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JAPANESE YEN / BRITISH POUND

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JPYGBP trade ideas

GBPJPY is Holding above the Support , All Eyes on BuyingHello 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
Long
by ForexMasters2000
GBPJPY BULLISH OR BEARISH DETAILED ANALYSISGBPJPY is currently trading near 190.80 and is forming a significant breakout structure on the 3-day chart. After months of consolidation under a descending trendline, the pair is now coiling tightly, signaling a potential bullish breakout. The pair has respected the lower support range near 183.70 while pushing up against descending resistance multiple times. This squeeze pattern often precedes a major directional move, and with bullish momentum building, GBPJPY could be primed for a rally toward the 210.00 zone. Fundamentally, the British pound is finding strong support from the latest hawkish commentary by the Bank of England, which has hinted that inflation remains sticky, keeping rate cut expectations delayed. On the other hand, the Japanese yen remains under consistent pressure due to the Bank of Japan's ultra-dovish stance and yield curve control policies. The BoJ’s reluctance to shift its policy outlook, coupled with soft macro data from Japan, is weakening the yen across the board. Technically, a breakout and close above the descending trendline around 194.00 will be a key confirmation point. If this happens, bulls could dominate and push GBPJPY toward the 210.00 resistance zone in the medium term. The R\:R on this setup remains favorable with stops safely tucked below 183.70, giving this trade strong upside potential. This pair is currently one of my top watchlist setups for May as both the technical and fundamental landscapes align. With bullish sentiment driving GBP strength and JPY weakness being a prevailing macro theme, GBPJPY could deliver a powerful upside continuation if the breakout confirms.
Long
by AndrewsMarket-Mastery
3
GBPJPY 230 pip up?GBPJPY Multiple timeframe analysis and possible trade setup : Monthly : Sharp rejection from a long term monthly support after a false breakout Weekly : Previous week candle close with bullish pin bar and possible bounce back to the monthly high Daily : There was daily support false breakdown @190 level then return back up with strong momentum 4H : Possible trade setup, bullish on slight pullback to the downside, possible target @195.60 If you enjoy this analysis like and any questions do not hesitate to ask in the comments
Long
by ForexWizard01
GBPJPY TREND 📈 GBPJPY – Bullish Breakout | Long Setup Active 🇬🇧💴 GBP/JPY is showing a clear bullish structure on the 1H chart. Price has broken above a key resistance zone and reclaimed the 200 EMA with strong momentum and volume. This marks a potential trend reversal and the beginning of an uptrend. 🔹 Entry: 193.400 🔹 Stop Loss: 192.935 (below recent support) 🔹 Take Profit: 195.720 🔹 Risk/Reward: Solid R:R setup 🔹 Confirmation: EMA flip + bullish engulfing candle + strong volume Looking for a minor pullback to the breakout zone for continuation. Bullish bias remains valid as long as price stays above 193.000. 📊 #GBPJPY #Forex #TradingSetup #PriceAction #TechnicalAnalysis #FXTrading #BreakoutTrade #EMA200 #Bullish #JPY #BritishPound #TrendReversal
Long
by washbismarck
GBPJPY - Correction Likely as New Week BeginsThe GBP/JPY chart shows a strong recovery from April lows near 185.00, but the pair now appears to be facing significant resistance at the highlighted box level around 193.50. After multiple attempts to break decisively above this zone in recent sessions, the price action is forming what looks like a short-term double top pattern, with the downward arrow indicating potential bearish momentum. This technical setup, combined with overbought conditions after the impressive rally from late April, suggests we may see some profit-taking and a corrective pullback in the beginning of the week. Traders should watch for a potential retracement toward the support level around 191.00-190.50 before the pair potentially attempts another run at the resistance zone. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by financialflagship
#GBPJPY | +300 Pips In — Eyes on 194 Breakout"GBPJPY continues to respect a strong bullish structure, bouncing cleanly from the 190.200 demand zone with over +300 pips in upside movement. The pair is now consolidating below the 194.00 resistance — a key level to watch for a potential breakout that could trigger the next leg toward 197.00 and 200.00. This setup aligns with higher-timeframe bullish momentum, ascending trendline structure, and strong support zones. Ideal for swing traders looking for mid-term opportunities with defined risk and reward. Follow for clean, structured setups focused on momentum and price action.
Long
by Aser_Hosary
GBPJPY: Weekly overviewThe fake breakout of 12th of May is a sign of more bearish days. However, as traders we should be ready to adapt with new conditions. We are ready to long from the zone around 189.720. The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones. Some of these points can also be confirmed by the mathematical intervals of Murray. You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confrimation and ETC. SL could be placed below the zone or regarding the LTF swings. TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels. ******************************************************************* Role of different zones: GREEN: Just long trades allowed on them. RED: Just Short trades allowed on them. BLUE: both long and short trades allowed on them. WHITE: No trades allowed on them! just use them as TP points
Short
by AliSignals
GBPJPY Is Very Bullish! Long! Please, check our technical outlook for GBPJPY. Time Frame: 7h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 192.683. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 194.257 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPJPYGBP/JPY 10-Year Bond Yield Differential and Carry Trade Outlook (May 21, 2025) Current Bond Yields and Interest Rate Differential UK 10-year gilt yield: 4.77% Japan 10-year JGB yield: 1.53% Interest rate differential: 3.24% (GBP yield - JPY yield) Key Factors Influencing Carry Trade Dynamics For GBP (UK): The UK’s 10-year yield rose to 4.77%, its highest since April 2025, driven by hotter-than-expected inflation data (CPI at 3.5% YoY) and reduced expectations for Bank of England (BoE) rate cuts in 2025. Markets now price in only 34 basis points of cuts for the year . The BoE’s cautious stance supports GBP strength, as higher yields attract foreign capital. For JPY (Japan): Japan’s 10-year JGB yield remains low at 1.53%, despite rising to a 17-year high earlier in 2025. The Bank of Japan (BoJ) continues gradual policy normalization but faces economic headwinds (Q1 GDP contraction of 0.2% QoQ) . BoJ’s potential rate hikes and reduced bond purchases could strengthen the yen, adding risk to JPY-funded carry trades . Carry Trade Reaction Opportunity for GBP/JPY Carry Trade The 3.24% yield spread makes GBP/JPY attractive for carry traders, who borrow low-yielding JPY to invest in higher-yielding GBP assets. Historical precedent (e.g., 2021–2024) shows such spreads often lead to sustained GBP/JPY rallies, provided volatility remains low . Risks and Challenges JPY Strength Risks: BoJ’s tightening bias and safe-haven demand (amid U.S.-China trade tensions) could trigger sharp JPY appreciation, eroding carry profits . GBP Volatility: UK inflation uncertainty and fiscal risks could destabilize gilt yields, increasing GBP volatility. Intervention Risks: Japanese authorities have signaled willingness to curb excessive JPY weakness, raising the cost of carry trades . Strategic Response for Carry Traders Hedging: Use options (e.g., JPY call/put risk reversals) to protect against sudden yen strength while retaining exposure to the yield spread . Selective Positioning: Focus on short-term trades to avoid prolonged exposure to BoJ policy shifts or UK economic data surprises. Summary Table Factor GBP Impact JPY Impact Carry Trade Implication Yield Spread 4.77% 1.53% Attractive 3.24% differential BoE Policy Cautious on cuts – Supports GBP strength BoJ Policy – Gradual tightening Risk of JPY appreciation Geopolitical Risks – Safe-haven JPY demand Limits GBP/JPY upside Conclusion Carry traders are likely to favor GBP/JPY due to the wide yield spread, but will mitigate risks through hedging and close monitoring of BoJ interventions, UK inflation trends, and geopolitical developments. The trade’s profitability hinges on stable or widening yield differentials and subdued JPY safe-haven demand. #GBPJPY #FOREX
Long
by Shavyfxhub