GJ-Mon-12/05/25 TDA-Strong bull continuation from Friday!Analysis done directly on the chart
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to improve. To get better and better!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
JPYGBP trade ideas
TRADING PLAN:GBPJPY LONG TRADE SETUP Given the bullish sentiment in GJ today, and the successful liquidity grab at the Friday's London session low, we'll take a long position. Our initial target is a 1:1 risk-reward ratio, followed by a 1:2 ratio after securing some profits.
Uptrend The price is expected to break through the resistance trend line and establish a continuation of the uptrend. If the price breaks through the support area, the above scenario will be invalidated and a continuation of the downtrend will be likely.
GBPJPY UPDATE: BUY SignalBuy trade is floating +60 pips in profit running risk free. Final target is the unmitigated OB around 193.2.
ENTRY 191.193
SL 190.5
TP1 191.393
TP2 191.693
TP3 192.193
TP4 193.193
GBPJPY Sell Setup- Go for sell when setup given
- Refine entry with smaller SL for better RR
- keep looking for sell even if price goes one more up
- in any case GJ has to come down
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"I Found the Code. I Trust the Algo. Believe Me, That’s Everything."
GBPJPY Sell Setup – Closing the Weekend Gap
The market opened with a clear gap and price has now pulled back into a premium zone. I’m shorting here with a 1:2 risk-reward targeting the gap fill below. If momentum holds, we should see price drive back toward the 193.10 region.
📉 Risk: 1%
🎯 Reward: 2%
🔍 Timeframe: 15m
Let’s see how she plays out 👀
GJ ANALYSISGJ has been in a bearish channel for months. Currently price is bullish but it could still flip bearish based off where price is currently at. Also, I wouldn't be surprised if price retraces towards 195.600 area then flip bearish.
GBPJPY 230 pip up?GBPJPY Multiple timeframe analysis and possible trade setup :
Monthly : Sharp rejection from a long term monthly support after a false breakout
Weekly : Previous week candle close with bullish pin bar and possible bounce back to the monthly high
Daily : There was daily support false breakdown @190 level then return back up with strong momentum
4H : Possible trade setup, bullish on slight pullback to the downside, possible target @195.60
If you enjoy this analysis like and any questions do not hesitate to ask in the comments
GBPJPY TREND
📈 GBPJPY – Bullish Breakout | Long Setup Active 🇬🇧💴
GBP/JPY is showing a clear bullish structure on the 1H chart. Price has broken above a key resistance zone and reclaimed the 200 EMA with strong momentum and volume. This marks a potential trend reversal and the beginning of an uptrend.
🔹 Entry: 193.400
🔹 Stop Loss: 192.935 (below recent support)
🔹 Take Profit: 195.720
🔹 Risk/Reward: Solid R:R setup
🔹 Confirmation: EMA flip + bullish engulfing candle + strong volume
Looking for a minor pullback to the breakout zone for continuation. Bullish bias remains valid as long as price stays above 193.000.
📊 #GBPJPY #Forex #TradingSetup #PriceAction #TechnicalAnalysis #FXTrading #BreakoutTrade #EMA200 #Bullish #JPY #BritishPound #TrendReversal
GBPJPY TRADE SETUPWait for retest the entry level and bullish momentum then take a trade for Buy otherwise skip this setup
GBPJPY and USDJPY Bullish bounce?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.
A POSSIBLE BUY SET UP ON GBPJPYGBPJPY is trading inside bullish pennant, the possibility of price breaking the pennant is high because the previous daily candle closed bullish but only if fundamental events didn't interfere. If 195.000 resistance eventually break, then price might push up to 200.000 resistance before making a retest for the bullish continuation.
A POSSIBLE BULL SET ON GBPJPYGBPJPY is trading inside bullish pennant , the possibility of price breaking the pennant is high because the previous daily candle closed bullish but only if fundamental events didn't interfere . If 195.000 resistance eventually break, then price might push up to 200.000 resistance before making a retest for the bullish continuation.
GBPJPY - Correction Likely as New Week BeginsThe GBP/JPY chart shows a strong recovery from April lows near 185.00, but the pair now appears to be facing significant resistance at the highlighted box level around 193.50. After multiple attempts to break decisively above this zone in recent sessions, the price action is forming what looks like a short-term double top pattern, with the downward arrow indicating potential bearish momentum. This technical setup, combined with overbought conditions after the impressive rally from late April, suggests we may see some profit-taking and a corrective pullback in the beginning of the week. Traders should watch for a potential retracement toward the support level around 191.00-190.50 before the pair potentially attempts another run at the resistance zone.
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#GBPJPY | +300 Pips In — Eyes on 194 Breakout"GBPJPY continues to respect a strong bullish structure, bouncing cleanly from the 190.200 demand zone with over +300 pips in upside movement.
The pair is now consolidating below the 194.00 resistance — a key level to watch for a potential breakout that could trigger the next leg toward 197.00 and 200.00.
This setup aligns with higher-timeframe bullish momentum, ascending trendline structure, and strong support zones.
Ideal for swing traders looking for mid-term opportunities with defined risk and reward.
Follow for clean, structured setups focused on momentum and price action.
GBP-JPY Free Signal! Sell!
Hello,Traders!
GBP-JPY is trading in an
Uptrend and the pair is once
Again about to retest a horizontal
Resistance level of 193.665
So despite our bullish bias
We will enter a local short trade
On Monday with the Take Profit
Of 192.946 and the Stop Loss
Of 193.799 which is slightly
Above the upper bound of
The wide supply area
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPJPY is Holding above the Support , All Eyes on BuyingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY BULLISH OR BEARISH DETAILED ANALYSISGBPJPY is currently trading near 190.80 and is forming a significant breakout structure on the 3-day chart. After months of consolidation under a descending trendline, the pair is now coiling tightly, signaling a potential bullish breakout. The pair has respected the lower support range near 183.70 while pushing up against descending resistance multiple times. This squeeze pattern often precedes a major directional move, and with bullish momentum building, GBPJPY could be primed for a rally toward the 210.00 zone.
Fundamentally, the British pound is finding strong support from the latest hawkish commentary by the Bank of England, which has hinted that inflation remains sticky, keeping rate cut expectations delayed. On the other hand, the Japanese yen remains under consistent pressure due to the Bank of Japan's ultra-dovish stance and yield curve control policies. The BoJ’s reluctance to shift its policy outlook, coupled with soft macro data from Japan, is weakening the yen across the board.
Technically, a breakout and close above the descending trendline around 194.00 will be a key confirmation point. If this happens, bulls could dominate and push GBPJPY toward the 210.00 resistance zone in the medium term. The R\:R on this setup remains favorable with stops safely tucked below 183.70, giving this trade strong upside potential.
This pair is currently one of my top watchlist setups for May as both the technical and fundamental landscapes align. With bullish sentiment driving GBP strength and JPY weakness being a prevailing macro theme, GBPJPY could deliver a powerful upside continuation if the breakout confirms.
GBPJPY 4hrI expect and hope that it will move bullish and make a strong move until it reaches the zone between 197.654 - 201.789. At that point, the market will decide the structure—whether it will continue its bullish trend or reverse into a bearish move, which could then take it down to the zone between 178.254 - 175.354.
GJ bullishWaiting on price to take out double top liquidity. To then pull back to demands that are confluent to then go long. Let's go bulls!
SELL GBPJPYMarket Trend - Ranging market (Weekly TF)
Price is currently at major resistance and last daily close was a weak bullish candle
Double top formed on H4 and H1
Signal on H1 for a reversal (bearish pinbar, Bearish engulfing) or a break and retest of previous low on H4 would be a signal for entry.
JPYs move in the same direction so EURJPY can give an indication too
Mrwarm cares...
GBPJPY Bullish Breakout – Watch for Momentum Towards 194.60GBPJPY has broken out of a descending wedge and is now retesting the breakout zone near 189.50–189.80. This area aligns with previous structure support and the wedge's upper boundary. Price action indicates bullish momentum is resuming.
🔑 Key Levels:
Current Price: 189.66
Breakout Level: ~189.50
Resistance Targets:
TP1: 190.55 (recent resistance high)
TP2: 192.57
TP3: 194.61 (key supply/weekly resistance zone)
✅ Bullish Confluence:
Breakout from falling wedge pattern
Strong retest of breakout zone with consolidation
Higher low formation and bullish engulfing attempt
No major resistance until 190.50, providing clean upside
🧠 Fundamental Context:
CBI Report (UK): Sentiment and investment outlook among UK manufacturers is deteriorating, but the pound has shown resilience likely driven by broader risk-on market sentiment.
BOJ Outlook (Japan): IMF suggests BOJ is likely to delay further rate hikes due to global uncertainty from US tariffs, maintaining a dovish bias. This weakens the yen’s fundamental strength.
Market Mood: With Japan facing delayed policy tightening and UK's inflation still above target, GBPJPY favors the bullish case in the short term.
💡 Trade Idea:
Bias: Bullish above 189.30
Entry: On retest confirmation around 189.50
Target 1: 190.55
Target 2: 192.57
Target 3: 194.61
Stop Loss: Below 188.80
📌 Note: Keep an eye on US data and BOJ tone shifts. Any risk-off shift in global markets could affect yen strength unexpectedly.
