GBP)JPY) Technical analysis setup Read The ChaptianSMC trading point update
Technical analysis of GBP/JPY (British Pound / Japanese Yen) on the 3-hour timeframe using Smart Money Concepts (SMC) and structure-based patterns.
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Market Overview
Current Price: 193.808
EMA 200: 193.100 (acting as dynamic support)
RSI (14): 42.24 → Neutral/Bearish territory
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Two Possible Scenarios (Bullish & Bearish)
Bullish Scenario
Zone of Interest: 193.1–193.5 (support area)
Price is hovering just above the support level and 200 EMA.
Double green arrows mark previous rejections = demand zone.
If price respects support and forms a higher low:
Possible rally to:
First Target: 196.415
Second Target: 198.838
Bearish Scenario
If price breaks below the yellow support zone and 200 EMA:
Clean path down to:
Target Point: 190.098 (marked strong support zone)
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Zones of Importance
Support Level: 193.0–193.5 (minor support, under retest)
Strong Support Level: ~190.1 (high probability bounce zone)
Target Resistances:
196.415 (intermediate high)
198.838 (major resistance / swing high)
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Trade Plan Summary
Direction Entry Zone SL Target R/R Potential
Long 193.1–193.5 Below 193.0 196.4 / 198.8 1:2 to 1:3+
Short Below 193.0 Above 194.0 190.1 1:2+
Mr SMC Trading point
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Additional Notes
Watch price action closely at the support zone before entry.
RSI shows some bearish momentum but not oversold yet.
The outcome may be influenced by JPY strength and macro events (check economic calendar).
pales support boost 🚀 analysis follow)
GBPJPY trade ideas
GBPJPY is in the Down TrendHello 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
Double Reject @ March Resistance Spells Good News For GJ BearsOANDA:GBPJPY struggles to reach Higher Prices then that of the High created on March 27th and leads me to believe we could see a Double Top Pattern in the making!
Confirmation of the Pattern will come when:
1) Price declines back to 191.877
&
2) Makes a Breakout of the Confirmation
Once the Pattern is Confirmed and Breakout is Validated:
- This should deliver great Short opportunities as a Double Top Breakout & Retest Set-up!
GBPJPY Weekly overview Jun 1, 2025 – Jun 7, 2025BOJ Gov Ueda Speaks could make market move faster in its direction. avoid trading around his speech.
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The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confirmation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
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Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
GBPJPY - Monday's Action Could Spark Upside MoveThe GBP/JPY pair is currently positioned at a critical juncture around the 193.902 level, sitting near important support zones that have been highlighted on the chart. The currency pair has shown considerable volatility over the past month, with price action oscillating between well-defined support and resistance levels, creating a clear range-bound structure. As we approach Monday's trading session, the focus will be on whether the current support level can withstand any potential selling pressure. If this support zone holds firm and buyers step in to defend these levels, we could see a significant move to the upside, potentially targeting the upper resistance zone around the 196+ area that has previously capped rallies. The technical setup suggests that a successful defense of support could trigger renewed bullish momentum, making Monday's price action crucial for determining the pair's short-term directional bias and whether it can break out of its recent consolidation pattern.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Update GJ 4H Intra-week June 6thA sub-structure has been broken and price is now sitting on a support zone. I’m expecting a potential buy opportunity around 192.50. For a sell, I’m watching the 194.85 level — unless I get an earlier confirmation to sell.
Next update will follow later this week, depending on how quickly price moves toward the key levels.
GBPJPY update!!Good day traders, I’m back with yet another beautiful setup on GJ and I really wish we can all monitor how price plays out and learn more about price signature.
For this setup I’ll explain more about it after the fact because it’ll help me make my point clearer and easily understandable.
Yet another gift..🎁🧧
GBPJPY SELL IDEA- Market Structure on the Daily chart is showing Lower highs and Lower lows
- Price has formed lower highs and lower lows on 4h and 1hr charts.
- A sell entry immediately after the market opens to the next support.
- Break of the support on HF(H4) retest, and close of the daily candle below the support level will be the final confirmation for a fall and room for new entry
Risk - 30 pips
Reward - 108 pips
GBPJPY Setup – Structure Break & RetestTimeframe: 1H
Strategy: SMC | Trendline Break | Supply & Demand | EMA Rejection
Idea:
Price broke the ascending trendline and retested the structure zone (former demand now acting as supply). Currently consolidating just below that zone — setting up for a potential continuation to the downside.
Confluences:
• Trendline break ✔️
• Retest of lower high structure ✔️
• RSI still under 50, momentum bearish ✔️
• Price sitting on liquidity zone ✔️
• 50 & 200 EMA rejection ✔️
Bearish Bias Until Proven Otherwise
GBP-JPY Growth Ahead! Buy!
Hello,Traders!
GBP-JPY is trading in an
Uptrend along the rising
Support line and the pair
Will soon retest is to we
Will be expecting a rebound
And a bullish move up on Monday
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBP/JPY Daily AnalysisGBP/JPY daily price action has been moving in a descending channel since November 2024.
This month, we have seen price enter the 196.000 zone at the top of the channel. What's also noticeable is the double rejection that has printed.
Here, it's possible that we could see a break down in price and a change of cycle IF we have reached a top again.
However, if we see price continue higher, the idea will be invalidated.
Look for a sell setup that meets your strategy rules if you agree with the analysis.
GBPJPY Technical Analysis! SELL!
My dear subscribers,
This is my opinion on the GBPJPY next move:
The instrument tests an important psychological level 195.61
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 193.94
My Stop Loss - 196.32
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
GBP_JPY RISING SUPPORT|LONG|
✅GBP_JPY is trading along the rising support
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above at 194.500
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GJ| Bulish Setup Loading..Got the narrative locked in from the 4H—bias is clear.
30M structure is holding strong and pushing the story forward.
Now? Just waiting on price to mitigate the 5M order block for that sniper buy entry. 🎯
Looking to ride this into potential 30M highs.
Precision over impulse. Let price pull the trigger. 💎
– Inducement King
Bless Trading!
Gbp/Jpy Intra-Day Analysis 30-May-2025Disclaimer: 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.
GBPJPY Is Very Bullish! Buy!
Take a look at our analysis for GBPJPY.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 193.933.
Taking into consideration the structure & trend analysis, I believe that the market will reach 195.006 level soon.
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!
Lingrid | GBPJPY Support Zone Bounce - High Probability SetupFX:GBPJPY is currently retracing after printing a strong higher high just above 196, with the price now approaching the 193.6 support level. A bounce is likely from this minor support or slightly lower, where an upward trendline intersects with the pullback zone. The chart hints at a potential bullish continuation toward the 195.0 target if the structure holds. Momentum will need to reassert quickly to confirm a recovery scenario.
📈 Key Levels
Buy zone: 193.3–193.6
Buy trigger: confirmation bounce above 193.6
Target: 195.0
Sell trigger: breakdown below 193.3
💡 Risks
Failure to reclaim 193.6 support may extend the pullback to 191.9
Bearish momentum from the recent top could overpower rebound attempts
Resistance at 195 could stall further upside even if support holds
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GJ-Fri-30/05/25 TDA-Massive dump on GJ, now what?Analysis done directly on the chart
Follow for more, possible live trades update!
Time to reset, recharge!
Just like you train your body, it needs
recovery time.
Also your brain needs recovery time.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y