JPYGBP trade ideas
GBP/JPY 15-Minute AnalysisWe are looking at a potential short-term buying opportunity on GBP/JPY. The price has found support near the 195.000 level, and a pullback towards the 38.20% - 50% Fibonacci retracement levels could offer a great entry point.
Key details:
🟢 Support zone: Between 194.750 and 195.000.
📈 Resistance: Around the 195.400 - 195.600 levels, with potential to reach the 195.800 zone.
After a short consolidation, we expect a move up if the price holds above 194.800.
🟢 Look for potential long entries as the price pulls back, with stops below the 194.600 zone and an upside target in the 195.500 area.
⚠️ Risk management is key—let's give the market room to breathe and aim for a solid 60-80 pips as the price moves higher.
GBPJPY H4 - Short Signal GBPJPY H4
We have made a slight adjustment to our trading zone here on GBPJPY. Moving the zone from 195 psychological price, up 60 points to around 195.600. Slight adjustments to accommodate for the recent high press attempts. Supply and resistance no doubt evident on this 195.600 price, stops now covering recent wick high prices of 196.100, with a breathing space of 5-10 points.
We are ranging really nicely here, whilst stops may seem quite large, this is a fast moving pair, and the profit target it also large. This pair has been moving 100’s of points in very quick succession over the past few weeks. The range measures a healthy 200-250 points until support price/TP target.
GBP/JPY Market Analysis:We are currently observing a potential reversal near the 194.250 support zone. The price touched the 61.80% Fibonacci retracement level, and based on this, we could expect a short-term pullback before a continuation upward.
GBPJPY WONDERMAPGBPJPY WONDERMAP
Higher timeframe shows the uptrend is still intact. Expect a pullback to H4 support, H1 breakout, and M15 RBS for a continuation buy on the lower timeframes.
Stay sharp, we’re riding the wave!
GJ - this is tricky. volume suggests shorts, but structure suggests longs. all depends upon price. I wont be holding these GJ trades for long if I take them on
GBPJPYThe price follow according to the plan. Reason to sell the price not break the previous EG BUY and become EG failed, thus the market sell until H1 eg buy target.
GBPJPYWE looking for impulses to the upside as we are still inside the uptrending structure resulting in buying opportunities
GBPJPYGBPJPY Price Breaks the bullish trend so what’s next for price?
Sells
sellers are now active in the market so anticipate a break and retest to that zone and sell to the near by low
Formation of an Ascending Triangle Pattern , All Eyes on Buying Hello 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
GBP_JPY SHORT FROM RESISTANCE|
✅GBP_JPY has been growing recently
And the pair seems locally overbought
So as the pair has approached a horizontal resistance of 196.000
Price fall is to be expected
SHORT🔥
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Strong Buy Opportunity on GBP/JPY – Ready to Trade?Exciting trading opportunity on GBP/JPY! If the daily candle closes above the green rectangle, it's a clear buy signal. The stop loss will be placed below the red rectangle, with take profit set at the blue rectangle.
Do you have questions or need analysis on any financial asset? Feel free to reach out to me in private for a comprehensive and tailored analysis!
GBPJPYBulllish Trend
Ascending Triangle Formation
Waiting for breakout
Entry with Buystop after breakout
projected target alligns with weekly resistance area
reversal expected from 207 area
BUY GBPJPY (SNIPER)GBP/JPY has been in a strong bullish phase, but five-wave bullish cycle within wave (5) up from 2022 swing lows can be completed after recent strong reversal down back below channel support lines. However, price could be go to the nearest strong supply zones which mean small traders can take a quick scalp before it go for correction.
BUY GBPJPY 195.150-195.050
TP 1: 195.400
TP 2: 195.700
TP 3: 196.000
SL 194.800
#Goodluck
#DollarHunterX
GBPJPY Swim Sell based on Fundamental and market structures.Key point
When comparing UK and Japan main macro economic indicators, Japan shows economic improvement. At the same time, it indicates that there is an obstacle to move up from the value of 195.97-195.63 within a period of almost a month.
exit - 197.22
sell - 195.64
TP - 194.10
GBPJPY is potential to sell.Seen accumulation according to the Wyckoff Pattern, now for GBPJPY is potential to sell.
A Consolidating Range Emerges in GBP/JPY with Focus on Key ResisThe GBP/JPY pair may extend its decline from the 192-193.5 resistance range, influenced by several factors. Japan remains committed to tightening its monetary policy to bolster the yen’s value, while the USD could weaken further as traders reassess their positions following U.S. interest rate cuts.
This combination has the potential to significantly boost the yen’s strength and shape a medium-to-long-term strategy for the pair. From a technical standpoint, I anticipate either a false breakout or a rejection at the resistance zone, followed by a drop toward the liquidity area.
Support levels: 190.5, 186.7
GBPJPY outlookAs we have seen last week the British pound vs Japanese Yen pair was in consolidation phase now in current week we are expecting a bullish move on the pair the reason why is the pair is in bullish trend in H1 in other confluences it has formed a Bullish flag to extent it can consolidate here and can fly also the confluence is the pair has completed its manipulation phase and now could distribute after a liquidity grab
GBPJPY Will Go Lower! Sell!
Take a look at our analysis for GBPJPY.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 195.006.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 194.170 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.
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GBP/JPY SHORT FROM RESISTANCE
Hello, Friends!
We are going short on the GBP/JPY with the target of 191.668 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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