Get started

British Pound / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPJPY trade ideas

Lingrid | GBPJPY trend CONTINUATION Following a BreakoutThe price perfectly fulfilled my last idea . It hit the TP level. The overall FX:GBPJPY price action is forming an ABC move, with the C point completing around the 196.000 level. Recently, the price broke and closed above both the downward trendline and the support level at 194.000. Currently, it is testing last week's high, which coincides with the psychological level of 195.000. On the daily timeframe, a big bullish candle has formed, indicating bullish dominance. I believe the price may create a range zone at this level before continuing higher and potentially breaking out of the PWH. My goal is resistance zone at 195.750 Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Long
by Lingrid
1
GBPJPY Will Go Higher! Buy! Here is our detailed technical review for GBPJPY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 193.677. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 194.756 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
GBPJPY SHORTS IDEAYesterday we fulfilled targeting 195.000 and esp the prev weekly high level. So today, during any session or both London & New York session I wanna see the market melt to the downside. Reason being, the draw on buy-side liquidity was fulfilled and for those who did not take their t.p's @ that high could maybe get stopped out. Another theory is that whoever would have bought above prev weekly highs would have their stop losses down there. I do not have an entry yet but stay tuned, hit that boost button and follow for more updates I'ma share my entry as updates to this original idea
by gachihi
1
Good BUY Opportunity GBPJPYThis morning, we observed a notable increase in retail short positions across multiple timeframes, clearly diverging from the rolling averages. This shift in sentiment aligns with a symmetrical triangle breakout to the upside. Currently, the price is making a minor pullback to retest the triangle’s upper boundary—a setup we definitely want to take advantage of. Our stop-loss is placed just below the second higher low at 190.50, protecting the trade structure. The target is set at the full amplitude of the triangle breakout. We'll continue monitoring retail sentiment for additional confirmations, with the intention to gradually increase the long position if conditions remain favorable.
Long
by bambarcapital
GBPJPY LONG IDEASo, if you have followed my updates, I have a strong bias of where I expect the pound yen to deliver price. I'm not saying that it'll do just that today or maybe even next week, but its the draw on liquidity with IPDA that invites me in. Cutting to the chase, I'm looking for an area where might be a good institutional support level and then take the shot. It might be a OSOK( One shot one kill) model or not, but that's my view. Follow for more updates, hit that boost and share you comments below
by gachihi