Get started

GBPJPY

Falling towards overlap support?GBP/JPY is falling towards the support level which is an overlap support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 194.73 Why we like it: There is an overlap support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 193.14 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Take profit: 198.45 Why we like it: There is a pullback resistance level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
GBPJPY Strong bullish break out inside the Channel Up.GBPJPY is having its strongest (1d) candle today in almost 18 months. The main pattern is a Channel Up and this rise is extending its new bullish wave. The previous one retested the MA50 (1d) after crossing over it and the resumed the uptrend to peak on a +8.70% rise. Trading Plan: 1. Buy on the next MA50 (1d) test. Targets: 1. 204.500 (+8.70% rise). Tips: 1. The MACD (1d) formed a Bullish Cross 9 days ago, the 3rd inside this 5month Channel Up, which confirms that we are on a bullish wave. Please like, follow and comment!!
Long
by TradingBrokersView
GBPJPY Will Go Up From Support! Long! Please, check our technical outlook for GBPJPY. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 194.719. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 196.745 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBPJPY - Short GBPJPY Analysis - SHORT 👆 In this Chart GBPJPY DAILY Timeframe: By Nii_Billions. ❤️This Chart is for GBPJPY market analysis. ❤️Entry, SL, and Target is based off our Strategy. This chart analysis uses multiple timeframes to analyze the market and to help see the bigger picture on the charts. The strategy uses technical and fundamental factors, and market sentiment to predict a BEARISH trend in GBPJPY, with well-defined entry, stop loss, and take profit levels for risk management. 🟢This idea is purely for educational purposes.🟢 ❤️Please, support our work with like & comment!❤️ 🟢🟢🟢🟢🟢❤️❤️❤️❤️❤️ MERRY CHRISTMAS ❤️❤️❤️❤️❤️❤️🟢🟢🟢🟢🟢
Short
by Nii_Billions
1
#GBPJPY 1DAYGBPJPY Daily Analysis The GBPJPY pair is approaching a significant trendline resistance on the daily chart, suggesting a potential reversal or rejection from this level. This resistance line indicates strong selling pressure, making it a prime area for bearish setups. Technical Outlook: Pattern: Trendline Resistance Forecast: Bearish (Sell Opportunity) Entry Strategy: Enter a sell position if the price confirms rejection at the trendline resistance through bearish price action signals, such as bearish engulfing candlesticks or lower highs. Traders should closely watch indicators like RSI for overbought conditions or MACD for signs of weakening bullish momentum. Ensure proper risk management with stop-loss orders placed above the resistance line and profit targets set at nearby support levels.
Short
by PIPSFIGHTER
GBPJPY BULLISH Play for the WeekGJ has been on a Monthly Bullish Run in my eyes, so with that in mind looking into this weeks play I expect a break to the upside into Bullish Territory once my Yellow 4hr/Daily Trendline has been broken. Before that I expect a bearish start to the week bringing price down to our Buy Limit ultimately propelling us to the upside. Once 194.500 has been broken I expect a BULLISH Rally, will set trades to BREAK EVEN at this stage of the trade. TP 1 & 2 have a potential to get hit this week (keep in mind a retracement is possible at the TP1 area) TP 3 will probably have to wait till next week but let’s get through this week 1st and see if the markets are on our side..!
Long
by jcatchinpips
GBP/JPY H4 | Potential bullish bounceGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 194.63 which is a pullback support. Stop loss is at 192.70 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level. Take profit is at 197.35 which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
Buy GBP/JPY Triangle BreakoutThe GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle 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 Above The Broken Trendline Of The Triangle. Target Levels: 1st Resistance – 195.76 2nd Resistance – 196.50 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
30
GBPJPY Analysis - SellGBPJPY Analysis Overview 1. Seasonality: GBP: Bearish — Historical data for this time period shows GBP typically weakens. JPY: Bullish — Seasonal trends favor JPY strength, aligning with a sell bias for GBPJPY. --- 2. COT Report (Commitment of Traders): GBP: 4-week flip indicates a Sell bias. JPY: 4-week flip indicates a Buy bias. Non-commercial long positions are increasing, indicating strong demand for JPY. --- 3. Fundamental Analysis: LEI (Leading Economic Indicator): GBP: Decreasing — Suggests economic slowdown and bearish momentum for GBP. JPY: Range — Neutral economic outlook, but overall supportive of its safe-haven appeal. Endogenous Factors: GBP: Decreasing — Internal economic conditions are weakening, favoring a sell bias. JPY: Increasing — Positive domestic factors support JPY strength. --- 4. Exogenous Factors: GBPJPY: Classified as a Strong Sell due to broader external influences such as global risk aversion and JPY's safe-haven demand. --- 5. Technical Analysis: On the 4-hour chart: There is a visible order block and a fair value gap (FVG) in the price structure. The price has retraced to 50% of the order block, presenting a favorable opportunity to enter a short position. Confluence from bearish market structure and resistance zone further validates the sell setup. --- Bias: Strong Sell Based on seasonality, COT data, fundamentals, exogenous influences, and technical analysis, GBPJPY is poised for a significant downside move. Look for selling opportunities at or near the current resistance levels within the order block.
Short
by asadamalik
4
Potential bullish rise?GBP/JPY has reacted off the support level which is an overlap support and could rise from this level to our take profit. Entry: 194.67 Why we like it: There is an overlap support level. Stop loss: 193.14 Why we like it: There is an overlap support level. Take profit: 197.72 Why we like it: There is a pullback resistance level that is slightly above the 61.8% Fibonacci projection. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets