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GBPJPY: Will Price Touch a Major Psychological Point Of 200? The GBPJPY currency pair is currently struggling to break through the 194 region as the Japanese yen (JPY) consolidates, making the future price trajectory uncertain. This situation has significantly complicated trading JPY pairs. Analysing historical price behaviour in similar circumstances can provide insights into potential future movements, but it’s crucial to conduct thorough research before engaging in trading. Past performance doesn’t guarantee adherence to chart trends. The Japanese yen (JPY) also exhibits a negative correlation with the US dollar (USD). Given our bullish stance on the DXY index in the coming days, we anticipate substantial pressure on the JPY, potentially leading to a significant decline. It’s also worth considering the GBP, which has surged to prominence as one of the most sought-after currencies since the market opened earlier today. In the meantime, we recommend setting two take-profit targets: one at 197 and another at 199. These levels are likely to witness substantial bearish volume entering the market. We wish you successful trading and emphasise the importance of adhering to safety protocols. We appreciate your unwavering support and encourage you to contribute by liking, commenting, or sharing our ideas. Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
10
WHERE PRICE GOES...WE FOLLOW GBPJPY LONG FORECAST Q2 W21 Y25WHERE PRICE GOES...WE FOLLOW GBPJPY LONG FORECAST Q2 W21 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 ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 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
IT DEPENDS WHAT HAPPENS 1ST! GBPJPY SHORT FORECAST Q2 W21 Y25IT DEPENDS WHAT HAPPENS 1ST! GBPJPY SHORT FORECAST Q2 W21 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 ✅Intraday 15' order blocks ✅Tokyo ranges to be filled 🔑 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 Bullish Breakout – Watch for Momentum Towards 194.60GBPJPY has broken out of a descending wedge and is now retesting the breakout zone near 189.50–189.80. This area aligns with previous structure support and the wedge's upper boundary. Price action indicates bullish momentum is resuming. 🔑 Key Levels: Current Price: 189.66 Breakout Level: ~189.50 Resistance Targets: TP1: 190.55 (recent resistance high) TP2: 192.57 TP3: 194.61 (key supply/weekly resistance zone) ✅ Bullish Confluence: Breakout from falling wedge pattern Strong retest of breakout zone with consolidation Higher low formation and bullish engulfing attempt No major resistance until 190.50, providing clean upside 🧠 Fundamental Context: CBI Report (UK): Sentiment and investment outlook among UK manufacturers is deteriorating, but the pound has shown resilience likely driven by broader risk-on market sentiment. BOJ Outlook (Japan): IMF suggests BOJ is likely to delay further rate hikes due to global uncertainty from US tariffs, maintaining a dovish bias. This weakens the yen’s fundamental strength. Market Mood: With Japan facing delayed policy tightening and UK's inflation still above target, GBPJPY favors the bullish case in the short term. 💡 Trade Idea: Bias: Bullish above 189.30 Entry: On retest confirmation around 189.50 Target 1: 190.55 Target 2: 192.57 Target 3: 194.61 Stop Loss: Below 188.80 📌 Note: Keep an eye on US data and BOJ tone shifts. Any risk-off shift in global markets could affect yen strength unexpectedly.
Long
by ultreosforex
16
GBPJPY: 1050+ Pips Move! Will JPY continue dropping? In our previous analysis, we anticipated a similar move for GBPJPY, but the price dropped a bit further than expected. It’s now in a position to buy long, but please use accurate risk management as JPY pairs are likely to remain more volatile than ever. There are three targets you can keep an eye on: 197, then 200. Remember, trading involves risk, so make your own decisions. Good luck and trade safely! Thank you for your unwavering support! 😊 If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
7
GBP/JPY "The Dragon" Forex Bank Heist Plan (Scalping/Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟 Dear Money Makers & Robbers, 🤑 💰💸✈️ Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/JPY "The Dragon" Forex Market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉 Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on! however I advise to Place buy limit orders within a 15 or 30 minute timeframe nearest or swing low or high level for pullback entries. Stop Loss 🛑: 📍 Thief SL placed at the recent/swing low level Using the 1H timeframe (188.000) Day/Scalping trade basis. 📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take. 🏴‍☠️Target 🎯: 191.000 💰💵💸GBP/JPY "The Beast" Forex Market Heist Plan (Scalping/Day) is currently experiencing a bullishness,., driven by several key factors. 👇👇👇 📰🗞️Get & Read the Fundamental, Macro, COT Report, Quantitative Analysis, Sentimental Outlook, Intermarket Analysis, Future trend targets and Overall outlook score..., go ahead to check 👉👉👉🔗 ⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits 💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🤑🐱‍👤🤗🤩
Long
by Thief_Trader
1
#GBPJPY:Three Positions Currently Opened, What about the next? Our three positions are currently open based on our last three ideas on GJ. We’re witnessing a strong bullish movement at the moment. Our next big target is 197, and then we aim for 200. Remember, trading involves risk, so take your own decisions. Good luck and trade safely! Thank you for your unwavering support! 😊 If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
16
#GBPJPY: +916 Pips Swing Buy Opportunity! Comment Down Your ViewThe FX:GBPJPY price has moved nicely from 187 to 191, almost +400 pips. I expect a small correction, but then the bullish move should continue towards the 200 region. You can set a target based on your analysis or set it at 200, whichever works for you. Good luck and trade safely. Good luck and trade safely! Thank you for your unwavering support! 😊 If you’d like to contribute, here are a few ways you can help us: - Like our ideas - Comment on our ideas - Share our ideas Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
10
#GBPJPY: +250 Pips From Last Idea Expecting A Strong Bulls! The GBPJPY currency pair experienced a decline to the 190 area, which represents a discounted price range. Subsequently, the price reversed positively by approximately 250 pips. Our market analysis remains unchanged, and we anticipate that the price will continue to exert dominance. It is possible that the price may experience a correction or a downward movement, as we anticipate the release of strong economic data this week. This data is likely to influence the future trajectory of the currency pair. We encourage you to like and comment for further insights. Your support has been invaluable throughout our journey, and we sincerely hope that you achieve success in your own market endeavours. Team Setupsfx_ ❤️🚀
Long
by Setupsfx_
7
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.
by VishalBudhrani
GBP/JPY e Analysis & Probability Estimation March 4 2025Key Observations Across Timeframes: 1. Market Structure & Trend Analysis: Short-term (M15, M30): Price is consolidating near 189.200, testing the previous daily low (PDL) for liquidity. A Break of Structure (BOS) occurred, signaling short-term bearish control. The price is hovering at a key demand zone (PWL - 188.500/187.800). If price breaks below 188.800, further downside is likely. Mid-term (H1, H4): The price rejected equilibrium (~189.800 - 190.000), showing weakness. A Change of Character (ChOCH) to the downside suggests a bearish trend continuation. Liquidity below PWL (187.800) could be a target before a potential bounce. Long-term (D1): The price is in a larger downtrend, failing to break above premium zones (~190.500 - 192.000). Liquidity below PWL (~188.000 - 187.500) is uncollected, making it a likely target. The next major support lies in the discount zone (~185.500 - 186.500). 2. Key Liquidity Zones & Supply/Demand Areas: Premium Zone (~190.500 - 192.000): Major resistance; rejection happened here. Equilibrium (~189.800 - 190.000): Price failed to hold above, signaling weakness. Discount Zone (~187.500 - 186.500): Next strong demand area if price continues lower. Previous Daily Low (PDL - 188.800): Price is testing this level for liquidity; a break here could lead to further downside. Previous Weekly Low (PWL - 187.500): Untapped liquidity below, making it a strong target for price movement. Probability-Based Scenarios: 1. Bearish Continuation to 187.800 - 186.500 (Break Below PDL & PWL) Probability: 65% Reasons: Failure to hold above equilibrium (189.800). Bearish BOS & ChOCH confirmations on H1/H4 suggest a move down. Liquidity below 188.000 (PWL) remains uncollected. Strong daily downtrend supports further downside. Bearish Confirmation: If price breaks and holds below 188.800, expect a move toward 187.500 - 186.500. 2. Bullish Reversal from Discount Zone (Bounce from 188.500 - 187.500) Probability: 35% Reasons: Potential liquidity grab at PWL (188.000 - 187.500) before reversing. Demand zone at 187.500 - 186.500 could cause a bullish reaction. If price holds above 188.800, we may see a bounce to 189.800 - 190.000. Bullish Confirmation: If price fails to break below 188.500, a push back toward equilibrium (189.800) is possible. Final Thoughts & Trade Plan: Bearish bias (65% probability) for continuation toward 187.800 - 186.500. Key Confirmation Levels: Below 188.800: Bearish toward 187.500 - 186.500. Above 189.200: Potential bullish recovery toward 189.800 - 190.000. Trade Setup Overview: Bias: Bearish (65% probability) Entry Type: Breakout & Retest 📉 Sell (Short) Trade Setup: 🔴 Entry: Below 188.800 (Confirmed BOS) 🎯 Take Profit (TP) Targets: TP1: 188.200 (PWL - Previous Weekly Low) TP2: 187.800 (Liquidity sweep level) TP3: 186.500 (Major discount zone) 🛑 Stop Loss (SL): 189.400 (Above minor liquidity) 📊 Risk-to-Reward (R:R): TP1: ~1:2 TP2: ~1:3 TP3: ~1:5 🔹 Confirmation Needed: Strong candle close below 188.800 (Break & retest scenario) No immediate bullish rejection at 188.500 📈 Buy (Long) Trade Setup (Lower Probability - 35%) 🟢 Entry: Above 189.200 (Bullish rejection & BOS) 🎯 Take Profit (TP) Targets: TP1: 189.800 (Equilibrium zone) TP2: 190.500 (Supply zone) TP3: 191.500 (Major resistance) 🛑 Stop Loss (SL): 188.700 (Below structure low) 📊 Risk-to-Reward (R:R): TP1: ~1:2 TP2: ~1:3 TP3: ~1:5 🔹 Confirmation Needed: Price needs to hold above 189.200 with strong bullish momentum. No immediate rejection from equilibrium (189.800). 🛠️ Execution Tips: 🔄 Wait for a clear breakout & retest before entering. ⚖️ Adjust lot size based on risk tolerance (~1-2% per trade). 🕰️ Monitor price action on the lower timeframes (M15/M30) for entry precision.
Short
by wizzywise1
GBPJPY jumps above 190.50The GBP/JPY pair climbs to around 190.70 during the early European trading hours on Friday. The British Pound (GBP) gains strength against the Japanese Yen (JPY) following the release of the UK's January Retail Sales data. The Office for National Statistics reported on Friday that UK Retail Sales rose by 1.7% month-on-month in January, compared to a decline of 0.3% in December. This figure exceeded the market's expectation of a 0.3% increase. On a yearly basis, Retail Sales grew by 1.0% in January, compared to a previously revised increase of 2.8% (originally 3.6%), surpassing the forecast of 0.6%. The GBP remains strong in immediate response to the positive UK Retail Sales figures.
Short
by xauusd_rr