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GBPJPY

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
AUDJPY - Growing SHORTS! Big Move Ahead!In one of our last AUDJPY analysis, we indicated that price looked foppish. Since then, we've had almost a 2000pip drop! That big drop can be marked as wave 1 in our new bearish impulsive trend. We are now in Wave 2, which is an ABC correction. We have completed Wave A (3 waves). We are now in Wave B (3 waves). We're currently in subwave b of wave B. Expecting subwave c to appear very soon. Trade Idea: - Watch for bearish price action on lower timeframe - You can use trendline break, fibs or BOS to find the reversal point - When entered, put stops above subwave B. - Target: 91 (750pips) 4Week Chart Goodluck and as always, trade safe! See our previous setups below:
by WicktatorFX
GBPJPY Buy Zone Locked 195.000 in SightThe GBP/JPY chart shows a bullish opportunity as the price approaches a key demand zone around 193.400. This area has acted as a significant support level, and rejection here could signal the continuation of the broader uptrend. With a clear target at the psychological resistance of 195.000, the setup aligns with a bullish market structure. Traders should watch for confirmation through bullish price action within the demand zone, such as rejection wicks or higher lows. A clean bounce from this level offers a high-probability trade, with stops just below the zone to maintain a favorable risk-to-reward ratio.
Long
by TopGBanks
$GBPJPY Macro analysis Part 1: Bullish Outlook-Target of 250.234OANDA:GBPJPY Long-Term Macro Analysis Part 1: Bullish Outlook with Target of 250.234 My HTF target is 250.234 The weekly and monthly timeframes are trending bullish. A closure above 215.887 is crucial, signaling a potential move back to the 241.501 area. If price reaches this zone, I expect price to trade away before violating the 250.234 high, based on my analysis. These drawings are somewhat beyond my current knowledge. It's important to follow price action on the LTF as it approaches HTF POIs; price will indicate when a reversal is imminent. Focus on my key areas of targets, rejections, or closures rather than my drawings. Also the 177.314 area could also be a little juicy. Based on my current understanding, I see two potential price movements. This is speculative since price is still trending up and hasn’t broken any significant levels to indicate a downward move. Also any future incoming downward movement would likely be a temporary pullback before continuing higher in line with the HTF trend. Price may follow either the white or purple drawing, which will play out over the coming years. I will update my analysis as my skills evolve. This analysis will be valid if we close above 215.887 with a body closure on the HTF weekly/monthly chart. The yellow square is not a valid swing yet, reinforcing the need to follow price rather than relying solely on forecasts. Price will signal when it’s ready to move higher or lower—this is part 1 of my HTF outlook. Quick personal quote regarding price action: When it comes to trading, let price lead the way. It will reveal when to short or continue higher. Your emotions are irrelevant in this technical dance. Let price guide your decisions. Not financial advice, just posting my idea's for archival purposes to look back at later.
Long
by ChiProactive
GBPJPY Trading Opportunity! BUY! My dear friends, My technical analysis for GBPJPY is below: The market is trading on 193.46 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 193.85 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPJPY - Potential short !!Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from bearish OB + level 196.000. Fundamental news: Next week on Thursday (GMT+2) we will see results of Interest Rate on GBP and JPY, news with high impact on currencies. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
GBP/JPY: 24-Hour Market Sentiment and Trade Analysis GBP/JPY: 24-Hour Market Sentiment and Trade Analysis I spend time researching and finding the best entries and setups, so make sure to boost and follow for more. Market Overview (Last 24 Hours): - OANDA:GBPJPY is trading near your sell entry point at 194.027, showing signs of bearish momentum on the 15-minute chart. - Weakness in GBP reflects recent concerns over the UK’s economic data, while the yen benefits from safe-haven flows as risk sentiment deteriorates. Technical Overview: - Support Levels: 193.458 (TP1), 192.904 (TP2) - Resistance Levels: 194.298 (SL), 194.500 - Indicators: Bearish divergence on RSI supports the sell bias, while MACD on the 15-minute chart confirms downward momentum. Price is also testing a descending trendline. Fundamental Catalysts: - Economic Data: Recent UK retail sales data showed weaker-than-expected performance, pressuring GBP lower. - Geopolitical Events: Risk-off sentiment globally has bolstered the yen, driving safe-haven demand. - Liquidity: Volatility on GBP/JPY remains elevated, providing trading opportunities on the 15-minute timeframe. Planning: - Bearish Continuation: A sustained break below 193.800 could lead to TP1 (193.458) and potentially extend to TP2 (192.904). - Reversal Risk: A rebound in GBP or broader risk-on sentiment could test the SL at 194.298 or higher. Key Data Points Table: | Pair | Entry | SL | TP1 | TP2 | Catalyst | |----------|---------|---------|---------|---------|---------------------------| | GBP/JPY | 194.027 | 194.298 | 193.458 | 192.904 | Weak UK data, safe-haven flows | Sentiment Heatmap: - Market sentiment is mixed, with yen strength driven by risk aversion and GBP facing pressure from weak fundamentals. Note: - This setup is ideal for a **short-term scalp** or **day trade**, targeting quick movements within the 15-minute timeframe. When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
Long
by SiriusTrading
GBPJPY- Reversal above 195?After reaching a low of 188, GBP/JPY reversed to the upside in a normal corrective move and found resistance near the 192 zone. A subsequent drop followed, but instead of resuming its downtrend, the pair began consolidating within a range. The emerging pattern, while not perfect, resembles an inverse Head & Shoulders. A break above the neckline would confirm this formation and pave the way for further gains, potentially targeting the 195 resistance level. I remain bullish on GBP/JPY as long as the pair stays above the recent consolidation support.
Long
by Mihai_Iacob
6
GBPJPY BUYS TO 194.600?Trading Plan for GBP BASELINE 🎯 Current short term sentiment bias and upcoming risk events (previous # & consensus expectations) that can impact said sentiment Current Short-Term Sentiment Bias : - The British pound is trading around $1.276, near a one-month high, driven by expectations of a cautious BoE. - Investors are focused on upcoming UK economic data, particularly GDP and manufacturing production for October, which are expected to show modest growth. Upcoming Risk Events : - GDP (MoM) (Oct): Consensus 0.1%, Previous -0.1% - GDP (YoY) (Oct): Consensus 1.6%, Previous 1.0% - Industrial Production (YoY) (Oct): Consensus 0.2%, Previous -1.8% - Industrial Production (MoM) (Oct): Consensus 0.3%, Previous -0.5% - Manufacturing Production (MoM) (Oct): Consensus 0.2%, Previous -1.0% - Manufacturing Production (YoY) (Oct): Consensus 0.9%, Previous -0.7% - Monthly GDP 3M/3M Change (Oct): Consensus 0.2%, Previous 0.1% SURPRISE ⚡ What outcome of the risk event will surprise the markets based on the baseline Positive Data Surprise : - Outcome: If the data beats expectations across the board, it will likely reinforce market expectations of no rate cuts next week. - Market Reaction: Continued pound strength. - Trade Pair: GBP/JPY - The yield spread between UK and Japan bonds suggests potential upside for this pair. Negative Data Surprise : - Outcome: If the data misses expectations, the pound could weaken as investors speculate on a more dovish BoE outlook. - Market Reaction: Pound weakness. - Trade Pair: GBP/NZD - The yield spread between UK and New Zealand bonds favors a downside move in this pair. BIGGER PICTURE 🌐 Does this outcome changes the larger macro-fundamental bias Macro-Fundamental Bias: - Current Expectation: The BoE is expected to hold interest rates steady at 4.75% at its next meeting on December 19. - Future Outlook: Governor Andrew Bailey has hinted at gradual rate cuts starting in 2025, with markets pricing in three 25-basis-point cuts by the end of next year. - Implications: A positive data surprise would support the current expectation of no immediate rate cuts, while a negative surprise could lead to speculation about a more dovish stance from the BoE.
by Midas_Macro