GBP-JPY DAILY ANALYSIS GBP-JPY
Was and still bearish until today, expected to continue the down wave to 180-175-171, unless breaking the 190-193.
JPYGBP trade ideas
GBPJPY LONGPrice has taken out previous AOI and did not give us a clear entry where it rejected. However we now allowed price to play out and give us an key potential entry level
considering other price patterns we can see the beautiful H&S and we can clearly see how price has rejected of that key AOI and potential right shoulder.
GBP/JPY Low Risk BUYS - SWINGLOW RISK TRADE
If you prefer not to swing you can scalp buys on the pullbacks throughout the week ahead.
GBP/JPY - BULLISH ENGULFING CONFIRMED
A+ SETUP since it has touched
and respected our area of interest.
SL - 185.599
TP1 - 190
TP2 - 192.799
TP3 - 194.681
GBPJPY downtrend continuation below 190.96The GBPJPY pair is exhibiting a bearish sentiment, reinforced by the ongoing downtrend. The key trading level to watch is at 190,96 which represents the current intraday swing high.
In the short term, an oversold rally from current levels, followed by a bearish rejection at the 190.96 resistance, could lead to a downside move targeting support at 184.78 with further potential declines to 182.70 and 177.80 over a longer timeframe.
On the other hand, a confirmed breakout above the 190.96 resistance level and a daily close above that mark would invalidate the bearish outlook. This scenario could pave the way for a continuation of the rally, aiming to retest the 192.65 resistance, with a potential extension to 194.33 levels.
Conclusion:
Currently, the GBPJPY sentiment remains bearish, with the 190.96 level acting as a pivotal resistance. Traders should watch for either a bearish rejection at this level or a breakout and daily close above it to determine the next directional move. Caution is advised until the price action confirms a clear break or rejection.
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GBPJPY: From Oversold Bounce to Potential DowntrendFenzoFx—The GBP/JPY currency pair bounced from 184.42 due to RSI 14 being oversold. As of now, it trades near 187.7, having erased 1.0% of recent gains.
The trend remains bearish with prices below the 50-period simple moving average and the 50.0% Fibonacci resistance level at 190.2. Support is at 187.0, and a drop below this could target 184.42.
The Bullish Scenario
However, if GBP/JPY surpasses 190.2, bullish momentum may extend to 192.0.
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GBPJPY Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for GBPJPY below:
The price is coiling around a solid key level - 188.12
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 190.71
Safe Stop Loss - 186.87
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Short trade
Trade Breakdown – Sell-Side (GBP/JPY)
📅 Date: Thursday, April 10, 2025
⏰ Time: 5:45 AM (London Session AM)
📉 Pair: GBP/JPY
📉 Trade Direction: Short (Sell)
Trade Parameters:
Entry Price: 188.632
Take Profit (TP): 187.731 (-0.48%)
Stop Loss (SL): 188.883 (+0.13%)
Risk-Reward Ratio (RR): 3.59
Strategy PD Array, Supply Zone Rejection
🎯 Target Detail: 0.328 (PD Array) →
Referencing a draw on the liquidity/displacement level
within a Price Delivery Array.
GBPJPY LONGON a long term swing trade on GJ. looking for re-entery at 188.096
which will take us to 195.500
Will be expecting price to test and reject off our AOI at 188.092 for a safe long position.
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.
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.
