GBPJPY BullishGBPJPY is beginning a new trend, a bullish one. Have your buy orders ready at 186,912. An inverse head and shoulders pattern is in formation.
JPYGBP trade ideas
USDJPY and GBPJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPYPrice took liquidity and momentum is bullish. The entry is a little early but the push upwards should start.
GBPJPYGBPJPY
- Bearish Channel as an corrective pattern in Short Time Frame
- Break of Structure
- S / R Level
- Change of Characteristics
- Falling Wedge
GJ-Thu-10/04/25 Top down analysis-Finally hit 184.600!Analysis done directly on the chart
What are the difficulties you encountered during
your trading journey? How did you overcome it or
what's your approach to fix it?
Comment down below
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPJPYI'm looking for quick transfer uptrend ,
Buying area 186.9 - 187.1
Target 192 - 192.4
SL 186.5
GBPJPY Bearish FlagSell GBPJPY now towards London Open. Price is presenting a bearish flag formation on M15. Sell now towards 187,5 and stop loss above 188,9
A possible bearish movement GBPJPY has been on a bullish run for sometime, currently there is some sell opportunity. lets look if its a bearish movement or just a retracement
09-04-2025 _ Short Term Bearish Idea _ GBPJPY H11- Price moving in a downtrend.
2- No divergence against.
3- One can expect a push to the downside.
Bullish GBPJPYHello World of Traders,
Very Bearish when it comes to the USD overall movements. Prices are cheaper than ever; which includes the benefits that come with buying cheaper.
GBPJPY Reached a Strong support a Pull back is possibleThe GBPJPY has hit a robust channel support, and a rebound from this level is likely. Let's observe how it unfolds.
GBP/JPY For Bearishwait for pull-back near entry point and then go short
general trend is down trend
have fun :)
GBP/JPY Long trade ideaPrice hit weekly bullish OB, is forming a bullish flag on 1H. On the COT , Commercials are at all time bearishness on JPY.
Entry is above sonday open.
www.tradingview.com
GBPJPY forms three drives pattern, good to buy on dips
Pattern formed- Three drives pattern (Bullish)
The GBP/JPY was one of the worst performers this week on board -based yen buying. It hit a low of 185.57 at the time of writing and is currently trading around 186.27. Intraday trend is bullish as long as support 185 holds.
The GBP/JPY pair is trading below 34 and 55 EMA (Short-term) and 200 EMA (long-term on the 4-hour chart, confirming a bearish trend. Immediate resistance is at 186.75, a breach above this level targets of 187.15/187.88/189/189.50/190/191/191.75/192.30/193. Downside support is at 185.50 with additional levels a 183/180.
Market Indicators
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Buy on dips
It Is good to buy on dips around 186 with SL around 185 for a TP of 190.
POTENTIAL LONGS ON GBP/JPYGBP/JPY 1D - Now price has traded into a large area of Demand I am expecting a reversal in this market, as we know this market is predominantly bullish anyway with the JPY being quite a weak currency compared to the GBP.
I want to see price break structure to the upside more fractally, giving us the confluence to suggest that enough Demand has been introduced to see price trade higher, once we have that we can begin looking for longs.
Following the prevailing trend we have majority traders on our back to help drive price higher. A break will give us the confluence needed so once we have that we just need to wait for price to pullback.
Price pulling back gives us the means to get involved in this market with a refined entry. allowing us to have greater risk to reward returns on our trades.
correctionIt is expected that the trend will change within the current support range and we will see the start of the upward trend. Otherwise, the downward trend will continue.
GJ-Wed-9/04/25 Top down analysis-Ueda speech|FOMC minutes!!!Analysis done directly on the chart
BOJ Ueda speaking in London session, you might
see price moves fast and don't know what is
happening. Just trade safe, manage your risks.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/JPYgoing long on GJ VERY SOON
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GBP/JPY risky long on 4Hwe have approached bottom of the bearish channel and saw rejection from there. I expect price to form double bottom like it diid before so I have opened short position with TP 186.7 then I expect bullish behaviour until 193 to repeat history
Elliott Wave Indicates Bearish Sequence for GBPJPYThe Elliott Wave perspective indicates that GBPJPY has entered a bearish sequence from its October 30, 2024 high. It signals further downside potential. From that peak, wave (W) concluded at 187.05, followed by a wave (X) rally that terminated at 195.94, as illustrated in the accompanying 1-hour chart. Currently, wave (Y) is unfolding lower, exhibiting an internal zigzag structure.
Breaking it down from the wave (X) high, wave ((i)) declined to 192.7. The subsequent wave ((ii)) rally peaked at 195.77. The pair then resumed its descent in wave ((iii)), reaching 187.51, before a wave ((iv)) bounce concluded at 190.29. The final leg, wave ((v)), completed at 186.05, marking the end of wave A in a higher degree. From there, wave B unfolded as a zigzag corrective pattern: wave ((a)) rose to 188.83, and wave ((b)) pulled back to 187.09. Wave ((c)) advanced to 190.08, completing wave B. The pair has since resumed its decline in wave C.
In the near term, as long as the pivotal high at 195.94 remains intact, any rallies are expected to falter in a 3, 7, or 11 swing structure, reinforcing the outlook for further downside. Traders monitoring this setup should anticipate limited upside and watch for confirmation of this bearish continuation.
GBPJPY TRADE UPDATE: 1:1 PROFIT ACHIEVED With our 1:1 profit target achieved, we'll now aim for a 1:2 ratio. To lock in some gains, let's secure half of the profits and allow the remaining position to run towards the full take-profit level.
Buy Limit GBPJPYBuy Limit orders for GBPJPY at 186,308. We will be targeting 187,888. We can have stop losses at 185,999. Let us see how it goes
