GBP/JPY Bearish Rejection – Short Trade Setup!🔹 Trendline Rejection ❌📈
Price tested the descending trendline and got rejected.
Bearish pressure increasing! 🚨
🔹 Resistance Zone (📍193.6 - 194.0) 🔵
Strong selling zone 📉
Stop Loss placed at 194.013 🚫
🔹 Support Zone (📍193.0) 🟦
Price might bounce here temporarily 🤔
If it breaks below, expect further drop 🚀📉
🔹 Target Level (📍192.311) 🎯
Bearish Target ✅
Ideal Take Profit 🏆
Trade Setup 💼
🔸 Entry: 📍193.5 - 193.6 📉
🔸 Stop Loss: ❌ 194.0 🚫
🔸 Take Profit: ✅ 192.3 🎯
Final Verdict: Sell Setup Active! 📉🔥
Watch for confirmation before entering! 👀🚀
GBPJPY
GBPJPY Under Pressure: Potential Sell Opportunity.The GBPJPY pair has recently broken structure to the downside on the 4-hour timeframe, signaling bearish momentum. The pair is currently under significant selling pressure, with price action suggesting a potential continuation of the downtrend. Here's a deeper analysis of the situation:
Market Structure: The recent break of structure to the downside indicates that sellers are in control. The pair has failed to reclaim previous highs, reinforcing the bearish sentiment.
Key Levels:
Range High: The stop-loss level should be placed above the recent range high to manage risk effectively. This level acts as a key invalidation point for the bearish setup. 🚫
Range Low: The target is the previous range low, which aligns with a strong support zone. This level could act as a magnet for price, given the current bearish momentum. 🎯
Bearish Pressure: The pair is trading below key moving averages (e.g., 50 EMA and 200 EMA on the 4-hour chart), further confirming the bearish bias. Additionally, momentum indicators like RSI and MACD may show bearish divergence or oversold conditions, which could provide further confluence for the trade idea. 📊
Risk Management: As always, proper risk management is crucial. Ensure that the position size aligns with your trading plan, and avoid over-leveraging. 🔒
Fundamental Context: Keep an eye on any GBP or JPY-related news that could impact the pair, such as central bank decisions, economic data releases, or geopolitical developments. These factors could either accelerate or invalidate the current technical setup. 📰
Disclaimer ⚠️
This analysis is for educational and informational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with capital you can afford to lose. Always conduct your own research and consult with a financial professional before making any trading decisions. 📢
GBPJPY H4 | Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 194.70, a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 193.08, a pullback support.
The stop loss is set at 196.03, a swing high resistance.
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GBPJPYGBPJPY price is near the resistance zone 193.572. If the price cannot break through in the short term, it is expected that the price will go down.
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Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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GBPJPY Is Going Down! Short!
Take a look at our analysis for GBPJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 193.030.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 192.202 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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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#GBPJPY: 681+ Pips Buying Chance from a Key Level. Dear Traders,
Since the Japanese Yen (JPY) experienced a significant decline in the market, prices have risen. This analysis examines two key areas: the complex bullish price behaviour and the rejection of prices at levels we are currently monitoring for potential entry. While this chart analysis serves as a secondary reference, it should complement your own trading strategies.
Best regards,
Team Setupsfx_
USDJPY and GBPJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
My Directional Bias on GBPJPY for the long run {29/03/2025}Educational Analysis says that GBPJPY may give countertrend opportunities from this range, according to my technical analysis.
Broker - FXCM
So, my analysis is based on a top-down approach from weekly to trend range to internal trend range.
So my analysis comprises of two structures: 1) Break of structure on weekly range and 2) External pushback to fill the remaining fair value gap
1) Break of structure on weekly range is down trend for the long run period of 10 years, may be it switch to new character or change its direction to bullish.
2) External pushback structure is the trading range where it trades on the smaller time frame,
On this structure range market on inside trading or smaller time frame is bullish towards fib of 1.618 and make turn to fill the fair value gaps of it.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
GBPJPY | APRIL 2025 FORECAST| Will GJ fly to the SKY?GBP/JPY has been riding strong volatility, reacting to both BOE and BOJ policy shifts. As we head into the new month, the pair is testing a critical resistance zone near , with momentum signaling a potential breakout or rejection.
🔹 Trend Analysis: The pair remains in a strong , with price respecting the as dynamic support/resistance.
🔹 Key Levels: Resistance at , support at . A break above could open the door to .
🔹 Technical Outlook: RSI divergence hints at possible exhaustion, while Fibonacci retracements suggest key reaction zones around .
Will GBP/JPY continue its bullish momentum, or are we looking at a deeper correction? Share your insights below! 📉📈 #GBPJPY #ForexForecast #MarketAnalysis
GBPJPY GJ looks bullish
194.764 is a major zone looking at the 1w, 1d, 4h, and the 1h. If GJ currently find support. We possibly going to experience the bullish power, as the trend is changing.
Another bullish confirmations will be:
- moving average forming dynamic support on 4h
- bullish candlestick formation in the 4h
- bullish continuation pattern on the 1h
- lower time frame (15m and 5m) for entry
Buying tp zone is 198.00
Why GBPJPY IS BULLISH ?? DETAILED TECHNICAL AND FUNDAMENTALS GBPJPY is currently trading at approximately 195.000, having achieved a substantial gain of over 300 pips. Technical analysis suggests that the pair is poised for further upward movement, with a target price of 199.000, indicating the potential for an additional 400 pips gain. This bullish momentum is supported by the pair's recent breakout from a consolidation phase, signaling strong buying interest.
Fundamentally, the British pound has demonstrated resilience, bolstered by stable economic indicators and a proactive monetary policy stance from the Bank of England. Conversely, the Japanese yen has experienced depreciation, influenced by the Bank of Japan's commitment to maintaining ultra-loose monetary policies. This divergence in central bank policies has widened the interest rate differential between the two currencies, favoring a stronger pound against the yen.
Technical indicators further reinforce the bullish outlook for GBP/JPY. The pair has been trading above key moving averages, with oscillators indicating strong upward momentum. The recent breakout above the 193.000 resistance level has opened the path toward the 199.000 target. Additionally, the Relative Strength Index (RSI) remains in bullish territory, suggesting that the current uptrend has room to continue
Traders should monitor key resistance levels closely, as a sustained move above 195.000 could confirm the continuation of the bullish trend toward 199.000. Implementing robust risk management strategies, such as setting appropriate stop-loss orders, is essential to navigate potential market volatility. Staying informed about upcoming economic data releases and central bank communications will also be crucial in effectively capitalizing on this trading opportunity.
GBPJPY Technical AnalysisFenzoFx—GBP/JPY reached a higher high above the 195.0 resistance but has pulled back from 196.0, currently trading near 194.7 and the 50-period moving average on the 2-hour chart.
The bullish outlook holds as long as the price stays above the 193.5 support, with the next target around 200.0. However, a break below the ascending trendline and 193.5 support could signal a bearish wave toward 192.0.