GBP JPY Chart Showing Double top trendGBP JPY Showing double top trend in the chart after Diavergenc and I am taking my trade.
GBPJPY trade ideas
GBP Sell IdeaPrice has been forming lower highs and lower lows all week. The support area has been broken on H1, and a retest has been done. A close of the H4 candle below the support would confirm a sell. We wait and watch.
Risk - 30 pips
Reward - Your decision
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.
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GBPJPY - LongLimit set on 192.500 to take the long from the last fresh 4H buy zone. Targeting this weeks high.
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
GBPJPY bulls has given up?Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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?
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GBPJPYThe market is at the point of interest. we don't control it, we just need to wait and see what it does and trade according. if you zoom in you will see the previous h4 candle was indecisive, it more wisely to wait and get more data before taking a trade.
this is purely an analysis without a bias as the market haven't given any confirmation
Gbp/Jpy intra-day Analysis 21-May-2025
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Potential buy opertunity Based on long-term trend, price action, SMC and ICT. All point to upward movement.
GBP/JPY LONG 21/05/25Price broke 196.000, breaking bearish structure and retraced into the recent swing low. Price maintained above displaying continued bullish dominance. Double bottom formed on the 4hr and 6hr timeframe. Cpi for gbp was green giving fundamental endorsement for a bullish move up today to retest the highs at 195.000 and potentially 196.000. Jpy being a safe haven also is due to see some weakness due to softer trade war and talks in middle east.
DOUBLE SCENARIOS ARE POSSIBLE ON GBPJPYGBPJPY is in an up trend but seems it about to break the trend line .our main focus is on the bullish flag being formed, if price break above the flag we buy but if it break below the flag we sell
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.
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.
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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.
GJ looking sexy - My word i have been waiting! Ok so we have a beautiful set up here with strong GBP news so lets see if we can break those highs this week
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.
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 🦈
possibility of correctionIf a trend change occurs in the current support zone, the start of an upward trend to the specified resistance levels is possible.
Otherwise, the continuation of the downward trend to the specified support levels is possible.
GJ-Wed-21/05/25 TDA-Still consolidation GJ!Analysis done directly on the chart
Follow for more, possible live trades update!
I have two pairs to monitor. (GU and GJ)
It helps me focus on scalping better
If one is consolidating, I can opt for
the other one to trade cleaner price action
And you how many pairs do you trade?
Comment down below!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
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).
NEXT MOVE FOR GBPJPY"Is GBPJPY gearing up for a potential downtrend? Price action appears increasingly hesitant to push higher, suggesting buyer exhaustion at current levels. If this reluctance persists and key support zones begin to break, we could be looking at the early signs of a shift toward bearish momentum. A confirmed lower high followed by a break of structure could set the tone for a potential downward leg."
GBPJPYGBP/JPY Interest Rate Differential and Bond Yield Overview (May 2025)
Interest Rate Differential
Bank of England (BoE):
Current policy rate around 4.25%, with markets pricing in potential gradual rate cuts later in 2025 but with caution from BoE officials about premature easing.
Inflation remains somewhat sticky, and the BoE may keep rates higher for longer, limiting GBP downside.
Bank of Japan (BoJ):
Policy rate at 0.50%, the highest in 17 years, with a gradual tightening path expected.
BoJ remains cautious but signals further hikes as inflation and wage growth support normalization.
Japan’s economy contracted by 0.2% QoQ and 0.7% YoY in Q1 2025, but BoJ’s hawkish tilt supports JPY strength.
Differential:
The interest rate gap favors GBP by roughly 3.75–4.00%, but narrowing as BoJ tightens policy.
This differential has historically supported GBP/JPY strength, but recent BoJ hawkishness has limited GBP gains.
Bond Yield Dynamics
UK 10-Year Gilt Yield:
Around 4.44% in April 2025, volatile due to fiscal uncertainties and global bond market swings.
Yield movements influenced by BoE’s slow easing and UK’s fiscal outlook.
Japanese Government Bond (JGB) 10-Year Yield:
Approximately 1.32% as of April 2025, up from previous lows but still low relative to UK yields.
BoJ’s cautious policy normalization and reduced bond purchases have pushed yields higher.
Yield Spread:
The spread between UK Gilts and JGBs remains wide (~3.1%), supporting GBP/JPY’s carry trade appeal but with some compression due to BoJ tightening.
Market and Technical Outlook
GBP/JPY weakened to around 193.40 recently amid Japan’s Q1 GDP contraction but rebounded near 193.50 as BoE officials warned against aggressive rate cuts.
BoJ’s hawkish signals and Japan’s economic contraction have strengthened JPY, creating headwinds for GBP/JPY.
Market expectations of BoE’s slower rate cuts and BoJ’s gradual hikes create a complex dynamic, limiting GBP/JPY upside.
Divergent monetary policies continue to drive volatility, with the pair sensitive to shifts in BoE and BoJ guidance.
Summary Table
Factor GBP Impact JPY Impact GBP/JPY Bias
BoE Rate (4.25%, cautious) Supports GBP, limits losses – Mildly bullish
BoJ Rate (0.50%, tightening) – Strengthens JPY Bearish pressure on GBP/JPY
UK 10-Year Gilt Yield (~4.44%) Supports GBP carry – Bullish
JGB 10-Year Yield (~1.32%) – Supports JPY yield advantage Bearish pressure
Japan Q1 GDP contraction Weakens GBP/JPY Strengthens JPY Bearish
Conclusion
GBP/JPY is influenced by a still favorable but narrowing interest rate differential, with BoE’s cautious stance on rate cuts supporting GBP, while BoJ’s gradual tightening and Japan’s economic contraction bolster the yen. The bond yield spread remains supportive of GBP/JPY but is compressing. Near term, the pair faces resistance around 193.50, with downside risks if JPY safe-haven demand intensifies or BoE signals faster easing. Traders should watch BoE and BoJ policy updates closely for directional cues.
