JPYGBP trade ideas
Why GBPJPY is Bullish?? Detailed technical and fundamentalsThe GBP/JPY pair has recently confirmed a bullish reversal by breaking out of a falling wedge pattern, aligning with our earlier analysis. Currently trading at 194.000, the pair is on track toward our target of 199.000.
Technically, the breakout from the falling wedgeโa pattern typically indicative of bullish reversalsโsuggests increased buying momentum. This is further supported by the pair's ability to maintain levels above key resistance points, now acting as support. The next significant resistance is anticipated around the 195.000 level, a psychological barrier that, if surpassed, could pave the way toward our 199.000 target.
Fundamentally, the British pound has been bolstered by positive economic indicators, including robust GDP growth and a resilient labor market, enhancing investor confidence. Conversely, the Japanese yen has experienced depreciation due to the Bank of Japan's commitment to ultra-loose monetary policies, aiming to stimulate inflation and economic growth. This monetary policy divergence has contributed to the upward trajectory of GBP/JPY.
In conclusion, the confluence of technical and fundamental factors supports a bullish outlook for GBP/JPY. Traders should monitor upcoming economic releases and central bank communications, as these could impact market sentiment and price action. Maintaining a disciplined approach with appropriate risk management strategies is essential as the pair approaches the 199.000 target.
GBP/JPY 15-Minute Chart Analysis1. Market Structure
The chart indicates a potential reversal or correction after an extended bullish run.
Price reached a strong resistance zone (~194.45 - 194.92) and is now showing signs of rejection.
A bearish retracement is forming, with price breaking a short-term ascending trendline.
2. Key Levels
Resistance Zone (~194.45 - 194.92): This area acted as a supply zone where price faced selling pressure.
Support Zone (~193.30 - 192.90): This is the next potential demand zone where buyers may step in.
3. Bearish Setup Confirmation
The trade setup suggests a short (sell) position, with:
Entry after trendline break (~194.30 - 194.29)
Stop-loss above resistance (~194.92)
Take-profit at next support (~193.30 or 192.90)
The Risk-to-Reward Ratio (RRR) looks favorable, with a target almost twice the risk.
4. Trading Strategy
If Price Stays Below 194.30 โ Bearish confirmation; hold sell trade.
If Price Breaks Above 194.92 โ Trade invalidation; cut losses.
If Price Drops to 193.30 - 192.90 โ Secure profit or trail stop-loss.
5. Additional Confirmation Factors
EMA 50: Price is testing the 50 EMA, which may act as short-term resistance.
Bearish Momentum: Rejection candles at the resistance zone indicate selling pressure.
Conclusion
Primary Bias: Bearish (short-term correction)
Entry Zone: ~194.30 - 194.29
Stop Loss: ~194.92 (above resistance)
Take Profit: ~193.30 or ~192.90
Trade Confirmation: Look for bearish momentum and rejection candles.
GBP/JPY 2-Hour Analysis & Possible ScenariosGBP/JPY 2-Hour Analysis & Possible Scenarios
Current Market Structure
The pair is in an uptrend, as seen from the ascending trendline.
Price has reached a resistance zone around 194.5 - 195.0, where it is showing signs of rejection.
The market is trading above the 50 EMA, indicating that the overall momentum is still bullish.
Possible Scenarios
Bullish Continuation:
If price breaks above the resistance zone (195.0+), we could see further upside.
A retest of the breakout zone could provide a buy opportunity targeting 196.5 - 197.0.
Bearish Reversal (Pullback Scenario):
If price fails to break above resistance, we may see a rejection.
A break below the trendline and 193.5 support could confirm a deeper pullback.
The next potential downside target would be 191.8, with a possible further drop to 189.0.
Range Formation:
If price consolidates between 193.5 - 195.0, expect choppy movement.
A breakout in either direction would determine the next major move.
Key Levels to Watch
Resistance: 194.5 - 195.0 (Current Supply Zone)
Support: 193.5 (Trendline Support), 191.8 (Major Previous Structure)
Target (If Breakdown Occurs): 189.0
Mister Y - GJ - Tuesday - 18/03/25 Top down analysisAnalysis done directly on the chart.
If you have missed this move and you are now FOMOing.
Don't worry, markets always present new opportunities,
new setups. Learning when not to trade will surely save
from bad trades as well.
Not financial advice, DYOR.
Mister Y
GBPJPY still bullish for expect
GBPJPY price is bounce 3 times on trend line, we are have and strong, long zone, which is be and breaked, we are not see some to long bullish push, price is revers what is done, currently from here expecting to see new bullish trend.
SUP zone: 190.150
RES zone: 194.250, 195.400
Look out for reversal on GBPJPY !I have been running on buys for gbpjpy and currently running at 750 pips.
My view for this pair remains bullish BUT i will be watching these zones and reversal prices for any shift of momentum in order for me to ride any bearish opportunity.
Will still hold my buys, but will be actively looking for opportunity to sell as well.
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐๐ผ
(GPBJPY) trading signals technical analysis satup๐๐ผ
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) ๐๐ผ
ENTRY POINT (192.600) to (192.500) ๐
FIRST TP (192.800)๐
2ND TARGET (193.100) ๐
LAST TARGET (193.400) ๐
STOP LOOS (192.00)โ
Tachincal analysis satup
Fallow risk management
GBPJPY: Both Moves Are Possible But It Has Higher Odds To RiseGBPJPY: Both Moves Are Possible But It Has Higher Odds To Rise
19 March - Bank of Japan (BOJ) Rate Decision The BOJ is expected to maintain its interest rate at 0.5%, with no hike anticipated. While the rate decision itself seems predictable, the real market mover will likely be the press conference. If the BOJ avoids providing clear guidance on its monetary policy and leaves room for interpretation, the Japanese yen (JPY) may weaken further.
20 March - Bank of England (BOE) Rate Decision The BOE is also expected to hold its interest rate steady at 4.5%, with no cuts or hikes on the horizon. This aligns with market expectations.
You may watch the analysis for further details!
Thank you:)
โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
gbpjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBP/JPY Breakout Sell Trade Analysis๐ต๏ธโโ๏ธ Market Structure Analysis
The price was in a strong uptrend, forming higher highs and higher lows.
A key resistance zone was identified around 194.65 - 194.78, where price previously reacted.
The price tested this resistance multiple times but failed to break above it, showing exhaustion.
๐ Trade Entry Confirmation
โ
Resistance Rejection โ Price reached the 194.65 - 194.78 resistance zone and struggled to break above it.
โ
Breakout Confirmation โ The price started forming lower highs and showed bearish rejection wicks.
โ
Liquidity Grab โ A small fakeout above resistance before reversing, trapping buyers.
โ
Bearish Candlestick Formation โ Price formed a strong bearish candle rejection, confirming a possible reversal.
๐ Trade Execution
๐น Sell Entry: After price rejected the resistance zone and showed bearish momentum.
๐น Stop-Loss (SL): Above 194.78 (previous high & resistance zone).
๐น Take-Profit (TP): 192.18 (previous support & liquidity area).
๐น Risk-to-Reward (RR): 1:3 or better, maintaining proper trade management.
๐ Risk Management & Trade Plan
Partial Take-Profit at 1:5 RR, letting the rest run to full TP.
Trailing Stop to secure profits if price moves in favor.
Exit strategy if price shows bullish reversal signs before TP
GBP/JPY TODAY EXPECTED MOVERight now, we are analyzing the GBPJPY 1-hour time frame chart. My bias for today is towards the sell side, and I will be looking to sell the market today. As you can see on the chart, these are our key levels. Once the market price reaches our key levels and POI, we will wait for confirmation whether the price shows a bearish confirmation or forms a reversal candlestick pattern, so we can find the ideal entry point for our trade and execute it with precision. The most important thing to remember is to always wait for confirmation.
Make sure to always use a stop loss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my analysis. Let's see what happens.
#GBPJPY 1H Technical Analysis Expected Move.
GBPJPY ANALYSIS FOR SELL*GBP/JPY Sell Opportunity Alert!*
We've identified a high-probability selling opportunity in the GBP/JPY pair, with a sell entry at 192.300. This level represents a strong resistance level, where sellers are likely to enter the market and push prices lower.
*Key Influencers:*
- Currencies: USD, EUR, and JPY
- Commodities: Oil
- Bonds: Gilt, GJGB10, and T-Note
- Indices: FTSE 100, Nikkei 225, and Dow Jones
- Organizations: Bank of England, Bank of Japan, and respective governments
*Trade Details:*
- Sell Entry: 192.300
- Target Levels: 191.440, 190.508, and 188.607
- Stop-Loss: 193.810
*Reasons to Sell:*
1. *Technical Resistance:* Strong resistance level at 192.300.
2. *Bearish Momentum:* Bearish signals from momentum indicators.
3. *Fundamental Analysis:* Negative UK economic data and strong JPY.
4. *Overbought Conditions:* Overbought conditions on RSI indicator.
*Trading Strategy:*
Sellers may enter at 192.300, with a stop-loss at 193.810. TP levels can be used to take profits or adjust the stop-loss.
*Share with Your Friends!*
Don't miss out on this potential trading opportunity! Share this alert with your friends and fellow traders, and let's make some profitable trades together!
*Remember:* Always use proper risk management and trading strategies to minimize losses and maximize gains. Happy tradings
Keep your best wishes to Travis ๐ฏ