GJ LONG TRADE SETUP: FULL TAKE PROFIT REACHED Excellent execution! Our 1:2 full take-profit target has been reached. Well done! Enjoy the profits and let's look forward to the next trading opportunity."
JPYGBP trade ideas
Short GJTrade Bias: Bearish
The price action is forming lower highs and lower lows, indicating a downtrend.
There is a recent rejection from the 190.000 - 190.500 resistance zone.
Entry Price:
189.500 (Sell entry after a potential pullback to this resistance level)
Stop Loss:
190.200 (Above recent highs and resistance, allowing for some volatility)
Take Profit Levels:
Primary TP: 188.200 (Previous support zone)
Extended TP: 187.500 (Next major support if bearish momentum continues)
Risk-to-Reward Ratio:
1:2.5 (Risking ~70 pips for a potential 175 pips gain)
Trade Rationale:
Trend Continuation: The market is respecting a bearish structure.
Resistance Confirmation: 189.500 is a key level where sellers previously took control.
Confluence Factors: Lower highs, recent rejection, and potential for further downside if price fails to break above resistance.
GBPJPY Is Very Bearish! Short!
Take a look at our analysis for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 190.747.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 186.982 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
GJ LONG TRADE SETUP UPDATE 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.
GBPJPY SCENARIOGBPJPY: Looking for a scenario like this one, where price drops to the support and bounces back up as it is still in consolidation. The decisive move downwards should happen if price reaches 190,35
TRADING PLAN: GJ LONG TRADE SETUP Given the bullish sentiment in UJ today, and the successful liquidity grab at the London session low, we'll take a long position. Our initial target is a 1:1 risk-reward ratio, followed by a 1:2 ratio after securing some profits.
GbpjpyGbpjpy is on a down trend as we can see the market change direction from a uptrend to a down trend so we are expecting more bearish movement from the market
GBPJPYlets wait for newyork session for best trade opportunity for GBPJPY pair, for now we cant find a good position .
Save your money
GBPJPY SELL PROJECTION Price didn't tap me in this current sell, but as we can price hasn't broke that current high, so I expect price to break it and go short.
GBPJPY
Heads of Central Banks:
Head of Bank of England (BoE): Andrew Bailey
Head of Bank of Japan (BoJ): Kazuo Ueda
Economic Data Affecting GBP/JPY:
Bank of England (BoE) Events:
Interest Rate Decisions: The next BoE interest rate decision is scheduled for March 20, 2025. However, this week, Governor Andrew Bailey and other MPC members will testify before the Treasury Select Committee on March 5, discussing recent monetary policy decisions and economic outlooks.
Impact: Expectations of further rate cuts could weaken the GBP, while a pause in rate cuts might support it.
Bank of Japan (BoJ) Events:
Monetary Policy Meetings: No major BoJ meetings are scheduled this week, but ongoing discussions about potential policy adjustments could influence the JPY.
Impact: Any hints at tightening monetary policy could strengthen the JPY, while continued dovishness might weaken it.
UK Economic Data:
Inflation and Growth Figures: Rising inflation or slower growth could influence BoE decisions, impacting GBP.
Impact: Higher inflation might lead to a stronger GBP if it prompts rate hikes, while slower growth could weaken it if it suggests rate cuts.
Japanese Economic Data:
Inflation and Consumption Data: Stronger-than-expected inflation or consumption figures could lead to speculation about BoJ policy changes, affecting JPY.
Impact: Improved economic indicators might strengthen the JPY if they suggest a shift towards tighter monetary policy.
Trade Directional Bias:
Bullish Scenario for GBP/JPY: If the BoE signals a pause in rate cuts or if UK economic data surprises positively, while Japan's data remains weak, GBP/JPY might rise.
Bearish Scenario for GBP/JPY: If the BoE continues to cut rates and Japan's economic indicators improve, potentially leading to a stronger JPY, GBP/JPY could decline.
we will monitor these events and data releases to adjust our strategies accordingly.
check the trendIf the price can cross the resistance trend line with strength, the continuation of the upward trend will be likely. Otherwise, if the support range is broken, the continuation of the downward trend will be likely.
GBPJPY possible market shiftPrice fails to make swing low after sweeping all liquidities, price consolidates last week, buyers now are gaining momentum ? Possible if a body of a candle breaks Resistance
GBPJPY UPSIDE i would like to see the upside of this pair as high probability , if the 4 hour fvg being inversion, it will go at least 193.223 level
GBP/JPY Multi-Timeframe Analysis & Probability Estimation **Timeframes Covered:**
- **30-Minute (M30)**
- **1-Hour (H1)**
- **4-Hour (H4)**
- **Daily (D1)**
**Key Observations Across Timeframes:**
**1. Market Structure & Trend Analysis:**
- **Short-term:** (M30, H1) Price is trading near **equilibrium (~189.600 - 189.800)** with minor bullish structure.
- **Mid-term:** (H4) Price is rejecting from a previous **liquidity zone**, but still inside a bearish structure.
- **Long-term:** (D1) Overall, **GBPJPY is still bearish** with price bouncing from the **discount zone (188.000 - 187.500)** but failing to break above **key resistance (190.500 - 191.000).**
**2. Supply & Demand Zones:**
- **Premium Zone (~190.500 - 193.000):** Strong supply zone, price may reject if it reaches this level.
- **Discount Zone (~187.500 - 186.500):** Strong demand zone where price recently found buyers.
- **Equilibrium (~189.600 - 189.800):** Price is currently consolidating, meaning market is undecided.
**3. Liquidity Areas & Key Levels:**
- **Previous Daily High (PDH ~190.000) & Previous Weekly High (PWH ~192.000):** These levels may act as liquidity magnets.
- **Previous Weekly Low (PWL ~187.500):** If price drops, this will be the next area of interest for liquidity.
- **Weak High near 190.500:** If price struggles here, expect a reversal.
---
**Probability-Based Scenarios:**
**1. Bullish Scenario (Move Towards 190.500 - 192.000)**
- **Probability: 50%**
- **Reasons:**
- Short-term bullish momentum (M30 & H1) suggests price might push toward the **premium zone (190.500 - 192.000).**
- If price **breaks and holds above 189.800**, it could push higher.
- Liquidity above **PDH (190.000) could be a target** before a potential rejection.
**2. Bearish Scenario (Drop Below 188.500 Towards PWL)**
- **Probability: 50%**
- **Reasons:**
- **H4 & D1 remain bearish**, meaning a continuation of the downtrend is still possible.
- If price **fails to hold above 189.600**, expect a move lower towards **188.500 or even 187.500 (PWL).**
- The **0.618 Fibonacci level (190.626) is acting as strong resistance.**
**Final Thoughts & Trade Plan:**
- **Market is currently in a neutral zone (50/50 probability)**, meaning it can go either way.
- **Key Confirmation Levels:**
- **Above 189.800:** Bullish towards **190.500 - 192.000**.
- **Below 189.600:** Bearish towards **188.500 - 187.500**.
Potential GJ BuysThe 15m and 30m flipped bullish which suggests a potential retracement on the higher time frame. I would look for buys at this zone as long as price doesn't continue up to break the swing high before then.
gbpjpyThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
GBPJPY weekly analysis (Gbpjpy)Alternative (Bullish) Analysis
1. Breakout Above Resistance at 190.070
The chart suggests rejection from 190.070, but if price breaks and holds above this level, it could signal further upside momentum.
Instead of a bearish move, price could consolidate above 190.165 and push toward 191.003 or higher.
2. Strong Accumulation in the Support Zone (187.800)
The support area at 187.800 has already been tested multiple times, and each time, price has rebounded.
This could indicate a strong demand zone, meaning buyers are stepping in aggressively.
If buyers push price back to resistance and break through, a new bullish trend may emerge.
3. Liquidity Grab Below 188.000
The previous dip below 188.000 may have been a liquidity grab to stop out weak hands before a bullish reversal.
If this assumption holds, price may now aim for higher highs rather than another rejection from resistance.
4. Market Structure Shift
Instead of forming a lower high at resistance, a higher low formation could suggest an uptrend.
If price finds support around 189.000 instead of dropping to 187.800, a bullish continuation pattern would be confirmed
ABOUT GBPJPYMy option about GBPJPY Is more bearish so that zone is good and strong restanice if the price comes to that zone it can pullback
Bearish momentumMajor discount going to occur in the markets
I see bearish structures especially now with the momentum we can break this strong 3m demand zone and look for bearish set ups during london or ny session.
900 pip move
Looking to aim at bearish wick to fill on the left side.
Go to highest time frame you can
We are at a heavy resistance area
GBPJPY A Fall Expected! SELL!
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 189.95 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 189.26
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
GBPJPY trend continuation?Next week, we can expect the continuation of the trend. The technical analysis is fully explained in the chart, but what needs to be watched are the fundamental reports:
Manufacturing PMI on Monday, (impulsive move)
Tuesday nothing (correction move)
Services PMI on Wednesday, (impulsive move)
Jobless Claims on Thursday, (impulsive move)
and NFP along with Fed Chair Powell's speech on Friday. (impulsive move)
We expecting high volatility during news events. Trade what you see, not what you think.
GBP/JPY | forecast channel pattern target levels 184.500📉 GBP/JPY Price Forecast 📉
🔻 Market Structure: Downside Channel Pattern
📍 Fair Value Gap (FVG) Retrace: 190.100
🎯 Entry Point: 189.300
🏆 Target Point: 184.500
📊 Indicator: EMA 50 for trend confirmation
💡 Trading Strategy:
Waiting for a retracement to the FVG zone before resuming the downtrend.
EMA 50 acting as dynamic resistance.
Strong risk-to-reward ratio for potential profits.
⚡ Stay Ahead of the Markets!
📌 Like, Comment & Follow for real-time trade alerts and expert insights!
