GBPJPY Surges as Trade Tensions Weaken YenGBPJPY Surges as Trade Tensions Weaken Yen
GBPJPY remains firmly in a bullish trend, having broken through two key resistance levels.
The first breakout occurred at 196.80, followed by a decisive move above 198.75 on Monday, signaling accelerating bullish momentum.
On July 7, the White House issued a strong letter to Japan’s Prime Minister, expressing concerns over the trade deficit and announcing a 25% tariff on Japanese goods, effective August 1, 2025.
This development has added pressure on the yen, and the weakness could persist in the near term.
However, the situation is still unfolding. Trump is expected to send additional letters today, which could inject further volatility into the markets.
You may find more details in the chart!
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JPYGBP trade ideas
GBP/JPY H4 | Falling toward a pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 198.60 which is a pullback support that aligns with the 23.6% Fibonacci retracement.
Stop loss is at 197.80 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement.
Take profit is at 200.94 which is a resistance that aligns with the 161.8% Fibonacci extension.
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GJ-Wed-09/07/25 TDA-Asian push, price hit our 4hR 199.723Analysis done directly on the chart
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When you have a specific trading time during the day,
it's can be frustrating when moves happen outside of
your trading time. But remember this is part of the game,
we will never catch every single move on the chart.
Don't force the entries, learn to get used to it.
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
GBPJPY Extremely BullishAs described earlier GJ is extremely bullish and wants to target previous swing. current trading at 199.400 and travelling to the 199.857 which is previous swing high. In my yesterday's analysis I have given clue of GJ's being retracing and accumulating and going up again same is showing. We can see a pullback after taking swing high.
GBP/JPY BEARISH AB = CD PATTERN Potential Short Opportunity fromMarket Structure
Price formed a Higher High (HH) and is now completing a Bearish AB=CD harmonic
pattern
The Potential Reversal Zone (PRZ) has been tapped
RSI shows bearish divergence at the second HH, suggesting weakening bullish
momentum
Technical Details:
Pattern: Bearish AB=CD with clear symmetry
Key zone: PRZ between 198.684 and 199.128
Bearish RSI divergence adds extra confluence
Potential Sell Stop strategy below structure for safer entry confirmation
Bias Bearish (Pattern Completion + Divergence)
Short bias is activated only on the confirmation, either by sell-stop break or strong
rejection candles inside PRZ
If the price breaks above 199.128, the bearish setup is invalidated
Trade Plan
Action Level / Condition
Sell Entry Below 198.684 (Sell Stop Trigger Zone)
Stop Loss Above 199.128 (invalidation of PRZ)
Target 1 198.066
Final Tp 197.564
✅ Wish you best of luck and happy trading!
GBP/JPY: Total Confluence Targeting 202.05 BreakoutThis is a high-conviction trade setup based on a powerful confluence of fundamental drivers and multi-timeframe technical alignment. We are anticipating a bullish breakout in GBP/JPY, catalyzed by the upcoming UK GDP data release. The price action has formed a classic "coiled spring" pattern, indicating a significant buildup of energy before a potential move higher.
The analysis is based on pure price action, structure, and macroeconomics. The chart is kept intentionally clean to highlight the strength of the setup itself.
The Fundamental Why 📰
Two core data-driven factors underpin this trade:
1️⃣ Macro Policy Divergence: The primary long-term driver is the stark monetary policy difference between a relatively hawkish Bank of England (BoE), which is still fighting inflation, and an ultra-dovish Bank of Japan (BoJ). This fundamental imbalance creates a natural tailwind for GBP/JPY.
2️⃣ Positive Leading Indicators: Recent economic data from the UK has shown surprising strength. Both the Services and Manufacturing PMIs for June beat expectations, suggesting underlying resilience in the economy. This points to a higher probability of an upside surprise in Friday's GDP figures, which would be the direct catalyst for a breakout.
The Technical Picture 📊
Our confidence comes from a rare "Total Confluence," where every timeframe tells the same bullish story.
The Monthly Chart (Strategic View): Shows a powerful, multi-year uptrend that has decisively broken the critical 8-year resistance from the 2015 highs. The macro trend is undeniably bullish.
The Weekly Chart (The Confirmation): Confirms the uptrend is resuming now after breaking out of a year-long bullish continuation pattern. The "resting" phase appears to be over.
The 4-Hour Chart (The Setup): This is the "coiled spring." Price is consolidating in a very tight range right underneath the key breakout level of 199.45. This shows a lack of sellers and a buildup of buying pressure.
Fibonacci Confluence: Our take profit target is not random. It aligns perfectly with the 1.272 Trend-Based Fibonacci Extension, giving us objective, mathematical confirmation for the target at 202.05.
The Trade Plan ✅
This is a "set and forget" breakout strategy. The order should be placed as a Buy Stop to capture the momentum as it breaks higher.
📉 Asset: GBP/JPY
👉 Entry (Buy Stop): 199.85
⛔️ Stop Loss: 198.75
🎯 Take Profit: 202.05
🧠 Risk/Reward: 1:2
This analysis is for educational purposes. Always conduct your own research and manage your risk appropriately. Good luck.
GBPJPY SHORT (swing)This is a trade setup based on a **Bearish Butterfly Harmonic Pattern**. The pattern meets all the key Fibonacci criteria for validity. Specifically, the AB leg retraces 80.8% of XA, which is close to the ideal 78.6% level and is considered acceptable, especially since it closed with a wick. The BC leg retraces 37.5% of AB, which is within the standard range of 38.2% to 88.6%. The CD leg extends 127% of XA, which is the minimum required for a valid Butterfly pattern, and also extends 252% of BC, which falls within the acceptable range of 161.8% to 261.8%.
What makes this setup stronger is that the Potential Reversal Zone (PRZ) at point D coincides with a **major resistance level**, adding significant technical confluence to the area. This increases the probability of a market reaction or reversal from that zone.
However, no entry will be taken immediately upon price reaching the PRZ. A trade will only be initiated **after the appearance of a confirmed reversal candlestick pattern** at or near the D point, such as a bearish engulfing.
This ensures that we enter with confirmation and not just based on pattern completion.
GBPJPY: Bearish Forecast & Outlook
Looking at the chart of GBPJPY right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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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GBP/JPYGBP/JPY has been bullish since April, since then price has reached a significant key area at 199.000-200.000. Over the next few days/weeks i shall be watching this pair to see if price rejects this key zone or if its able to push through. This will determine my next move as to whether we go short or long.
gbpjpyLet’s take a look at the #GBPJPY pair. Despite continuing in a clear uptrend confirmed by the weekly close and the start of this week, I wouldn’t rush into buying at the current levels just yet. 🚀📈
On the chart, I’ve marked two potential entries with different zones to watch. We’ll need to see if the price pulls back to these areas and finds support before considering a position. 🔍📉
As always, these setups are not fully confirmed, so it’s better to approach them with caution—either by using smaller position sizes or by ensuring that the combined risk of both trades does not exceed what you would risk on a single trade. ⚠️📊
Managing your risk carefully and waiting for a clearer confirmation can help protect your capital and maximize your chances of success. Patience and discipline remain key! 💪💼
GBPJPYTargeting 1:7 RR this trade can be risky but have good potential as Price can even Take me out ( touch me SL then go UP ) so be cautious but yes its a good trade and has reason low liquidity retailers are trying to push price below and later retailers will try to buy at Double bottom same will be done by institutional and sellers will be taken out then buyers will be taken out so it will go up then can go down than back up
GBP/JPY SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 197.518.
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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GBP/JPY Faces Critical Supply Zone Near 199.8 Monthly High GBP/JPY hit the monthly high resistance at 199.8, a level backed by a bearish fair value gap from July 2024. The pair now trades near 199.2, just below this zone.
With supply levels extending to 201.9, a decline toward the weekly support at 195.3 is expected if selling pressure builds.
GBP/JPY Rising Within Ascending Channel – Target in SightGBP/JPY is currently moving within an ascending channel, where price action is forming higher highs and higher lows. This pattern indicates a steady uptrend.
At the moment, the pair is approaching the upper boundary (resistance line) of the channel. Based on the current momentum and structure, we expect the price to continue its upward movement and test the upper trendline.
This upper line serves as our near-term target, where we may look to take profit or reassess the trade setup. As long as the price remains within the channel and respects the trendline structure, the bullish bias remains intact.