GBPJPY Wave Analysis – 17 June 2025- GBPJPY reversed from the resistance area
- Likely to fall to support level 193.65
GBPJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 196.00 (which has been reversing the price from March) and the upper daily Bollinger Band.
The downward reversal from this resistance zone will most likely form the daily Japanese candlesticks reversal pattern Bearish Engulfing - if the price closes today near the current levels.
Given the overbought daily Stochastic, the GBPJPY currency pair can be expected to fall to the next support level at 193.65 (the low of the previous minor correction ii).
JPYGBP trade ideas
GBPJPY SHORT FORECAST Q2 W25 D17 Y25GBPJPY SHORT FORECAST Q2 W25 D17 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
✅Daily high 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-17/06/25 TDA-BoJ rate unchaged, press conference now!Analysis done directly on the chart
Follow for more, possible live trades update!
With previous daily closure above good resistances,
and more bullish structure to be created. GJ bullish
continuation is very possible.
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBP/JPY H1 | Approaching a pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 195.97 which is a pullback support.
Stop loss is at 195.30 which is a level that lies underneath a swing-low support and the 38.2% Fibonacci retracement.
Take profit is at 196.78 which is a swing-high resistance.
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GJ-Mon-16/06/25 TDA-A lot of uncertainty this week, watch out!Analysis done directly on the chart
Follow for more, possible live trades update!
A lot of uncertainty ahead this week:
-BoJ interest rate decision
-GBP CPI
-Fed interest rate decision
-BoE interest rate decision
-Middle east tension between Israel-Iran
Stay up to date to latest global news, check
economic calendar.
Know when to increase your risks and when
to lower your risks (protect and preserve your
capital).
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
GBPJPY SHORT FORECAST Q2 W25 D16 Y25GBPJPY SHORT FORECAST Q2 W25 D16 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
✅Daily high 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
GBPJPY - Medium term prediction - 16/06/25Here’s how I see GBP/JPY in this well-defined range:
Key levels
Resistance: 199.81 (multiple rejections since late 2023)
Support: 191.43 (holds going back to mid-2024)
Range dynamics
Price has spent the last 18 months oscillating between these two lines—no sustained trend outside the band.
We’re currently stuck just below the midpoint (~195.6) with failure to break higher into 196–197.
Momentum & recent action
Near-term momentum is drifting lower (series of lower highs into resistance).
No bullish catalyst convincing enough to clear 197–199.
Slide down to 191.43 ~60% Favors another mean-reversion off the top half of range
Rally up to 199.81 ~40% Needs a clear break above 196.5 with follow-through
GBP/JPY Tests 196.4FenzoFx—GBP/JPY is testing the 196.4 monthly high, a fragile resistance after four previous attempts.
On Friday, bulls pushed higher with a long-wick candlestick, but the Stochastic Oscillator signals an overbought market.
The bullish trend remains intact if GBP/JPY holds above 193.8 support. A breakout above 196.4 may target 198.3, while closing below support could shift momentum downward.
GBPJPY| Bullish Shift in ProcessGBPJPY broke its major lower high on the 4H, signaling a shift in directional intent to the upside. While external liquidity remains intact, I’m monitoring for a potential continuation setup.
On the 30-minute timeframe, price broke a significant high and internal structure is now aligned with bullish order flow. I’ve marked a near-term zone where price may pull back into — specifically watching for a sweep of short-term liquidity within an internal order block.
No rush. Just waiting for price to offer a high-probability entry aligned with refined structure and flow.
— Inducement King 👑
Bless Trading!
GBPJPY - Look for Long (INTRADAY) 1:4.5 and Short (SWING) 1:XXGBPJPY appears to remain in a distribution phase from the supply zone, making its way toward the next demand zone on the higher time frame. We might see a potential sell opportunity during any consolidation before the price continues trending toward the demand area.
Let’s wait and see how price action develops — there’s a chance for entries in both directions, but only if a clear consolidation forms. Otherwise, it’s best to remain patient and look for setups at the next key resistance level.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GJ Update - June 14 - 4HI don’t trade triangles, but I don’t ignore them either. A breakout to the upside is possible, but as long as price stays below a key resistance level, my primary bias remains short. Even if price breaks higher, I’ll stay cautious and operate on the 1H timeframe as usual. GJ is known for sharp drops. I expect a clear move within the next two weeks. On Monday, I’ll have a better view on my entry and exit for the week.
GBPJPY WEEKLY HTF FORECAST Q2 W25 Y25GBPJPY WEEKLY HTF FORECAST Q2 W25 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.
🔑 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 : Could price break the resistance area?Looking at the 1-hour chart of GBP/JPY, price is currently trading around 195.53, caught between two significant zones. Immediate resistance lies around the 196.40–196.50 area, where price has previously rejected several times—this is a strong supply zone.
On the downside, the 194.40–194.60 zone acts as key support and demand, with price bouncing off this level multiple times, showing buyers are still defending it.
The overall structure still respects a higher low formation, supported by an ascending trendline from the end of May, suggesting bullish bias unless that structure breaks.
Next week, keep an eye on UK CPI and BOE rate decision—both could be big movers. If CPI comes in hot, it could spark bullish momentum and push GBP/JPY through the 196.50 ceiling.
On the other hand, dovish BOE commentary could reverse sentiment fast. For now, potential long entries could be considered near 194.60 support with targets toward 196.50, while shorts might be taken around the resistance zone with tight stops and confirmation.
Always watch for breakout or rejection signs at these levels before committing.