Gbpjpysignal
GBPJPY: Still BullishPrice has pulled back and is currently reacting to H1 OB at 197.00–197.20
* FVG Support: Between 196.80–197.10
* Watch for: Bullish BOS above 197.50 to confirm buyers stepping back in
* Confirmation Needed: M15 bullish BOS above 197.50–197.60 for buy entry
🟢Entry: 196.80 – 197.10
Stop Loss: 196.4
TP1: 198
TP2: 198.6
TP3: 200
Breakout Option: If price pushes above 198.30 (M15 BOS + retest), you can enter.
❌ Bullish Bias Invalidation
H1 close below 196.40 → signals potential deeper retracement
GBPJPY: Bullish Impulse May Take Price To 205! 700+ Pips MoveGBPJPY is in steady bullish move in other words it is in impulse move; price has not yet exhausted and there is still extended bullish move to completed before bears takes control over. Please use accurate risk management while trading and do your own analysis.
LIKE
COMMENT
SHARE
Good luck.
Team Setupsfx_
GBP/JPY Retests Supply Zone as Yen StrengthensGBP/JPY bounced from 195.3 and is testing resistance at 197.0, where a bearish fair value gap is located.
Stochastic shows rising momentum at 28.0, but institutional data favors the Yen, with increasing long contracts.
If 197.0 holds, the pair may retest 195.3, the previous day's low. The bearish outlook remains valid below the 197.8 resistance.
GBP/JPY Trades Lower After Breaching 198.0 SupportGBP/JPY declined from recent highs, currently trading around 197.3. The break below Friday’s 198.0 low intensified the downtrend, with the pair nearing a key support at 196.9.
A temporary rebound toward 198.0 is possible before the downtrend resumes toward 196.0. The bearish outlook is invalidated if GBP/JPY breaks above 198.9.
Pound-Yen Finds Support with Eyes on 198.1FenzoFx—GBP/JPY is forming bullish long-wick candlesticks near 196.8, just above key support at 196.5.
The market remains bullish above this zone, with potential to retest 198.1. A sustained move higher could extend the rally.
The bullish outlook is invalidated if GBP/JPY closes below 196.5.
#GBPJPY: UPDATED VIEW 24/10/2024 **GBPJPY UPDATED VIEW BASED ON PREVIOUS ANALYSIS**
Dear Traders,
I hope you are doing well. Based on our previous analysis of GBPJPY, we identified two potential selling opportunities within the market.
However, the bullish sentiment in the DXY currency pair has had a significant impact on JPY, causing it to fall short of its full value within the daily timeframe. As of today, we have observed a potential exhaustion of DXY’s bullish momentum, with four-hour candles indicating a strong bearish pressure. This development presents an opportunity for JPY to rebound, potentially allowing us to secure substantial profits within the market.
Now, let’s focus on the GBPJPY currency pair. The price has extended its bullish trend, although there is a possibility of a reversal from its current position. We recommend implementing appropriate stop-loss orders for any sell entries taken from the current market price. If the initial entry fails, we are confident that the price is likely to reverse from our second entry.
Before making any decisions based on this analysis, it is essential to conduct your own research. This analysis is solely for educational purposes and should not be considered financial advice.
We appreciate your feedback and support. If you find our work valuable, please consider liking and commenting on our ideas. Additionally, following us will provide us with encouragement and motivation.
Best regards,
Team SetupsFX_
#GBPJPY: 1170+ Massive Sell Opportunity! Get Ready For Big MoveDear Traders,
We have an excellent selling opportunity on GBPJPY, with over 1100+ selling move is likely to occur within next couple of weeks. Please use accurate risk management. For more chart related information read the chart carefully.
GBPJPY: Price is trading at crucial level, Possible Swing MoveDear Traders,
GBPJPY, price is currently trading at very crucial area from where we can expect price to reverse, currently the price momentum shows a strong bearish presence. This can be a swing sell after looking at the data, price can touch the previous yearly low.
#GBPJPY: Buyers and Sellers Both Has Equal Chances! Hey there! So, GBPJPY is at a pivotal moment, and we might see a mix of buying and selling activity in the market. Since the bulls aren’t exactly sure what to do next, here’s what we think:
- The GBPJPY pair is having a tough time breaking through the 194 region. The Japanese yen (JPY) is holding steady, making it hard to predict what will happen next. This has made trading JPY pairs a real challenge.
- Looking back at how prices have behaved in similar situations can give us some clues about what might happen in the future. But it’s important to do thorough research before we start trading. Just because something happened in the past doesn’t mean it will happen again.
- The Japanese yen (JPY) also tends to go down when the US dollar (USD) goes up. Since we’re bullish on the DXY index in the coming days, we think the JPY will probably take a hit, and it could go down a lot. It’s also worth keeping an eye on the GBP, which has been one of the most popular currencies since the market opened earlier today.
- In the meantime, we suggest setting two take-profit targets: one at 197 and another at 199. These levels are likely to see a lot of selling activity.
Now, let’s talk about what sellers should do:
- The price is currently in favour of sellers since it dropped from 195.50 to 193.50. And since the last two daily candles closed with strong bearish volume, it looks like the price is going to keep going down.
- If the price breaks below 190.50, that would be a great opportunity for sellers to make some money.
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_
❤️🚀
#GBPJPY: 600+ Pips Swing Move, JPY To Drop! GBPJPY has successfully rejected the area previously identified in our analysis of GJ. We had anticipated a price rejection and reversal with a strong bullish impulse, which has materialised. Following the positive candle close on Friday, we anticipate a continuation of the bullish trend and potential reaching of the 200 mark.
When trading, it is crucial to prioritise risk management. Conduct your own analysis and utilise this information solely for educational purposes.
Three potential targets have been identified: 198, 200, and 202. A stop loss can be positioned below our buying zone, as indicated by the black-marked zone.
Your support, expressed through likes, comments, and shares, is greatly appreciated and encourages us to continue providing valuable content.
❤️🚀
Team Setupsfx_
Price has shown reactions here both as support and resistance.📊 GBPJPY 4H Technical Analysis Overview:
The chart displays a well-structured range-bound market with price moving between key supply and demand zones, suggesting potential for both continuation and reversal setups.
🔹 Key Zones:
Resistance Zone (Supply): 196.300 – 196.700
Price has previously reversed from this area multiple times, indicating strong selling pressure.
Mid-level Support/Resistance Zone: Around 194.300 – 194.800
This zone is acting as a decision point; price has shown reactions here both as support and resistance.
Major Demand Zone: 191.700 – 192.200
Strong historical buying pressure from this level, likely to act as a key support if price drops.
🔀 Price Projections:
Bullish Scenario:
A short-term push towards the resistance zone could occur, testing the 196.500 region before any major move.
Bearish Scenario (Primary Projection):
If price gets rejected from the resistance zone, we may see a bearish reversal breaking through the mid-support zone and eventually targeting the lower demand zone (around 192.000).
📌 Outlook:
Price is currently approaching a critical resistance area. Watch for signs of rejection or confirmation before entering short positions. A clean break below the 194.300 support zone would validate the bearish continuation setup.
DeGRAM | GBPJPY reached the resistance for the third time📊 Technical Analysis
● Price stalled in the 195.5-196.0 red resistance zone and printed a bearish engulfing (labelled “bearish take-over”) after repeatedly failing at the channel roof; the pattern completes a rising-wedge false break.
● Candle has slipped back under the mid-support band 194.0-194.3 and the wedge base; sustained trade below it opens a drop toward 193.50 (prior swing shelf) then 191.80 within the broader channel.
💡 Fundamental Analysis
● After May’s weak UK GDP outlook and dovish Bailey remarks, gilts out-performed JGBs for a second week, trimming the yield premium, while risk-off flows ahead of the BoJ meeting add yen demand.
✨ Summary
Short ≤195.5; break beneath 194.0 targets 193.5 → 191.8, stretch 190.4. Short view void on a 4 h close above 196.0.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPJPY Hello Traders,
There is a potential Buy opportunity on the pair, and I’d like to share it with you.
The setup provides an ideal buying condition, and I’ve configured the trade with a Risk-to-Reward Ratio of 1:2.
According to my personal entry model — which includes three different rating levels (a-b-c) — this setup has received the highest rating, which increases the likelihood of a successful outcome based on historical performance.
🔍 Trade Details
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:2
✔️ Trade Direction: Buy
✔️ Entry Price: 195.654
✔️ Take Profit: 196.179
✔️ Stop Loss: 195.391
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
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_
❤️🚀
#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_
❤️🚀
GBPJPY Trade Setup Analysis – Bullish Momentum Brewing🔍 Technical Overview
Pair: GBPJPY
Chart Type: Candlestick
Indicators Used:
EMA 50 (Red) ➖ Short-term trend
EMA 200 (Blue) ➖ Long-term trend
🧱 Key Levels
🟣 Resistance Zone: 195.300 – 196.000
🟪 Intermediate Resistance/Support Flip: 193.000 – 193.700
🟦 Support Zone: 191.500 – 192.300
📈 Bullish Structure Observed
Support Bounce 🔁
Price found strong support around the 192.300 level (confluence of support zone + EMA 200 bounce) 💪
Break Above Resistance Flip 🔓
Price recently broke above the mid-zone (~193.300), flipping it into a potential new support. This indicates bullish pressure is increasing. ⚡
EMA Crossover Confirmation ✅
Price is now trading above both the EMA 50 and EMA 200 – a bullish alignment.
🔮 Projection & Trade Bias
📍 Current Price: 193.744
📈 Bullish Target: Resistance zone at ~196.000
📉 Invalidation: Break and close below 192.200
💡 Expected Move:
A retest of the 193.300 zone could offer a high-probability buy entry, targeting a full move to the top resistance range. 📦
⚠️ Risk Management Note
Always apply:
🎯 Defined entry + stop-loss (SL) below 192.000
💰 Risk:Reward at least 1:2
🛡️ Adjust size according to volatility
🧠 Summary
The pair is showing bullish structure recovery with confluence at key EMAs and a resistance-turn-support breakout. A rally toward the 196.000 region is highly likely if current structure holds. 📊🔥
GBPJPY fake out has given momentum to drop?GBPJPY has just got rejected with 4h bullish candle with more than 1.5ATR to the key level giving probability to drop to next area of support. As the price has done this fake move, we may see possible drop to daily support and may continue to drop to possible 80 pip.
As the price has got rejected from a monthly high, we may see further downside
A sell trade is high probable!
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
DeGRAM | GBPJPY broke through and fixed above the channel📊 Technical Analysis
● Price has broken the 8‑month descending channel’s roof and reclaimed the last swing‑high at 194, turning it into support and signalling a trend reversal.
● The move launches from a bullish pennant; its measured target and the channel’s midline converge in the 196 – 197.8 resistance zone.
💡 Fundamental Analysis
● UK average earnings held above 6 % y/y in April, curbing BoE‑cut speculation and keeping gilt yields elevated.
● Japan’s Q1 GDP shrank and the BoJ left policy ultra‑loose, widening the UK–JP rate gap and pressuring the yen.
✨ Summary
Channel breakout plus strong UK data and soft JPY bias favour a long GBP/JPY: aim for 196 → 197.8, risk managed on a daily close back below 194.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPJPY SHORT FORECAST Q2 W20 D14 Y25GBPJPY SHORT FORECAST Q2 W20 D14 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
✅Gap fill
🔑 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