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GBPJPY

Bearish drop?GBP/JPY is rising towards the resistance level which is a pullback resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 191.34 Why we like it: There is a pullback resistance level that aligns with the 38.2% Fibonacci retracement. Stop loss: 192.02 Why we like it: There is an overlap resistance level. Take profit: 190.21 Why we like it: There is an overlap support level that line sup with the 100% 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.
Short
by VantageMarkets
2
GBPJPY Will Collapse! SELL! My dear subscribers, My technical analysis for GBPJPY is below: The price is coiling around a solid key level - 191.33 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 190.40 My Stop Loss - 191.87 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPJPY INTRADAY bullish breakout continuationThe GBP/JPY currency pair is currently exhibiting a bullish sentiment, supported by the prevailing uptrend. Recent intraday price action shows a sideways consolidation, suggesting the formation of a new support zone at the previous resistance level. This consolidation phase reflects a temporary pause within the broader bullish trend. The key trading level to watch is 190.70, which represents the previous consolidation price range. A corrective pullback towards this level, followed by a bullish bounce, could confirm continued upward momentum, targeting the 193.10 resistance level. Sustained buying pressure could further extend gains to 193.90 and ultimately 195.00 over the longer timeframe. However, if the pair experiences a confirmed loss of the 190.70 support level and a daily close below this point, it would invalidate the bullish outlook. In that scenario, the pair may face increased selling pressure, leading to a retracement towards 189.14. Further downside movement could expose the next support levels at 187.20 and 186.40. Conclusion: The bullish sentiment for GBP/JPY remains intact as long as the 190.70 support holds. Traders should monitor this key level closely, as a bounce back would reaffirm the uptrend, while a break below could trigger a deeper retracement. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
Bullish bounce?GBP/JPY is reacting off the pivot which acts as an overlap support and could rise to the 1st resistance. Pivot: 191.22 1st Support: 190.49 1st Resistance: 192.46 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.
Long
by ICmarkets
GBP/JPY SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! We are going short on the GBP/JPY with the target of 186.545 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. 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 COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
GBPJPY Price ActionHello Traders, As you can see, I have marked the liquidity levels on the left-hand side where a liquidity sweep has already occurred. Additionally, I have identified a new liquidity area where the price is expected to sweep next. I have also marked the take profit area. Furthermore, you can see other liquidity levels, which I have highlighted with circles. This pattern is also known as the QM Pattern or Head & Shoulders (HS) Pattern . Don't forget to manage your risk and protect your balance. Market structure repeats itself over and over again. Wishing you all the best and happy trading! Thank you.
Short
by SuvashishFx
2
GBPJPY is in the Down TrendHello 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
GBP/JPY Key Resistance Breakout or Reversal?This chart is an analysis of the GBP/JPY currency pair on the 45-minute timeframe. Here's a breakdown of the key elements: Resistance Zone (Red Box): The price is currently testing a resistance zone around 192.500. A breakout above this level could lead to new highs. Breakout or Rejection? The text in the chart states: "if it breaks here then it will make new high," indicating a bullish bias if resistance is broken. There is a black circle marking the breakout area. If price breaks above and holds, it may continue upward (red arrow up). If rejection occurs, the price could fall back down (orange circle and red arrow down). Trendline Support (Blue Line): hello traders what are your thoughtson GBP/JPY. My Analysis. Price has been respecting an ascending trendline, indicating a short-term bullish trend. A break below this trendline could signal a trend reversal and move price lower. Demand Zone (Gray Box at the Bottom): If price fails to hold above resistance and breaks downward, the next potential support is the demand zone near 189.000. Possible Trading Scenarios: ✅ Bullish Case: If price breaks and holds above the resistance zone, it may continue to new highs (above 193.000). ❌ Bearish Case: If price rejects resistance and breaks the trendline, it may drop towards 189.000 support.
by KingProTrader
WHY GBPJPY BULLISH, DETAILED ANALYSIS GBPJPY is currently trading at 192.200 after successfully breaking out of a falling wedge pattern, a strong bullish reversal signal. This technical breakout suggests the pair is set for a significant upside move, with a potential target of 195.000 and beyond. The falling wedge is known for its bullish implications, indicating that sellers are losing control while buyers are stepping in with increased demand. If momentum continues, we could see a gain of over 500 pips in the coming sessions. From a technical perspective, GBPJPY has cleared key resistance levels and is now forming a strong bullish structure. A retest of the breakout zone around 191.500-192.000 has already provided support, reinforcing the likelihood of further upward movement. The next major resistance lies at 194.000, followed by 195.000, which aligns with key Fibonacci retracement levels and previous price action zones. If buyers maintain control, a push towards 196.000 and beyond is also possible. Fundamentally, GBPJPY remains bullish due to the policy divergence between the Bank of England (BoE) and the Bank of Japan (BoJ). The BoE's firm stance on interest rates, coupled with the BoJ’s continued ultra-loose monetary policy, favors a stronger GBP against the JPY. Additionally, risk sentiment plays a crucial role in GBPJPY's movements, and with equity markets showing strength, the yen's safe-haven appeal weakens, further boosting the bullish case for this pair. With both technical and fundamental factors aligning, GBPJPY presents a strong buying opportunity. Traders should watch for a sustained move above 193.000 for confirmation of further gains, with the potential to reach 195.000 and beyond. A breakout continuation could trigger even stronger bullish momentum, making this a high-probability setup for traders looking to capitalize on the trend.
Long
by AndrewsMarket-Mastery
8
GBPJPY Buy Analysis: GTEGBPJPY has successfully broken out of the descending trendline, confirming a bullish breakout. This signals a potential continuation to the upside, with price now targeting the next resistance zone around 192.50 - 193.00. As long as price holds above the breakout level near 191.30, the bullish momentum remains intact. The breakout suggests further upside movement, with buyers stepping in to push price toward the previous highs. Watch for confirmation on lower timeframes to strengthen the move.
Long
by US30EMPIRE
GBPJPY High chance of rejection to new market low.GBPJPY is basically consolidating around its MA50 (4h), staying under the January 24th lower highs trend line. The pattern is very similar to February 4th, which shortly after collapsed to the 1.618 Fibonacci extension. Trading Plan: 1. Sell on the current market price. Targets: 1. 186.500 (the 1.618 Fibonacci extension). Tips: 1. The RSI (4h) is also priting the exact same pattern as late January. Please like, follow and comment!!
Short
by TradingBrokersView
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINThis chart shows a trading setup for the British Pound / Japanese Yen (GBP/JPY) on the 2-hour timeframe. Let’s break it down: Entry Point: Around 191.000 — this is the suggested point to enter a short trade (sell). Stop Loss: Set at 191.500 — if the price moves above this, the trade will close at a loss to limit further downside. Take Profit Levels: Take Profit 1: 190.500 Take Profit 2: 190.000 Last Target: 189.800 TECHNIAL ANALYSIS SATUP FALLOW RISK MANAGEMENT ✅
Short
by Royalforexempire
GBPJPY Key Support Retest – Potential Bounce or Break?I've been watching #GBPJPY on the 30-minute chart, and there's a strong support level around 189.91. The price has tested this level multiple times and bounced back each time, showing clear buying interest. Right now, it's retesting the same zone, and if it rejects again, we could see another push to the upside. I'm keeping an eye on this level for a potential long setup, but if it breaks below, further downside could be in play. Waiting for confirmation before making a move!
Long
by fxt8
GBPJPY Sellers In Panic! BUY! My dear followers, This is my opinion on the GBPJPY next move: The asset is approaching an important pivot point 189.48 Bias - Bullish Technical Indicators: Supper Trend generates a clear signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 190.65 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPJPY Price ActionHello Traders, Today's setup is based on the 4H timeframe. I identified a clear Quasimodo (QM) or Head-and-Shoulders (HS) pattern visible on both the H4 and 1H charts. After patiently observing market movements, I noticed that the price left behind liquidity and established a demand zone. I'm now waiting for the market to sweep the liquidity and retest the demand zone before anticipating an upward move. Always ensure you practice strict risk management. Wishing you the best of luck and happy trading!
Long
by SuvashishFx