Bullish ContinuationGot an Early Entry on This setup. A close above 194.000 should confirm the bullish momentum to the upside. Lets see how this plays out . Expecting price to put back up to 195.000 Entry : 193.927 SL: 193.450 TP: 195.000Longby DariusTheTrader_Updated 1
Don't miss the great SEE Opportunity in GBPJPYCurrent Market Structure: The price is moving upwards in a clear uptrend. After a recent pullback, it seems to be heading towards a support level near the 192.450 area, marked by the blue line. Trade Setup: Support Zone: The grey-shaded area below the blue line indicates a potential support or demand zone, where buyers are expected to step in, between 191.550 and 192.450. Long Entry: The chart suggests waiting for the price to dip into this support zone before entering a long position. Target Zone: The green shaded area above indicates the profit target of around 195.950. Bullish Outlook: The expectation here is that after testing the support zone, GBP/JPY will reverse upwards toward the target at 195.950, indicating a bullish continuation after a minor retracement. This setup presents a buying opportunity around the support area (191.550–192.450), with a clear target near 195.950, aligning with the uptrend.Longby forexcitysignal3
#GBPJPY: Is it correction for Bears or change of character? Dear traders, GBP/JPY has experienced a significant correction. The price reached the 195 level before declining to the 190 level. Currently, the price is fluctuating around 193.68, and a potential upward movement may extend to approximately 197 or 198. If the price disregards this range and breaks out to a higher level, we have identified a secondary entry point that offers a safer entry for risk-averse traders. Additionally, it is crucial to monitor the performance of the US Dollar Index (DXY), as its bullish trend can negatively impact the Japanese yen (JPY), leading to a surge in all JPY pairs to new highs. Therefore, close attention should be paid to the DXY's performance. In our professional opinion, the price has formed an "AB=CD" pattern. Furthermore, an examination of the 4-hour timeframe suggests the possibility of a character change. Should this occur, we will provide an update. Please conduct your own research before executing any trades, as this chart is solely for educational purposes. We appreciate your support by liking and commenting on our idea; it serves as an encouragement to our team. Thank you. Team Setupsfx_Shortby Setupsfx_141466
Cup and handleFYI DYOR GBPJPY try to make handle, and completely cup and handle pattern. After made 2 higher low, in last week. Price will retest fresh supply above 200 againLongby GiyuuuSan1
GBPJPYPlan Followed 5.15 & 30 min - this is either setting up to the biggest move or the biggest fake out. SL set TP 200.000 ( look for more buy entries ) without FTMOLongby cassiuskemetic0
GBPJPY sell signal. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeShortby wavesscoutforex114
GBP/JPY Short Setup - 1 Hour charts - 1:3 RRI'm looking for a short position on GBP/JPY. Waiting for a 1 hour close below 193.275 to confirm entry. The pair has rejected resistance near 194.150 and is now moving downwards, forming a potential break of the ascending trendline support. Trade Plan: Entry: After a 1-hour close below 193.275 Stop Loss (SL): 194.150 Target 1 (TP 1): 192.810 (Move stop to break even here) Target 2 (TP 2): 191.928 Target 3 (TP 3): 190.572 The risk-to-reward ratio is favorable (1:3 RR), with a clear invalidation above the 194.150 level. Let's see if the price continues to respect the trendline and if we can capitalize on the downside momentum.Shortby PipShiesty226
GBPJPY- Buy on dips (15 min setup)GBPJPY consolidating in a narrow range between 193.98 and 193.07 yesterday. It hit a high of 193.90 at the time of writing and is currently trading around 193.83. Overall trend remains bullish as long as support 192.50 holds. Technicals- The pair is trading above short-term 34, above 55 EMA (193.74 and 193.68) and long-term 200 EMA (193.80) in the 15-minute chart. The near-term resistance is around 194.25, a breach above targets 195/196/197.37 (161.8% fib)/198/200. Major trend continuation only above 196. The immediate support is at 193.40 any violation below will drag the pair to 193/192.50/191.70. Indicator (15 minchart) CCI (50)- Bullish ADX- All indicators confirm the mixed trend. It is good to buy on dips around 193.68-70 with SL around 193 for a TP of 196. Longby FxWirePro2
GBPJPYGBPJPY remains in a bullish direction as British pounds holds tight on inflation.the bank of England could make some changes on its monetary policies which will keep price on upward trajectory. its best to use lower timeframe and look for buy opportunity14:13by Shavyfxhub1
GBPJPY H1 | Bullish Bounce Based on the H1 chart analysis, we can see that the price has just bounced off our buy entry at 193.04, which is an overlap support close to 61.8% Fibo retracement, Our take profit will be at 194.73, which is a pullback resistance level. The stop loss will be placed at 191.83, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCM6
GBPJPY trading signalsHello traders BUY GBPJPY now 193.600 according to Elliot wave abc pattern and bullish strong candle appeared after the downtrend ended. SL point is placed below the port area and we have short SL long TP signal. Wish you successful tradingby TVS-Trader3
GBPJPY long idea After yesterday’s pull back , I’m looking at longs today… a continuation from Friday evening , the pair is still bullish from what I see and it’s slowly clearing the BOJ intervention. This isn’t a signal it’s just what I’m trading so I can log my trades. Longby TheRogueChef442
GJ shortslooking at this short term setup on GJ based on the highs being push down and a correction on its way. Shortby AllFatherOdin1
GBPJPY - Buy StopWe'll buy at the break of previous high. It can be seen that there is RSI Bullish Divergence as well as horizontal support and trendline support. It is highly expected that TP2 will hit but we'll take partial profit at level mentioned. The trend is retracing from 61% fib level.Longby Alee_Kolachi2
GBPJPY: Are Sellers Done?My bias for GJ is still Bullish so I'm looking to buy after the pullback. Price retraced to fill the imbalance and was rejected at the 38.2 fib. I would like to see a deeper retracement down to the discount fib levels. 50 fib (192.68) 62 fib (192) The 62 fib also has a bullish OB confluence. It is possible that price can push up from our first target at 193.75. Let's be patient and wait for our Bullish confirmations. Long05:10by Dynamic-Dani118
IDEA GBPJPY LONG POSITION HI TRADERS Pair : GBPJPY Position : LONG ( BUY ) Entry Price : 193.700 STOP LOSS @ 193.300 TP 1 @ 194.100 TP 2 @ 194.500 TP 3 @ 195.700 ( Trailing SL ) Longby hamidTrader211
Weekly Forecast & GBPJPY SHORT Trade RecapBias Analysis: Daily is in premium on the minor swing and at equilibrium on the major swing but with the 4H structure still bullish (CT) there is upside potential on this pair. Long entries were within the 1H bullish range and after a correction into EPD at NY open, entry confirmation was received after trade parameters were met. Grade: High Quality Valid What I did well or could've done better - Used pair correlation to increase discretion during entry confirmation Stayed focus during my NY Killzone despite being on the road which avoided a missed position on GJ. DXY: Structure is bullish on DXY from the HTF down to the LTF's but with price in a 1D OB, we could see the reversal from this KI area. The development of price over the initial days of the week will signal how the weekly will distribute. Today, price is within a bullish 1H range with protraction lower at KZ open.Long14:55by The_Modern_Day_Trader5
GBPJPYLarge engulfing candle 2/2 overall trend bullish uk - bearish re-tested support? SL set TP setLongby cassiuskemeticUpdated 6
GBPJPY: Growth & Bullish Continuation The price of GBPJPY will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111
Long on GBPJPYI am entering along position on GBPJPY for the following reasons : - RSI divergence ! - trending bullish challenge - the bollinger middle band was respected as a bullish channel.Longby mahmoudmahdi24223
How Use Price Action Points And Areas (Increased Probability)Price action points and zones are often misunderstood. You generally are looking for an area, rather than an on the dot price. Here's my take.05:00by WillSebastian4
GBPJPY has shifted its trend The pair has entered the bull phase after a descent bearish rally. The confluences that made this trade bullish have been written on the chart. TP will be set once the SL is defined.Longby faisal-1011
GJ Sells;Looking at taking sells on GJ pending order set and allowed to play out. Now, I wait to see the outcome of this setup. See you, later.Shortby dayBot6111