GBPJPYThe Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices. The yen weakened 0.3% against the dollar after the rate decision, trading at 155.42 and hitting a one-month low00:28by Shavyfxhub0
Market Structure Analysis of GBPUSD Using SMCOn the 4-hour timeframe, the main is downtrend. On the 1-hour timeframe, the main is uptrend. On the 15-minute timeframe, the price shows a bullish reversal signal. Therefore, there is a possibility that the price will rise and break through the previous high.by quangcttnUpdated 1
General outlook GBPJPY General outlook GBPJPY Support levels are now located at 190.800 and 188.700. If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order. Now, the resistance level is located at 193.600. The upcoming news will not influence your orders within the mentioned period. Some traders may close their positions on Friday, which can add more pressure to the market.Longby FOREXxADVISORUpdated 2
ShortWait for pullback to orange lines and sell this pair and take profits at next support level purple lines around 127 fib level 🤔 However if price breaks thru resistance orange lines wait for pullback and buy back up to where it last soldShortby SETITAND4GETIT0
Check the trend It is expected that the support trend line will be broken and the continuation of the movement trend will proceed according to the specified paths. If the price crosses the resistance range, it will be possible to continue the upward trendby STPFOREX0
GBPJPY SELL ZONEGBPJPY SELL ZONE 🔻 📍 Key Resistance: 195.642 🔹 Price rejection confirms sell pressure at resistance. 🔹 Targeting the key support areas below 194.104 and 193.577. Short Position Setup: 🔸 Entry Confirmation: After trendline break and pullback. 🔸 Bearish momentum active — monitor for continuation signals. 💡 Note: Trade cautiously and manage risk effectively.by FOREXQUEEN_10
Scenario on GBPJPY 12.12.24On this graph, a correction structure has formed beautifully for us, which has reached the price zone of 200, where we have monthly levels and support, we currently have two scenarios here, the first is the bullish one and that is that we will get above the price of 193.900 and we will go to retest the level around prices of 200 or we will not break or hold this zone and a bearish scenario would be possible.Shortby Sony97Updated 0
GBPJPY BUY!!!!GJ sentimental is bullish today, and early morning it just grabbed liquidity of the Asian session low. Now, lets take a long position We first aim for 1:1 the 1:2 after securing some profitsLongby Master-Matt1
GBPJPY-SELL strategy 3 Hourly chartThe pair is short-term overbought, and stochastic is negative. I feel we may see a test of GANN support 194.70 area. Strategy SELL @ 195.30-195.70 area and take profit near 194.27 for now. Shortby peterbokma0
GBPJPY - Bullish Continuation GBPJPY is in advancing phase. No bearish divergence is formed. Ascending channel support further indicates bullish trend continuation.Longby ZubairShah910
GBP/JPY; Bullish Confirmation?This morning (December 16th) we saw clear bullish price movement to break out of the squeeze that has been forming since the end of October. Price moved up towards a significant zone and now we are anticipating a slight pull back where our buy limits (194.411) are expected to trigger. A lot of news coming out this week regarding the British Pound and the Yen, we are hoping/expecting these fundamental catalysts to aid this GJ's technical bullish foundation Longby Randrma1
Possibility of correction The upward trend is expected to continue until the specified resistance levels are formed. Then, depending on the price behavior in this range, there is a possibility of a trend change.Shortby STPFOREX0
GBPJPY MARKET ANALYSIS AND PRICE PREDICTIONGBPJPY , has finished consolidating at the Big boys Renegotiation Zone, Decision is in Favor of the Bulls because price has broken structure upward already. Price is reacting to a FVG by retracing a bit to give the Bulls a Perfect Entry At 61:8% discount. In Few days price will break That Renegotiation mini trend line with a Shift Candle( FVG) and will Head Towards Renegotiation Resistance to Sweep the Buyside Liquidity. Then Price Will Head To Mitigated the Unmitigated Order Block. Don't Miss This Longivity! Entry, Take Profit 1 &2 and Stop Loss Are Clearly Stated On The Chat. GOOD LUCK GREAT PEOPLE! Longby Akpambang1
GBP/JPY Buy 194.400 Stoploss 193.800 Take Profit 195.300Gbp/Jpy London Breakout Daily Breakout in london sessio live in youtube Channel @TrailandTrade UCh7ws3UJjfigc_G4baP4JPAby TrailandTrade2
GBPJPY Long TradeHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. .Longby OptionCallPro0
GBP/JPY BEARS 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 192.537. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals111
Bullish GBPJPYThe price has already broken out of the flag pattern and completed a retest. I also see a bullish engulfing candlestick forming. What are your thoughts? Let me know in the comments!Longby ImtherealSaman2
$GBPJPY Macro analysis Part 1: Bullish Outlook-Target of 250.234OANDA:GBPJPY Long-Term Macro Analysis Part 1: Bullish Outlook with Target of 250.234 My HTF target is 250.234 The weekly and monthly timeframes are trending bullish. A closure above 215.887 is crucial, signaling a potential move back to the 241.501 area. If price reaches this zone, I expect price to trade away before violating the 250.234 high, based on my analysis. These drawings are somewhat beyond my current knowledge. It's important to follow price action on the LTF as it approaches HTF POIs; price will indicate when a reversal is imminent. Focus on my key areas of targets, rejections, or closures rather than my drawings. Also the 177.314 area could also be a little juicy. Based on my current understanding, I see two potential price movements. This is speculative since price is still trending up and hasn’t broken any significant levels to indicate a downward move. Also any future incoming downward movement would likely be a temporary pullback before continuing higher in line with the HTF trend. Price may follow either the white or purple drawing, which will play out over the coming years. I will update my analysis as my skills evolve. This analysis will be valid if we close above 215.887 with a body closure on the HTF weekly/monthly chart. The yellow square is not a valid swing yet, reinforcing the need to follow price rather than relying solely on forecasts. Price will signal when it’s ready to move higher or lower—this is part 1 of my HTF outlook. Quick personal quote regarding price action: When it comes to trading, let price lead the way. It will reveal when to short or continue higher. Your emotions are irrelevant in this technical dance. Let price guide your decisions. Not financial advice, just posting my idea's for archival purposes to look back at later.Longby ChiProactive0
GBPJPY Long or Short PotentialHi Traders! At this moment, I am starting to see we're in a range between 194.000 and 195.000. In order for me to get into this trade again, upside or downside, I need a little more confirmation where price wants to go. If price can break above 195.000 with follow through- I will consider the long. If price breaks below 193.000 with follow through, then I will look for the short. My long target would be around 197.000. This will bring us to another sell stop area. Short target 193.000/192.000. That will bring price to retest the CHOCH area. I've learned that price does like to return to previous CHOCH areas and potentially bounce for the long. Lets see what the market gives us! Patience Pays. *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.*by thattradergirl1
GBPJPY BUYS TO 194.600?Trading Plan for GBP BASELINE 🎯 Current short term sentiment bias and upcoming risk events (previous # & consensus expectations) that can impact said sentiment Current Short-Term Sentiment Bias : - The British pound is trading around $1.276, near a one-month high, driven by expectations of a cautious BoE. - Investors are focused on upcoming UK economic data, particularly GDP and manufacturing production for October, which are expected to show modest growth. Upcoming Risk Events : - GDP (MoM) (Oct): Consensus 0.1%, Previous -0.1% - GDP (YoY) (Oct): Consensus 1.6%, Previous 1.0% - Industrial Production (YoY) (Oct): Consensus 0.2%, Previous -1.8% - Industrial Production (MoM) (Oct): Consensus 0.3%, Previous -0.5% - Manufacturing Production (MoM) (Oct): Consensus 0.2%, Previous -1.0% - Manufacturing Production (YoY) (Oct): Consensus 0.9%, Previous -0.7% - Monthly GDP 3M/3M Change (Oct): Consensus 0.2%, Previous 0.1% SURPRISE ⚡ What outcome of the risk event will surprise the markets based on the baseline Positive Data Surprise : - Outcome: If the data beats expectations across the board, it will likely reinforce market expectations of no rate cuts next week. - Market Reaction: Continued pound strength. - Trade Pair: GBP/JPY - The yield spread between UK and Japan bonds suggests potential upside for this pair. Negative Data Surprise : - Outcome: If the data misses expectations, the pound could weaken as investors speculate on a more dovish BoE outlook. - Market Reaction: Pound weakness. - Trade Pair: GBP/NZD - The yield spread between UK and New Zealand bonds favors a downside move in this pair. BIGGER PICTURE 🌐 Does this outcome changes the larger macro-fundamental bias Macro-Fundamental Bias: - Current Expectation: The BoE is expected to hold interest rates steady at 4.75% at its next meeting on December 19. - Future Outlook: Governor Andrew Bailey has hinted at gradual rate cuts starting in 2025, with markets pricing in three 25-basis-point cuts by the end of next year. - Implications: A positive data surprise would support the current expectation of no immediate rate cuts, while a negative surprise could lead to speculation about a more dovish stance from the BoE.by Midas_Macro2
GBYJPY Strong buyOANDA:GBPJPY In my opnion. Momentum strong buy for today and next week. Target price: 194:500 Longby EdwardRantaiFX0
GBPJPY, H4 ICT Longsetup, Swing Trade and Session Trade👋Hello Traders, Our 🖥️ AI system detected that there is an H4 timeframe ICT Long setup in GBPJPY for session trade (a couple of Hours) Here is a session trade idea (since it is near support surface, we should use small lot size) Please refer to the details Stop loss, Buy Zone,open for take profit. Next Long entry after retracement in any session. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Longby ICT_Trader_SB0