GBP/JPY 4H Chart Analysis – Bullish Channel Setup📈 Trend:
Price is moving in an ascending channel
🔵 Support line below
🔴 Resistance line above
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Key Zones & Levels:
📍 Demand Zone (Buy Area):
Between 191.753 – 194.016
Price might bounce here before continuing up
🔵 Likely pullback expected here
🎯 Target Point:
202.500
🚀 If price respe
About British Pound / Japanese Yen
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
GBPJPY - Bullish No More!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈As per our last GBPJPY analysis (attached on the chart), it rejected the lower bound of the rising blue channel.
What's next?
GBPJPY is currently approaching the upper bound of its falling trend marked in r
Lingrid | GBPJPY potential Short-Term RetracementFX:GBPJPY broke above the March high but immediately reversed, forming a fake breakout paired with bearish divergence. This signals potential exhaustion as the pair sits near the upper boundary of the resistance zone. A pullback toward 194.200 or deeper into the 192 area appears increasingly likel
Pushing short to 192k. What are your thoughts??Smart money trap(SMT) it's an fake order block of manipulation. Market makers such as banks, huge funds, and other prominent market participants who can move substantial amounts of capital can allegedly manipulate the market against retail traders on that order zone.
In study of the market pattern,
GBPJPY → Return to range. Possible price decline.FX:GBPJPY is forming a local bearish trend amid a correction in the dollar. The price is returning to the range and entering strong resistance.
Amid a correction in the dollar, the Japanese yen is strengthening, putting pressure on the currency pair.
GBPJPY is returning below a strong level (w
GBP/JPY Breaks Above 196.00! Continuation or Distribution?Detailed Techno-Macro Analysis – GBP/JPY
GBP/JPY has just completed a significant weekly structure breakout, pushing through a key supply zone between 195.00 and 196.30 — an area that historically acted as strong resistance. The breakout occurred via a high-volatility daily candle that closed above
GBPJPY daily and 4hr Analaysis GBP/JPY is expected to turn bearish from the 196.096 - 197.372 - 200.781 zone, with a projected drop towards the 186.572 - 179.071 area, where it may find support and potentially reverse into a bullish move. However, there's also a possibility of a continued bearish breakout that could extend the de
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 res
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current rate of GBPJPY is 193.345 JPY — it has decreased by −0.24% in the past 24 hours. See more of GBPJPY rate dynamics on the detailed chart.
The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPJPY has the volatility rating of 0.41%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPJPY showed a 0.12% rise over the past week, the month change is a 3.06% rise, and over the last year it has decreased by −1.70%. Track live rate changes on the GBPJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPJPY technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPJPY shows the buy signal, and 1 month rating is strong buy. See more of GBPJPY technicals for a more comprehensive analysis.