GBP/JPY -H1- Channel Breakout (14.07.2025)The GBP/JPY Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 196.70
2nd Support – 195.53
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Gbp-jpy
GBP/JPY) Bearish Analysis Read The captionSMC trading point update
Technical analysis of GBP/JPY on the 3-hour timeframe, suggesting a potential short-term pullback within a larger ascending channel.
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Analysis Summary
Pair: GBP/JPY
Timeframe: 3H
Current Price: 198.883
Bias: Bearish move toward channel support
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Key Technical Insights
1. Ascending Channel Formation:
Price is moving within an upward-sloping channel.
Current structure suggests price is heading toward the lower trendline support.
2. Support Level & Target Zone:
The yellow zone around 196.355 is a major support area and target point, coinciding with both structural support and the bottom of the channel.
3. EMA (200 Close):
Price is still above the 200 EMA (197.067), so overall trend remains bullish — but current move is a correction.
4. RSI (14):
RSI is neutral near 51.14, allowing room for further downward movement before becoming oversold.
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Target Point
Target: 196.355 (support zone and bottom of channel)
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Trade Idea
Direction Entry Stop-Loss Target
Sell 198.80–199.00 Above 199.70 196.35
SMC trading point
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Summary
GBP/JPY is likely to retrace toward support at 196.35 before possibly bouncing within the larger bullish structure. This offers a short-term selling opportunity, with potential buy setups near the lower trendline later.
Please support boost 🚀 this analysis)
GBPJPY - Multi-Year Short Update! In our last setup for GBPJPY, we identified a massive diagonal pattern, with price completing wave 4 and preparing for a multi-year drop into wave 5.
Since then, price has played out exactly as forecasted — we've seen a clean impulse lower for wave 1, followed by an ABC correction for wave 2, which looks to have now completed.
This sets the stage for the next major leg — wave 3 of 5 — which historically carries the most power and momentum.
📉 See monthly chart here:
📊 GBP/JPY Wave‑3 Trade Idea
Background:
We’ve completed wave 1 down and wave 2 up (ABC correction).
GBPJPY is now positioned to start a powerful wave 3 down — the most impulsive leg in an Elliott sequence.
🔍 Current Price Action:
Price is rejecting major resistance (previous wave A high + shaded zone)
Structure shows a completed 5-wave move up within C, suggesting exhaustion.
A clean ascending trendline (red) has formed under wave v — a break here signals the first confirmation.
Option 1 – Aggressive Entry:
- Trigger: Break and close below the red trendline (~198.00–197.80 zone) on the daily.
- Entry: On candle close below trendline
- Stop Loss: Above recent high ~199.80 and then breakeven once we move lower
Option 2 – Conservative Entry (preferred):
- Trigger: Trendline break + correction
- Entry: On bearish confirmation and then a correction to indicate further downside
- Stop Loss: Above recent high ~199.80 and then breakeven once we move lower
Take Profit Levels:
- TP1: 192
- TP2: 180
- TP3: 175
- Final Target: Trail for extended move toward wave (3) lows (could be 10,000+ pips over long term)
🔐 Invalidation:
Daily close back above 200.00 or impulsive rally beyond the pink resistance zone invalidates the short bias in the short term.
✅ Summary:
This is a high-conviction, structure-backed setup with:
- Wave count + Fib confluence
- Bearish structure at key resistance
- Confirmation-based trigger (trendline break + retest)
- Excellent long-term risk-to-reward profile
📂 Previous GBPJPY Setups (Track Record):
📌 Free Setup (Big Picture Outlook) – Multi-Year Shorts Incoming (Wave 4 Completion)
✅ Swing 1 – 1,200 Pips (VIP GBPJPY Long)
✅ Swing 2 – 1,000 Pips (VIP GBPJPY Short)
✅ Swing 3 – 1,100 Pips (VIP GBPJPY Short)
✅ Swing 4 – 700 Pips (VIP GBPJPY Short)
GBP/JPY: Total Confluence Targeting 202.05 BreakoutThis is a high-conviction trade setup based on a powerful confluence of fundamental drivers and multi-timeframe technical alignment. We are anticipating a bullish breakout in GBP/JPY, catalyzed by the upcoming UK GDP data release. The price action has formed a classic "coiled spring" pattern, indicating a significant buildup of energy before a potential move higher.
The analysis is based on pure price action, structure, and macroeconomics. The chart is kept intentionally clean to highlight the strength of the setup itself.
The Fundamental Why 📰
Two core data-driven factors underpin this trade:
1️⃣ Macro Policy Divergence: The primary long-term driver is the stark monetary policy difference between a relatively hawkish Bank of England (BoE), which is still fighting inflation, and an ultra-dovish Bank of Japan (BoJ). This fundamental imbalance creates a natural tailwind for GBP/JPY.
2️⃣ Positive Leading Indicators: Recent economic data from the UK has shown surprising strength. Both the Services and Manufacturing PMIs for June beat expectations, suggesting underlying resilience in the economy. This points to a higher probability of an upside surprise in Friday's GDP figures, which would be the direct catalyst for a breakout.
The Technical Picture 📊
Our confidence comes from a rare "Total Confluence," where every timeframe tells the same bullish story.
The Monthly Chart (Strategic View): Shows a powerful, multi-year uptrend that has decisively broken the critical 8-year resistance from the 2015 highs. The macro trend is undeniably bullish.
The Weekly Chart (The Confirmation): Confirms the uptrend is resuming now after breaking out of a year-long bullish continuation pattern. The "resting" phase appears to be over.
The 4-Hour Chart (The Setup): This is the "coiled spring." Price is consolidating in a very tight range right underneath the key breakout level of 199.45. This shows a lack of sellers and a buildup of buying pressure.
Fibonacci Confluence: Our take profit target is not random. It aligns perfectly with the 1.272 Trend-Based Fibonacci Extension, giving us objective, mathematical confirmation for the target at 202.05.
The Trade Plan ✅
This is a "set and forget" breakout strategy. The order should be placed as a Buy Stop to capture the momentum as it breaks higher.
📉 Asset: GBP/JPY
👉 Entry (Buy Stop): 199.85
⛔️ Stop Loss: 198.75
🎯 Take Profit: 202.05
🧠 Risk/Reward: 1:2
This analysis is for educational purposes. Always conduct your own research and manage your risk appropriately. Good luck.
GBPJPY Breakout and Potential RetraceHey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 196.600 zone, GBPJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 196.600 support and resistance zone.
Trade safe, Joe.
GBPJPY SHORT DAILY FORECAST Q3 D4 W27 Y25GBPJPY SHORT DAILY FORECAST Q3 D4 W27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBP/JPY Bears Eye Drop to 195GBP/JPY closed lower for a third day on Wednesday, with bearish momentum increasing thanks to political tensions in the UK and dovish comments from BOE voting members.
While the daily RSI (2) is oversold, there could still be room for a move to 195 over the near term. Its less than a day’s trading range away using recent volatility levels, and it also sits near the bullish trendline from the May low.
The 1-hour chart shows prices are drifting higher in an apparent corrective fashion, yet prices remain in the lower third of Wednesday’s range. I suspect bears will seek to fade into any pops higher in anticipation of another drop towards 195, near the daily S1 pivot, weekly S and rising trendline.
Should GBP/JPY drop to the lower target area, how prices react could provide clues over its potential to use the level as a springboard or break lower from that pivotal zone.
Market Analyst at City Index and Forex.com
GBPJPY SHORT DAILY FORECAST Q3 D2 W27 Y25GBPJPY SHORT DAILY FORECAST Q3 D2 W27 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBP/JPY Bullish Flag (25.06.2025) The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 198.46
2nd Resistance – 199.00
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Thank you.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP/JPY Triangle Breakout (25.06.2025)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 195.96
2nd Support – 195.37
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Thank you.
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GBPJPY hinting of a weighty 3k pip rise from 195.0. /\GBPJPY has always been resilient for the past 5 years as far its upward trajectory goes -- registering only 3 technical corrective phase since March of 2020 -- then proceeding for further price growth every after corrective seasons.
After touching its parabolic high of 208, pair hibernated healthily back to demand zone to 0.5 fib levels.
Now, the pair is on its 3rd corrective phase since 2020 which has started last July 2024.
Based on our diagram above, this month June 2025 it finally registered its first bear clearance in more than 2 years - conveying of a massive shift in trend. last time this signal surfaced was on April 2023, which has produced a 3000 pips rise thereafter.
Expect some significant ascend series from hereon pricewise after this major shift.
The north journey has started during its low retest of 0.5 FIB levels at 180.0 price zone -- now, already up 1600 pips from that price tap.
This 0.5 fib retest has been historically been a strong support for GBPJPY. This is where most buyers converge based on long term metrics.
More price growth is expected in the next few weeks with weighty targets up there (about 3k pips). Its not overnight but you know the directional context.
Spotted at 195.0
Mid Target previous peak at 208.0
Long term target: 225.
GBPJPY Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring GBPJPY for a selling opportunity around 195.600 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which in which it is approaching the trend at 195.600 support and resistance area.
Trade safe, Joe.
GBPJPY Strong rebound. Buy opportunity.The GBPJPY pair has been trading within an Ascending Triangle pattern. Today's geopolitics made the price form its latest Higher Low at the bottom of the pattern, which also coincided with a 4H MA200 (orange trend-line) test, and rebounded.
That was a clear buy signal on the 4H RSI Support that signaled the last three bottom buys. Our Target is the top of the pattern at 196.300.
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GBP/JPY - Triangle Breakout (12.06.2025)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 194.34
2nd Support – 193.76
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPJPY: Weekly OverviewHello Traders,
Everything is clear in the chart. the yellow line is a HTF resistance.
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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 confirmation 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
Bullish bounce?GBP/JPY is falling towards the pivot, which had been identified as a pullback support and could bounce to the 61.8% Fibonacci resistance.
Pivot: 193.10
1st Support: 192.25
1st Resistance: 194.38
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?GBP/JPY is falling towards the support level which is a pullback support that is slightly above the 100% Fibonacci projection and could bounce from this level to our take profit.
Entry: 191.97
Why we like it:
There is a pullback support level that is slightly above the 100% Fibonacci projection.
Stop loss: 190.39
Why we like it:
There is a pullback support level that lines up with the 138.2% Fibonacci extension.
Take profit: 196.27
Why we like it:
There is a pullback resistance level.
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Potential bullish rise?GBP/JPY has reacted off the pivot and could rise to the 145% Fibonacci resistance.
Pivot: 194.43
1st Support: 193.80
1st Resistance: 195.61
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBPJPY LONG FORECAST Q2 W23 D3 Y25GBPJPY LONG FORECAST Q2 W23 D3 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily order block
✅15' order block
✅Intraday breaks of structure
✅4H 50 EMA rejection
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X