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GBPJPY trade ideas

Falling towards 38.2% Fibonacci support?GBP/JPY is falling towards the pivot and could bounce to the 1st, pullback resistance. Pivot: 191.56 1st Support: 190.35 1st Resistance: 193.65 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
1
GBPJPY Will Move Higher! Long! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 192.740. The above observations make me that the market will inevitably achieve 197.573 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. 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 subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
GBP/JPY – Bearish Trend Continuation Setup After ReversalPair: GBP/JPY Market Trend: Bearish (Confirmed Reversal) Entry Type: Sell Limit Entry Price (EP): 192.725 Stop Loss (SL): 194.285 Take Profit 1 (TP1): 191.024 (1:1) Take Profit 2 (TP2): 189.262 (1:2) Lot Size: 0.09 Risk/Reward: Trade 1: Risk $100 / Reward $100 (1:1) Trade 2: Risk $100 / Reward $200 (1:2) Total Risk: $200 Total Potential Reward: $300 📉 Trade Overview: After a clear trend reversal from bullish to bearish, GBP/JPY has started forming lower highs and lower lows, signaling strength in the bearish momentum. We're entering a Sell Limit trade on a pullback to a key resistance level, aligned with the newly formed downtrend. SL is placed safely above recent swing highs TP1 targets a conservative zone for early profit TP2 allows us to ride the momentum deeper into the trend 🔍 Why This Setup? ✅ Confirmed Trend Shift – Market structure has flipped, confirming a bearish trend. ✅ Resistance-Based Entry – Selling on a pullback adds higher probability to the trade. ✅ Smart Risk Management – Trade split into 1:1 and 1:2 for both safety and profitability. ✅ Clear Technical Levels – SL and TPs aligned with prior price action and liquidity zones. 📌 Strategy Note: Staying disciplined during trend reversals is key. We’re executing on structure, not emotion. Price is more likely to respect resistance after momentum shift — and we’re positioned with calculated risk. 🔗 Hashtags: #GBPJPY #ForexTrading #BearishTrend #SellLimit #TrendReversal #PriceAction #ForexSetup #TechnicalAnalysis #RiskReward #SmartTrading #FXMarket #TradingStrategy #ForexSignals
Short
by asimafridi
GBPJPYHello traders, There’s currently a solid Sell opportunity on GBPJPY. I’ve already entered this trade, and if the price moves into drawdown, I’ll apply my Smart Pullback Entry model to scale up the position with a higher lot size. 🔍 Trade Details: ✔️ Timeframe: 15-Minute ✔️ Risk-to-Reward Ratio: 1:1.50 ✔️ Trade Direction: Sell ✔️ Entry Price: 193.199 ✔️ Take Profit: 192.908 ✔️ Stop Loss: 193.393 🔔 Disclaimer: This is not financial advice. I’m sharing a trade I’m personally taking based on my own strategy, strictly for educational purposes. 📌 Interested in a more systematic and data-driven approach to trading? 💡 Follow the page and turn on notifications to stay updated with future setups and detailed market insights.
Short
by Nurlan_PT
Gbp/Jpy intra-day Analysis 21-May-2025 Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. 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. easyMarkets 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.
by easyMarkets
GBPJPY Channel Breakout: Bearish SetupGBP/JPY Technical Outlook: Consolidation at Key Support Ahead of Potential Breakout or Breakdown The GBP/JPY pair has entered a phase of consolidation following a robust bullish rally that propelled the price toward its March high. After an impressive upward run, the pair now finds itself at a pivotal juncture—testing a critical support zone around 193.8, where the ascending trendline, previous breakout zone, and psychological price structure converge. This area is particularly significant because it represents not just a technical confluence but also a sentiment battleground. Buyers will aim to defend this zone to preserve the broader bullish structure, while sellers may view any weakness here as an early sign of a deeper retracement. The pair’s behavior at this level will likely define its direction for the sessions ahead. Holding above this trendline could reinforce bullish momentum and potentially send GBP/JPY higher toward the 196.3 resistance zone. On the other hand, a firm breakdown below 193.0 would violate key trend support and could trigger an extended corrective move, possibly targeting 191.000 or lower. 🔍 Technical Structure and Trading Scenarios Key Support Zone: The area between 193.0 and 193.8 serves as an immediate demand zone. It’s not only the site of a prior breakout but also intersects with the current rising trendline that has guided price action for several weeks. Bullish Continuation Setup: If GBP/JPY rebounds from the 193.0–193.8 area with confirmation from bullish momentum indicators (such as a bullish engulfing pattern or RSI bounce from mid-levels), the pair could resume its uptrend. A move toward the 196.3 target zone would then be on the cards, especially if broader risk sentiment remains supportive. Bearish Breakdown Setup: A clean break and close below 193.0 would be a significant bearish signal. This would indicate that buyers are losing control and that the trendline has failed to hold as dynamic support. Such a move would likely trigger follow-through selling, opening up space for a decline toward the 191.000 support region—a level that previously acted as a strong demand zone during price consolidations. 📈 Trading Levels to Watch Buy Zone: 193.0 – 193.8 Ideal area for long positions if price stabilizes and shows signs of strength. Buy Trigger: A bullish bounce from trendline support, especially on increased volume or intraday reversal patterns. Target: 196.3 Represents prior highs and a likely resistance area where sellers may step in again. Sell Trigger: A breakdown below 193.0, confirmed by a daily close or breakaway candle. ⚠️ Fundamental & Sentiment Risks Weak UK Economic Data: Any disappointing economic releases from the UK—particularly related to inflation, employment, or growth—could weigh on the pound and limit GBP/JPY’s upside potential. Safe-Haven Yen Demand: In times of geopolitical uncertainty, risk aversion, or equity market stress, the Japanese yen often attracts safe-haven flows. A resurgence in yen strength could pressure this pair even if the pound remains stable. Trendline Break Risks: A violation of the trendline would mark a shift in short-term sentiment and could trigger algorithmic and technical-based selling, accelerating the downward momentum toward 191.000 or even lower if broader risk sentiment turns negative. 📌 Conclusion: Pivotal Moment for GBP/JPY GBP/JPY is currently navigating a highly strategic technical zone that could define its near-term trajectory. Bulls will need to defend the 193.0–193.8 region with conviction to preserve the broader bullish structure, while bears are likely waiting for a breakdown to exploit any weakness. Patience and disciplined trade management will be key as traders await confirmation of the next move. This setup offers an attractive risk-reward environment for both breakout and mean-reversion traders—but only if the technical signals align with broader macro and sentiment drivers.
Short
by lonelyPlayer0
GBPJPY H4 XABCD Short from PRZ/D TP1/TP2 Swing Trade🔸Hello traders, let's review the 4 hour chart for GBPJPY. Strong gains off the lows recently, however price getting overextended and expecting reversal later at/near PRZ/D. 🔸Speculative XABCD structure defined by point X 198 point A 188 point B 194.60 point C 185.80 point D/PRZ 197.40/80 still pending. 🔸Currently most points validated, point D/PRZ still pending 197.40/80, so traders should wait until we hit D before SHORTING. 🔸Recommended strategy for GJ traders: wait for price to max out to complete at point D near 197.40/80, short/hold, SL 80 pips, TP1 190.00 TP2 185.00. SHORT/HOLD at point D/PRZ at 197.40/80. swing trade setup. keep in mind this is a swing trade setup, patience required. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
35
GBP/JPY Update – Buy Setup Potential | News AlertPrice is currently ranging, and we're sitting near the lower boundary of that range. While the trend has recently shown signs of weakness, this level feels too low to justify a short position at this moment. I'm watching for potential false breakouts, especially with upcoming news that could cause a sharp move. My current bias is leaning toward a buy setup, looking to catch a reaction from this lower range zone. Additionally, there's visible imbalance/liquidity resting above, which could act as a magnet for price. If price shows bullish intent (e.g. reclaiming a broken level or clear reaction from the demand zone), I’ll be looking to go long toward that imbalance.
by daghandelaar110
GBPJPY- Sell below 192.85 (for min 50 pips target)The GBP/JPY pair is trading below 55 and above 200 EMA (Short-term) and 365 EMA (long term on the 4-hour chart, confirming a bearish trend. Immediate resistance is at 194,a breach above this level targets of 194.70/195/196.50. Any breach below 192.85 confirms the intraday bearish trend. A dip to 192.35/191.70. Market Indicators (1- hour) CCI (50)- Bearish Directional movement index - Bearish It Is good to sell below 192.85 with SL around 193.30 for a TP of 191.70.
Short
by FxWirePro
GBPJPY Trap & Reversal | Smart Money Loading from OB Zone!We’re analyzing a high-probability bullish reversal setup forming on GBPJPY 1H, built on clean SMC logic. Here’s how this trade is setting up: 🔄 Market Structure: Prior bearish move into a reversal area Equal highs (liquidity built up) Clean sweep below short-term lows ➝ Liquidity grab ✅ Price now reacting from a defined Order Block zone 🧱 Order Block Zone: Purple OB zone marked at 192.753–192.118 This zone is resting between 61.8% and 70.50% fib levels – high confluence 🔥 💸 Liquidity Levels in Play: Sell-side liquidity already swept Buy-side liquidity sitting above the recent highs @ 196.413 (target zone) 🚀 Entry Plan: Entry Point: Reacting from OB near 192.753 Stop Loss: Below the strong low (192.118) TP Zone: 196.413 = Buy side liquidity ➝ Weak High marked for potential sweep 🧮 RRR (Risk-to-Reward): Massive potential ➝ Approx 1:8+ RRR This is the kind of setup institutions dream of. 🚀 📈 Key Confluences: Equal highs = liquidity magnet OB sitting at golden zone Strong low protecting entry Institutional pattern: Sweep ➝ OB reaction ➝ expansion 📉 Watch for Pullback/Entry Reconfirmation: Price may tap deeper into the OB before expanding Wait for bullish momentum confirmation (CHoCH on 15M or 30M TF = better entry sniper style) 📢 Pro Tip (Trader Mindset): This setup screams “liquidity engineering”. Retail traders shorted the lower high; Smart Money is about to flip the script. Be the shark, not the fish 🦈
Long
by ChartNinjas88
GBP/JPY – Bullish structure forming. Waiting for confirmationGBP/JPY – 15 min chart After a prolonged corrective move, price action is beginning to show signs of structural recovery. We’re now seeing a shift in momentum as higher lows start to form, suggesting potential for a bullish continuation. The market is currently stabilizing above a local support zone, following a strong bullish impulse. Should price pull back slightly — especially around the 193.500 area — and hold, it may provide a springboard for a move toward the next key resistance near 195.500. This area stands out not only as a previous structural level but also as a likely liquidity pocket. A clean break above could open the path toward the 196.750 region, aligning with higher timeframe levels (weekly/monthly).
Long
by daghandelaar110