe. Let's break it down in detail: --- Overall Analysis Summary Direction Bias: Bearish Timeframe: 4H Price (at analysis time): 195.033 Tool Used: EMA 200, RSI, Support/Resistance, Chart Pattern --- Technical Components 1. Strong Resistance Zone (~195.800 - 196.200) Marked by 3 red arrows. Price has rejected this level multiple times, forming a Triple Top pattern. Suggests strong selling pressure and low probability of price breaking higher in the short term. 2. Trendline Break (Structure Shift) Ascending support trendline (marked with "$$$") is broken. This is a key market structure break, indicating the bullish momentum is weakening or reversing. 3. EMA 200 (193.661) Price is currently just above the 200 EMA. A clean break and close below the EMA would confirm trend reversal. EMA often acts as dynamic support/resistance. --- Target Zones Two downside targets are indicated: Target 1: 192.600 Minor support level, could be the first stop for bearish pressure. Target 2: 190.733 Strong historical support zone (yellow box labeled big support level). Also aligns with measured move from the top of the range to the base (height of the range). --- RSI (Relative Strength Index) RSI (14): ~43.40 Neutral zone (not oversold yet), meaning there’s room for more downside before oversold conditions are hit. --- Trading Psychology & Risk Management This setup assumes: Sellers continue to defend the resistance zone. Break of structure (trendline + EMA) confirms shift. Traders may consider short entries below 194.800–195.000 with stops above 196.200. --- Trade Idea (Based on This Chart) Entry: Below 194.800 (after break confirmation) Stop-Loss: Above 196.200 Take-Profit 1: 192.600 Take-Profit 2: 190.733 Risk-Reward: Favorable (~1:2+) Mr SMC Trading point --- Caution If price reclaims 196.200 and closes above the resistance, bearish setup is invalidated. Watch for fakeouts near EMA. plesse support boost 🚀 this analysis)
Short
by SMC-Trading-Point
1
GBPJPY Will Go Higher! Buy! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 194.845. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 199.003 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
Why? Because liquidity is building at this support zone.🚨 GBP/JPY Traders — Don’t Get Trapped! 🚨 GBP/JPY has just touched a major support level, and on the surface, it looks like a golden buying opportunity. But here’s the catch: this is exactly where most retail traders get trapped. Why? Because liquidity is building at this support zone. Smart money knows retail traders have stop losses and pending orders sitting right below — and they’re coming for it. 🧠💰 Here’s what the market is likely to do next: 📈 Step 1: A small bullish bounce to lure retail traders in. Everyone starts thinking, “This is the reversal!” 🔄 Step 2: Boom — a sharp move down. Stop hunts. Fakeouts. Panic sells. The market dips below support, grabbing liquidity. 🚀 Step 3: Once liquidity is swept and BPR (Break Point Range) is hit, then the real move begins. This is a classic setup — trap retail, feed institutional orders, and then drive the market in the true direction. ⚠️ Don’t fall for the bait. Stay patient. Let the trap spring before you strike. 📊 Watch structure. Watch liquidity. Watch price behavior. That’s where the edge is. DYOR — Do Your Own Research. This isn’t financial advice — it’s a trader’s insight. Trade smart. Trade sharp. 💼🔥
Long
by Peter_Wade