GBPJPY Rejection from Resistance – Bearish Continuation SetupPrice has rejected a key resistance zone around 194.30–194.50 after failing to break above. I’m looking for a short setup here, expecting price to respect this supply zone and move lower.
The 4H structure shows repeated rejection wicks and a break of minor trendline support. Entry is based on clean bearish structure with confluence from horizontal resistance and dynamic EMAs curling over.
Trade Setup:
• Bias: Short
• Entry: 194.25–194.35 (confirmed rejection)
• Stop: Above 194.70
• Target: 193.00 / 191.60
• R:R: Around 2–3R
This trade aligns with overall corrective market structure and potential yen strength. Will monitor price action during London/NY sessions for confirmation.
JPYGBP trade ideas
Bullish bounce?GBP/JPY is falling towards the pivot, which had been identified as a pullback support and could bounce to the 61.8% Fibonacci resistance.
Pivot: 193.10
1st Support: 192.25
1st Resistance: 194.38
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GBPJPY OUTLOOKWe saw price took a shift which validated a bull structure while gathering up liquidity. Now price is currently moving sideways which shows buyers are lagging. I see sellers coming in here once support gets broken. I will be hoping in for a sell after the breakout at the nearest order block.
GBPJPY LONG FORECAST Q2 W23 D3 Y25GBPJPY LONG FORECAST Q2 W23 D3 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 50 EMA rejection
🔑 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
GJ-Tue-3/06/25 TDA-From htf outlook, GJ quite messy zoneAnalysis done directly on the chart
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More structure, more clarity, better trend identification.
On htf outlook, GJ is sitting in a complicated area.
Not a bad idea to risk low and preserve your capital with
this market condition and market positioning until more
clarity is shown.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/JPY Dips in Tokyo & London—What’s Next for Price Action?FenzoFx—GBP/JPY dipped from 194.6 during the Tokyo and London sessions, now trading around 193.1. Price is testing support near the May 27 low, ahead of the New York session.
A bounce from 193.0 could push GBP/JPY toward 193.5, with a bullish wave possible if price closes above that level, targeting 194.6. However, stabilizing below 193.0 would invalidate this outlook, with the next bearish target at 192.5.
Yen Strength Persists: GBP/JPY Faces Downward PressureGBPJPY is dropping in worth vs the Japanese Yen since the Federal Reserve in the US is expected to lower interest rates while the Bank of Japan might increase them. This increases the appeal of the yen for investors. One pound will get you 193.54 Yen today, having dropped as low as 193.44 earlier today. Experts expect this negative trend to persist as long as the price remains below 194.60.
With the Fed keeping higher rates (4.25%-4.5%) and hinting at a conservative approach to rate cuts given ongoing inflation, the Federal Reserve and the Bank of Japan are on opposite monetary policy directions. The BOJ has kept its policy rate much lower (0.5%), but hinted at possible tightening. Particularly in the USD/JPY pair, this separation has affected currency volatility, with possible yen appreciation should the BOJ turn hawkish or the Fed become more dovish. Key drivers for investor strategies are market expectations and economic data releases in both countries, however some experts argue that the impact of this difference may be less strong than in past cycles because of more general global economic conditions.
The GBP/JPY pair is trading below 55 and 200 EMA (Short-term) and above 365 EMA (long-term on the 1-hour chart, confirming a mixed trend. Any violation below 193.40 indicates the intraday trend is weak. A dip to 192.85/192/191.70/191 /190 is possible. Immediate resistance is at 194.30, a breach above this level targets of 194.60/195/196.50/.
Market Indicators (1- hour)
CCI (50)- Bearish
Directional movement index - Bearish
Trading Strategy: Sell on rallies
It Is good to sell on rallies around 194 with SL around 195 for a TP of 192.
GBPJPY Is Very Bullish! Long!
Please, check our technical outlook for GBPJPY.
Time Frame: 7h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 192.683.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 194.257 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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!
GJ-Mon-2/06/25 TDA-GJ in ranging zone!Analysis done directly on the chart
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My idea is the higher time frame you trade,
the more fundamental analysis you need to be
good at to actually be consistently profitable
trader. And viceversa if you trade lower timeframe
it's more technical analysis but always keeping
in mind the higher timeframe picture, doing the
top down analysis and having the basic necessary
knowledge on fundamental analysis.
Tips for basic fundamental knowledge:
1) Use economic calendar ( I recommend
FXstreet calendar for macroeconomic events
and Financial Juicy for flash news, real live updates)
2) Stay up to date with global news, war, tariffs etc.
As these are key factors that will influence price
currencies.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPJPY is in the Down TrendHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY Setup – Structure Break & RetestTimeframe: 1H
Strategy: SMC | Trendline Break | Supply & Demand | EMA Rejection
Idea:
Price broke the ascending trendline and retested the structure zone (former demand now acting as supply). Currently consolidating just below that zone — setting up for a potential continuation to the downside.
Confluences:
• Trendline break ✔️
• Retest of lower high structure ✔️
• RSI still under 50, momentum bearish ✔️
• Price sitting on liquidity zone ✔️
• 50 & 200 EMA rejection ✔️
Bearish Bias Until Proven Otherwise
GJ-Fri-30/05/25 TDA-Massive dump on GJ, now what?Analysis done directly on the chart
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Time to reset, recharge!
Just like you train your body, it needs
recovery time.
Also your brain needs recovery time.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y