GBP/JPY short term longNot looks like it has enough power to break current support at 189.8. There is FVG at 191 which might be targeted by big players before breaking current support. Enter-189.9 SL-189.6 TP-191.0Longby Will489Jan 160
GBPJPY short term LONGGBPJPY is sitting in a bearish trend but due some sort of correction before continuation to the downside could be upon us. A buy at this level or just below with a target of 196 would be my trade. This is solely a correction move with further downside movement predicted long term as the DOL is sell-side liquidity at much lower levels. 196 confluence area has a 4H FVG to fill and 0.618 fib level. GBPJPY does move in larger extremes so i wouldn't be surprised if we even hit 197 before the shuffle. News this week for GBP - inflation data Y/Y and GDP. The events for the week might correlate to a buy the rumor sell the news sort of move. DXY is still bullish and has room to continue its move higher, JPY and DXY normally move inverse of each other, so these levels will also need to be watched. Please do your own research before taking any trades. Your thoughts are welcome.Longby PLaceUrBetsPleaseUpdated Jan 163
GBP-JPY Support Ahead! Buy! Hello,Traders! GBP-JPY keeps falling down And the pair is locally oversold So after the price hits the Horizontal support level Of 188.135 we will be Expecting a local Bullish correction Towards the target of 191.500 Buy! Comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsJan 16113
Gbpjpy buyzone🚨 **Trade Update** 🚨 📊 **Buy Zone Alert**: Watching the **2-hour timeframe** closely! This setup is based on **order blocks, volume analysis**, and previous **supply & demand structure**. 📉 Expecting the current **bearish movement** to push down into the buy zone, which has shown **multiple rejections** since December. Using a **tight stop-loss** due to the higher risk from repeated rejections. 🎯 **Target**: A confirmed 2-hour **order block** with **strong volume** and previous significant rejections. ⚠️ **Heads Up**: There's **red-folder USD news** today, so this trade carries higher risk. Plan to be **tapped in and running at break-even** before the news drops. Let’s see how it plays out! 💹 👉 Follow for more updates and insights! #ForexTrading #MarketAnalysis #OrderBlocks #RiskManagement Longby PassivePipsUpdated Jan 162
GBP/JPY long from 190.2Approached 0.618 fib level and currently is in the strong bullish order block. Resistances are indicated on the chart. Enter-190.2 SL-189.9 TP1-190.8. TP2-191.3. TP3-192.2Longby Will489Updated Jan 167
GBPUSD H4 (Forex)GBPUSD H4 (Forex) We are in correction wave which is B Regards. by yasser81Jan 15116
! REALLY NOT SURE ABOUT THIS ONE ! GBPJPY FALLINGSince there are no indicators except for the RSI, it would seem logical with the current drawdown and divergence for the price to keep falling ; however there's nothing sure about this, it is just an arrow showing the potential direction, we'll update if we get more infoShortby edl75Jan 161
Trading minute impulse On the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. Shortby syomking76418Jan 163
GBP/JPY SELL $$$ both zones are valid just take LTF confirmation in the zone Shortby aryaaparsiiJan 161
GBP/JPY Bears in Control: Here’s Why You Can’t Miss This SetupWhat’s going on, everyone? It’s January 16, 2025, and we’re back with an update on GBP/JPY. Let’s dive right into the action. In this update, we’re reviewing the trade we entered midweek and breaking down why we’re still bearish on the pound versus the yen. We’re seeing lower highs consistently forming on the higher timeframes, and volume suggests that the bears are firmly in control. While the 190.05 area remains a key level for a potential weekly breakdown, we’ve already locked in 164 pips on our first take profit from the earlier trade. Reentries were strategically placed based on CPI reactions and pullback confirmations. Targets remain set at 188.93, 188.01, and a possible extension to 187.19 if the momentum holds. With consistent lower lows and lower highs on the H1 and H4 timeframes, this trade is shaping up beautifully for those who stayed disciplined and followed the setup. This isn’t just about signals—it’s about understanding the why behind the trades and using volume and structure to guide the way. Want to see the exact setups, volume plays, and key levels? Watch now to catch the breakdown in detail, and don’t miss the live trade results, including a $17,000 GJ win we just closed! Make sure to boost, follow, and share this with your fellow traders!Short05:51by BlueOceanFxAcademyJan 16227
GBPJPY sellAccording to my research, I think this currency pair is falling and give us a sell position.Shortby mehdib_aJan 162
GBPJPY BAT PATTERNHarmonic Pattern Trading Strategy: 1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy. 2. Implement proper risk management. 3. Limit exposure to 3% of capital per trade. 4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity. 5. Conduct thorough diligence and analysis before trading. Disciplined approach = Enhanced edge.Longby KachiHarmonicsJan 16114
gbpjpy buy 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 tradeLongby wavesscoutforex11Jan 165
GbpJpyi think its going for sell because make double top and tested that point in 15m tf and make a red bearish candle.. Lets seeShortby drittonUpdated Jan 161
GBP/JPY H4 | Potential bearish breakoutGBP/JPY is falling towards a potential breakout level and it could drop lower from here. Sell entry is at 190.19 which is a potential breakout level. Stop loss is at 191.97 which is a level that sits above an overlap resistance, the 61.8% Fibonacci retracement and beyond a descending trendline. Take profit is at 188.46 which is a multi-swing-low support that aligns close to the 161.8% Fibonacci extension. 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. 64% 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% 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.Short03:42by FXCMJan 169
SELL LIMIT GBPJPY# sell limit GBPJPY @191.231 stoploss @191.693 take prfit 1 pips 100 @190.139 take profit 2 pips 341 @188.109 use peoper risk management , & Goodluck Shortby EvarnickChaulaJan 163
SELL TREND in GBPJPY market (for more read captions)📉 GBPJPY Price Forecast 📉 GBPJPY has broken out of the ascending channel with strong bearish candles, confirming a downtrend. The price has also broken a strong support level and is expected to retrace to 194.50, where an order block is present. Once the retracement is complete, the pair is likely to resume its bearish move, targeting lower support levels. 🎯 Technical Target Levels: 194.50: Retracement level and entry zone. 192.10: First support level. 190.70: Next key support after breakdown. 188.50: Final technical target. 📌 Key Highlights: Ascending channel breakout confirmed. Retracement to 194.50 expected before continuation. Strong bearish momentum to drive the price toward targets. ✅ Stay Updated and Profitable! Like, comment, and follow for timely forecasts and trading insights. Don’t miss the next moves—trade smarter with precise updates! 🚀 📢 Join the community and profit together!Shortby TrendLogic1Updated Jan 162248
GBP/JPY Long based on 1D and 4H timeframeGBP/JPY approached rising support on D1 again and reacted to it. Also, it has approached a solid bullish order block on 4H. Looking for a rejection from current level - 191,34. TP1-192,9. TP2-193,6. TP3 195 areaLongby Will489Updated Jan 163311
ShortI'm looking to shorts based on HTF structure and I'm just waiting for LTF Structure to realign with the HTF BEARISH structure.Shortby Kagiso_nastyUpdated Jan 166
GBPJPYGBP/JPY, commonly known as “The Dragon” in forex trading, represents the exchange rate between the British pound (GBP) and the Japanese yen (JPY). It is a popular currency pair in the forex market, known for its high volatility and wide price swings, offering significant trading opportunities. The GBP/JPY rate is influenced by several factors, including the economic conditions, interest rate decisions, and geopolitical events in both the United Kingdom and Japan. Its movements are also affected by global risk sentiment, as the yen is a safe-haven currency, while the pound is more growth-oriented. Traders often use this pair for both short-term speculation and long-term strategies.Longby HavalMamarJan 163
Short-price broke low on 5 min - filled fvg and broke bearish candle low - looking to mirror left side and fill the 15 min wick Shortby JaywiththetradesJan 16332
Old supportPair just landed on a more than two years old support trendline. Do you think is going to break it through? I don't think so. You can start opening a small position and add if the support is holding up. SL triggers if a big daily candles break it down the support but it has to close way under it. In that case, I would short it.Longby ArturoLJan 161
GBP/JPY 1-hour chartThis GBP/JPY 1-hour chart highlights a descending channel, reflecting bearish momentum but with signs of a potential bullish correction. The price is rebounding from the lower trendline, suggesting upward pressure toward the channel's upper boundary. Unique Insight: Converging Dynamics: The structure suggests a narrowing range, possibly indicating an impending breakout. Traders should monitor volume and momentum for confirmation. JPY Influence: The yen’s movement is tied to global risk sentiment, with safe-haven demand surging during geopolitical or economic instability. GBP Catalysts: UK economic resilience and unexpected policy shifts could spark volatility, potentially altering the channel's direction. This setup provides an opportunity to watch for technical and fundamental alignment ahead of a breakout.Longby DreamsForxUpdated Jan 161111
Gbpjpy Gann Analysis The chart provides an excellent application of the **Gann Square of 9**, highlighting critical price and time relationships. Let’s break down the analysis and key observations based on the setup. --- #### **Key Observations from the Chart** 1. **Central Pivot (198.942)**: - The pivot level at 198.942 acts as the starting reference point for price projections. - The Gann Square radiates angles (45°, 90°, 135°, etc.) to identify future support and resistance levels. 2. **Significant Angles**: - **45° (196.718)**: This was tested as a key resistance before the market shifted downward. - **90° (194.506)**: The price broke below this level, confirming it as a resistance. - **180° (190.121)**: Currently acting as support, the price is consolidating near this level. 3. **Downtrend Guidance**: - The price appears to respect the geometric lines, moving along the 45° and 90° downward angles, suggesting a structured downtrend. - Future price action will likely test the lower levels at 225° (187.947) and 270° (185.786). 4. **Time Cycles**: - Vertical lines in the chart indicate Gann time cycles, potentially predicting reversals or continuation. - The key date to watch seems to be **around January 20th** for a possible shift in momentum. --- #### **Potential Scenarios** 1. **Bearish Continuation**: - If the price breaks below the **180° support (190.121)**, it is likely to test the **225° (187.947)** and even the **270° (185.786)** levels. - This would confirm the ongoing downtrend. 2. **Bullish Reversal**: - A strong bounce from the **180° level** could see the price attempting to reclaim **194.506 (90°)**, followed by the **196.718 (45°)** resistance zone. 3. **Time Factor**: - Watch the upcoming vertical time markers for confirmation of turning points, especially near key angles. --- #### **Conclusion** The Gann Square of 9 provides a structured framework for understanding price action in GBP/JPY. With the **198.942 pivot** as the starting point, the tool successfully highlights key price levels and time cycles. For traders, the next steps should focus on: - Monitoring the **180° level (190.121)** for either a breakout or a bounce. - Keeping an eye on time markers for potential shifts in momentum. As always, combine the Gann tool with other indicators like trendlines or Fibonacci retracements to increase reliability. --- Extra : Gann Grid my way: **Disclaimer**: This analysis is for informational purposes only and not financial advice. Always perform your own research before trading. Feel free to Comment and share Wish you good luck! 🚀by Magic_xDJan 163