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GBPJPY trade ideas

THOUGHTS ON GBP/JPY GBP/JPY 4H - Here is a prime set up for this pair, as you can see we have recently had a higher timeframe break in structure to the upside, suggesting longer term bullishness. I now want to see price pullback into a valid area of interest allowing us to get involved in this market with a more refined entry. Once we see price pullback down into our area of interest this is when we can prepare to go long. We want to see price trade down, clear the area of Demand and then break structure to the upside fractally, this will confirm that enough Demand has been introduced to flip the balance. By breaking the last protected high, it confirms that there is more Demand in the market than there is Supply, as we will begin following the laws of Bullish structure. Breaking highs and protecting lows. ------ You can see to the left the potential trade that could have been taken from last weeks Sunday Sessions video. 14RR
Long
by Lukegforex
GBP/JPY Pulls Back Ahead of January High GBP/JPY pulls back ahead of the January high (198.26) to halt a five-day rally, with the recent weakness in the exchange rate keeping the Relative Strength Index (RSI) below 70. Lack of momentum to push above the 195.70 (61.8% Fibonacci extension) to 196.60 (23.6% Fibonacci extension) region may push GBP/JPY towards the weekly low (193.39), with a break/close below the 192.40 (50% Fibonacci extension) to 193.50 (38.2% Fibonacci extension) zone bringing the monthly low (190.33) on the radar. At the same time, a break/close above the 195.70 (61.8% Fibonacci extension) to 196.60 (23.6% Fibonacci extension) region may lead to a test of the January high (198.26), with the next area of interest coming in around the December high (198.96). --- Written by David Song, Senior Strategist at FOREX.com
by FOREXcom
Gbp/Jpy intra-day Analysis 14-May-25Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
by easyMarkets
GBPJPY - Looking To Sell Pullbacks In The Short TermM15 - Bearish divergence followed by the most recent uptrend line breakout. Lower lows on the moving averages of the MACD. No opposite signs. Expecting pullbacks and bearish continuation until the strong resistance zone holds. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VladimirRibakov
GBPJPY Just Hit the Sweet Spot — High RRR or Fakeout Trap?💷 GBPJPY 30-Min Chart Breakdown — May 14, 2025 This setup is a banger for traders following structure, zones, and risk-reward logic. Let’s dissect the trade logic: 🔍 1. Market Structure Price has been moving within a well-respected ascending channel (see black trendlines). We just printed a short-term bearish pullback, with price dipping into a refined demand zone (highlighted pink/red). The most recent bearish impulse looked like a liquidity sweep, not a structure break. 🧱 2. Smart Money Zone Demand zone aligns with: ✅ Previous OB (order block) ✅ Mid-channel support ✅ Equal lows & trendline liquidity just below Dark gray box = the exact entry block Bulls stepped in right on time — classic mitigation + reaction setup 🎯 3. Risk-Reward Entry: Around 195.380 SL: 195.110 (tight below the block) TP: 196.575 RRR ≈ 1:5 — beautiful sniper entry with minimal exposure and max gain 🧠 4. What to Watch Next Break above 195.900 = confirmation of bullish continuation If price stalls again below midline, re-entry could come after another liquidity push Clean break of 195.100 = invalidation (watch for potential short setups below) 🔁 Trade Management Tips: Trail stops aggressively above 195.900 Scale out partials every 50 pips if you're trading it like a swing Add confluence from DXY/Yen strength for better context This one checks all the boxes: structure, zone, confirmation, and a clean RRR. 🚀 Tag a trader who loves tight stop, high-RR plays. 📲 Follow @ChartNinjas88 for more Smart Money scalps & swing setups!
Long
by ChartNinjas88
Lingrid | GBPJPY potential Short-Term RetracementFX:GBPJPY broke above the March high but immediately reversed, forming a fake breakout paired with bearish divergence. This signals potential exhaustion as the pair sits near the upper boundary of the resistance zone. A pullback toward 194.200 or deeper into the 192 area appears increasingly likely. 📌 Key Levels Support level: 192.338 Invalidation level: Above 196.500 Target area: 194.200 and possibly 192.338 ⚠️ Risks Continued bullish pressure could invalidate the bearish reversal setup A sustained hold above 196 would point to trend continuation toward 198+ Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
7
GBPJPY SHORT FORECAST Q2 W20 D14 Y25GBPJPY SHORT FORECAST Q2 W20 D14 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure. Let’s see what price action is telling us today! 💡Here are some trade confluences📝 ✅Weekly order block rejection ✅Daily order block rejection ✅Intraday 15' order blocks ✅Gap fill 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
GBPJPY H4 | Bullish Bounce Off Based on the H4 chart analysis, the price is falling toward our buy entry level at 193.70, a pullback support that aligns close to the 50% Fibonacci retracement. Our take profit is set at 196.99, a pullback resistance. The stop loss is placed at 191.70 , a pullback support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by Tradu
EDUCATION: Why I’m Still in the GBPJPY TradeWhy I’m Still in the GBPJPY Trade—Even After Hitting the Target Most traders hit a target and run. And honestly? That’s fine. But this time, we’re doing something different. Our GBPJPY trade—entered at 188.813 with a target at 195.170—just did what many doubted: it hit the target. That’s over 630 pips of calculated risk, patience, and pure follow-through. But instead of closing the position and patting ourselves on the back, we’re letting it run. Here’s why: 1. Momentum Isn’t Slowing Down Price action is bullish. Higher highs, clean structure, and no major signs of reversal yet. When the market is walking in your favor, don’t interrupt it just to feel “right.” 2. Smart Traders Let Their Winners Run It’s not just a quote—it’s a survival skill in trading. Letting profits develop is how you avoid the trap of small wins and big losses. This trade is still showing strength, and we’re adapting with it. 3. The Higher Timeframe Story Still Has Room On the daily and weekly charts, GBPJPY could still reach into extended zones. With fundamentals aligning and technicals confirming, why leave early? A Quick Recap: Entry: 188.813 Original Target: 195.170 ✅ Current Action: Letting it ride 🚀 Lessons from This Trade: A plan should include the possibility of more than just your first target. Exit strategy matters just as much as entry. Emotional discipline separates reactive traders from real ones. Would you stay in the trade or take the money and bounce? Let me know—because this is the part where traders split into two camps: the ones who close too early... and the ones who play the full game. Watch the full trade update and analysis now on YouTube.
Long
by TLTurnerTV
GBPJPY Trade Update: New Month, New Momentum?As we flip the calendar into a new month, our GBPJPY swing trade has shown solid progress—reaching 193.030, just over halfway to our final target at 195.170. Originally entered at 188.813, this move has delivered over 400 pips so far, validating the analysis behind the setup. In this phase of the trade, it’s less about jumping to adjust and more about staying focused on trade management and letting the market reveal its next intention. Price is approaching a key zone of interest where momentum often stalls or accelerates, and we’re watching closely for signs of strength—or hesitation. Key insights from this phase of the trade: The power of planning your exit with as much precision as your entry. How end-of-month and new-month flows can trigger volatility. When to lock in partial profits and when to stay patient. With strong bullish structure still intact, the GBPJPY pair is giving us every reason to stay in the trade, eyes on the 195.170 target. Would you hold or secure the bag here? Let me know how you’d play it from this point forward. 📺 Full breakdown and next steps now in the video!
Long
by TLTurnerTV
GBP/JPY Breaks Above 196.00! Continuation or Distribution?Detailed Techno-Macro Analysis – GBP/JPY GBP/JPY has just completed a significant weekly structure breakout, pushing through a key supply zone between 195.00 and 196.30 — an area that historically acted as strong resistance. The breakout occurred via a high-volatility daily candle that closed above the zone, indicating strong bullish pressure. 🔍 Structure & Price Action Price action shows higher lows and higher highs: a clearly defined bullish structure. The breakout originated from an accumulation base, following a false bearish breakout below 188.50 (bull trap). RSI is around 70 on the daily timeframe → strong momentum, but signs of potential exhaustion. 🧠 Key Zones Identified Current weekly supply: 195.00 – 196.80 (being tested) Next resistance: 198.70 – 199.50 (swing high and monthly level) Immediate support: 194.00 – 192.80 (ideal area for pullback and long setups) Structural support: 190.50 – 188.80 Invalidation: Daily close below 191.00 → potential reversal signal 📈 Macro & Fundamental Context 🇬🇧 UK Macro Update Wages rising: +5.5% (above expectations) → could support further monetary tightening Claimant count increasing → early weakness in the labor market Mixed data, but wage growth bias favors GBP strength 🇯🇵 JPY Still Weak BoJ remains ultra-accommodative Verbal interventions from Japanese officials haven’t yet had structural impact 🪙 Retail Sentiment 70% of retail traders are short GBP/JPY, with an average price of 190.59 Only 30% are long, with an average price of 194.65 ➡️ Current price (196.30) is above both → retail squeeze in play. Contrarian setup confirmed. 🧾 COT Report GBP (Non-Commercial Speculators): Long: +3,320 contracts Short: -1,956 contracts ➡️ Net long positions increasing → favorable institutional exposure JPY: Mixed positions, with increases in both long and short → institutional neutrality on the yen 📅 Seasonality – GBP/JPY May is historically bearish on both 5Y and 20Y timeframes: 5Y: -2.52% 20Y: -0.43% Only the 2Y pattern shows a positive return ➡️ Negative seasonality vs. bullish technical structure → conflict worth watching 🔍 Execution Summary The bullish breakout is strong and supported by sentiment and institutional positioning, but price is now entering a potential distribution zone, where profit-taking could increase. 👉 Main scenario: technical pullback toward 194.00–192.80 for possible long entries, targeting 198.50–199.50 👉 Alternative scenario: daily close below 191.00 → bias reversal and bearish continuation
Short
by EdgeTradingJourney
6