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JAPANESE YEN / BRITISH POUND

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JPYGBP trade ideas

GBPJPY Double Play – Short from Channel Top into Key Buy ZoneCurrently in a short position from the top of the ascending channel (197.600s area), where price tapped into confluence: • Rising wedge upper trendline • Key Fibonacci zone (between -27% and 61.8%) • Extended bullish move with clear signs of exhaustion Trade Plan – Phase 1 (Sell): I’m targeting the red box zone as marked on the chart, which aligns with prior structure support around 194.80–194.60, and also sits in a strong Fibonacci pocket (around the 61.8% retracement of the most recent impulse leg). • Entry (Sell): ~197.600 • TP (Sell): 194.800 • SL: Above 197.750 (wick high) ⸻ Trade Plan – Phase 2 (Buy): Once price taps into the red box, I’ll flip bias to long for a bullish continuation trade. This zone has acted as demand multiple times and aligns with: • Lower trendline support • Fib confluence zone • Institutional-style stop hunt structure Looking for a clean bullish signal (engulfing, pin bar, or strong volume reaction) before entering the buy. Expecting price to return to 196.3–197+ on the rebound. • Buy Limit Zone: 194.800–194.600 • SL: Below 194.200 • TP: 196.300–197.000+
by Cedrick
GBPJPY: End of Consolidation Phase, Eyes on 200.000?Hey Realistic Traders! Could this be the beginning of a major bullish wave ? Let’s Break It Down.. On the daily timeframe, GBPJPY has formed a Symmetrical Triangle Pattern, followed by a bullish breakout, a classic technical signal that typically marks the end of a consolidation phase and the start of a new bullish trend. This move is further confirmed by the appearance of a strong bullish candlestick, reflecting a surge in buying momentum. Supporting this bullish scenario, the MACD indicator has also formed a bullish crossover, where the MACD line crosses above the signal line. This crossover is widely regarded as a momentum shift from bearish to bullish, strengthening the case for continued upward movement. Given these technical signals, the price is likely to advance toward the first target at 200.411, with a potential extension to 204.808. This bullish outlook remains valid as long as the price holds above the key stop-loss level at 192.730. Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on OANDA:GBPJPY ".
Long
by financialfreedomgoals101
2
GBPJPYUnited Kingdom (GBP) 10-Year Gilt Yield: 4.50%–4.51% (June 19–20, 2025) Bank of England Interest Rate: As of June 19, 2025, the Bank of England (BoE) has held the official Bank Rate steady at 4.25%. This decision was made by a 6-3 majority vote of the Monetary Policy Committee (MPC) during its June meeting. Key Points: Current Interest Rate: 4.25% (held steady) Inflation: UK annual inflation stood at 3.4% in May 2025, above the BoE’s 2% target but slightly easing from previous months. Inflation Outlook: The BoE expects inflation to rise to about 3.7% in Q3 2025 before gradually declining next year. Economic Growth: UK GDP growth remains weak, with some signs of a softening labor market and moderating wage growth. Monetary Policy Stance: The BoE maintains a cautious, data-dependent approach, keeping rates restrictive to combat inflation but ready to adjust as economic conditions evolve. Rate Cuts: Although the BoE held rates in June, markets and analysts widely expect the first rate cut to come in August 2025, with further cuts possible later in the year depending on inflation and growth data. Geopolitical Risks: Rising tensions in the Middle East and uncertainties over global tariffs could add inflationary pressures, influencing future BoE decisions. MPC adopted 4.25% (held steady at the June 2025 meeting) Japan (JPY) 10-Year Japanese Government Bond Yield: 1.44%–1.45% (June 19–20, 2025) Bank of Japan Interest Rate: 0.50% (unchanged as of May/June 2025) Summary Table Country 10Y Bond Yield Policy Interest Rate United Kingdom 4.50%–4.51% 4.25% Japan 1.44%–1.45% 0.50% Interpretation for GBPJPY The yield and interest rate differentials remain strongly in favor of the British pound. This supports GBPJPY on a fundamental basis, as higher UK yields and rates attract capital relative to Japan’s much lower rates. The Bank of England is holding rates steady due to persistent inflation, while the Bank of Japan is also on hold but at a much lower level, reflecting Japan’s ongoing low inflation and growth outlook. #GBPJPY
Long
by Shavyfxhub
Liquidity, Herd Behavior, and the Importance of Market BalanceLiquidity can be one of the most frustrating aspects of trading. It often feels as though price is magnetically drawn to your stop loss the moment you place it. While this may seem intentional, it actually stems from a powerful psychological and structural force in the market: herd behavior . No matter how unique your trading system may feel, chances are you're not the only one using it—or at least not the only one identifying the same key levels. Traders around the world are often taught similar risk management techniques, such as placing stop losses just beyond recent highs or lows. As a result, we unintentionally create liquidity pools —concentrated zones of clustered orders. This is the direct result of herd behavior : large groups of traders making similar decisions at the same levels. As covered in our earlier publication, Redefining Trading Psychology , when stop losses or take-profit levels are hit, traders are forcibly exited from the market. If many traders are exiting simultaneously from the same level, it injects a burst of liquidity into the market. Market participants with large orders—like institutions or professional traders—rely on this liquidity to enter or exit positions without causing major slippage. Once these liquidity pockets are consumed, the market often stalls and enters consolidation . These consolidation zones are more than just sideways price action; they are areas of equilibrium , where buying and selling pressure are balanced. No side dominates, and price fluctuates within a tight range. But equilibrium is temporary. As momentum builds—either bullish or bearish—an imbalance emerges. This is typically driven by an excess of buyers or sellers overpowering the market. But momentum doesn’t last forever. Eventually, it fades, and the price reverts to a more balanced level—often retracing to a previous consolidation zone. These zones act as gravitational points that attract price back to them, offering traders a reliable reference for potential reversals or continuations. Many traders get stopped out prematurely because they enter during imbalanced phases of the market—often as a result of following the herd. This creates unstable setups that are more likely to fail. The key to improving trade accuracy is to avoid reactive, herd-driven entries and instead focus on entering when the market has returned to a state of balance . Entering at the right moment—when the market is in balance—gives your trades a greater potential to move into profit quickly. This not only improves the quality of your entries but also increases the likelihood of success over time. To support this approach, I’ve developed tools that help identify market balance and momentum shifts in real-time. Visit my TradingView profile, The_Forex_Steward , to access these indicators and gain deeper insights into timing entries with greater precision—away from the noise of the herd.
by The_Forex_Steward
GBPJPY breakout confirmed: what comes next?GBPJPY just triggered an ascending triangle pattern with a 450-pip upside. We dive into the pattern, key levels to watch, and how to manage risk with a 4.8 risk-reward setup. Will it retest before heading higher? Let us know your view in the comments. This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Long
by ThinkMarkets
*GBPJPY Weekly Breakdown - Structure + PrecisionThis week, GJ moved exactly how it was supposed to—clean structure, proper mitigation, and follow-through. Price respected the bullish flow all week, tapping into a refined 30M order block (green zone) before lifting off. That zone did its job—mitigated, held, and set the tone for the next leg up. No need to force anything here—just fundamentals and execution. We’re still holding higher lows, and unless structure says otherwise, I’m expecting continuation next week with a clean break of those highs. Simple reads. Clean execution. This is how we do it. 😉 Bless Trading!
Long
by Juicemannn
GBP/JPY Technical Analysis – Targeting 198.80 on Trendline BreakGBP/JPY is currently trading around 194.75, with bullish momentum building after a clean trendline breakout and seems to be testing its support around 194.5 area with a clear market structure. The pair shows signs of institutional accumulation and a potential continuation toward the 198.80 target. A downward sloping trendline, which capped price since late October 2024, has been decisively broken, indicating a change in sentiment. Price formed a higher low around 193.62, which now serves as a protected low (your stop loss), supporting the idea of a bullish BOS (Break of Structure). With momentum aligning and clean imbalance zones above, GBP/JPY could extend toward 198.80 and even further, which aligns with previous supply and fair value gap zones. As long as price holds above 193.62, the bullish structure remains intact, with further upside likely as liquidity targets above 196.50 and 198.80 come into play.
Long
by kmg9205
GBPJPY Bullish Move Monthly Chart Price respected the Major QP (190.00) Price also formed a Triple Bottom The previous monthly candle ended as a bullish engulfing Short MAs are above Longer MAs and price is above both Sentiment - Look for buys Weekly Chart Price found support at he weekly zone and made a bullish push Price then sold off (retracement) and respected the 38.2 Fib Level and Minor AQ (192.5) before continuing the bullish trend The price of the previous candle met resistance at the trend line & sold off but ultimately closed respecting the Minor QP (195.000). This weeks candle found bullish support and closed bullish engulfing Sentiment - Look for buys Daily Chart Price retraced and found support at the 50.0 Fib Level - confirming bullish trend continuation Expecting price to continue bullish and test the 0.27 Fib, which also aligns with the Daily Supply Zone & Minor AQ (197.500). Will look to enter long on lower time frame - 1H/2H 1 Hour Chart Based on the RSI - a bearish divergence is present signaling some bearish pressure This algins with the daily TF, as I am looking to enter long after a minor retracement on this timeframe. Expecting to enter a long position near the 50.0-61.8 Fib area.
Long
by NoCeilingsTrading
2
GBPJPY. |||. HITTING selling zone soonthe zone followed by a sharp rejection. --- 🧠 Smart Money Insight: Possible SMC-style reaction anticipated: Liquidity inducement above highs Sharp rejection from seller zone BOS (Break of Structure) for confirmation Right-side inset illustration highlights expected distribution before drop. --- 🔎 --- 🧩 Trading Plan: Wait for price action confirmation in the supply zone. Look for M15/H1 shift in structure and strong bearish engulfing patterns. Risk management is key: Place stop-loss above zone highs.
Short
by Greenfireforex
1
GBP/JPY - Breakout Brewing📊 GBP/JPY – Breakout Imminent? Price is testing key resistance at the top of the range within this ascending channel. We’re now at a critical decision point: 📈 A clean breakout above this supply zone could send us flying toward the 198.945 target – aligning with the channel top. 📉 A rejection, however, could trigger a drop back into demand at 192.352, offering a solid buy zone for continuation. 🧠 Patience is key here — wait for confirmation. Either way, volatility is expected next. Be ready. 🚨
by jamesibartram
1
GBPJPY LONG & SHORT FORECAST Q2 W25 D20 Y25GBPJPY LONG & SHORT FORECAST Q2 W25 D20 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📝 ✅Daily order block ✅15' order block ✅Intraday breaks of structure ✅4H Order block 🔑 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
by JCFRGNT