GBPJPY POTENTIAL SHORT OPPORTUNITY ???Yes the gbpjpy is in a very strong uptrend. However it might meet some resistance soonwhich will slow down the bulls. Lets see how this plays out
JPYGBP trade ideas
GBPJPY - 1D SetupThe Japanese yen may get stronger for a while due to the weakening of the British Economy, which may lead to a pullback of the GBPJPY currency, and this seems to be a good trading opportunity in sells with a strict stop-loss. OANDA:GBPJPY
Note- This is my own view and not a financial advice as trading comes with high risk.
GBP/JPY: Pound Attempts to Break Out of a Broad Sideways RangeThe GBP/JPY pair has gained over 0.5% today in favor of the British pound, as the Japanese yen continues to weaken steadily. The recent escalation in the trade war, where potential 25% tariffs may begin to affect Japan in the short term, has contributed to the yen’s steady decline. For now, this remains one of the main catalysts behind the price movement, which is trending lower in the near term. As uncertainty surrounding the yen persists, buying pressure on GBP/JPY could become more significant.
Broad Sideways Range at Risk
Recent short-term bullish movements are beginning to test the upper boundary at 198.42, a key level within the broad sideways range that has dominated the chart in recent months. For now, the price could face a period of persistent neutrality as it tries to push through this upper barrier, which remains the most relevant resistance zone. If buying pressure holds steady over the coming sessions, the range could come under threat, potentially giving way to a more dominant and consistent bullish trend in the short term.
ADX
The ADX line is currently oscillating close to the 20 level, which typically indicates low average volatility over the past 14 sessions. This could be signaling a period of price consolidation, especially as the pair approaches current resistance zones.
MACD
The MACD histogram remains close to the zero line, suggesting a lack of clear direction in the short-term momentum of the moving averages. As long as this persists, it will likely reinforce the current neutral sentiment around resistance levels.
Key Levels:
200.00 – Tentative resistance zone, corresponding to the next psychological level to watch in the short term. Sustained price action above this level could confirm a breakout of the broad channel, paving the way for a dominant bullish trend.
198.42 – Nearby barrier, marking the upper boundary of the broad range. Sustained moves above this level could further reinforce the prevailing bullish bias.
196.297 – Key support level, marking the recent low. If selling pressure brings the price back to this area, the market could resume the broad sideways range seen in previous sessions.
Written by Julian Pineda, CFA – Market Analyst
GBP/JPY SYMMETRICAL TRIANGLESYMMETRICAL TRIANGLE Completion: A potential breakout scenario for GBP/JPY involves the currency pair moving sharply out of a symmetrical triangle pattern. If the pair breaks above the upper trendline, it could signal a bullish move, with traders targeting higher resistance levels. Conversely, a break below the lower trendline may indicate a bearish trend, prompting a search for support levels.
CHECK GBPJPY SIGNAL UPDATE GO READ CAPTAINEntry Point: Around 198.650 TO 198.550
Take Profit 1: 199.050
Take Profit 2: 199.500
Last Target: 199.900
Stop Loss: 198.050
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.
Possible GBY/JPY bullish?I did mark my chart. You can look at it and decipher accordingly! If you have any ideas or mark ups please drop them or tag me in them :)
Gbpjpy buy The pound looks like it has finally given a signal for a buy bouncing off a nice support zone and fib , I can see a good healthy rise from 198.126 take profits at 199.857
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
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.
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.
gbp/jpymultiple rejections from the key supply/resistance zone i dont see a reason why market wouldnt target the support/demand zone.
GBPJPY short at current market priceH4 candle closed in doji pattern, hint for buyer started losing the strength.
i'm short at current market price.
target to take profit at 198.60
calculate your own risk & reward
Good luck
CHECK GBPJPY SIGNAL READ CAPTAIN📍 Trade Setup Overview
Trade Direction: Short (Sell)
Entry Point: Around 199.450
Stop Loss: Around 200.100
🎯 Target Levels
Take Profit 1:
198.500
Take Profit 2:
197.800
Last Target:
197.000
GBPJPY SELLThe break of the support level on the H4 is complete. Looking at the retest of the broken support for the continuation of the fall
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
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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.*
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.
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Analysis Summary
Pair: GBP/JPY
Timeframe: 3H
Current Price: 198.883
Bias: Bearish move toward channel support
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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.
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Target Point
Target: 196.355 (support zone and bottom of channel)
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Trade Idea
Direction Entry Stop-Loss Target
Sell 198.80–199.00 Above 199.70 196.35
SMC trading point
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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.
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Guppy - Long TradeExpecting a bearish move down and then a strong reversal at the levels displayed!
Happy Trading!
Breakout upPrice is in a right angle broadening descending triangle . Looking for breakout to the upside. 177 pips target should equal the last move down.
