GBPJPYWe can attempt to buy GBPJPY from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
JPYGBP trade ideas
GBP/JPY H1 Analysis – OB Bearish and Bullish Scenarios
This chart outlines a potential price reaction for GBP/JPY on the H1 timeframe based on **Order Blocks (OB)** and possible market scenarios:
### Key Zones:
1. **OB Bearish Zone (196.750 - 197.000):**
- This is a key **supply zone** where sellers may dominate. If price moves into this area, it could trigger bearish momentum, leading to a reversal.
2. **OB Bullish Zone (195.750 - 196.000):**
- This is a **demand zone** where buyers are expected to step in. Price entering this zone could initiate a bullish push back toward higher levels.
---
### Possible Scenarios:
1. **Bullish Rejection from OB Bullish Zone:**
- If the price reaches the OB Bullish Zone, we expect a possible **bounce upward** toward the OB Bearish Zone.
- **Validation:** Price forms bullish rejection candles (e.g., pin bar or engulfing patterns).
- **Target:** The OB Bearish Zone around 196.750-197.000.
2. **Bearish Continuation from OB Bearish Zone:**
- If the price hits the OB Bearish Zone after a bullish retracement, we anticipate a **rejection** and downward continuation.
- **Validation:** Price forms bearish reversal patterns in the OB Bearish Zone.
- **Target:** Break below the OB Bullish Zone, extending to lower support levels.
3. **Direct Breakdown Below OB Bullish Zone:**
- If the price fails to hold in the OB Bullish Zone, it could lead to a **bearish breakout** toward deeper support levels.
- **Validation:** Price closes strongly below the OB Bullish Zone.
- **Target:** Lower levels around 194.500 or further down.
---
### Notes:
- Monitor candlestick patterns and volume near the key zones to confirm entries.
- Be cautious of **false breakouts**; wait for clear confirmation before entering trades.
- Use stop-loss levels just below/above the zones to manage risk effectively.
1218 GBPJPY is on a longways uptrendHello traders,
GBPJPY is one of the pair that good for long-term buyers.
On daily chart, it could drop down to test EMA soon.
But this could be a great chance to open long to follow the long-term uptrend.
I have marked out 3 targets on 4H chart for you.
This only set when price hit daily EMA and send out reversal signal to open a new trade.
GOOD LUCK!
LESS IS MORE!
GBPJPY SELL!!!!!GJ sentimental is bearish today, and early morning it just grabbed liquidity of the Asian session high. Now, let's take a short position
We first aim for 1:1 the 1:2 after securing some profits
GBPJPYThe Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices. The yen weakened 0.3% against the dollar after the rate decision, trading at 155.42 and hitting a one-month low
Market Structure Analysis of GBPUSD Using SMCOn the 4-hour timeframe, the main is downtrend.
On the 1-hour timeframe, the main is uptrend.
On the 15-minute timeframe, the price shows a bullish reversal signal.
Therefore, there is a possibility that the price will rise and break through the previous high.
General outlook GBPJPY General outlook
GBPJPY Support levels are now located at 190.800 and 188.700.
If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.
Now, the resistance level is located at 193.600.
The upcoming news will not influence your orders within the mentioned period.
Some traders may close their positions on Friday, which can add more pressure to the market.
ShortWait for pullback to orange lines and sell this pair and take profits at next support level purple lines around 127 fib level
🤔 However if price breaks thru resistance orange lines wait for pullback and buy back up to where it last sold
Check the trend It is expected that the support trend line will be broken and the continuation of the movement trend will proceed according to the specified paths. If the price crosses the resistance range, it will be possible to continue the upward trend
GBPJPY BUY idea Dear friends and followers on trading view, I present to you my analysis on GBPJPY for your next trade decisions...
Now the GBPJPY is at trend reversal point, if break out successful..
There is possibility of continuous bullish move..
Now we watch what happen around the current price...
Good luck
OLUMIGHTY FOREX TRADING ACADEMY NIGERIA
GBPJPY SELL ZONEGBPJPY SELL ZONE 🔻
📍 Key Resistance: 195.642
🔹 Price rejection confirms sell pressure at resistance.
🔹 Targeting the key support areas below 194.104 and 193.577.
Short Position Setup:
🔸 Entry Confirmation: After trendline break and pullback.
🔸 Bearish momentum active — monitor for continuation signals.
💡 Note: Trade cautiously and manage risk effectively.
Scenario on GBPJPY 12.12.24On this graph, a correction structure has formed beautifully for us, which has reached the price zone of 200, where we have monthly levels and support, we currently have two scenarios here, the first is the bullish one and that is that we will get above the price of 193.900 and we will go to retest the level around prices of 200 or we will not break or hold this zone and a bearish scenario would be possible.
GBPJPY BUY IDEAGBPJPY has been on a bullish stride and it has broken out of the 185.500 prices and also the 4hr Trendline. Respecting the ascending channel very well. A good position to buy will be the breakout of the resistance around the 185.000 area but another good position will be the retest of the 185.000 to 195.000 area. A good price action at the area if the retest happens will be a good place for a buy. A potential 1:6RRR in view.
GBPJPY BUY!!!!GJ sentimental is bullish today, and early morning it just grabbed liquidity of the Asian session low. Now, lets take a long position
We first aim for 1:1 the 1:2 after securing some profits
GBPJPY-SELL strategy 3 Hourly chartThe pair is short-term overbought, and stochastic is negative. I feel we may see a test of GANN support 194.70 area.
Strategy SELL @ 195.30-195.70 area and take profit near 194.27 for now.
#gbpjpy #elliottwave short sell setup wave c 17Dec24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
IDEA GBPJPY LONG POSITION HI TRADERS
Pair : GBPJPY
Position : LONG( BUY )
Entry Price : 195.000
STOP LOSS @ 194.650
TP 1 @195.350
TP 2 @195.700
TP 3 @196.050 ( Trailing SL )
GBPJPYBritish pounds will see a strong rejection on the descending trendline,if the structure is broken we will hold to our 7day bullish leg impulse and go higher......go moon on break of structure.
GBPJPY - Bullish Continuation GBPJPY is in advancing phase.
No bearish divergence is formed.
Ascending channel support further indicates bullish trend continuation.
GBP/JPY; Bullish Confirmation?This morning (December 16th) we saw clear bullish price movement to break out of the squeeze that has been forming since the end of October. Price moved up towards a significant zone and now we are anticipating a slight pull back where our buy limits (194.411) are expected to trigger.
A lot of news coming out this week regarding the British Pound and the Yen, we are hoping/expecting these fundamental catalysts to aid this GJ's technical bullish foundation
GBPJPY BUY!!!GJ sentimental is bullish today, and early morning it just grabbed liquidity of the London session high. Now, let go long
We first aim for 1:1 the 1:2 after securing some profits
Possibility of correction The upward trend is expected to continue until the specified resistance levels are formed. Then, depending on the price behavior in this range, there is a possibility of a trend change.
