JPYGBP trade ideas
GBPJPY H4 | Bearish Reversal Based on the H4 chart, the price is rising toward our sell entry level at 194.70, a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Our take profit is set at 193.08, a pullback support.
The stop loss is set at 196.03, a swing high resistance.
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Wed 2nd Apr 2025 GBP/JPY Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
It's about to explodeThe British Pound looks very strong across the board. Check my post of GPBCHF lines below. Is forming a bullish flag at the monthly resistance to break it up violently. If it pulls back I'll add more. SL triggers is a weekly candles closes under the bottom of the flag but I hardly doubt it. I'm almost all in on the British Pound.
GBPJPY Technical AnalysisOur analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view the price will rise to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
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GBPJPY will likely to continue the bullish channelwith no significant sign of reversal, the price seems ok to continue the parallel channel as it has touched the lower trendline the next possible move is that it will hit the upper trendline as it has done in the previous situations. Area of the next HH has also been marked on the chart, and also buy position with instant been shown.
GBPJPYGBPJPY price is near the resistance zone 193.572. If the price cannot break through in the short term, it is expected that the price will go down.
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Short trade
Day TF overview
Sellside trade
Fri 28th March 25
9.00 am (NY Time)
NY Session AM
Structure Day
Entry 4Hr
Entry 194.679
Profit level 192.079 (1.34%)
Stop level 195.101 (0.22%)
RR 6.16
Reason: Trade Rationale:
PD Array for Bias & Price Range:
Using the Premium/Discount (PD) Array, suggesting entry from a premium zone for a short trade.
The bias aligns with sell-side liquidity targeting the double button (liquidity pool) on the day TF.
GBPJPY BULLISH OUTLOOK WITH DEFINED RISK *GBP/JPY Trade Opportunity: Bullish Outlook with Defined Risk*
A potential buying opportunity has emerged in the GBP/JPY currency pair, with a defined risk management strategy in place.
*Trade Setup:*
- *Buy*: 192
- *Take Profit (TP)*: 197
- *Stop Loss (SL)*: 190
This trade setup is based on a bullish outlook for the GBP/JPY pair, driven by both technical and fundamental factors.
*Fundamental Analysis:*
The British pound (GBP) has been gaining strength against the Japanese yen (JPY) due to:
1. *Interest Rate Divergence*: The Bank of England (BoE) has maintained a hawkish stance, while the Bank of Japan (BoJ) continues to pursue a dovish monetary policy. This divergence in interest rates has created an attractive carry trade opportunity.
2. *Economic Growth*: The UK economy has shown resilience despite Brexit uncertainties, while Japan's economic growth remains sluggish.
3. *Trade Tensions*: The ongoing trade tensions between the US and China have led to a decline in the value of the yen, making it an attractive currency to sell against the pound.
*Technical Analysis:*
From a technical perspective, the GBP/JPY pair has broken out of a consolidation range and is now trending upwards. The relative strength index (RSI) is below 70, indicating that the pair is not overbought yet.
*Risk Management:*
To manage risk, a stop loss has been set at 190, which is below the recent swing low. This will limit potential losses if the market moves against the position.
*Conclusion:*
The GBP/JPY trade setup offers a bullish opportunity with defined risk. The combination of interest rate divergence, economic growth, and trade tensions provides a solid fundamental basis for the trade.
Keep your best wishes to the Travis 👍
GBPJPY Sell idea/analysis On the 4-hour timeframe, we can see a downtrend forming by having a Lower high and a low that has been broken, and I can see a rejection off of the low that can be a confirmation for a downtrend to shape. The uptrend trendline is broken, and the downtrend trendline has been respected so far, so these are enough confirmations for me to take this trade.
CHECK XAUUSD ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(GPBJPY) trading signals technical analysis satup👇🏼
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) 👇🏼
ENTRY POINT (192.500) to (192.000) 📊
FIRST TP (193.300)📊
2ND TARGET (194.300) 📊
LAST TARGET (195.500) 📊
STOP LOOS (190.600)❌
Tachincal analysis satup
Fallow risk management
ONENTRYGBP/JPY Overnight Range Breakout Strategy
Timeframe: 30 Minutes
Session: London Pre-Market (00:00 - 06:30 +2GMT)
Step 1: Identify the Overnight Range
Mark the high and low of the price range between 00:00 - 06:30 (+2GMT).
Wait for a clear breakout with a candle closing above (for longs) or below (for shorts) this range.
Step 2: Apply Fibonacci Levels
After the breakout, use the Fibonacci retracement tool:
Anchor Point 1: Start at the close of the breakout candle.
Anchor Point 2: Drag to the start of the impulse move (first candle of the range).
Key level for entry: 0.5 and 0.35 retracement.
Step 3: Trade Execution
Entry: Enter on a pullback to 0.5 and 0.35 Fib level after the breakout.
Stop Loss (SL):
Long trades: Below the low of the breakout candle’s body.
Short trades: Above the high of the breakout candle’s body.
Take Profit Targets:
TP1: 1.0 Fib (1:1 risk-reward).
TP2: 1.6 Fib extension.
TP3: 2.3 Fib extension (runner position).
Step 4: Trade Management
Move SL to breakeven when price hits TP1.
ENTRY #1 193.44
ENTRY #2 193.52
SL 193.75
TP FIB EXTENSIONS
Potential GBPJPY Trade Setup
News event for the week
JPY Tankan Large Manufacturing Index at Tuesday 350am (Over)
Long-term Chart
Major long-term trendline (Jan 23 - Current) uptrend line is still holding
Shorter trendline: LH and LL have been set since Oct.
Technical analysis
Prices are currently in no-man's land and there's no reason to enter from a technical perspective now
I want to enter Long positions if they reach 191-190 price range
-- Daily level SL: 188
-- Daily level TP: 195
Price Action for entry
-- Price to hit zone, then breakout to the downside out of the zone. To take trade on the retracement candle with SL above the highs within the zone.
-- TF to view candle: H1
And I want to enter a Short position if price reaches around 196 and does not have a strong volume breakout to the upside.
-- Daily level SL: 198 (Top of zone + Daily ATR)
-- Daily level TP: 190.6 (Major trendline level)
Price Action for entry
-- Price to hit zone then breakout to the upside of the zone. To take trade on the retracement candle with SL below the lows within the zone
-- TF to view candle: H1
Fundamental
Divergence in monetary policies, favouring a downtrend of the GBPJPY. This is THE major driver, and until economic news changes this, I favour selling GBPJPY whenever it reaches a premium level.
BOE expected to continue to cut interest rates due to bad economic outlook
JPY expected to continue to hike interest rates to strengthen the yen
Overall
If price reaches SHORT zone. I expect to hold the trade longer to take advantage of the fundamental downtrend. And I may scale into the trade if price starts a major downmove.
If price reaches the LONG zone and Price Action permits, I expect to have a scalp of the Long position(s) to take advantage of the supply zone. I do not want to hold a Long position in GBPJPY for an extended time.
This is under the assumption that the monetary policy divergence holds.
Notes: This is currently for personal practice to write out trade ideas. Feedback is welcome, and please don't mind if none of this makes sense.
GBPJPY, SELLThe forex signals provided are for informational and educational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any financial instrument. Trading forex carries a high level of risk and may not be suitable for all investors. The use of leverage can result in losses exceeding your initial deposit.
Past performance is not indicative of future results. We do not guarantee the accuracy, reliability, or completeness of any signals provided. Any trading decisions you make based on our signals are made at your own risk, and we shall not be liable for any financial losses incurred.
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GBPJPY Is Going Down! Short!
Take a look at our analysis for GBPJPY.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 193.030.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 192.202 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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: 681+ Pips Buying Chance from a Key Level. Dear Traders,
Since the Japanese Yen (JPY) experienced a significant decline in the market, prices have risen. This analysis examines two key areas: the complex bullish price behaviour and the rejection of prices at levels we are currently monitoring for potential entry. While this chart analysis serves as a secondary reference, it should complement your own trading strategies.
Best regards,
Team Setupsfx_
XAUUSD Analysis todayHello 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.