GBPJPY is at a reversal point longLook at the higher timeframe. The long term bullish momentum will continue up. D1 is showing rejection to the downside trend. If price does continue down I will not be entering short only looking for a long entry.
JPYGBP trade ideas
GBPJPY - NY Session ShortCurrently in this GBPJPY short, 30p sl shorten from the 618 fib level on the previous impulse.
GBP/JPY Feb 26th Cont.....Learn about discipline and identifying poor market conditions over chasing what is clearly not there to start with.
The word Anticipation is used way to much for those looking to get into trade positions and is simply guess work and hoping for something that can clearly be identified as such prior. "the need to trade" mindset.
Time is better spent how to identify this than sitting at a chart hoping for hours that something may appear. Self progression is more important than trying to be a "trader". Those who can trade would be able to identify the limited options here many hours before. This is called experience.. Cant be bought or sold, but can be discussed and explained why as it was in the community. Identify the correct areas to work on and you will see solid progress so much faster.
Work along side the correct people, take notes and ask the right questions to be able to do so !!!
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
BULLISH POTENTIAL FOR GBPJPYHey traders! GBPJPY is currently trending downward, and I'm anticipating a bounce on the trend line for the third time. If it breaks below the structure, I'm expecting an M pattern to form, which will help me identify a potential sell opportunity.
GBPJPY STRONG BULLISH OPPORTUNITY 1. Range-Bound Market Assumption
The analysis assumes that price is bouncing between a horizontal range (support and resistance).
However, ranges don’t last forever—a breakout or breakdown is inevitable.
Instead of expecting a structured bounce, a fake breakout or a liquidity grab could occur.
2. Support Zone Over-Reliance
The expectation of multiple support bounces is risky because:
The more times price tests support, the weaker it becomes.
A stop hunt scenario could push price below support before reversing.
If buyers don’t step in with strong momentum, a breakdown might be more likely than the predicted bullish move.
3. Resistance Breakout Bias
The projection shows a clean breakout above resistance after consolidation.
However, GBP/JPY is highly volatile, meaning:
A fakeout above resistance could trap buyers before reversing.
A rejection at resistance might cause a sharp drop instead of a rally.
4. Missing Volume & Trend Confirmation
No volume analysis is provided—breakouts need high volume for confirmation.
No higher time frame confirmation (1H, 4H) is shown, making it unclear whether the trend is truly bullish or just ranging.
Alternative View
Instead of assuming a smooth upward breakout, consider:
Bearish Scenario: A false breakout above resistance followed by a strong reversal.
Liquidity Grab: A dip below support before an actual reversal.
Wait for confirmation: If price closes above resistance with volume, a buying opportunity is stronger
short GBPJPYPrice has been consolidating for a while and i belive its on course to take out the liquidity up at about 190.198 before melting down to about 187.787 or even more. lets see how it goes
GBP/JPY Feb 26th 2025 Range !What will happen in range for the next 2 hrs until 10am uk ?
Do you chase things that dont exist like the majority ?
Use all the timeframes to identify what is actually happening over guess work and hopes and dreams.
More in depth understanding posted in the community.
uptrendThe trend is expected to change in the current support area and we will see the start of the upward trend.
Otherwise, if the support area is broken, the continuation of the downward trend will be likely.
GBPJPY SELL ENTRY LOADING...........GBPJPY have been forming a bearish rectangular and price just sweep liquidity from the sell side heading to the buyside am expecting a rejections from the EQH then sell from there holding till new lows is created
JOIN AND ENJOY......
INVALID DEMAND ZONE 188.80After failing to break the 190.77 resistance, the pair remained under the resistance level below 189.43. after severals daily attempts to break through the last market lower high, the pair move now towards 184.89 demand zone. We are expecting more bearish movment today.
GBP/JPY - 1H SMC Analysis📊 GBP/JPY - 1H SMC Analysis
🔹 Market Structure & Key Zones:
✅ A+ Level: 189.954 - 190.369 (Potential liquidity grab area)
✅ Key Resistance Zone: 190.233 - 190.369
✅ Major Target: 187.510 (Potential 250+ pip move)
🔹 Potential Trade Scenarios:
📉 Bearish Setup:
• Price is in a premium zone (190.233 - 190.369), making it a high-probability short area.
• If price reacts at the A+ Level, we could see a drop towards 187.510.
• Risk-free trade achieved above the resistance.
📈 Bullish Case (Low Probability):
• If price breaks and holds above 190.369, it may continue towards 190.63 - 190.85.
📌 Trade Plan:
🔹 Entry Idea: Sell from 189.954 - 190.369 zone.
🔹 Stop Loss: Above 190.85 (Safe zone).
🔹 Take Profit: 187.510 (250+ pips move).
💡 Conclusion:
• Watching for rejection at A+ Level for a short entry.
• If price fails to hold below 190.369, reevaluate the bias.
#GBPJPY #SmartMoney #ForexTrading #LiquidityGrab #OrderBlock #RiskManagement #FXFOREVER
Probability Analysis:Probability Analysis:
Given the market structure and liquidity considerations, we can assign percentage probabilities to different scenarios:
Bullish Scenario (Price moves up to PDH - 189.700 or Premium Zone - 191.000)
Probability: 55%
Reason:
The market recently showed a ChOCH to the upside.
If price maintains above the equilibrium zone, it may target PDH or even higher into the premium zone.
Liquidity above equal highs (EQH) might act as a magnet.
Bearish Scenario (Price moves down to PDL - 188.200 or Demand Zone)
Probability: 45%
Reason:
There’s a weak low that could be grabbed before a reversal.
Market has seen BOS downward, showing some bearish intent.
If price rejects the current resistance and moves below equilibrium, the next stop is the discount zone (188.200-187.900).Slightly higher probability of a bullish move (55%), as price is currently attempting to establish higher lows and break towards PDH.
Key Confirmation Needed:
If price remains above 188.900, bullish continuation is more likely.
If price breaks below 188.500, bearish pressure may take over.
gbpjpy|foxforexgbpjpy is declining in its falling channel due to the reaction it received from the rising trend it had previously broken. A short trade can bring profit by using the top of this trend as a stop.
trendline analysis it has been bouncing on the trendline .expecting it to touch the top trendline
manage risk
GJ HEADING TOWARDS DAILY LIQUIDITY LOW?I am interested in 187 level. Since this is the last week of february I think price would take liquidity as it prepares for next month rallies.
T/R zonesThis idea is based on transient/recurrent zones
Very high probability (90%+) for the price to hit TP.
Probability was calculated on TF 15min.
GBPJPYGBPJPY ( British Pound / Japanese Yen )
Exp FIAT as an Corrective Pattern in Short Time Frame
Break of Structure
RSI - Divergence
Completed " 12345 " Impulsive Waves
Support Level
DeGRAM | GBPJPY retest of dynamic supportGBPJPY is in a descending channel between the trend lines.
The price is moving from the upper boundary of the channel, but it has already reached the dynamic support, which previously acted as a rebound point.
On the 1W Timeframe, the chart is in the accumulation zone, which is characterized by the fact that volumes have increased and the pair is held in a certain trading zone.
Before reaching the lower trend line, a harmonic pattern was formed, the potential of movement of which held under the 50% retracement level.
We expect price growth after fixing above the mentioned retracement level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum. @fxopen
Bearish reversal off 50% Fibonacci resistance?GBP/JPY is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support.
Pivot: 190.68
1st Support: 187.74
1st Resistance: 193.06
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