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JAPANESE YEN / BRITISH POUND

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JPYGBP trade ideas

GBPJPY Hello traders. There is a sell opportunity on the GBPJPY pair. We just need to wait for the price to retest the marked level. Once that happens, it will present a good entry opportunity. You can consider joining the trade with the following targets: 🔍 Trade Details ✔️ Timeframe: 15-Minute ✔️ Risk-to-Reward Ratio: 1:2 ✔️ Trade Direction: Sell Limit ✔️ Entry Price: 195.251 ✔️ Take Profit: 194.715 ✔️ Stop Loss: 195.519 🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes. 📌 Interested in a systematic, data-driven trading approach? 💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
Short
by Nurlan_PT
GBP/JPY Remains Trapped in a Sideways ChannelAt the moment, GBP/JPY continues to face steady buying pressure, which has held firm as the yen weakens gradually, driven by a temporary easing in trade war tensions. This has diminished the yen’s appeal as a safe-haven asset in the short term. While the bullish bias remains intact, it has not been strong enough to break out of the broad sideways channel that has defined price action in recent months. Wide Sideways Channel Since October 2024, the pair has remained confined within a broad horizontal range, bounded by resistance at 198.245 and key support at 188.437. So far, price movements have been insufficient to break out of this channel in the short term, making it the most relevant structure to monitor in the upcoming sessions. Short-Term Uptrend Within this broader range, bullish price swings have formed a steady short-term uptrend. However, recent moves have failed to produce higher highs, signaling a possible pause in upward momentum. If a neutral bias persists, this could challenge the ability of the uptrend to break free from the larger range. Indicator Divergence Flat price highs in GBP/JPY, combined with lower highs in RSI and MACD, have formed a bearish divergence, pointing to potential short-term exhaustion in buying pressure. This market imbalance could open the door for corrective selling in the near term if the divergence persists. Key Levels to Watch: 196.406 – Current Resistance: Marks recent highs and could trigger short-term selling corrections if tested again. 198.245 – Major Resistance: Upper boundary of the broader sideways channel. A break above this level would invalidate the range and potentially signal a stronger bullish bias in upcoming sessions. 193.078 – Key Support: Aligns with the ascending trendline and the 50- and 200-period moving averages. A return to this level would reinforce the neutral tone and extend the current range-bound structure. Written by Julian Pineda, CFA – Market Analyst
by FOREXcom
GBPJPY Technical & Order Flow AnalysisOur analysis is based on a multi-timeframe top-down approach and fundamental analysis. Based on our assessment, the price is expected to return to the monthly level. DISCLAIMER: This analysis may change at any time without notice and is solely intended to assist traders in making independent investment decisions. Please note that this is a prediction, and I have no obligation to act on it, nor should you. Please support our analysis with a boost or comment!
Long
by dkb14246
1
GBPJPY BUY TRADE PLAN🔥 Pro Trade Plan – GBP/JPY 🗓️ Date: May 15, 2025 🧾 Style: Discretionary | Raw Price Action | Institutional Flow Logic 🧭 Market Narrative & Multi-TF View: 1H: Price coiling tightly under 196.20. Wicks showing absorption near highs. Volatility compression = breakout likely. 4H: Consolidation just below previous supply. Strong demand from 195.00 zone holding firm. 1D: Structural pivot. Buyers showing dominance with higher lows but stuck under ceiling. Weekly: Mid-structure churn. Trend still bullish-biased, but 196.50–198.00 key resistance area. 🎯 Trade Strategy Breakdown ✅ Primary Trade Idea: Breakout Long (Pending Order) Type: Intraday to short-term swing Status: 🟡 Pending Breakout – Not Yet Triggered Trigger: H1 or H4 candle close above 196.20 Order Type: Pending Buy Stop @ 196.25 Stop Loss: 195.20 (below 4H structure low) Take Profits: TP1: 196.80 (gap fill) TP2: 197.50 (weekly resistance touch) TP3: 198.20 (extended HTF supply zone) Confidence: 🔵 80% Reason: Solid support below, compression pattern, potential for volatility burst. My Forecast: Breakout likely after compression. I would personally take this setup with tight control on SL if liquidity sweep occurs first. My Forecast: This is tactical – if no clean breakout, we might trap late buyers, dip back to range low. I would only consider it if I see full rejection confirmation. 🧪 Forecast Summary & Execution Logic ✅ Most likely outcome: Breakout to upside after 196.20 breach ❗ Do not enter early — wait for candle close above 196.20 🧠 I would set a pending buy stop and watch volume at the break ❌ Avoid market buys without structure confirmation 🛠️ Final Execution Checklist: Criteria Status Compression below resistance ✅ Institutional liquidity nearby ✅ MTF bias aligned (1H–4H–1D) ✅ Breakout confirmation candle ⏳ Waiting Volume + PA signal ⏳ Waiting 💬 What I Would Do: I will only execute the Buy plan if 196.20 breaks with a solid body and confirmation on H1/H4. I'd place a Buy Stop @ 196.25 with a defined SL. If price rejects violently with a proper reversal signal, I’ll shift focus to the tactical short plan but with reduced size. No market orders pre-break — disciplined entry only.
Long
by jibkhan111
5
DeGRAM | GBPJPY reached the resistance for the third time📊 Technical Analysis ● Price stalled in the 195.5-196.0 red resistance zone and printed a bearish engulfing (labelled “bearish take-over”) after repeatedly failing at the channel roof; the pattern completes a rising-wedge false break. ● Candle has slipped back under the mid-support band 194.0-194.3 and the wedge base; sustained trade below it opens a drop toward 193.50 (prior swing shelf) then 191.80 within the broader channel. 💡 Fundamental Analysis ● After May’s weak UK GDP outlook and dovish Bailey remarks, gilts out-performed JGBs for a second week, trimming the yield premium, while risk-off flows ahead of the BoJ meeting add yen demand. ✨ Summary Short ≤195.5; break beneath 194.0 targets 193.5 → 191.8, stretch 190.4. Short view void on a 4 h close above 196.0. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
4
OANDA: GBPJPY Sell SetupBased on current price action, the market has approached a key resistance level, forming equal highs—a potential signal of liquidity buildup. Subsequently, a bearish rejection has emerged, suggesting a possible reversal to the downside. As history often repeats itself, there's a strong probability that price may decline again following this structure. Trade Setup (Risk Parameters): Entry: 195.453 Stop Loss: 195.807 Target Levels: Take Profit 1: 194.774 Take Profit 2: 194.253 Take Profit 3: 193.305 I welcome your insights—feel free to share your thoughts in the comments. If you find this analysis helpful, consider boosting and following for more trade ideas. Wishing everyone safe and profitable trading!
Short
by TradesbyJV
20
GBPJPY Eyes Reversal from Resistance – Bears Geting ReadyHey Traders, OANDA:GBPJPY is currently testing a key resistance zone around 195.75 - 196.35, showing early signs of rejection. The pair recently completed a bullish impulse, but bearish pressure is creeping in as price forms a potential lower high-suggesting a possible shift in structure. Current Market Conditions: Price is reacting to a historically significant resistance near 196.35, which has capped previous rallies. Bearish engulfing candle near this zone signals exhaustion of bullish momentum. A break below 195.00 would confirm a short-term trend reversal, with room for a deeper pullback. Next major support lies at 193.51, which aligns with previous demand and consolidation zones. Fundamental Analysis/Outlook: Today’s UK labor market data showed slowing wage growth, reducing pressure on the Bank of England to maintain a hawkish stance. Meanwhile, JPY strength is creeping in as market participants remain cautious ahead of upcoming BoJ announcements. This divergence in monetary policy outlooks may fuel further downside in GBPJPY. Targets: TP1: 194.79 TP2: 193.51 TP3 (extended): 192.20 (if risk sentiment sharply worsens) Risk Management: Stop-Loss: Above 196.35 to invalidate bearish bias. Maintain proper position sizing. Wait for confirmation of a lower high or trendline break before aggressive entry. Technical Outlook: Potential bearish structure forming. Resistance held multiple times between 195.75 – 196.35. Rejection candles and a break of recent support would favor sellers. Conclusion: If price confirms rejection at current levels, bears could take control toward 193.50 support. Keep an eye on momentum shifts and key price action signals for confirmation. Sign-off: "Markets move on conviction, not hope. Trade what you see, not what you feel." I would love to hear your thoughts in the comment section, and please hit boost and follow for more ideas. Thank you, and profitable trading to you all!
Short
by SignalSage_Ben