Downloading...
Download

British Pound / Japanese Yen

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

GBPJPY trade ideas

GBPJPY- UPDATED ANALYSIS GBPJPY Bias: Bullish HTF Overview (4H): Price remains in strong bullish structure, with higher highs continuing to break. No signs of deep pullbacks toward major SSLs, confirming strength in the current leg. LTF Confirmation (30M): Clean refined structure now visible. Market gave a textbook pullback into a fresh demand zone (30M OB) after sweeping minor liquidity. No need to expect a deeper move unless invalidated. Entry Zone: Watching for price reaction from the refined 30M OB. If price respects this level, I’ll drop to 5M for LH break → 1M for entry precision. Targets: Eyes on recent high as first TP, followed by extended targets if momentum continues. Mindset Note: Sometimes the best move is simply refining levels and letting the setup come to you. No rush, just alignment.
Long
by Juicemannn
GBPJPY Forming Descending ChannelGBPJPY is currently trading within a well-defined descending channel on the 4H chart, showing signs of building pressure toward an upside breakout. The price has consistently respected both the upper and lower bounds of this channel, creating a controlled correction within a larger bullish trend. With the recent bounce off the lower channel boundary, the pair is now preparing for a potential bullish breakout, aiming for a target zone near 202.700 in the coming sessions. From a fundamental perspective, the British pound is benefiting from hawkish commentary by the Bank of England, which continues to battle sticky inflation. The latest UK inflation data suggests that price pressures remain elevated, prompting market participants to anticipate further tightening or a prolonged hold in interest rates. On the other hand, the Japanese yen continues to weaken due to the Bank of Japan’s ultra-loose monetary policy, making GBPJPY attractive for long positions amid widening yield differentials. Technically, the structure remains bullish in the broader context, and this descending channel looks more like a bullish flag—a continuation pattern. If bulls maintain momentum and break above the upper trendline near 199.50, we can expect a strong impulsive move toward the 202–203 zone. The risk remains well-defined below 197.40, which is the recent swing low, giving a healthy risk-to-reward setup for traders. With strong technical structure and fundamental divergence favoring the British pound over the yen, GBPJPY presents a high-probability long opportunity. I'm looking for confirmation of a breakout on lower timeframes, and once triggered, I expect clean bullish follow-through. Stay ready for the breakout—it’s a textbook setup aligning with macro and technical confluence.
Long
by AndrewsMarket-Mastery
GBPJPY Breakout or Trap? Price in Key Exhaustion Zone | 4H ChannGBPJPY is sitting at a critical point inside an ascending channel. After rejecting the exhaustion zone multiple times, price is trying to reclaim bullish momentum. Key levels to watch: ✅ Bullish Bias: Hold above 198.400 and break past 199.200 for continuation toward 200.000+. ⚠️ Bearish Risk: A break below 198.400 could signal a deeper correction. The 20 EMA and 68 EMA are converging—expect a strong move soon! Question: Do you think we break out or fake out? Comment below! 👇 #GBPJPY #ForexTrading #PriceAction #ForexSignals #GBPJPYAnalysis #TradingView #ForexSetup #TechnicalAnalysis #ForexStrategy #SwingTrading #ForexEducation #ForexMarket #DayTrading
Long
by Warrenducatz
Bull Market, Bear Move: Temporary Shift or Trend Change?Hello Traders, Welcome to the new trading week. The daily timeframe remains in a strong bullish trend; however, recent price action shows a break in alignment on the 4-hour chart. After sweeping a weak daily higher high, the 4-hour structure has shifted bearish, indicating a potential retracement or deeper correction. This internal shift suggests that price may now be heading toward the last weak low as liquidity and structural targets align. Caution is advised until the 4-hour and daily biases realign.
Short
by fxtrends28
GBPJPY outlook: Potential Sell Setup FormingPrice action has recently broken out of a sustained uptrend and completed a retest of the former trendline support, now acting as resistance. This behavior suggests a potential bearish setup is developing. 📉 Entry Level: ~198.700 🛑 Stop Loss: 199.200 🎯 Take Profit Targets: • TP1: 196.515 • TP2: 194.521 We’re now watching for confirmation to enter short, anticipating a move toward the stated profit targets should momentum continue to shift in favor of the bears.
Short
by GBPP_JPYY
GBP/JPY -H1- Channel Breakout (14.07.2025)The GBP/JPY Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 196.70 2nd Support – 195.53 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by KABHI_TA_TRADING
43
Waiting for the bigger move with GBPJPYHi Traders! Right now, GJ is failing to swing higher at a major resistance at 199.200. Looking at the 4HR, yesterday July 16th, price wicked down to 198.000 retesting a previous 4HR CHOCH, then pulling back up to continue consolidation in between 198.000 and 199.200. However, on the 4HR price didn't close below 198.000 with continuation, which would make me believe that if the new 4HR CHOCH is valid, eventually price will break through 199.200. This will require patience if I want a bigger move. A more conservative approach to this trade, for me, would be entering on the break with a retest/bounces off 199.200. SL below a new HL, TP1: 201.000, Overall TP: 202.000. In addition, the only way I would sell is if price broke down past 198.500/198.200, and kept rejecting. Then, I could see a downside. But, imo price action just it's giving that confirmation right now. *DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
Long
by thattradergirl
11
GBP/JPY) Bearish Analysis Read The captionSMC trading point update Technical analysis of GBP/JPY on the 3-hour timeframe, suggesting a potential short-term pullback within a larger ascending channel. --- Analysis Summary Pair: GBP/JPY Timeframe: 3H Current Price: 198.883 Bias: Bearish move toward channel support --- Key Technical Insights 1. Ascending Channel Formation: Price is moving within an upward-sloping channel. Current structure suggests price is heading toward the lower trendline support. 2. Support Level & Target Zone: The yellow zone around 196.355 is a major support area and target point, coinciding with both structural support and the bottom of the channel. 3. EMA (200 Close): Price is still above the 200 EMA (197.067), so overall trend remains bullish — but current move is a correction. 4. RSI (14): RSI is neutral near 51.14, allowing room for further downward movement before becoming oversold. --- Target Point Target: 196.355 (support zone and bottom of channel) --- Trade Idea Direction Entry Stop-Loss Target Sell 198.80–199.00 Above 199.70 196.35 SMC trading point --- Summary GBP/JPY is likely to retrace toward support at 196.35 before possibly bouncing within the larger bullish structure. This offers a short-term selling opportunity, with potential buy setups near the lower trendline later. Please support boost 🚀 this analysis)
Short
by SMC-Trading-Point
6