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JAPANESE YEN / BRITISH POUND

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JPYGBP trade ideas

GBPJPY What Next? SELL! My dear friends, Please, find my technical outlook for GBPJPY below: The instrument tests an important psychological level 193.17 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 192.71 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
Pound-yen struggles despite higher British inflationSome renewed demand for havens has supported the yen over the last few days as American bonds were downgraded. Recent Japanese data have been mostly mixed, with investment likely up somewhat although 20 May’s balance of trade unexpectedly showed a deficit. British data have been more positive, with inflation particularly reaching a high of more than a year and lowering the probability of immediate further cuts by the BoE. 14 May’s rejection of ¥196 seems to have been decisive, with the price having moved fairly consistently down since then and back below the 200 SMA. The slow stochastic is very close to neutral and volume remains low compared to early in April. Consolidation in the value area between the 100 and 200 SMAs looks possible in the near future unless there’s a particular surprise from Japanese inflation. The weekly chart shows an overall sideways trend since the fourth quarter of 2024, which is a normal situation for a major forex pair. The main release coming up for pound-yen specifically is Japanese consumer confidence on 29 May. This is my personal opinion, not the opinion of Exness. This is not a recommendation to trade.
by Michael_Stark_Exness
GBPJPY Update. May 22thAlthough price didn’t follow my initial trade setup exactly, it’s still doing precisely what could be expected. Knowing which levels to focus on — and how to anticipate reactions — is crucial to avoid chasing trades. Let the market do its work. I’m still looking for buy setups (mid to long term) as long as a main key level remains intact. This is not defined by new lows alone, but by how price behaves according to my system. There’s still an area of imbalance within the current structure — that remains my main target. Keep following this trade to see how the market unfolds. Pay close attention to the levels I’ve marked — they’re not random. Each one serves a purpose
by daghandelaar110
GBP/JPY Elliott Wave Completion + AO Divergence @ Zone 4.23 | BUHey traders! 👋 Here’s an exciting setup on GBP/JPY (1H) — we might be at the early stage of a major reversal, and you’ll want this on your radar. Let's break it down with Elliott Wave theory, the Awesome Oscillator (AO), and some powerful Fibonacci confluence. 🧠 Elliott Wave Count – 5-Wave Impulse Completed We have a clean 5-wave bearish impulsive structure: 1️⃣ Wave (1): Sharp drop kicks off the trend. 2️⃣ Wave (2): Classic pullback, respecting structure. 3️⃣ Wave (3): Longest and most powerful wave down. 4️⃣ Wave (4): Corrective triangle/flat with weakening bear momentum. 5️⃣ Wave (5): Final push into a key demand zone, but lacks strength. 🛑 What makes this special? Wave (5) lands right into “Zone 4.23” — a Fibonacci extension (423.6%) of the corrective leg — acting as a magnet for price exhaustion. 📊 AO Divergence – Early Warning Signal! Check the Awesome Oscillator (AO): Price makes lower lows (Wave 3 → Wave 5) AO makes higher lows — textbook bullish divergence 🔍 This is smart money exhaustion: the bears are running out of steam, even though price is still pushing lower. When momentum diverges from price, a reversal is highly probable. 📌 ZONE 4.23 – Fibonacci Confluence + Demand Zone This zone (191.900 – 192.300) is no ordinary support. It combines: 📐 423.6% Fibonacci extension (a powerful exhaustion level) 🟦 Historical demand zone from previous impulsive rally 🤖 Price reacting instantly on touch = algorithmic buying likely ⚠️ What Comes Next – Break of Structure (BOS) = Entry Trigger We’re not rushing in blindly. Here’s the plan: Wait for BOS: Price must break above Wave (4) structure (~193.200). AO flips green: Extra confirmation of new bullish momentum. Retest of BOS or Zone 4.23: That’s our golden buy entry. Target Zone: Use Fibonacci retracement of full Wave 1–5 down. First targets: 🎯 38.2% = 193.800 🎯 61.8% = 194.900 🎯 Full correction = 196.000+ 🎯 Conclusion: This Is a Setup with EDGE ✅ Completed Elliott Wave ✅ AO Divergence = Hidden strength ✅ Fibonacci 4.23 Confluence ✅ Demand Zone bounce ✅ Clear BOS-based entry plan 🔥 Are You Ready for the Reversal? Drop a comment if you're watching this setup too 👇 Like ❤️ + Follow if you want more clean, actionable Elliott Wave + AO confluence setups like this! 📈 Let’s catch the move before the crowd reacts. #GBPJPY #ElliottWave #AO #Divergence #ForexTrading #TechnicalAnalysis #BuySetup #SmartMoney #Fib4.23 #BreakOfStructure #TrendReversal
Long
by AwesomeOscDad
Falling towards 38.2% Fibonacci support?GBP/JPY is falling towards the pivot and could bounce to the 1st, pullback resistance. Pivot: 191.56 1st Support: 190.35 1st Resistance: 193.65 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
1
GBPJPY Will Move Higher! Long! Here is our detailed technical review for GBPJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 192.740. The above observations make me that the market will inevitably achieve 197.573 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
GBP/JPY – Bearish Trend Continuation Setup After ReversalPair: GBP/JPY Market Trend: Bearish (Confirmed Reversal) Entry Type: Sell Limit Entry Price (EP): 192.725 Stop Loss (SL): 194.285 Take Profit 1 (TP1): 191.024 (1:1) Take Profit 2 (TP2): 189.262 (1:2) Lot Size: 0.09 Risk/Reward: Trade 1: Risk $100 / Reward $100 (1:1) Trade 2: Risk $100 / Reward $200 (1:2) Total Risk: $200 Total Potential Reward: $300 📉 Trade Overview: After a clear trend reversal from bullish to bearish, GBP/JPY has started forming lower highs and lower lows, signaling strength in the bearish momentum. We're entering a Sell Limit trade on a pullback to a key resistance level, aligned with the newly formed downtrend. SL is placed safely above recent swing highs TP1 targets a conservative zone for early profit TP2 allows us to ride the momentum deeper into the trend 🔍 Why This Setup? ✅ Confirmed Trend Shift – Market structure has flipped, confirming a bearish trend. ✅ Resistance-Based Entry – Selling on a pullback adds higher probability to the trade. ✅ Smart Risk Management – Trade split into 1:1 and 1:2 for both safety and profitability. ✅ Clear Technical Levels – SL and TPs aligned with prior price action and liquidity zones. 📌 Strategy Note: Staying disciplined during trend reversals is key. We’re executing on structure, not emotion. Price is more likely to respect resistance after momentum shift — and we’re positioned with calculated risk. 🔗 Hashtags: #GBPJPY #ForexTrading #BearishTrend #SellLimit #TrendReversal #PriceAction #ForexSetup #TechnicalAnalysis #RiskReward #SmartTrading #FXMarket #TradingStrategy #ForexSignals
Short
by asimafridi
GBPJPYHello traders, There’s currently a solid Sell opportunity on GBPJPY. I’ve already entered this trade, and if the price moves into drawdown, I’ll apply my Smart Pullback Entry model to scale up the position with a higher lot size. 🔍 Trade Details: ✔️ Timeframe: 15-Minute ✔️ Risk-to-Reward Ratio: 1:1.50 ✔️ Trade Direction: Sell ✔️ Entry Price: 193.199 ✔️ Take Profit: 192.908 ✔️ Stop Loss: 193.393 🔔 Disclaimer: This is not financial advice. I’m sharing a trade I’m personally taking based on my own strategy, strictly for educational purposes. 📌 Interested in a more systematic and data-driven approach to trading? 💡 Follow the page and turn on notifications to stay updated with future setups and detailed market insights.
Short
by Nurlan_PT
Gbp/Jpy intra-day Analysis 21-May-2025 Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets