JPYGBP trade ideas
WAITING FOR A TRIANGLE BREAKOUT Monitoring a 4H time frame on GBPJPY, we're nearing on a breakout only that we need to keep an eye whether it will be at the top or bottom.
If it happens at top, we shall have a bullish trend and if bottom, bearish.
Any idea concerning what have written hear is highly welcome.
GJ-Wed-4/06/25 TDA-GJ strong push, will it continue?Analysis done directly on the chart
Follow for more, possible live trades update!
Trading is not easy, there are so many factors,
variants that influence the price movement.
Generally when big moves happen, it is caused
by big news, important speeches, flash news.
Markets don't move randomly, it's really important
to understand why price had this particular move,
at that specific time and ask why.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPJPY 15-min chart setup✅ What I Like:
Liquidity Sweep at 195.000: Price ran buy-side liquidity above a clear psychological level and showed signs of rejection — classic manipulation.
FVG + Premium Retracement: The short setup aligns with an entry around the 0.618–0.75 retracement zone of the recent leg up, which is also inside a fair value gap.
Timing
🔻 Concerns:
Momentum: The bullish impulse leading to 195.000 was strong. If no displacement confirms the move down, price may consolidate or go higher.
No Strong Break of Structure Yet: To validate full bearish intent, I'd prefer to see a solid break below a recent short-term low (market structure shift).
YEN WEAKENS ON UEDA’S DOVISH CAUTION;WHILE GBPJPY SLIDES TO
During governor Kazuo Ueda’s speech on Tuesday, he emphasized that the central bank would raise interest rates once it is convinced enough that economic and price growth will re-accelerate after a period of stagnation.
He further signaled the central bank will continue to taper its huge bond buying even after an existing plan running through March expires, underscoring its resolve to stay on course for a slow but steady withdrawal of ultra-easy policy.
The Bank governor further highlighted the challenges posed by higher U.S. tariffs, which could reduce exports, hamper corporate profits, and impact wage growth and consumer sentiment. Despite headline inflation reaching 4.6% in April, above the BOJ's 2% target the central bank maintains low interest rates at 0.50%, expecting food price inflation to ease.
Ueda's remarks led to a depreciation of the yen, as markets interpreted his cautious stance as a sign that immediate rate hikes are unlikely. As at the time of writing, the yen is down by 0.08%, and the GBP by 0.14%.
TECHNICAL VIEW:
From technical perspective, GBPJPY remains in a short-term downtrend on the 2-hour chart. The pair is currently trading at 193.16 and down by 0.07% as at 02:25PM GMT+4. Meanwhile, the pair found support near 192.56, with the RSI hovering around 38.6. The emergence of a bearish hidden divergence suggests there may still be further downside potential. If the bearish momentum continues, technicians expect price to tank further with potential target around 192.56, 191.88 and then 190.86. On the flipside, a bullish rally would likely usher in potential targets around 193.86, 194.65 and 196.18 according to analysts. Break out of these levels are possible.
GBPJPY - Short Term Sell Trade Update!!!Hi Traders, on May 14th I shared this idea "GBPJPY - Looking To Sell Pullbacks In The Short Term"
I expected to see pullbacks and further continuation lower until the strong resistance zone holds. You can read the full post using the link above.
Pullback and push lower happened as per the plan!!!
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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.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPJPY Long 02/06Price retraced into the 88 fib zone and took buyers liquidity, early in the week for sustained selling and there is still much more significant news to come. The previous week closed bullish albeit with a wick. Anticipating price to fill some of the wick on the weekly. Targets at 195.000.
Update GJ 1H June 3rd. Buy/SellPrice bounced around 192.50 — waited for confirmation and entered a buy (200+ pips profit). Now I'm watching the 1H. For a new buy opportunity, I’ll wait until tomorrow morning. In the meantime, I’ve placed a sell limit order at 195.15.
Knowing how the market moves, where price wants to go, and which levels it reacts to — that’s my skill. But anticipating it… that’s my true specialty.
Remember: the market is always right!
GBPJPY What Next? BUY!
My dear subscribers,
This is my opinion on the GBPJPY next move:
The instrument tests an important psychological level 193.34
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 194.37
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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
GBPJPY 1H Analysis – Bullish Breakout from Ending Diagonal + AO Pair: GBP/JPY
Timeframe: 1H
Structure: Wave 5 Ending Diagonal + Bullish Divergence on AO
Hi traders! Here’s an update on GBPJPY from the 1H chart.
After a strong bearish move, price formed a falling wedge (ending diagonal) pattern, indicating exhaustion in the downtrend. This pattern completed with a final Wave 5 that showed significant weakness — and here’s the key signal:
🔍 Bullish Divergence Spotted
While price made a new lower low (Wave 5), the Awesome Oscillator (AO) printed a higher low. This classic bullish divergence hints that bearish momentum is fading and a potential reversal is in play.
📈 Breakout Confirmation
Price has now broken above the wedge and the 1.0 Fibonacci level (~193.67), confirming the breakout and early bullish momentum. We’re currently seeing price pushing up with strong momentum candles.
🎯 Potential Targets Based on Fibonacci Extensions:
• 1.618 – 194.60 (first resistance / TP1)
• 2.618 – 195.35 (TP2)
• 4.236 – 196.45 (extended TP3 if trend continues)
🛑 Key Support:
• 193.00 zone – ideally price should stay above this level to maintain bullish bias.
🧠 Summary:
• Falling wedge (ending diagonal) completed as Wave 5
• AO bullish divergence signals weakening sell pressure
• Breakout confirmed above 193.70
• Watching for continuation toward 194.60 and 195.30+
📌 I’ll be watching for a potential pullback above 193.70 for a high-probability reentry opportunity. Always manage your risk and trade what you see.
Let me know your thoughts in the comments below! 📥
#GBPJPY #ForexAnalysis #PriceAction #ElliottWave #AO #Breakout #Fibonacci #TechnicalAnalysis #Wave5
GBPJPY is in the Down TrendHello 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 respecting a clean ascending triangle formation on the 4H chart, with the 193.00 area acting as a strong support zone and higher lows continuing to form. This structure signals bullish pressure building up, and a breakout above the key resistance near 196.50 could trigger the next impulsive leg toward the 198.00 target. Price action is compressing along a clear trendline, and bulls are steadily stepping in on each dip—showing a textbook bullish continuation setup.
From a macro perspective, the yen remains fundamentally weak as the Bank of Japan maintains its ultra-loose monetary stance despite global tightening cycles. In contrast, the British pound is drawing strength from resilient UK economic data and expectations of at least one more rate hike from the Bank of England due to sticky core inflation. The widening yield differential between UK gilts and Japanese bonds continues to support GBPJPY upside, which is also visible in the broader risk-on market sentiment as equities hold firm globally.
Technically, GBPJPY has consistently respected trendline support and is coiling tightly under a known resistance zone, signaling that momentum is building for a significant move. Once the pair clears the 196.50 liquidity area, price is likely to surge quickly toward 198.00 as buy stops get activated. The 191.70–192.00 region remains the key invalidation level for this bullish outlook, and as long as that support holds, this setup remains highly favorable for bulls.
This pair is showing strong confluence of technical structure and fundamental drivers. A breakout above the triangle’s upper boundary could present a high-probability long opportunity with minimal drawdown. With momentum aligning and market sentiment supporting GBP strength, this could be a prime move to capture in the coming sessions.