JPYGBP trade ideas
GBP/JPY At Selling Area , Can We Sell It Now To Get 150 Pips ?Here is my opinion on GBP/JPY , The price at daily res area that forced the price to go down very hard last time and now the price retesting it , i want to see a good bearish price action on 4H T.F To get A Confirmation to can sell and i feel safe , we can enter now a sell trade with small lot size and when we have a good confirmation on bigger T.F We can add another entry , if we have a daily closure above my daily res then this idea will not be valid .
GBPJPY uptrend support at 196.75Key Support: 196.75
This level marks the prior consolidation zone and serves as a critical pivot. A corrective pullback toward 196.75 followed by a bullish reversal would validate the uptrend, with upside targets at:
199.20 – Initial resistance and short-term target
199.70 – Minor resistance zone
200.40 – Longer-term breakout objective
However, a daily close below 196.75 would invalidate the bullish scenario, potentially triggering a deeper retracement toward:
195.80 – Near-term support
194.80 – Key downside level in a bearish reversal
Conclusion:
As long as 196.75 holds, the bias remains bullish, favoring continuation toward the 199–200 zone. A confirmed break below this support would shift momentum, opening the door for a broader corrective decline.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBP/JPY BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
It makes sense for us to go long on GBP/JPY right now from the support line below with the target of 198.556 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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GBPJPY Will Go Lower From Resistance! Sell!
Here is our detailed technical review for GBPJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 199.046.
The above observations make me that the market will inevitably achieve 196.674 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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Lingrid | GBPJPY possible Pullback From Psychological LevelThe price perfectly fulfilled my last idea . FX:GBPJPY is testing the upper boundary of the resistance zone near the psychological 200.000 mark after a strong bullish impulse. Price is showing early signs of rejection from the red trendline and horizontal resistance, suggesting potential for a corrective move. If confirmed, a drop toward the 197.600–197.000 region becomes likely, aligning with the lower bound of the rising channel. A break below this level could expose deeper downside toward the 195.5 support.
📉 Key Levels
Sell trigger: confirmed rejection from 200.000 with bearish engulfing
Sell zone: 200.50–200.00 (key resistance zone and trendline touch)
Target: 197.600
Invalidation: sustained close above 200.500 flips structure bullish
💡 Risks
Strong bullish continuation above 200.000 would invalidate short setup
Yen weakness from BOJ policy shifts could drive GBPJPY higher
Support at 197.600 may cause bounce and false breakout scenarios
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
4H CHoCH Formed – Short from Supply with CautionHello Traders,
Today we’ve seen a Change of Character (CHoCH) form on the 4-hour chart after price broke above the higher time frame’s weak high (HH) from yesterday. This suggests we’re now in a bearish counter-trend pullback phase. Trading short from the 4H supply zone with lower time frame (LTF) confirmation presents a high-probability setup.
However, keep in mind that on the daily chart, price is reacting from a Fair Value Gap (FVG) or imbalance zone, meaning there’s still a chance price could push higher. So using LTF confirmation before entering shorts is essential.
GJ-Thu-10/07/25 TDA-GJ pull back,good support created.Now what? Analysis done directly on the chart
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You make more mistakes, you learn more, you should improve more.
If it's easy, everyone will do it realistically.
Premise:
A simple idea plan (like Tradingview public posts) won't describe everything.
No one can predict how market will move, it's always good to react to how it moves.
It gives an idea of how price might move, but no one come from FUTURE.
So I always encourage people to openly and actively discuss in real time.
For example discussing on Tradingview public chat (and more).
I don't give signals blindly, people should learn
and understand the skill.
Following blindly signals you won't know how to
manage the trade, where precisely put sl and tp,
lot size and replicate the move over time.
That's why you need active real time discussions.
Trading is not get rich quick scheme!
Active in London session!
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
Will GBPJPY uptrend continue??Price is at a crucial point where traders are beginning to watch what’s likely to happen next in the market. Is market likely to continue to trade higher? From the technical standpoint, if price continues to rise and break the 200.000 level we will look for a buy opportunity in this market.
British Pound / Japanese Yen - 4H Chart (OANDA)4-hour chart from OANDA displays the GBP/JPY currency pair's price movement, with the current price at 199.248 (+0.024 or +0.01%). The chart highlights a recent upward trend, breaking through a resistance level around 199.274, with buy and sell indicators at 199.274 and 199.220 respectively. Key price levels include a high of 199.923 and a low of 198.188, with the chart spanning from June to early August 2025.
GBPJPY Profit TakingGBPJPY has given strong bullish momentum and hit swing high on previous day currently the traders are taking profit and GBPJPY is giving a pullback. We can see from the picture that there is fair value gap and demand zones. The possible move for GBPJPY will be to hit demand zones and again follow the same bullish momentum.
My View On GBP/JPYWhy I think the tops in
Elliott Wave Structure Completed
We’re now at the conclusion of a 5‑wave impulse (i→v) that tops off within wave (1), followed by an A‑B‑C corrective sequence. Wave C peaks right inside a major supply zone — classic exhaustion of bullish momentum.
Resistance & Trendline Rejection
Price hit a red supply/resistance area, tested it, and has already broken back below the short‑term upward trendline. That break is a reliable early signal that the uptrend is losing steam.
Bearish Continuation Pattern Forming
The drawn schematic suggests a sequence of lower highs is setting up—then a break toward the blue support zone near 196.60–197.40. All signs point to a deeper correction or even a fresh downtrend for wave (3).
Technical Confluence at Wave (2)
Wave (2) ends within multiple layers of resistance: a price zone, a wave count, and a rising wedge. Combined, this quadruple confluence is a textbook reversal scenario.
Macro factors support a top:
Central bank divergence is flattening
Yen may rebound on global uncertainty
Sterling faces domestic fragility
GBPJPY Wave Analysis – 9 July 2025- GBPJPY reversed from long-term resistance level 199.65
- Likely to fall to support level 198.00
GBPJPY currency pair recently reversed from the strong long-term resistance level 199.65 (former strong resistance from October, November and July) standing near the upper daily Bollinger Band.
The downward reversal from the resistance level 199.65 is likely to form the daily Shooting Star reversal pattern.
Given the bearish divergence on the daily Stochastic indicator and the strength of the resistance level 199.65, GBPJPY currency pair can be expected to fall to the next support level 198.00.
Another Home Run Trade? Risky & Conservative ApproachesFollowing up a MASSIVE win on the OANDA:EURJPY we may now have a similar trading opportunity setting up on the OANDA:GBPJPY
The premise is the same for this one as we're looking at a potential violation of structure followed by a Bullish continuation setup.
In this video, we'll look at where we think price can extend to, what needs to happen before we can make that prediction, and both a risky and conservative technique to get involved in the move.
Please let me know how you would approach this setup!
Akil
GBPJPY Shown Good Pullback after hitting Swing HighAs share earlier GJ show good bullish move and hit swing high. After hitting swing has given a good pull back and entered into the trade. The engulfing hourly candle showing strong pullback which will possibly go further down to retest a demand zone and an area.