MAJOR MONTHLY SUPPLY ZONE ON GBP/JPY SELLERS INBOUNDRegarding the monthly supply zone, my technical analysis indicates that the price has historically failed to breach this area over several years. I anticipate a potential reversal and recommend waiting for confirmation, such as a double top or harmonic pattern, before initiating a sell position. Furthermore, i will consider selling opportunities upon the .618 Fibonacci level being reached.
Entry: 199.0
Take Profit: 183.3
Overall Price Target: 163.0
JPYGBP trade ideas
GBPJPY Reversal SetupFundamentals in Politics:
Japan's ruling coalition (Liberal Democratic Party and Komeito) has lost its majority in the upper house of parliament in recent elections. This is a significant setback for Prime Minister Shigeru Ishiba, though he has stated he will remain in office to combat inflation and continue trade talks with the US.
The election results indicate a surge in support for right-wing populist parties, fueled by public frustration over economic challenges like soaring rice prices and inflation exceeding wage growth. This weakened position for Ishiba's government could lead to legislative gridlock and impact future policy decisions, including those related to trade and the Bank of Japan's monetary policy.
JPY has been experiencing notable fluctuations, largely influenced by the recent election results and their potential implications for monetary policy:
Initial Yen Strength Post-Election: Following the weekend election results where Japan's ruling coalition lost its upper house majority, the Japanese Yen showed significant strength, gaining nearly 1% against the USD. This was somewhat counter-intuitive for some analysts who expected political uncertainty to be yen-negative.
However, technicall DRAGON ( GBPJPY) seem to make a correction after testing 200.000 line.
Closing below 197.000s will trigger a deeper bearish correction.
Good Luck!
Bullish Shift After Liquidity Sweep – Eyes on BSL & Weekly GapHello Traders,
As per yesterday’s analysis, price successfully swept the weak internal lower low (LL), but failed to close below structure. Instead, price has shifted bullish, indicating that sellers were overpowered by buyers at that level.
Before considering any trading decisions, I would like to see price take out the Buy-Side Liquidity (BSL) to confirm the bullish intent. Additionally, note that the new weekly gap on the 4-hour timeframe remains unfilled, which could act as a magnet for price in the short term.
GBPJPY| - Bullish Opportunity DevelopingPair: GBPJPY (GJ)
Bias: Bullish
HTF Overview: 1H structure remains bullish with clear higher highs. Market currently pulling back toward a visible 1H Order Block.
LTF Confirmation: Waiting for price to mitigate the 1H OB, then will drop to 15M and 5M for bullish confirmation before entering.
Entry Zone: OB zone marked and active — ideal setup includes liquidity grab or inducement before confirming entry shift.
Targets: First target is recent 1H high — extended targets based on continuation structure above.
Mindset Note: No need to force the trade — the edge comes after the zone is respected and price confirms. Let the setup come to you.
Bless Trading!
GBPJPY Is Bearish! Short!
Take a look at our analysis for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 198.794.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 192.854 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
British Pound / Japanese Yen - 4h (OANDA)4-hour candlestick chart from OANDA shows the GBP/JPY currency pair's price movement, currently at 199.038 with a decrease of 0.542 (-0.27%). The chart highlights a recent consolidation phase around the 199-200 range, with key levels marked at 201.000, 200.268, 199.038, 198.986, and 198.435. The data reflects trading activity as of 03:08:55.
GJ-Mon-21/07/25 TDA-Wide range GJ, weekend gap at open!Analysis done directly on the chart!
We have big bank holidays and minor bank holidays.
Surely minor bank holidays impact less the price
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.
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 15-Minute Analysis with Supply and Demand Zones1. Market Context
The price recently experienced a strong upward move followed by a rejection at the Higher Time Frame (HTF) Supply Zone near the 200.051 level.
Key levels have been identified including an HTF Supply Zone (resistance area) and HTF Demand Zone (support area).
2. Price Structure and Key Levels
The chart marks a weak high (x-weak high) near the supply zone which indicates possible exhaustion of upward momentum.
A break of structure (x-bos) was followed by a retracement to the supply zone.
The HTF Demand Zone around 198.070 marks a strong support area from which price might potentially rebound.
3. Trading Plan and Execution
Entry: Consider a short (sell) position near the HTF Supply Zone (around 199.8 to 200.05) after confirmation of bearish rejection or reversal patterns.
Target: Set the take profit near the HTF Demand Zone (around 198.07), which represents a strong support level.
Stop Loss: Place a stop loss just above the HTF Supply Zone to protect against unexpected breakouts.
Trade Management: Expect a possible retest or small pullback after the initial move from the supply zone before continuing the downward trend.
4. Outlook and Strategy
The primary expectation is a downward movement from the supply zone to the demand zone.
Watch for price action cues such as bearish engulfing candles or strong rejection wicks at the supply zone to confirm entry.
If price breaks above the HTF Supply Zone strongly, reconsider the bearish bias for possible trend shifts.
GBPJPY DECLINE SOONER OR LATEROn the Daily we see a clear uiptrend. However, Price is converging creating a rising wedge pattern. Conservatively we wait for price to break the last low that was formed before entering a sell but aggressively we want to enter our sell trade where Market open leaves a gp to filll @199.74 wit ha 95 pips stop loss and a 240 pips TP. should our bullish trendline be broken then we wait for retest to sell price down to 195.186
On the buy side we want to see a breakout and close above our last high for trend continuation.
A retest of that breakout is an ideal entry point for our buy trade @ 199.402 with 110 pips stop loss and 2RR
Potential Bullish Trade in GBPJPYGBPJPY continues to exhibit strong bullish momentum, with price action aligning with the prevailing uptrend. The pair is projected to advance towards the identified target zones (TP1 and TP2) as marked on the chart. A stop-loss level (SL) has been defined to manage downside risk effectively.
Traders are advised to monitor key support and resistance levels for potential confirmations as the setup develops.
GBP/JPY: Possible short position in the coming daysGBP/JPY has reached a key psychological level at 200, where we often see institutional manipulation—false breakouts or stop hunts are common at such milestones. With major UK events and the BoJ rate decision set for July 30, a deep correction could be engineered here before the next bullish leg resumes.
GBPJPY set for breakoutGBPJPY is currently trading in a sideways pattern within an ascending channel. The support zone around 197.900 has been respected multiple times, while price repeatedly fails to break above the 199.800 resistance – signaling that built-up pressure may soon erupt.
Recent data shows that UK inflation remains high, and the Bank of England may maintain its hawkish stance, supporting the GBP. Meanwhile, global risk-off sentiment continues to weaken the JPY.
If price breaks through the current resistance, it would confirm the continuation of the uptrend, with a target toward the upper boundary of the red channel. However, if rejection persists, buying from support remains a valid strategy.
GBPJPY: Short Trading Opportunity
GBPJPY
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short GBPJPY
Entry - 199.63
Sl - 200.26
Tp - 198.44
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
❤️ Please, support our work with like & comment! ❤️
GBP/JPY H1 | Bullish uptrend to extend higher?GBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 199.42 which is a pullback support.
Stop loss is at 199.08 which is a level that lies underneath a swing-low support and the 23.6% Fibonacci retracement.
Take profit is at 199.79 which is a swing-high resistance.
High Risk Investment Warning
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
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RECTANGLE CHANNELHello awesome traders! 👋
Hope you’ve managed to grab some solid pips from the markets this week. As we head into the weekend, I’m wrapping things up by dropping a few clean chart setups for you to review and reflect on.
Enjoy the weekend, recharge well — and I’ll see you sharp and ready next week for more structure-led opportunities.
📌 Pattern Breakdown
We’ve been tracking a developing rectangle channel between 197.94 (support) and 199.74 (resistance):
🔹 Price formed a clear 4-leg compression
🔹 CD leg bounced off lower support near 197.96
🔹 We’re now approaching the upper edge of the channel at 199.74
🔹 Compression structure suggests breakout potential is building
🚨 Breakout Setup in Focus
🔸 A breakout above 199.75 opens the door toward:
✅ Target 1 Zone:
• 1.5 extension = 200.76
✅ Target 2 Zone:
• 2.0 extension = 201.69
📌 Flip-side: A failed breakout and close back below 197.94 would shift structure toward:
🔻 Bearish Breakdown Targets:
• 1.5 = 197.02
• 2.0 = 196.09
• 2.618 = 194.94
We stay flexible — trade the breakout, not the anticipation.
🧠 Key Concepts in Play
✅ Rectangle consolidation
✅ Breakout-ready structure
✅ Defined upper/lower breakout levels
✅ Volume and reaction at edges = trigger
🗝 Final Thoughts
GBPJPY is boxed in tight — but momentum is clearly leaning bullish.
If we get that clean break above 199.75 with confirmation (volume, close, continuation), the 200.76+ range is firmly in sight. No breakout? No problem — structure has a plan either way.
“Boxes don’t trap the market — they build the tension. Breakouts reward the patient.”
GBPJPY in Premium Zones of 2008 Financial Crisis - {17/07/2025}Educational Analysis says that GBPJPY (FX pair) may give trend Trading opportunities from this range, according to my technical analysis.
Broker - FXCM
So, my analysis is based on a top-down approach from weekly to trend range to internal trend range.
So my analysis comprises of two structures: 1) Break of structure on weekly range and 2) Trading Range to fill the remaining fair value gap
Will Jpy start to lose value like it is doing since 2019 or it will do free fall same like 2008 crisis.
Let's see what this FX pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS FOR EDUCATIONAL PURPOSES ONLY.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading.
7.16 GBP/JPY LOSSSome days you go through things like this, when the markets make big moves it is great if you are on the right side and sucks if you are not. We have a limit to our exposure in the markets and ALWAYS follow our bankroll management plan. Price hit our stop on this one — no hesitation, no regrets. The setup met all the VMS criteria, but the market had other plans. This happens, and it’s built into the process. No revenge trades. No chasing. Just alignment and discipline. That’s how we grow.