Get started

JAPANESE YEN / BRITISH POUND

No trades
See on Supercharts
Overview
Ideas
Discussions Technicals Seasonals Economic Calendar

JPYGBP trade ideas

Buy GBP/JPY Triangle BreakoutThe GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle. Target Levels: 1st Resistance – 195.76 2nd Resistance – 196.50 Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
30
GBPJPY BUY | Idea Trading AnalysisGBPJPY is moving in an UP trend channel, is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at The chart broke through the dynamic support, which now acts ... We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
11
GBPJPY NEXT MOVE (expecting a bullish move)(18-12-2024)Go through the analysis carefully, and do trade accordingly. Anup Bias (Mid term) Current price- 194.800 "if Price stay above 193.900 then next target is 195.800 and 198.000 and below that 192.00. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.
by AnupZiddi
2
GBPJPY Analysis - SellGBPJPY Analysis Overview 1. Seasonality: GBP: Bearish — Historical data for this time period shows GBP typically weakens. JPY: Bullish — Seasonal trends favor JPY strength, aligning with a sell bias for GBPJPY. --- 2. COT Report (Commitment of Traders): GBP: 4-week flip indicates a Sell bias. JPY: 4-week flip indicates a Buy bias. Non-commercial long positions are increasing, indicating strong demand for JPY. --- 3. Fundamental Analysis: LEI (Leading Economic Indicator): GBP: Decreasing — Suggests economic slowdown and bearish momentum for GBP. JPY: Range — Neutral economic outlook, but overall supportive of its safe-haven appeal. Endogenous Factors: GBP: Decreasing — Internal economic conditions are weakening, favoring a sell bias. JPY: Increasing — Positive domestic factors support JPY strength. --- 4. Exogenous Factors: GBPJPY: Classified as a Strong Sell due to broader external influences such as global risk aversion and JPY's safe-haven demand. --- 5. Technical Analysis: On the 4-hour chart: There is a visible order block and a fair value gap (FVG) in the price structure. The price has retraced to 50% of the order block, presenting a favorable opportunity to enter a short position. Confluence from bearish market structure and resistance zone further validates the sell setup. --- Bias: Strong Sell Based on seasonality, COT data, fundamentals, exogenous influences, and technical analysis, GBPJPY is poised for a significant downside move. Look for selling opportunities at or near the current resistance levels within the order block.
Short
by asadamalik
4
GBPJPY in a Very Risky Bearish ScenarioGBPJPY in a Very Risky Bearish Scenario The BOJ hasn't supported the JPY for a long time, and it doesn't seem to be doing better now. Without delving deeply into this topic, we can observe that GBPJPY didn't react at all yesterday, even as all GBP pairs increased significantly after the UK data release. Today, the price is getting ready for a bearish breakout from the bullish channel pattern. Considering the hesitation for a bullish wave yesterday, the chances are growing for a bearish wave, despite the high risk it entails. The areas where the price may face strong support are 193.85, 192.90, and 191.00. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Short
by KlejdiCuni
4
GBPJPY // minor long expansionThe market is in a H4/H1 countertrend within the daily minor long trend. I'm waiting for a break of this countertrend and target the H4 breakdown zone (aqua) and the clean daily breakdown (green) - that is happen to be the border of the primary long trend's expansion phase. The idea is valid until the daily impulse base is broken. The H4/H1 countertrend is valid, so it may go further south, testing the daily breakout (blue). ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼
Long
by TheMarketFlow
2
GBPJPY LONG SHOTGBPJPY is moving in an UP trend channel, is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at The chart broke through the dynamic support, which now acts ... We expect a decline in the channel after testing the current level. Great BUY opportunity GBPJPY Traders, if you liked this idea or if you have your own opinion about it, write in the comments I will be glad Thank You
Long
by Zaks_ForexRules
3
GBPJPY - Short GBPJPY Analysis - SHORT 👆 In this Chart GBPJPY DAILY Timeframe: By Nii_Billions. ❤️This Chart is for GBPJPY market analysis. ❤️Entry, SL, and Target is based off our Strategy. This chart analysis uses multiple timeframes to analyze the market and to help see the bigger picture on the charts. The strategy uses technical and fundamental factors, and market sentiment to predict a BEARISH trend in GBPJPY, with well-defined entry, stop loss, and take profit levels for risk management. 🟢This idea is purely for educational purposes.🟢 ❤️Please, support our work with like & comment!❤️ 🟢🟢🟢🟢🟢❤️❤️❤️❤️❤️ MERRY CHRISTMAS ❤️❤️❤️❤️❤️❤️🟢🟢🟢🟢🟢
Short
by Nii_Billions
1
GBPJPY is Holding above the Support , All Eyes on BuyingHello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1
Bearish Pressures on EURUSD and SELL SIGNAL ON GBPJPYFrom the higher time we can spot strong bearish inside pin bar on #EURUSD Pair giving a bearish signal on the lower time frame we can see the price dive down to 1.03385 from the current price of 1.05027 having a stop at 1.05974. For #GBPJPY Pair we can see a strong Bullish momentum as the price hit a major support at 192.87 that pull the price above 194.76 with the target of 199.65 on higher time frame of daily. on lower time frame with this inside pin bar candlestick pattern I see more Entries for bullish continuation.
Short
by Austinet24
1
GBP/JPY "The Guppy" Forex Market Heist Plan on Bullish SideHi there! Dear Money Makers & Robbers, 🤑 💰 Based on Thief Trading style technical analysis, here is our master plan to heist the GBP/JPY "The Guppy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. So Be Careful, wealthy and safe trade. Entry 📈: Acceptable anywhere; I advise placing buy limit orders within a 15-minute Chart. The entry for the Recent/Nearest Low Point should be in pullback. Stop Loss 🛑: Using the 2H period, the recent / nearest low level. Goal 🎯: 198.500 Scalpers, take note: only scalp on the long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Warning : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release. Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style. I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
3
GBP/JPY Bearish Market Analysis Using Elliott Wave TheoryThe daily chart of GBP/JPY indicates a potential bearish trend unfolding in a classic 5-wave Elliott Wave pattern. Here’s the breakdown: Wave (1): The initial downward impulse wave demonstrates significant selling pressure, marking the start of the bearish trend. The decline is steep, indicating strong momentum in favor of the bears. Wave (2): Following Wave (1), a corrective wave retraces upward to approximately the Fibonacci 0.618 level. This retracement aligns with the expected behavior of Wave (2), which typically retraces 50-61.8% of Wave (1). Wave (3): The ongoing Wave (3) is projected to extend significantly lower, aiming for a Fibonacci 1.618 extension near the 184.000 level. Historically, Wave (3) is often the most aggressive and extended wave, driven by heightened bearish sentiment. Wave (4): After reaching the 184.000 level, a minor corrective move upward (Wave 4) is expected. This wave is generally shallow, potentially retracing to the 0.382-0.500 Fibonacci level of Wave (3). Wave (5): The final leg of the bearish trend targets the 2.618 Fibonacci extension, estimated around 177.000. This aligns with the ultimate downside potential of the bearish Elliott Wave cycle. Key Levels to Watch: Resistance Levels: 193.500 (0.236 Fibonacci level) 195.000 (previous high) Support Levels: 184.000 (1.618 Fibonacci extension of Wave 3) 180.000 (psychological level and key support) 177.000 (2.618 Fibonacci extension of Wave 5) Market Sentiment and Trade Strategy: The GBP/JPY pair appears to be forming a strong bearish setup, supported by Fibonacci levels and Elliott Wave projections. Traders may consider: Sell Positions: On retracements to the 0.382-0.500 Fibonacci level of Wave (3). Take Profit Targets: 184.000 and 177.000. Stop Loss Levels: Above 193.500 to mitigate risks. This bearish analysis assumes the pair respects the Elliott Wave structure and Fibonacci levels without invalidation from unexpected market events or strong bullish reversals.
Short
by Bitcoin_King01
1