GBPJPY Elliott Wave Outlook: Impulse Pattern Approaching EndThe short-term Elliott Wave analysis for GBPJPY indicates that the cycle initiated from the April 9, 2025 low has reached a mature stage. The upward movement is unfolding as a five-wave impulse structure, a hallmark of Elliott Wave theory, signaling a strong bullish trend. Wave 1 concluded at 189.82, followed by a corrective pullback in Wave 2, which found support at 185.98. The subsequent rally in Wave 3, as depicted on the 1-hour chart, peaked at 196.84. Wave 4 then unfolded as a zigzag corrective structure. Its internal subdivisions completing as follows: Wave ((a)) declined to 194.75, and wave ((b)) rebounded to 195.33. Wave ((c)) finalized at 196, marking the completion of Wave 4 in the higher degree.
Currently, GBPJPY has resumed its ascent in Wave 5. From the Wave 4 low, the rally has so far developed in three waves. Wave (i) reached 196.7, followed by a dip in Wave (ii) to 196.09. Wave (iii) extended higher to 198.19. A corrective pullback in Wave (iv) is anticipated to find support within the 196.2–196.8 range, likely in a three-wave structure. Afterwards, one final push higher in Wave (v) should happen to complete Wave ((i)) of 5 in the higher degree. Following this, a larger-degree correction in Wave ((ii)) is expected to retrace the cycle from the June 19, 2025 low. Pullback is likely unfolding in a 3, 7, or 11-swing pattern before the pair resumes its upward trajectory.
JPYGBP trade ideas
GBPJPY Will Go Lower! Short!
Here is our detailed technical review for GBPJPY.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 196.531.
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 195.203 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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 4hr chart Analaysis I expect GBP/JPY to turn bullish, with a potential pullback from the 191.67–191.00 zone. It’s also possible that the price slightly dips lower, reaching around 190.50, before starting a bullish trend. From there, the price may rise towards the reversal zone at 195.38–196.00.
If it breaks above this zone, the next target could be around 198.04. That level is where I expect a potential bearish reversal to occur.
This is my personal analysis based on my current understanding of the market — it's not guaranteed to be 100% accurate, but I would estimate there's around an 80% probability of it playing out this way
GBPJPY SHORT FORECAST Q2 W26 D26 Y25GJ SHORT FORECAST Q2 W26 D26 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today! 👀
💡Here are some trade confluences📝
✅Weekly Order Block Identified
✅Daily Order block identified
✅4H Order Block identified
✅15' Order block identified
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
GBPJPY making bullish flag patternafter breaking daily resistance level the price is now retesting it if you open the chart on 1Hr tf you will see that price broke that resistance level with quite strong momentum and is retracing and if it gets a bounce from this level and break the flag pattern strongly then there are high chances that price will meet the price projection of flag pattern as there is no divergence and no other major sign of reversal it seems price action will be bullish
GBPJPY Hello traders. A new buy opportunity has emerged on the GBPJPY pair. As you may have noticed, the pair has been rallying non-stop for the past few days, and even on the M15 and M30 charts, it hasn’t offered many pullback opportunities for entries. But it seems that opportunity is finally here. I’ve activated the trade and wanted to share it with you as well.
🔍 Trade Details
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:2.78
✔️ Trade Direction: Buy
✔️ Entry Price: 195.732
✔️ Take Profit: 196.145
✔️ Stop Loss: 195.588
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
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GBPJPY Bullish target 199.7-200 Pennant flag BreakoutThe GBP/JPY 4H chart shows a bullish breakout from an ascending triangle pattern. After breaking above the resistance near 197.5, the price retested the zone and held firmly. This successful retest confirms buyer strength and continuation of the uptrend. The next potential target is around 199.793.
GJ-Mon-23/06/25 TDA-Asian session push, waiting for pullbackAnalysis done directly on the chart
Follow for more, possible live trades update!
Asian session push, if this is not your trading time.
There's nothing you can do to catch good moves,
The best thing we can do now is to wait for healthy
pullback before continuation!
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GJ-Wed-25/06/25 TDA-Bullish structure created, more upsidesAnalysis done directly on the chart
Follow for more, possible live trades update!
I often share my live trades in Tradingview public chat in London session, stay tuned!
Knowing when not to trade is as important as taking good trades.
Just like you can take good trades, good wins. Understanding when not
to trade, it can saves you from bad trades and avoidable losses.
Easy to say than done.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPJPY hinting of a weighty 3k pip rise from 195.0. /\GBPJPY has always been resilient for the past 5 years as far its upward trajectory goes -- registering only 3 technical corrective phase since March of 2020 -- then proceeding for further price growth every after corrective seasons.
After touching its parabolic high of 208, pair hibernated healthily back to demand zone to 0.5 fib levels.
Now, the pair is on its 3rd corrective phase since 2020 which has started last July 2024.
Based on our diagram above, this month June 2025 it finally registered its first bear clearance in more than 2 years - conveying of a massive shift in trend. last time this signal surfaced was on April 2023, which has produced a 3000 pips rise thereafter.
Expect some significant ascend series from hereon pricewise after this major shift.
The north journey has started during its low retest of 0.5 FIB levels at 180.0 price zone -- now, already up 1600 pips from that price tap.
This 0.5 fib retest has been historically been a strong support for GBPJPY. This is where most buyers converge based on long term metrics.
More price growth is expected in the next few weeks with weighty targets up there (about 3k pips). Its not overnight but you know the directional context.
Spotted at 195.0
Mid Target previous peak at 208.0
Long term target: 225.
Indicates where institutional sellers may enter the market.smart money concept (SMC) trading setup. Here's a breakdown of what's depicted:
🔍 Chart Overview
Timeframe: 1 Hour (1H)
Instrument: GBP/JPY
Analysis Date: June 25, 2025
Price at Time of Screenshot: ~197.198
📌 Key Zones and Levels
Supply Zone (Top red box near 198.163):
Indicates where institutional sellers may enter the market.
Labeled with BSL (Buy-side Liquidity) above, suggesting liquidity resting above the highs.
Demand Zone (Bottom red box near 196.454):
Represents an area where institutional buying interest is expected.
SSL (Sell-side Liquidity) is marked just below, pointing to liquidity under previous lows.
Accumulation Zone (Middle of chart):
Consolidation area suggesting potential accumulation by smart money before a possible move down.
🏷 Annotated Elements
HH (Higher High) and BOS (Break of Structure):
"HH" indicates recent local high points.
"BOS" suggests a market structure break to the downside—typically a bearish signal in SMC.
SSL & BSL (Liquidity Zones):
SSL (Sell-side Liquidity): Stops of long positions below swing lows.
BSL (Buy-side Liquidity): Stops of short positions above swing highs.
Price Projection:
Arrows show a bearish projection, expecting price to drop from the current area (~197.2) towards the SSL near 196.454, possibly hitting the demand zone.
📉 Interpretation
Bearish Bias:
After the BOS and accumulation phase, the chart anticipates a breakdown, targeting liquidity below.
Entry/Exit Zones:
Potential short entry in the red supply/accumulation area.
Targeting the green demand zone near 196.500 for a take-profit.
GBP/JPY in Trouble? Smart Money Rotates Into Yen📊 1. COT Analysis
JPY (Japanese Yen):
Non-Commercial Net Long: +54,615 – showing strong long accumulation since March.
Recent Changes:
Long: -5,319
Short: +1,235
➡️ Mixed signals short-term, but overall net long positioning remains strong. Speculative funds are still heavily favoring the Yen, suggesting potential continued strength.
GBP (British Pound):
Non-Commercial Net Long: +51,634 (111,076 long – 59,442 short)
Recent Changes:
Long: +7,404
Short: -9,015
➡️ Specs are still net long on GBP, but exposure has slightly decreased. The divergence with the Yen is narrowing.
🔎 COT Summary:
Both currencies are being bought by speculators, but the JPY has shown more consistent long-term positioning. Net momentum appears to shift in favor of Yen strength, pointing to potential downside for GBP/JPY.
📅 2. Seasonality – June
Historically, June is a weak month for GBP/JPY, especially over 20y, 15y, 5y, and 2y windows.
Monthly average return is negative across all major historical timeframes (e.g. -1.2415 over 10 years).
➡️ Seasonality reinforces a bearish bias for June.
🧠 3. Retail Sentiment
Short: 52%
Long: 48%
➡️ Retail positioning is balanced, slightly skewed short. Not a strong contrarian signal, but also doesn’t support a bullish breakout scenario.
📉 4. Technical Analysis
Current Structure: Ascending channel from mid-May → currently testing lower boundary.
Key Zone: 195.600–196.520 is a major supply zone with multiple rejections.
Recent Candle Action: Bearish pin bar + engulfing candle → strong rejection from resistance.
Downside Targets:
First: 193.076
Second: 191.439
Break of the channel would further confirm a trend reversal.
➡️ Price action supports a short scenario with high reward-to-risk toward lower zones.
GBP/JPY 4-Hour Chart (OANDA) - June 26, 20254-hour performance of the British Pound (GBP) against the Japanese Yen (JPY) from OANDA, as of June 26, 2025, 11:14 AM PKT. The current exchange rate is 197.978, reflecting a decrease of 0.509 (-0.26%). The chart highlights a recent downward trend after reaching a peak near 199.548, with key support and resistance levels marked between 196.502 and 199.548.
GBPJPY Bullish Momentum AnalysisGBPJPY Bullish Momentum Analysis
The GBPJPY pair is currently under bullish pressure, having broken through key resistance levels suggesting the potential for further upside continuation. This movement is supported by a weakening Japanese yen, driven in part by the continued strength of the US dollar and rising global yields.
Resistance Levels 200.00
Support Levels 196.000
Technically Key resistance and small correction the bullish structure has not broken the price returns break and get there resistance.
You May find more detils in the chart Ps Support with like and comments for more analysis.
GBPJPY SHORT FORECAST Q2 W26 D27 Y25GBPJPY SHORT FORECAST Q2 W26 D27 Y25
Professional Risk Managers
Welcome back to another FRGNT chart update
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today
Here are some trade confluences
Weekly Order Block Identified
Daily Order block identified
4H Order Block identified
15' Order block identified
Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
The rest, we leave to the balance of probabilities.
Fail to plan. Plan to fail.
It has always been that simple.
Good luck with your trading journey, I shall see you at the very top.
Trade consistent, FRGNT X