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Gbpjpyanalysis

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 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
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
GBP/JPY Technical Analysis: Bearish Rejection at Key Resistance?This chart represents a GBP/JPY (British Pound / Japanese Yen) 30-minute timeframe analysis. Here are the key takeaways: Technical Indicators & Levels Exponential Moving Averages (EMAs) 200 EMA (Blue Line): 193.586 – A long-term trend indicator. 30 EMA (Red Line): 193.182 – A short-term trend indicator. Key Levels Resistance Zone (Stop Loss Level): 193.968 Support/Target Zone: 191.628 Current Price: 193.255 (as per the last recorded candle) Trade Setup & Market Structure Bearish Outlook (Sell Scenario) The price is approaching a strong resistance zone (193.968), which aligns with the 200 EMA. The price might reject this level and drop toward the target area of 191.628 (approx. 1.00% downside). The drawn price path suggests a possible retest of resistance before a bearish move. Bullish Reversal (Invalidation of Bearish Setup) If the price breaks and holds above 193.968, it could invalidate the bearish setup and push higher. A sustained move above the 200 EMA may indicate a trend shift to bullish. Conclusion Bearish bias as long as the price stays below 193.968. A possible short trade opportunity if resistance holds, targeting 191.628. Caution: If price breaks above resistance, it could lead to a bullish breakout
Short
by EA_GOLD_MAN_COPY_TRADE
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
GBPJPY SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD GBPJPY SHOWING A GOOD DOWN MOVE WITH 1:5 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
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 UP MOVE WITH 1:5 RISK REWARD GBPJPY SHOWING A GOOD D UP MOVE WITH 1:5 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
Long
by tradergyan01
2
GBPJPY SHOWING A GOOD UP MOVE WITH 1:7 RISK REWARDGBPJPYSHOWING A GOOD UP 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
Long
by tradergyan01
1
A ACCENDING TRIANGLE PATTERN SHOWING ON GBPJPY GBPJPY SHOWING A GOOD UP MOVE DUE TO THESE REASON A. its following a ACCENDING TRIANGLE PATTERNn 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
Long
by tradergyan01
GBPJPY SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK XAUUSD SHOWING A UPWARD MOVE WITH 1:10 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
Long
by tradergyan01
12
GBPJPY SHOWING A GOOD D UP MOVE WITH 1:10 RISK REWARD GBPJPY SHOWING A GOOD D UP MOVE WITH 1:10 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
Long
by tradergyan01