#GBPJPY | +300 Pips In — Eyes on 194 Breakout"GBPJPY continues to respect a strong bullish structure, bouncing cleanly from the 190.200 demand zone with over +300 pips in upside movement.
The pair is now consolidating below the 194.00 resistance — a key level to watch for a potential breakout that could trigger the next leg toward 197.00 and 200.00.
This setup aligns with higher-timeframe bullish momentum, ascending trendline structure, and strong support zones.
Ideal for swing traders looking for mid-term opportunities with defined risk and reward.
Follow for clean, structured setups focused on momentum and price action.
JPYGBP trade ideas
GBP-JPY Free Signal! Sell!
Hello,Traders!
GBP-JPY is trading in an
Uptrend and the pair is once
Again about to retest a horizontal
Resistance level of 193.665
So despite our bullish bias
We will enter a local short trade
On Monday with the Take Profit
Of 192.946 and the Stop Loss
Of 193.799 which is slightly
Above the upper bound of
The wide supply area
Sell!
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GBPJPY is Holding above the Support , All Eyes on BuyingHello 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
GBPJPY BULLISH OR BEARISH DETAILED ANALYSISGBPJPY is currently trading near 190.80 and is forming a significant breakout structure on the 3-day chart. After months of consolidation under a descending trendline, the pair is now coiling tightly, signaling a potential bullish breakout. The pair has respected the lower support range near 183.70 while pushing up against descending resistance multiple times. This squeeze pattern often precedes a major directional move, and with bullish momentum building, GBPJPY could be primed for a rally toward the 210.00 zone.
Fundamentally, the British pound is finding strong support from the latest hawkish commentary by the Bank of England, which has hinted that inflation remains sticky, keeping rate cut expectations delayed. On the other hand, the Japanese yen remains under consistent pressure due to the Bank of Japan's ultra-dovish stance and yield curve control policies. The BoJ’s reluctance to shift its policy outlook, coupled with soft macro data from Japan, is weakening the yen across the board.
Technically, a breakout and close above the descending trendline around 194.00 will be a key confirmation point. If this happens, bulls could dominate and push GBPJPY toward the 210.00 resistance zone in the medium term. The R\:R on this setup remains favorable with stops safely tucked below 183.70, giving this trade strong upside potential.
This pair is currently one of my top watchlist setups for May as both the technical and fundamental landscapes align. With bullish sentiment driving GBP strength and JPY weakness being a prevailing macro theme, GBPJPY could deliver a powerful upside continuation if the breakout confirms.
GBPJPY 4hrI expect and hope that it will move bullish and make a strong move until it reaches the zone between 197.654 - 201.789. At that point, the market will decide the structure—whether it will continue its bullish trend or reverse into a bearish move, which could then take it down to the zone between 178.254 - 175.354.
SELL GBPJPYMarket Trend - Ranging market (Weekly TF)
Price is currently at major resistance and last daily close was a weak bullish candle
Double top formed on H4 and H1
Signal on H1 for a reversal (bearish pinbar, Bearish engulfing) or a break and retest of previous low on H4 would be a signal for entry.
JPYs move in the same direction so EURJPY can give an indication too
Mrwarm cares...
GBPJPY Bullish Breakout – Watch for Momentum Towards 194.60GBPJPY has broken out of a descending wedge and is now retesting the breakout zone near 189.50–189.80. This area aligns with previous structure support and the wedge's upper boundary. Price action indicates bullish momentum is resuming.
🔑 Key Levels:
Current Price: 189.66
Breakout Level: ~189.50
Resistance Targets:
TP1: 190.55 (recent resistance high)
TP2: 192.57
TP3: 194.61 (key supply/weekly resistance zone)
✅ Bullish Confluence:
Breakout from falling wedge pattern
Strong retest of breakout zone with consolidation
Higher low formation and bullish engulfing attempt
No major resistance until 190.50, providing clean upside
🧠 Fundamental Context:
CBI Report (UK): Sentiment and investment outlook among UK manufacturers is deteriorating, but the pound has shown resilience likely driven by broader risk-on market sentiment.
BOJ Outlook (Japan): IMF suggests BOJ is likely to delay further rate hikes due to global uncertainty from US tariffs, maintaining a dovish bias. This weakens the yen’s fundamental strength.
Market Mood: With Japan facing delayed policy tightening and UK's inflation still above target, GBPJPY favors the bullish case in the short term.
💡 Trade Idea:
Bias: Bullish above 189.30
Entry: On retest confirmation around 189.50
Target 1: 190.55
Target 2: 192.57
Target 3: 194.61
Stop Loss: Below 188.80
📌 Note: Keep an eye on US data and BOJ tone shifts. Any risk-off shift in global markets could affect yen strength unexpectedly.
GBP/JPY Bullish Setup – Dow Theory ConfirmationAccording to Dow Theory, the GBP/JPY pair is currently forming a consistent series of Higher Highs (HH) and Higher Lows (HL) — a strong indication of an ongoing bullish trend.
To capitalize on this trend continuation, we are placing a Buy Stop order. If the price breaks above the previous HH, it will confirm the bullish momentum, and we’ll execute the trade based on the levels below:
📊 Trade Parameters:
Pair: GBP/JPY
Trend: Bullish
Entry Point (Buy Stop): 193.557
Stop Loss (SL): 192.276
Take Profit 1 (TP1): 194.838 ✅ (1:1 Risk-Reward)
Take Profit 2 (TP2): 196.119 ✅ (1:2 Risk-Reward)
Lot Size: 0.11
Risk: $200
Potential Reward: $300
🧠 Strategy:
We will open two trades:
First trade will target a 1:1 risk-to-reward ratio
Second trade will aim for a 1:2 risk-to-reward ratio
This approach allows early profit booking while giving space for extended gains if the bullish breakout continues.
#GBPJPY #ForexSignals #BullishTrend #DowTheory #BreakoutTrade #RiskReward #TechnicalAnalysis #BuySetup #TradingView
DeGRAM | GBPJPY Formed a Falling Wedge📊 Technical Analysis
● Clean breakout above the 190.3 –191.3 demand zone and retest of the grey downtrend line sets a bullish base.
● The small falling wedge points to horizontal resistance at 193.5.
💡 Fundamental Analysis
● BoE minutes reveal a hawkish tilt, cementing a wide UK–Japan yield gap as markets push back rate-cut bets .
● BoJ stays ultra-dovish: April CPI slowed to 2.3 % YoY, keeping the yen soft against higher-yielding currencies .
✨ Summary
Demand-zone hold + hawkish BoE/dovish BoJ underline a short-term long bias: targets 193.5 → 196; invalidation on a close below 190.
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GBPJPY SHORT FORECAST Q2 W19 D9 Y25GBPJPY SHORT FORECAST Q2 W19 D9 Y25
Professional Risk Managers👋
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!
💡Here are some trade confluences📝
✅Weekly order block rejection
✅Daily order block rejection
✅Intraday 15' order blocks
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPJPY H4 | Bullish Rise Based on the H4 chart analysis, the price is falling toward our buy entry level at 191.67, a pullback support that aligns close to the 61.8% Fibonacci retracement.
Our take profit is set at 193.31, a recent swing high resistance
The stop loss is placed at 190.52, below a swing low support
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GJ LongsThe weekly candle has already formed its lower wick. Since Wednesday, we've seen a daily retracement into the pro-trend. Today and possibly Friday, we may see weekly bullish pro-trend movement.
Daily candle formations aren't super clear, but GBP/JPY as a trending market should respect the weekly formation.
Watching how the London session develops for entry.
Previous week Highs as target
GBPJPY: Entering the most optimal medium-term Sell Zone.The GBPJPY pair is bullish on its 1D technical outlook (RSI = 59.237, MACD = 0.300, ADX = 16.909) as it is expanding the bullish wave of the 6 month Channel Down. The two prior peaked on the 0.786 and 0.9 Fibonacci retracement level respectively. This bullish wave has already reached the 0.786 Fib, so it has entered the most optimal Sell Zone for the medium term. Even if it peaks on the 0.9 Fib, a -5.90% bearish wave (similar with the 3 prior) would test 183.500.
See how our prior idea has worked out:
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