Get started

JAPANESE YEN / BRITISH POUND

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYGBP trade ideas

GBPJPY likely to continue to respect the trendlinethe trendline has been intact for almost 3 months and in that period two out of three times when it touched the trendline we can see a bullish divergence circled ones and it respected the bullish divergence last time quite well and now again the price is right at the trendline which is also acting as support with bullish divergence and overall the trend is also bullish so these couple of confluences support upward direction of price
Long
by faisal-101
GBPJPY is in the Down TrendHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
GBPJPY - Short + Medium term direction predictionTrend is clearly down on medium to short term timeframes. The proposed primary target is close by sitting at roughly 189.565. This would make a decent short term target as there will be plenty of stop losses sitting below that structure level so I would not be surprised to see an aggressive movement toward this level and even further toward the proposed secondary target marked, between which the 189 level sits. I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades. Also keep in mind that I am only providing potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter.
Short
by Gamblers-Fallacy
GBPJPY The GBP/JPY pair tells the trader how many Japanese Yen (the quote currency) are needed to purchase one British Pound (the base currency). It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading (one of today's most popular trading strategies). A carry trade happens when a person sells or borrows an asset with a low-interest rate in order to purchase another asset with a higher interest rate, looking to profit from the underlying interest rate difference. This strategy is heavily used in the foreign exchange market (forex).Bank of England (BoE), known to be one of the most effective central banks in the world. It acts as the government's bank and the lender of last resort. It issues currency and, most importantly, it oversees monetary policy (including interest rates). Andrew Bailey became the new Governor of the Bank of England on March 16th, 2020. Her Majesty the Queen has approved the appointment. He is widely and deeply respected for his leadership managing the financial crisis, developing the new regulatory frameworks, and supporting financial innovation to better serve UK households and businesses.
Short
by KingForex078
Bearish on GJ for the week 12/1 Weekly Outlook Overall bearish for the month. Well at least until some of this ssl is swept This week I'm looking for a pull back to take out some BSL or fill an imbalance (1H FVG Inside of 1 hr Breaker) to be used to sell down to 189.565. Once price gets to this weekly fvg I want to see if it breaks below to continue down towards that monthly ssl. Keep in mind this week is the week for accumulation for next weeks manipulation and the following weeks distribution for the month. So this week could potentially go bullish and consolidate.
Short
by RankzBankz
THOUGHTS ON GBP/JPYGBP/JPY 4H - As you can see price traded into a large area of Demand here on the 4H timeframes, I believe this may encourage price to correct itself on the higher timeframes and being trading bullish. In order for me to look to take this market long and be confident with the trade I am placing I want to see price break structure to the upside initially as this would confirm to me that price is no longer trading us bearish and is in fact trading us bullish. The high I have marked out represents the last protected high within the bearish structure that is trading us lower, breaking that would give us the confirmation we need in order to take part in some long opportunities. That high is considered the last protected as thats the high that traded price down and into the Demand zone, creating the lowest low within this bearish leg, I will be looking to take profit just below the Supply Zone above.
Long
by Lukegforex
GBPJPY: risk-reward ratio favoring a 130-pip down moveGBPJPY remains in a strong downtrend but is approaching daily support levels, making caution essential. The risk-to-reward ratio favors a downside move between 191.75 and 192.63. If the price turns lower from these levels, a retest of the low 190.46 would be a reasonable expectation. However, a push above 192.63 could signal the start of a reversal. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Short
by ThinkMarkets
GBPJPY - Already Over-Bought!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈GBPJPY has been bullish trading within the rising channel in blue. Currently, GBPJPY is approaching the upper bound of the channel. Moreover, the green zone is a strong supply and structure. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green supply and upper blue trendline. 📚 As per my trading style: As #GBPJPY is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
15