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Gbpjpyanalysis

GBPJPY is Holding above the Support , All Eyes on BuyingHello 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
GBPJPY SHORT FORECAST Q2 W18 D2 Y25GBPJPY SHORT FORECAST Q2 W18 D2 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📝 ✅Weekly order block rejection ✅Daily order block rejection ✅15' order block targets ✅Weekly imbalance fill targets 🔑 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
Short
by JCFRGNT
GBPJPY – Correction Could Offer a Good EntryA few days ago, I mentioned that GBPJPY could rise and test the 195.00 handle – and that idea still stands. After pushing up to 191.75, the pair began to correct, which might be just what we needed: a chance to enter a long trade at better levels. Is this correction a healthy pullback before resumption of the up move? For now, it looks like a typical retracement within an uptrend (bullish flag). The 190.00 zone, highlighted on the chart, is the ideal spot for long setups. Why 190.00 is key: - Strong horizontal support. - Great risk-reward potential, with over 1:2 R:R possible. - Price remains in bullish structure above 188.00. Trading Plan: Look for bullish confirmation around 190.00 – this zone could provide an excellent buying opportunity. However, a break below 188.00 would invalidate the setup and call for caution. Until then, buying the dip remains the plan. Let the correction finish, and be ready to ride the next wave higher. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
GBPJPY LONG FORECAST Q2 W18 D28 Y25GBPJPY LONG FORECAST Q2 W18 D28 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📝 ✅Weekly 50 EMA ✅Daily 50 EMA ✅Intraday 15' order blocks ✅Tokyo ranges to be filled ✅Intraday 15' order block trading levels 🔑 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
Long
by JCFRGNT
GBPJPY SHORT FORECAST Q2 W18 D28 Y25GBPJPY SHORT FORECAST Q2 W18 D28 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📝 ✅Weekly 50 EMA ✅Daily 50 EMA ✅Intraday 15' order blocks ✅Tokyo ranges to be filled ✅Intraday 15' order block trading levels ✅ 🔑 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
Short
by JCFRGNT
GBPJPY Reclaims 190 – Ready for 195?After breaking below the 188.00 support zone and testing 184.50 support, GBPJPY quickly reversed, signaling strong buying interest and a classic false breakdown. Last week, the pair also reclaimed the key 190.00 level – an important technical and psychological area – showing clear strength and readiness for a potential continuation higher. The key question now: Is GBPJPY ready to launch towards new highs? Here’s why I stay bullish: - Strong rejection at 184.50 confirms buyer dominance. - Recovery above 190.00 is a major bullish signal. - Market structure now favors buying dips T rading Plan: I’m looking to buy dips, staying bullish as long as 187.00 remains intact. 🎯 Targeting a move towards 195.00. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Long
by Mihai_Iacob
3
GBP/JPY TRADE ALERT! GBP/JPY TRADE ALERT! Potential Trend Reversal Ahead! Current External Trend: BULLISH Do you agree with our Daily Time Frame Forecast? Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS. Get ready to trade! Potential Trend Reversal Ahead! Current External Trend: BULLISH Do you agree with our Daily Time Frame Forecast? Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS. Get ready to trade!
Short
by twb1122
GBPJPY Potential longsFX:GBPJPY After a week of bearish movement, the price has finally broke and closed above last week's high. This pair may give opportunity for some short-term bullish momentum towards the upside. On yesterday's PMI news, price broke above the fib zone and came back retesting, before continuing its second expansion upwards. Price has previously broke above the 4H swap zone but quickly came back to the 1H support zone at 188.24 and retested twice without breaching the support zone. This gives us extra confluence for entering longs. For swing trading, we can take buys from the second half of the swap zone to the end of the 0.79 fib zone. The reason why we could also enter buys off the 4H swap zone is because price has already retested once on the fib zone, and the swap zone remains as a very strong support. As for intraday and scalping, I’d prefer to wait for short timeframe confirmations and enter with a smaller stop loss for more precise entry. We can target the buys towards 4H resistance zone at 191.180. Trade safely 😃
Long
by CandleCipher
GBP/JPY: Bearish Bias Pushes Price Toward Key Support LevelOver the last three trading weeks, the GBP/JPY pair has depreciated by more than 3%, establishing a firm bearish bias in favor of the yen in the short term. This perspective has remained intact primarily due to growing expectations of a more dovish monetary policy from the Bank of England, which left its interest rate unchanged at 4.5% in its latest meeting. Markets now anticipate a 25 basis point rate cut at the upcoming May 8 meeting, potentially bringing the rate down to 4.25%. This expectation is supported by the fact that inflation in the UK currently stands at 2.6%, close to the central bank’s 2% target, further justifying the possibility of additional rate cuts in the short term. Lower interest rates in the UK reduce the appeal of GBP-denominated assets, which in turn can drive selling pressure on the pound. Safe-Haven Demand for the Yen It is also important to note that the Japanese yen is historically seen as a safe-haven currency, due to its relative stability compared to other major currencies. As the global tariff conflict intensifies and economic growth prospects weaken, demand for the yen is likely to increase further in the short term. This dynamic could lead to continued downside pressure on GBP/JPY. Broad Sideways Channel Still Intact Since August 2024, GBP/JPY has traded within a well-defined sideways channel, with resistance around 198.676 and support near 186.932. Recent bearish moves have not been strong enough to break below this key support, suggesting that this lateral formation remains the dominant structure for upcoming sessions. Indicators Show Growing Neutrality: MACD: The MACD histogram is currently sitting around the neutral 0 line, indicating that the average momentum of recent moving averages remains in balance, with no dominant force in either direction. RSI: A similar situation is seen in the RSI, which is hovering near the neutral 50 zone. This reflects a constant balance between buying and selling pressure. Together, these indicators suggest persistent neutrality, likely due to the strong support zone that the price is currently testing. Key Levels to Watch: 190.14: A near-term resistance level, aligned with the Ichimoku cloud barrier. A bounce toward this level could reactivate short-term bullish momentum. 192.493: A significant resistance, located at the convergence of the 100- and 200-period moving averages. A return to this area could reinforce the validity of the sideways channel still visible on the chart. 186.93: Key support level, located at the lower boundary of the broad sideways range. Bearish moves that manage to break below this level could mark the beginning of a much more significant downtrend in the upcoming sessions. Written by Julian Pineda, CFA – Market Analyst
by FOREXcom
DeGRAM | GBPJPY Broke Down Triangle📊 Technical Analysis GBP/JPY continues to move within a triangle, staying below the 189 level. The 189.00 level remains a strong ceiling; rejection here signals continued downside. If pressure holds, price may retest support around 184.75. ✨ Summary Technical weakness + soft UK data + JPY strength = bearish setup. Below 189.00, GBP/JPY may target 184.35. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
5
GBP/JPY Bearish Reversal Setup–Eyeing Breakdown from Supply Zone1. Supply Zone (Resistance Area) 🟦 Supply Zone: Located around 189.500–190.000 🔺 Price got rejected here multiple times — strong selling pressure. 2. Ascending Trendline Support 📈 Trendline connecting higher lows (marked with yellow dots) 🟡 Support tested multiple times, acting as a rising wedge structure. 3. EMA (7) — Exponential Moving Average ⚫️ EMA (black line) is currently near price — indicating short-term trend stalling. 4. Bearish Breakout Setup 🔻 Anticipated price drop shown with red/orange arrows 📉 If price breaks below trendline: 🎯 Target Point: 186.600 ⬇️ Expected drop: ~1.51% 5. Price Movement Outlook 🔁 Possible minor pullback before breakdown ⛔️ Bearish signal increases if the trendline fails. Summary (with emojis): 📍 Entry Idea: Short near resistance zone (189.500–190.000) ⛓ Trigger: Break of trendline support 🎯 Target: 186.600 ⚠️ Stop-loss: Above 190.000 (above supply zone)
Short
by Jameshead007
12
GBPJPY LONG FORECAST Q2 W16 D16 Y25GBPJPY LONG FORECAST Q2 W16 D16 Y25 Key- to await price to show its play. The longer term retrace is of course the set that FRGNT would potentially call an A - set up, higher time frame order block long, lower time frame breaks, you know the drill. BUT what if price action does not match your forecast. We must adapt if the position makes sense. Let's see if GBP has the legs to break 15' structure in London. We are interested. One thing is for sure, GJ moves and we endeavour to be part of those dances! -15' break of structure first prior immediate long. Trade well! FRGNT X
Long
by JCFRGNT