GJ June 18 UpdateWhile there's no confirmation yet for a reversal, I do see a **selling option**. However, a **buying option** is also present if the price first touches support. Ultimately, the price will reach my **target around 190.70** and continue beyond. The support zone for this will, of course, need to be broken.
GBPJPY trade ideas
GBPJPY BUY IDEA- This is a continuation of the buy trade last week. The price has broken above the major resistance on the H4 chart and is now slightly above the previous high on the daily chart.
- We're looking at a retest of the broken resistance for entries for further buys.
For those who missed my previous analysis on it, please revert to my previous idea on GBPJPY buys.
GBP/JPY - Triangle Breakout (12.06.2025)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 194.34
2nd Support – 193.76
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GJ Update - June 14 - 4HI don’t trade triangles, but I don’t ignore them either. A breakout to the upside is possible, but as long as price stays below a key resistance level, my primary bias remains short. Even if price breaks higher, I’ll stay cautious and operate on the 1H timeframe as usual. GJ is known for sharp drops. I expect a clear move within the next two weeks. On Monday, I’ll have a better view on my entry and exit for the week.
GBPJPY: Pullback From Trend Line 🇬🇧🇯🇵
I think that GBPJPY may bounce from a rising trend line
that I spotted on a daily time frame.
As a confirmation, I spotted 2 intraday bullish breakouts:
a violation of a resistance line of a falling channel
and a breakout of a neckline of a cup & handle pattern.
Goal - 195.0
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPJPY Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring GBPJPY for a selling opportunity around 195.600 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which in which it is approaching the trend at 195.600 support and resistance area.
Trade safe, Joe.
GBPJPY Bearish sideways consolidation capped at 109.50The GBP/JPY currency pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a corrective pullback, potentially setting up for another move lower if resistance holds.
Key Level: 196.50
This zone, previously a consolidation area, now acts as a significant resistance level.
Bearish Scenario (rejection at 196.50):
A failed test and rejection at 196.50 would likely resume the bearish momentum.
Downside targets include:
194.20 – Initial support
193.00 – Intermediate support
191.90 – Longer-term support level
Bullish Scenario (breakout above 196.50):
A confirmed breakout and daily close above 196.50 would invalidate the bearish setup.
In that case, potential upside resistance levels are:
197.50 – First resistance
198.30 – Further upside target
Conclusion
GBP/JPY remains under bearish pressure, with the 196.50 level acting as a key inflection point. As long as price remains below this level, the bias favors further downside toward the 194.20–191.90 region. However, a sustained break above 196.50 would shift sentiment bullish, targeting 197.50 and beyond. Traders should watch for price confirmation around 196.50 to assess the next move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBPJPY fromed Symmetrical Triangle Enter on Breakout 🔻 Bias: Bearish
Lower highs and tightening range indicate weakening bullish momentum.
A confirmed break below the 196.345 support could trigger a bearish move.
Downside targets:
TP1: 195.60
TP2: 195.23
🔍 Invalidation:
Bullish breakout above 197.59 would negate this setup and suggest trend continuation.
Strategy: Wait for a clean breakout and retest for confirmation. Use tight SL above the triangle if entering short.
GBPJPY hinting of a weighty 3k pip rise from 195.0. /\GBPJPY has always been resilient for the past 5 years as far its upward trajectory goes -- registering only 3 technical corrective phase since March of 2020 -- then proceeding for further price growth every after corrective seasons.
After touching its parabolic high of 208, pair hibernated healthily back to demand zone to 0.5 fib levels.
Now, the pair is on its 3rd corrective phase since 2020 which has started last July 2024.
Based on our diagram above, this month June 2025 it finally registered its first bear clearance in more than 2 years - conveying of a massive shift in trend. last time this signal surfaced was on April 2023, which has produced a 3000 pips rise thereafter.
Expect some significant ascend series from hereon pricewise after this major shift.
The north journey has started during its low retest of 0.5 FIB levels at 180.0 price zone -- now, already up 1600 pips from that price tap.
This 0.5 fib retest has been historically been a strong support for GBPJPY. This is where most buyers converge based on long term metrics.
More price growth is expected in the next few weeks with weighty targets up there (about 3k pips). Its not overnight but you know the directional context.
Spotted at 195.0
Mid Target previous peak at 208.0
Long term target: 225.
GBPJPY Selling strong from bearish order block📉 GBPJPY Technical Outlook – 4H Chart
GBPJPY has been respecting the ascending channel, but we’re now seeing selling pressure emerging from a bearish order block near 196.100.
🔻 Short-Term Bearish Bias
Key Technical Targets:
🔸 1st Target: 194.200
🔸 2nd Target: 192.300
📌 Potential Reversal Zone:
Bullish order block spotted around 190.200, watch for possible reaction there.
Stay sharp, trade safe!
💬 Like, Follow, and Comment your thoughts –
🔔 Join us for more timely updates and setups!
— Livia 😜
GBP/JPY Revisits 198.08All the way back in 2008, around the Financial Collapse, GBP/JPY posted a massive gap on the monthly chart and here we are, more than 16 years later, and that space on the chart continues to loom large.
The August 2008 close at 198.08 led into the September open at 193.61, and over the past couple of weeks those prices have played a big role in GBP/JPY price action, much as they have since last March when that zone finally came back into play when the gap was finally filled in April of last year.
Last week GBP/JPY had set up an ascending triangle formation, with resistance around the 196.50 area and a progression of higher-lows since April and through May and early-June. Bulls defended 193.61 on a pullback last week, and came back with a vengeance to drive a breakout into this week with that 198.08 level coming back into the picture to set the current highs.
If looking for Yen-weakness, I remain of the mind that this could be a more attractive venue than USD/JPY, further illustrated by the sizable pullback showing in the major pair today compared to the move in GBP/JPY. - js
#GBPJPY: UPDATED VIEW 24/10/2024 **GBPJPY UPDATED VIEW BASED ON PREVIOUS ANALYSIS**
Dear Traders,
I hope you are doing well. Based on our previous analysis of GBPJPY, we identified two potential selling opportunities within the market.
However, the bullish sentiment in the DXY currency pair has had a significant impact on JPY, causing it to fall short of its full value within the daily timeframe. As of today, we have observed a potential exhaustion of DXY’s bullish momentum, with four-hour candles indicating a strong bearish pressure. This development presents an opportunity for JPY to rebound, potentially allowing us to secure substantial profits within the market.
Now, let’s focus on the GBPJPY currency pair. The price has extended its bullish trend, although there is a possibility of a reversal from its current position. We recommend implementing appropriate stop-loss orders for any sell entries taken from the current market price. If the initial entry fails, we are confident that the price is likely to reverse from our second entry.
Before making any decisions based on this analysis, it is essential to conduct your own research. This analysis is solely for educational purposes and should not be considered financial advice.
We appreciate your feedback and support. If you find our work valuable, please consider liking and commenting on our ideas. Additionally, following us will provide us with encouragement and motivation.
Best regards,
Team SetupsFX_
GBPJPY is in the Down Trend From Resistance LevelHello 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
GBP/JPY 2-Hour Chart - OANDA2-hour performance of the British Pound (GBP) against the Japanese Yen (JPY) from OANDA, covering the period from June 4 to July 3, 2025. The current exchange rate is 197.308, reflecting a slight decrease of 0.364 (-0.18%). The chart highlights a recent upward trend with a notable peak followed by a decline, with key price levels marked at 197.471, 197.308, and 196.024.
GBP/JPY Technical Analysis – Targeting 198.80 on Trendline BreakGBP/JPY is currently trading around 194.75, with bullish momentum building after a clean trendline breakout and seems to be testing its support around 194.5 area with a clear market structure. The pair shows signs of institutional accumulation and a potential continuation toward the 198.80 target.
A downward sloping trendline, which capped price since late October 2024, has been decisively broken, indicating a change in sentiment.
Price formed a higher low around 193.62, which now serves as a protected low (your stop loss), supporting the idea of a bullish BOS (Break of Structure).
With momentum aligning and clean imbalance zones above, GBP/JPY could extend toward 198.80 and even further, which aligns with previous supply and fair value gap zones.
As long as price holds above 193.62, the bullish structure remains intact, with further upside likely as liquidity targets above 196.50 and 198.80 come into play.
GBPJPY Will Fall! Short!
Here is our detailed technical review for GBPJPY.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 194.806.
The above observations make me that the market will inevitably achieve 193.727 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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!
GBPJPYUnited Kingdom (GBP)
10-Year Gilt Yield:
4.50%–4.51% (June 19–20, 2025)
Bank of England Interest Rate:
As of June 19, 2025, the Bank of England (BoE) has held the official Bank Rate steady at 4.25%. This decision was made by a 6-3 majority vote of the Monetary Policy Committee (MPC) during its June meeting.
Key Points:
Current Interest Rate: 4.25% (held steady)
Inflation: UK annual inflation stood at 3.4% in May 2025, above the BoE’s 2% target but slightly easing from previous months.
Inflation Outlook: The BoE expects inflation to rise to about 3.7% in Q3 2025 before gradually declining next year.
Economic Growth: UK GDP growth remains weak, with some signs of a softening labor market and moderating wage growth.
Monetary Policy Stance: The BoE maintains a cautious, data-dependent approach, keeping rates restrictive to combat inflation but ready to adjust as economic conditions evolve.
Rate Cuts: Although the BoE held rates in June, markets and analysts widely expect the first rate cut to come in August 2025, with further cuts possible later in the year depending on inflation and growth data.
Geopolitical Risks: Rising tensions in the Middle East and uncertainties over global tariffs could add inflationary pressures, influencing future BoE decisions.
MPC adopted 4.25% (held steady at the June 2025 meeting)
Japan (JPY)
10-Year Japanese Government Bond Yield:
1.44%–1.45% (June 19–20, 2025)
Bank of Japan Interest Rate:
0.50% (unchanged as of May/June 2025)
Summary Table
Country 10Y Bond Yield Policy Interest Rate
United Kingdom 4.50%–4.51% 4.25%
Japan 1.44%–1.45% 0.50%
Interpretation for GBPJPY
The yield and interest rate differentials remain strongly in favor of the British pound. This supports GBPJPY on a fundamental basis, as higher UK yields and rates attract capital relative to Japan’s much lower rates.
The Bank of England is holding rates steady due to persistent inflation, while the Bank of Japan is also on hold but at a much lower level, reflecting Japan’s ongoing low inflation and growth outlook.
#GBPJPY