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GBPJPY

GBPJPY Short Setup- Momentum Rejection from ResistanceThis chart explores a potential short opportunity in GBPJPY on the 15-minute timeframe following a visible loss of bullish momentum near the upper structure. 🔍 Key Observations: Sell Labels appeared after a strong upside move, near a key resistance zone. A Caution Marker was triggered near the high — typically indicates a potential trend exhaustion. Price lost support from short-term moving averages and began to trade below them. A downside continuation setup is now active with price targeting prior demand levels. 🎯 Target Area: A previous structure low and untested support zone around 197.699 is being monitored as a potential target, pending continued bearish momentum. 🧠 Educational Notes: This idea highlights how momentum-based tools can help identify potential intraday turning points. The confluence of resistance rejection, caution labeling, and sell signals offers a clean example of short-term reversal structure. ⏱ Timeframe: 15-Minute (Intraday)
Short
by LEOLALENS-OFFICIAL
GBPJPY Breakout Retest-Bullish Continuation in PlayGBPJPY showing potential breakout continuation after reclaiming a key intraday resistance zone. Retest confirmation occurred near 198.72 support-turned-demand. SignalPro structure highlights: 📍Clear high-probability buy signal 🟨 Caution label earlier flagged trend shift risk 📦 Liquidity Control Box now acting as base Target set at 199.970 with defined risk below recent structure low. Key Observations: Breakout aligned with momentum recovery after multiple failed sell attempts. Risk-to-reward is favorable for potential trend continuation toward upper liquidity levels. 🔍 Timeframe: 15-min ⚙️ Tool Used: Leola Lens SignalPro 📘 For learning use only – not financial advice.
Long
by LEOLALENS-OFFICIAL
GBP/JPY 4H Chart Analysis – Bullish Channel Setup📈 Trend: Price is moving in an ascending channel 🔵 Support line below 🔴 Resistance line above --- Key Zones & Levels: 📍 Demand Zone (Buy Area): Between 191.753 – 194.016 Price might bounce here before continuing up 🔵 Likely pullback expected here 🎯 Target Point: 202.500 🚀 If price respects the demand zone, this is the upside target 🟢 Entry Point: Around 193.964 – 194.016 Optimal buying zone before the projected rise ❌ Stop Loss: Below 191.700 🛑 Placed to minimize losses if price breaks down --- Indicators: 📉 EMA (70): Currently at 192.816 ✅ Acting as dynamic support --- Trade Plan Summary: 🔄 Wait for a retracement into the Demand Zone 🛒 Enter long near 193.964 ⛔ Stop loss at 191.700 🎯 Target at 202.500
Long
by Jameshead007
YEN STRIKES BACK- GBPJPY UNDER PRESSURE - POSSIBLE PRICE DECLINESymbol - GBPJPY The GBPJPY currency pair is currently exhibiting signs of a localized bearish trend, influenced in part by a broader correction in the US dollar. As a result, the Japanese yen is gaining strength, applying downward pressure on the pair. Price action is retracing back into a key range and encountering significant resistance levels. The pair has moved below a critical resistance zone and is consolidating within a selling area, suggesting potential for a continued decline toward identified support and liquidity zones. From a technical perspective, the broader trend remains neutral; however, GBPJPY appears to be reacting to a notable resistance level, potentially initiating a corrective pullback. Should bearish momentum persist and the price remain below the 193.45-193.74 resistance band, further downside movement is likely. Key Resistance Levels: 193.45, 193.74, 194.22 Key Support Levels: 193.04, 192.35, 191.65 Sustained consolidation below the 193.45-193.74 resistance zone would confirm bearish control over the range top. In such a scenario, a continuation of the sell-off is anticipated, with price likely targeting the aforementioned support and liquidity zones.
Short
by akshit_official
GBP/JPY Bullish Setup:Targeting194.193 After Demand Zone RetestTrend: 📈 Uptrend inside a rising channel (blue lines). Key Zones: 🟦 Demand Zone: Between 190.400 - 190.700. 🧲 Acts as strong support where buyers previously stepped in. Indicators: 📉 EMA 70 at 190.145 (below price) → bullish support. Price Action: 📍 Current price: Around 191.260. 🔥 Recently touched upper channel resistance and pulled back slightly. Target: 🎯 Target Point: 194.193. Scenario: 🔄 Expecting a small pullback towards the demand zone or channel support. 🚀 Then a bullish continuation towards the target (194.193). Risk Warning: ⚠️ If the price breaks below the demand zone and EMA, the bullish idea might be invalid.
Long
by Jameshead007
“GBP/JPY Supply Zone Short Setup – Precision Entry with 1:2 R:R!Strategy: Short/Sell Setup 🔵 Current Price: 189.536 📉 Trend Bias: Bearish setup forming 🔷 SUPPLY ZONE (Sell Area) 📍 Zone: 190.000 – 190.593 🟦 Marked in blue on the chart ⚠️ Sellers likely to step in here! 🔺 Action: Enter SELL here if rejection confirms 🔴 Bearish candles / wicks are key signals. 🔸 STOP LOSS 🔸 ❌ Above supply zone: 📍 190.593 🛡️ Protects against false breakouts. 🎯 TARGET POINT 🎯 📍 187.501 💰 Strong support zone ✅ Risk:Reward ≈ 1:2+ 📊 Price Movement Projection 🔵 Dotted trendline shows rising support ⚠️ A break of this could trigger the drop ⬇️ Potential fall from supply zone to target 📌 Summary: * 🔼 Wait for price to test supply zone * ⏳ Confirm rejection * 🔽 Target: 187.501 * 🛑 SL: 190.593 * ✅ High R:R setup!
Short
by Jameshead007
GBP/JPY Bearish Reversal Setup–Eyeing Breakdown from Supply Zone1. Supply Zone (Resistance Area) 🟦 Supply Zone: Located around 189.500–190.000 🔺 Price got rejected here multiple times — strong selling pressure. 2. Ascending Trendline Support 📈 Trendline connecting higher lows (marked with yellow dots) 🟡 Support tested multiple times, acting as a rising wedge structure. 3. EMA (7) — Exponential Moving Average ⚫️ EMA (black line) is currently near price — indicating short-term trend stalling. 4. Bearish Breakout Setup 🔻 Anticipated price drop shown with red/orange arrows 📉 If price breaks below trendline: 🎯 Target Point: 186.600 ⬇️ Expected drop: ~1.51% 5. Price Movement Outlook 🔁 Possible minor pullback before breakdown ⛔️ Bearish signal increases if the trendline fails. Summary (with emojis): 📍 Entry Idea: Short near resistance zone (189.500–190.000) ⛓ Trigger: Break of trendline support 🎯 Target: 186.600 ⚠️ Stop-loss: Above 190.000 (above supply zone)
Short
by Jameshead007
GBP/JPY) Bearish analysis Read The ChaptianSMC Trading point update GBP/JPY 2-hour chart outlines a clear bearish setup within a well-defined downtrend. Here's a breakdown of the trading idea: --- Technical Overview: Downtrend Channel: The pair is respecting a downward-sloping channel, with repeated rejections at the upper boundary, confirming bearish control. Resistance Zone (~187.8 - 188.5): Price has reached a highlighted resistance area that aligns with previous swing highs and trendline resistance — marked with red arrows for prior rejections. Bearish Projection: The analysis anticipates a rejection from this resistance zone followed by a downward impulse move. A pullback is expected, but continuation toward the target support zone around 179.150 is likely. Target Zone (~179.150): This level lines up with previous price action and matches the measured move (blue vertical box), adding confluence. EMA 200 (around 190.36): Price is well below the 200 EMA, reinforcing the bearish structure and trend bias. RSI Indicator (~52): RSI is slightly above 50 but not bullish — this neutral reading suggests the pair has room to drop if resistance holds. Mr SMC Trading point --- Trading Idea Summary: Bias: Bearish Entry Zone: 187.8 – 188.5 (resistance) Confirmation: Bearish candlestick pattern or rejection signal Target: 179.150 Invalidation: Break and close above 190.365 (above EMA 200 and prior highs) --- plase support boost 🚀 analysis follow)
Short
by SMC-Trading-Point
Gbpjpy - Buy Setup - It appears you are inquiring about GBP/JPY, the currency pair representing the exchange rate between the British Pound Sterling (GBP) and the Japanese Yen (JPY). This pair indicates how many Japanese Yen are needed to purchase one British Pound. As of March 28, 2025, the GBP/JPY exchange rate was approximately 193.94 JPY, reflecting a decrease of 0.85% from the previous trading session . The GBP/JPY pair is known for its volatility, influenced by factors such as economic indicators, interest rate differentials between the UK and Japan, and geopolitical events. Traders often monitor this pair closely due to its potential for significant price movements. For real-time charts, historical data, and technical analysis, platforms like TradingView provide comprehensive resources . Additionally, financial news outlets such as Reuters offer up-to-date information on exchange rates and market trends . If you have specific questions about GBP/JPY or need further details, feel free to ask.
Long
by KaniSivan
GBP/JPY Short Trade Setup – Bearish Reversal PotentialThis chart represents a GBP/JPY (British Pound to Japanese Yen) 1-hour timeframe trade setup with a clear short (sell) position strategy. Here's a breakdown: Key Levels: Entry Point: 📍 192.894 (near current price 192.771) Stop Loss: ❌ 193.542 (above entry, marking a point where the trade will be exited if it moves against expectations) Take Profit Targets: TP1: 🎯 192.258 TP2: 🎯 191.688 Final Target: 🎯 190.755 Trade Strategy: The trader is anticipating a downward movement in GBP/JPY from the entry zone. Stop loss is placed above recent highs, ensuring risk management. Take profit levels are structured to secure partial profits as the price moves down. Market Context: Current Price: 🟡 192.771 (slightly below entry) If price rejects from the entry zone (192.894) and starts moving down, the trade could play out successfully. A break above 193.542 would invalidate this trade, suggesting further bullish momentum. Conclusion: 📉 Bearish Bias – Expecting a drop in GBP/JPY price 🎯 Risk-Reward Setup Looks Favorable ⚠️ Watch for Rejections at Entry Zone & Market Trends
by Jameshead007
GBP/JPY Trading Strategy - Buy to 194GBP/JPY Trading Strategy - Buy to 194 I. Technical Analysis 1. Overall Trend On the H4 timeframe, GBP/JPY shows signs of a bullish reversal: The price has broken through the previous resistance zone 190.4 - 191.0 and is holding above it. EMA 33 & EMA 50 are starting to slope upwards, indicating an uptrend. Volume is increasing as the price bounces off the support zone. On the D1 timeframe, GBP/JPY is recovering from a correction, aiming for the next resistance zone 194.0 - 194.2. 2. Key Support & Resistance Levels ✅ Strong Support (Potential Buy Zone): 190.2 - 190.4: Newly established support after the breakout. 189.2: Strong support; if broken, the uptrend may be invalidated. ✅ Target Resistance (Take Profit - TP): 194.0 - 194.2: Significant resistance on H4 & D1 charts. ✅ Trend Confirmation Indicators: RSI > 55, not overbought, still has room to rise. Volume increasing on price rise, confirming buyers' control. II. Trade Setup 1. Entry Point BUY entry when price retraces to 190.4 - 191.0. Split orders: 50% of the position at 190.4. Remaining 50% at 190.0 if the price continues to correct. 2. Stop Loss (SL) 189.2: If the price breaks this level, the uptrend is invalidated. 3. Take Profit (TP) TP1: 192.5 → Close 50% of the position and move SL to breakeven. TP2: 194.0 - 194.2 → Close the remaining position. 4. Risk/Reward Ratio (R:R) Average Entry: 190.7 SL: 189.2 (-1.5 pips) TP: 194.0 (+3.3 pips) R:R = 2.2:1 → Favorable risk-reward ratio for swing trading. III. Risk Management & Market Scenarios 🔸 If price moves in our favor: ✅ When the price reaches 192.5, move SL to breakeven to secure capital. 🔸 If price drops to 189.2: ❌ Exit all positions as the uptrend is invalidated. 🔸 Key signals to watch: ⚠️ If price surges past 191.8 without a pullback, consider waiting for a retracement before entering. IV. Conc...... BUY GBP/JPY at 190.4 - 190.0, TP 194.0, SL 189.2. Good R:R ratio (2.2:1), suitable for swing trading. Holding period: Within this week, monitor closely. Welcome Follow Me, Thanks!
Long
by HungDaoGlobalTrading
GBP/JPY Trading Strategy – Short to Target 185I. Technical Analysis 1. Overall Trend On the H4 timeframe, GBP/JPY remains in a downtrend, as indicated by: Lower highs and lower lows. Price trading below both the EMA 50 & EMA 200, confirming bearish momentum. A weak pullback formation, suggesting a continuation of the downtrend. On the D1 timeframe, GBP/JPY is moving within a descending channel, encountering resistance around 191.4 - 192.8 (previous swing high and descending trendline). 2. Key Resistance & Support Levels ✅ Strong Resistance (Sell Zone): 190.2 - 191.45: Confluence of the descending trendline + EMA 50 on H4. 192.8: Major resistance level and a logical Stop Loss placement. ✅ Target Support (Take Profit): 185.2 - 185.0: A strong support zone from the previous low. ✅ Indicators Confirmation: Decreasing volume on price pullback, indicating weakening bullish momentum. RSI below 50, not yet oversold, leaving room for further downside movement. II. Trading Strategy 1. Entry Points Sell GBP/JPY around 190.2 - 191.45 upon price testing resistance. Consider splitting the order: Sell 50% at 190.2 Sell remaining 50% at 191.45 (if price continues upward). 2. Stop Loss (SL) 192.8: A break above this level invalidates the bearish setup. 3. Take Profit (TP) TP1: 187.0 → Close 50% of the position and move SL to breakeven. TP2: 185.2 - 185.0 → Fully close the trade. 4. Risk/Reward Ratio (R:R) Average Entry: 190.8 SL: 192.8 (-2.0 pips) TP: 185.2 (+5.6 pips) R:R = 2.8:1 → Reward is 2.8 times the risk, making this an attractive swing trade setup. III. Risk Management & Market Scenarios 🔸 If Price Moves in Favor ✅ Upon reaching 187.0, move SL to breakeven, ensuring no risk exposure. 🔸 If Price Hits 192.8 ❌ Exit the trade entirely, as the bearish structure is broken. 🔸 Key Observations ⚠️ If price aggressively rises to 191.45 with strong volume, wait for bearish confirmation before entering. IV. Conclusion of me Short GBP/JPY at 190.2 - 191.45, TP at 185.2 - 185.0, SL at 192.8. Strong R:R ratio (2.8:1), suitable for swing trading. Expected Holding Period: Until mid-week, closely monitoring price action. Follow me now, good luck evrybody!
Short
by HungDaoGlobalTrading
2
GBP/JPY Bearish Breakdown – Further Decline Ahead?📉 GBP/JPY Daily Chart Analysis 🔍 Overview: The chart shows GBP/JPY on the 1D timeframe. A bearish outlook is suggested with a projected price decline. The 200 EMA (193.295) is acting as resistance. Current price: 191.906, slightly below the 200 EMA. 📊 Technical Breakdown: Bearish Pattern Formation: Price broke down from a rising wedge (bearish pattern). After a brief retest, it's rejecting the 200 EMA, confirming weakness. Support & Resistance Levels: Resistance: 193.295 (200 EMA). Support zones: 188.000, followed by 184.000. Expected Price Action: The bearish projection suggests further decline towards 188.000 & 184.000. If price reclaims 193.295, it could invalidate the bearish scenario. 🎯 Conclusion: ⚠️ Bearish bias as long as the price stays below the 200 EMA. A drop to 188-184 seems likely unless buyers reclaim key levels. 📌 Watchlist: ✅ Break below 190.000 = Strong sell signal ✅ Reclaim of 193.295 = Bullish invalidation 🚨 Trade cautiously & manage risk! 🚨
Short
by MrStellanSight
1
GBPJPY - TRADING WITHIN TRAINGLE PATTERN FORMATIONSymbol - GBPJPY The GBPJPY is currently trading within a symmetrical triangle pattern and recently experienced an attempt to breach resistance levels and rise. However, the momentum has proven insufficient, as market participants remain skeptical of any bullish movement, primarily due to the actions of the Bank of Japan. The Bank of Japan recently increased its interest rate by 0.25%, marking the highest level since 2008, in response to accelerating inflation and a slowing economy. The central bank has signaled that further rate hikes are possible if inflation continues to rise. From a fundamental perspective, this could lead to a potential decline in the GBPJPY currency pair, although the strength of the British Pound against the US Dollar may mitigate this effect. Technically, the recent attempt to break resistance appears to be a false breakout, with the medium-term outlook influenced by both the technical structure and the Bank of Japan's actions. Key resistance level: 195.00 Key support levels: 192.00, 190.50 It is possible that another attempt to test resistance will occur before a subsequent decline. Traders are increasingly building long positions on the Japanese Yen, which could result in a bearish correction for the currency pair.
Short
by akshit_official
GBPJPY SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD GBPJPY SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
Short
by tradergyan01
3
GBP/JPY 15-Minute Chart AnalysisKey Observations: 1. Descending Trendline Break: - The price has broken above a descending trendline, signaling a potential bullish reversal. 2. Demand Zone: - The price found support near the highlighted demand zone 196.430–196.600. 3. Bullish Setup: - A long trade setup is active, with stop-loss set below 196.168 (extended stop-loss at 195.782) and multiple take-profit targets: - Target 1: 197.271 - Target 2: 198.063 - Target 3: 198.815 --- Trading Scenarios: 1. Bullish Continuation: - If the price sustains above 196.600, it is likely to move toward 197.271. Breaking this resistance level could lead to further upward momentum targeting 198.063 and eventually 198.815. 2. Invalidation of Bullish Setup: - If the price falls below 196.168, the bullish setup will be invalidated, and the pair might retest the previous low near 195.782. --- Trading Plan: - Entry (Buy): Above 196.750, targeting 197.271 (first target) and 198.063 (second target) and 198.815 (third target). - Stop-Loss: Below 196.168 for standard risk or 195.782 for extended risk. --- Stay disciplined with risk management and watch for any signs of rejection near resistance levels. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always conduct your own research and consult a financial advisor before making investment decisions. Trade responsibly.
Long
by PhD_Swingtrader
GJ Key Resistance at 193 – Potential for a Short-Term PullbackThe GBP/JPY (GJ) currency pair has been riding a strong bullish trend over the past weeks, but we are currently approaching a crucial technical level around the 193.00 mark. This level has acted as a significant resistance zone in the past, and recent price action suggests that we could see a potential rejection here, leading to a short-term correction. Key Technical Factors Historical Resistance at 193.00: Looking at the higher timeframes (daily and 4H charts), we can clearly see that the 193.00 level has acted as a strong resistance in the past. The price has tested this zone multiple times without being able to break above it sustainably. With GBP/JPY now retesting this area, the probability of a pullback increases, especially given the overextended bullish momentum. Bearish Divergence: On the 4H chart, there are signs of bearish RSI divergence. While the price has been making higher highs, the RSI is showing lower highs, indicating weakening momentum. This divergence often precedes price reversals or corrections. Fibonacci Retracement Levels: If we take the latest leg of the bullish move from the 187.50 region up to the current high at 193.00, we see that the 50% Fibonacci retracement level sits around 190.25. This could serve as a key support area if the price corrects from the resistance. Psychological Resistance: The 193.00 level also holds psychological significance as traders may be locking in profits, especially after such a strong bullish rally. Coupled with potential profit-taking, the combination of technical and psychological factors strengthens the case for a pullback. Potential Trading Strategy Given these confluences, a short trade could be considered from around the 193.00 level, targeting lower Fibonacci retracement levels for profit-taking. Here's a potential strategy: Entry: Around 193.00 resistance. Take Profit Levels: 191.00 (initial support zone) 190.25 (50% Fibonacci retracement) Stop Loss: Above the previous high at 194.00 to manage risk. This trade idea aligns with the expectation that the market may see a healthy correction before deciding whether to break through the resistance or continue consolidating. Key Risk Considerations Fundamental Factors: Traders should keep an eye on key economic events and news affecting GBP and JPY, such as Bank of England statements or risk sentiment in global markets. Strong bullish news could invalidate this technical setup. Breakout Possibility: If the price breaks above the 193.00 resistance with strong momentum and volume, the bearish outlook could be invalidated. In this case, waiting for a confirmed breakout and retest before re-entering the market would be more prudent. OANDA:GBPJPY FX:GBPJPY FOREXCOM:GBPJPY
Short
by Trading_Zone_3773