GBPJPY - Retest of the top, sell opportunity?The GBP/JPY chart shows an intriguing setup as price has recently rebounded from its early April lows near 184.00 to approach the 191.50 level, which now represents a significant local high. If we see another break of this level followed by rejection, the pair could be forming a classic double top pattern at the highlighted resistance zone between 191.50-192.00. This technical formation would be particularly noteworthy given that this resistance area previously served as support in late March before the sharp April selloff. The red zigzag line on the chart suggests a potential path where price might make one more push up before reversing lower. Traders should watch for bearish price action confirmation at this resistance zone—such as rejection candles, bearish engulfing patterns, or momentum divergence—which would strengthen the case for a short position with a reasonable stop above the double top formation and targets potentially toward the lower support zone around 187.00.
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JPYGBP trade ideas
GBPJPYCurrent Structure (GBP/JPY 30min):
4H Supply Zone at 191.600–191.760 → Price already rejected from there.
Minor 1H Demand Zone at current price (~191.167) → price is consolidating around it.
4H Demand Zone at 190.132–190.054 → your lower target zone.
EMA Setup: 9 EMA and 50 EMA are starting to "squeeze," signaling a possible break soon.
Entry:
Watch for a clean break and retest below 191.150 (and minor demand zone break).
Stop Loss (SL):
Above the minor structure highs, around 191.400.
Take Profit (TP):
First TP at 190.400 (partial close).
Final TP at 190.132–190.054 (your 4H demand zone and daily support).
GBP-JPY Potential Short! Sell!
Hello,Traders!
GBP-JPY keeps growing
From the lows just as we
Expected but the pair will
Soon hit a horizontal resistance
Of 192.500 and from there
A local bearish pullback
It likely to follow
Sell!
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GBPJPY Completed a Bullish Triangle PatternGBPJPY Completed a Bullish Triangle Pattern
A breakout from this triangle pattern signals strong bullish movement.
The expected price movement suggests two key targets—190.55 ; 191.30 and 193.20
Given the current price at 189.65, the upward projection implies bullish sentiment and increasing buying pressure.
The only enemy of this clear bullish setup is BOJ.
Seen only from a technical point of view, GBPJPY has a great setup.
You may find more details in the chart!
Thank you and Good Luck!
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GBP_JPY BEARISH BIAS|SHORT|
✅GBP_JPY has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of
Price decline is to be expected
SHORT🔥
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GBPJPY Trading Strategy | Follow Liquidity Breakouts and Seize EOver the past two months, GBPJPY has consistently broken through two key liquidity zones before continuing along its main direction.
For example, after the upward channel breaks the liquidity at points 1 and 2, the price retraces and then continues in the main direction. When the price breaks through liquidity at points 3 and 4, the market goes into another liquidity accumulation phase.
🔑 Based on this logic:
This time, the price is rising to the SELLER IMB zone, which is a liquidity accumulation area. When the price breaks and then retraces again, that's our entry point.
We can go short at this level and wait for the price to retrace further towards the low liquidity point 8.
🎯 Precise Entry:
To optimize the risk-to-reward ratio, we will use a smaller time frame for entry, allowing us to capture the pullback more precisely.
💡 The market is like a butterfly—light and difficult to catch. But as long as you have a clear plan and base your trades on sound logic, every trade will progress steadily. No matter how the market moves, you will be able to seize every opportunity.
If you want to learn how to apply logic and strategy in the market to improve your consistency, feel free to join the APL Learning Community, and let's take the path to successful trading together! 🚀
April 25, 2025 – GBPJPY Short📉 Bias: Bearish | Risk: 0.5% | 🎯 Target: 1:3
🧠 Reasoning:
Reaction from Daily Imbalance + Daily EMA 📊. Buyers showing weakness, sellers taking control ⚔️.
After completing the extended wick, price left a clean imbalance – that’s where Im planning to enter 🎯.
⚠️ Note:
We could spike higher into the Weekly EMA, but setup still looks solid. SL: 20 pips 🛡️
GBPJPY H4 | Bullish Rise Based on the H4 chart analysis, the price is falling toward our buy entry level at 191.67, a pullback support that aligns close to the 61.8% Fibonacci retracement.
Our take profit is set at 193.31, a recent swing high resistance
The stop loss is placed at 190.52, below a swing low support
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GBPJPY: Short Trade Explained
GBPJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPJPY
Entry Point - 192.93
Stop Loss - 193.56
Take Profit - 191.61
Our Risk - 1%
Start protection of your profits from lower levels
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GBPJPY Long Setup – Trendline Break, EMA & Dynamic SupportIdea Summary:
Looking for a potential bullish continuation on GBPJPY following a bounce from dynamic support and a trendline breakout confirmation.
Technical Analysis:
The pair is trading above EMA50 and EMA14 on the 1H/4H charts, showing bullish momentum.
RR Ratio: 1R
#GBPJPY #ForexTrading #TrendlineBreak #EMASetup #SwingTrade
GBP/JPY Daily AnalysisPrice is moving within a descending channel.
With the bottom of the channel last rejected in April, we are now seeing buyers in control.
We may see price test the top of structure soon.
This is an idea of what may happen.
Always trade with a profitable strategy and good risk to reward.
gbpjpy short for a living welcome
here is my gbpjpy short idea
last asia session market wasnt able to stay in sellers control.
now after london open played out and ny is about to start market seems to come again in sellers controll.
im thankful to be part of this and see how this idea plays out.
enjoy.