GBPJPY buy set upHere's a look at a potential long entry on the GBP/JPY 30-minute chart. Price should react to some unmitigated price levels at 189.145 - 188.918. Let's see how it plays out.
#TradingSetup #PriceAction #GBPJPYtrading
JPYGBP trade ideas
GBP/JPY For Bearish as pull-Backyou can go short now
or
wait for pull-back near by entry point and go short
general trend is up trend
current phase is pull-back
have fun :)
GBPJPY 24.04.2025+Seasonality (until the end of April)
+COT
~- Latest bad UK PMIs (although JP CPI Miss as well)
GJ-Thu-24/04/25 TDA-Potential GJ buy!Analysis done directly on the chart
If you want to scalp, at least for me just
stick to one or max two pairs. You get familiar
with the pair, understanding its moves and
focusing on qualitative trades than quantitative.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPJPY LONGPound Yen seems to have broken out of the range it has been caught in for the last couple of days. The uptrend could resume, though markily because GBPUSD seems like it could fall, but my strategy is showing a LONG to 195.
Daily Price Action: GBPJPY Wednesday 4/23/2025In this video, we will be looking into the potential price action of GBPJPY.
GBPJPY BUYWe can see price breaking and closing above our bullish triangle. We expect price to push further to the up side
Two different methods Looking at the chart it broke through first one retraced backed from it’s resistance point made retested made another triangle Broke again moved upward retested resistance the lows are also getting higher too much retesting the resistance may be it got weeker we can look for a buy
Trading balanceTrading balance The price of the asset has rebounded from the balance zone. With the prospect of growth into the resistance zone.
GBPJPY Will Fall! Short!
Please, check our technical outlook for GBPJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 189.024.
Considering the today's price action, probabilities will be high to see a movement to 187.906.
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!
[_] ONENTRY### **GBP/JPY - ‘2FIB Strategy’ by ONENTRY**
**Timeframe:** 30 Minutes
**Session:** London & New York
### **Step 1: Identify the Overnight Range**
- Mark the **high** and **low** of the price range between **00:00 - 06:30 (+2GMT)**.
- Wait for a **clear breakout** with a candle *closing* above (for longs) or below (for shorts) this range.
### **Step 2: Apply Fibonacci Levels**
- After the breakout, use the **Fibonacci retracement tool**:
- **Anchor Point 1:** Start at the *close* of the breakout candle body.
- **Anchor Point 2:** Drag to the *start* of the impulse move - first candle body of the range.
- Key level for entry: **0.5 and** **0.35 retracement**.
### **Step 3: Trade Execution**
- **Entry:** Enter on a pullback to **0.5** and **0.35 Fib level** after the breakout.
- **Stop Loss :**
- *Long trades:* Below the **low of the breakout candle’s body**
- *Short trades:* Above the **high of the breakout candle’s body**.
- **Take Profit Targets:**
- **TP1:** 1.0 Fib
- **TP2:** 1.25 Fib extension.
- TP3: 1.6 FIB extension
- **TP4:** 2.3 Fib extension (runner position).
### **Step 4: Trade Management**
- Move SL to breakeven when price hits **TP1**.
- Close the running trade before midnight.
Always Test The Strategyevels**
- After the breakout, use the **Fibonacci retracement tool**:
- **Anchor Point 1:** Start at the *close* of the last impulse candle wick.
- **Anchor Point 2:** Drag to the *start* of the impulse move - first candle wick of the range.
- Key level for entry: **0.5 and** **0.35 retracement**.
### **Step 3: Trade Execution**
- **Entry:** Enter on a pullback to **0.5** and **0.35 Fib level** after the breakout.
- **Stop Loss :**
- *Long trades:* Below the **low of the breakout candle wick.**
- *Short trades:* Above the **high of the breakout candle wick.**
- **Take Profit Targets:**
- **TP1:** 1.0 Fib
- **TP2:** 1.25 Fib extension.
- TP3: 1.6 FIB extension
- **TP4:** 2.3 Fib extension (runner position).
### **Step 4: Trade Management**
- Move SL to breakeven when price hits **TP1**.
- Close the running trade before midnight.
Always Test The Strategy
downtrendThe triangle pattern is expected to complete at the current range and then we will see the start of the downtrend.
GBPJPY IS A BUY (Britsh Pound-CPI News)TP: 190.00+
SL: 187.00
There is support forming for GBPJPY, which we could be looking for a buying opportunity. We have CPI news for the British Pound Dollar that could make this possible on Wednesday.
GBPJPYGBPJPY
- Completed " 12345 " Impulsive Waves
- Break of Structure
- Consolidation Phase
- Demand Zone
* Fibonacci Level - 50.00% / 61.80%
New Pair under my belt, GBPJPY! Let's see how this goes.. I have been closely monitoring GBP/JPY, currently trading around 188.775. The pair has been hovering near resistance, and multiple technical indicators suggest momentum is weakening. My focus is on institutional absorption near 188.75–189.00, where price has struggled to break higher.
Examining price action, I see rejection wicks forming near resistance, confirming potential sell-side control. MACD divergence on the hourly timeframe indicates slowing momentum, and RSI is hovering around 54.69, reflecting a neutral stance rather than strong bullish continuation. ADX at 18.83 suggests the trend is weak, meaning price could be consolidating before a directional move.
Support sits near 187.50–188.00, where price has previously shown demand. If institutions absorb sell orders here, a long position toward 189.00 may develop. However, if price fails to hold above 188.75, a short trade targeting 187.50 aligns with institutional rejection patterns. With volume showing signs of clustering near resistance, the probability of a pullback is increasing.
At this point, I am watching how price reacts near key liquidity zones. If sellers continue defending 188.75, I will wait for bearish confirmation before executing a short trade. Alternatively, if price holds above 188.50 with bullish volume, I will reassess my bias for a potential breakout toward 189.50. Managing risk effectively and waiting for clear signals will be the key to executing the best trade setup.
Short GBP/JPYThe price broke out of triangle retested the previous trendline and then entered a bearish trend on 1H so I expect price to go to previous strong support. SL is just above the point where trendline was broken.
SL 188.8
entry 187.85
TP184.5
GJ-Tue-22/04/25 TDA-Money flowing into Gold, Yen not much!Analysis done directly on the chart
GJ not breaking out, stucking inside this wide range.
It's hard to have good setups, if you are not already
in the trade. Best and safest way to deal with GJ is
just let the market range until clear structure is made.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/JPY AnalysisThe pound is about to rise to the levels shown on the chart according to the fractal. As a precaution, please place the stop loss below the last bottom.
TRADING PLAN: GBPJPY SHORT TRADE SETUP Considering the bearish sentiment in GJ today, we'll take a short position. Our initial target is a 1:1 risk-reward ratio, followed by a 1:2 ratio after securing some profits.
Diamond BottomLook to short or sell
Diamond bottom on 4hr chart
- daily chart looks like a horn top reversal
downtrendGiven the price behavior at the current resistance level, the downward trend is expected to continue. If the price consolidates above the resistance level, the upward trend is likely to continue.
