GBPJPY trade ideas
GBPJPY: Price is trading at crucial level, Possible Swing MoveDear Traders,
GBPJPY, price is currently trading at very crucial area from where we can expect price to reverse, currently the price momentum shows a strong bearish presence. This can be a swing sell after looking at the data, price can touch the previous yearly low.
GBPJPY Double Play – Short from Channel Top into Key Buy ZoneCurrently in a short position from the top of the ascending channel (197.600s area), where price tapped into confluence:
• Rising wedge upper trendline
• Key Fibonacci zone (between -27% and 61.8%)
• Extended bullish move with clear signs of exhaustion
Trade Plan – Phase 1 (Sell):
I’m targeting the red box zone as marked on the chart, which aligns with prior structure support around 194.80–194.60, and also sits in a strong Fibonacci pocket (around the 61.8% retracement of the most recent impulse leg).
• Entry (Sell): ~197.600
• TP (Sell): 194.800
• SL: Above 197.750 (wick high)
⸻
Trade Plan – Phase 2 (Buy):
Once price taps into the red box, I’ll flip bias to long for a bullish continuation trade. This zone has acted as demand multiple times and aligns with:
• Lower trendline support
• Fib confluence zone
• Institutional-style stop hunt structure
Looking for a clean bullish signal (engulfing, pin bar, or strong volume reaction) before entering the buy. Expecting price to return to 196.3–197+ on the rebound.
• Buy Limit Zone: 194.800–194.600
• SL: Below 194.200
• TP: 196.300–197.000+
GBPJPY LONG & SHORT FORECAST Q2 W25 D20 Y25GBPJPY LONG & SHORT FORECAST Q2 W25 D20 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📝
✅Daily order block
✅15' order block
✅Intraday breaks of structure
✅4H Order block
🔑 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
GBPJPY Wave Analysis – 17 June 2025- GBPJPY reversed from the resistance area
- Likely to fall to support level 193.65
GBPJPY currency pair recently reversed down from the resistance area between the pivotal resistance level 196.00 (which has been reversing the price from March) and the upper daily Bollinger Band.
The downward reversal from this resistance zone will most likely form the daily Japanese candlesticks reversal pattern Bearish Engulfing - if the price closes today near the current levels.
Given the overbought daily Stochastic, the GBPJPY currency pair can be expected to fall to the next support level at 193.65 (the low of the previous minor correction ii).
GBP/JPY Rejection – Bearish Move ExpectedChart Description (GBP/JPY – 1H Timeframe):
This GBP/JPY chart shows a strong resistance level around 196.566–196.693, where the price has been rejected multiple times (marked by the red arrow). After testing this resistance zone, the price is expected to drop.
The chart suggests a sell setup:
Entry: Near resistance zone (196.566)
Target: Around 193.766 (marked with yellow dotted line)
Stop-loss: Above the resistance at 196.710
The black arrows indicate the expected bearish move from resistance down to support.
Summary:
Price is rejecting a major resistance. Expecting a drop towards 193.766 — possible short opportunity.
GBPJPY. |||. HITTING selling zone soonthe zone followed by a sharp rejection.
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🧠 Smart Money Insight:
Possible SMC-style reaction anticipated:
Liquidity inducement above highs
Sharp rejection from seller zone
BOS (Break of Structure) for confirmation
Right-side inset illustration highlights expected distribution before drop.
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🔎
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🧩 Trading Plan:
Wait for price action confirmation in the supply zone.
Look for M15/H1 shift in structure and strong bearish engulfing patterns.
Risk management is key: Place stop-loss above zone highs.
Lingrid | GBPJPY potential Extension after Bullish BreakoutOANDA:GBPJPY is consolidating just above the key support around 195.05 after bouncing from a higher low and failing to hold the recent breakout above PMH. The bullish structure remains intact within the upward channel, but the pair is currently lacking momentum. If price holds above 195.00 and forms a new bullish wave, a push toward 198.00 remains likely.
📈 Key Levels
Buy zone: 194.80–195.20
Buy trigger: bullish confirmation above 195.60
Target: 198.00
Sell trigger: break below 194.80 with strong volume
💡 Risks
Failure to hold 195 could shift structure to neutral
Extended range may lead to choppy conditions
Yen strength could trigger sudden reversals from resistance
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBPJPY SHORT FORECAST Q2 W25 D17 Y25GBPJPY SHORT FORECAST Q2 W25 D17 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📝
✅Daily order block
✅15' order block
✅Intraday breaks of structure
✅Daily high rejection
🔑 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
GBPJPY Hello traders.
Today's first trade comes from the GBPJPY pair. The trade is currently active on my side, and I’m happy to share it with you as well.
🔍 Trade Details
✔️ Timeframe: 15-Minute
✔️ Risk-to-Reward Ratio: 1:2
✔️ Trade Direction: Buy
✔️ Entry Price: 195.715
✔️ Take Profit: 196.260
✔️ Stop Loss: 195.444
🔔 Disclaimer: This is not financial advice. I’m simply sharing a trade I’ve taken based on my personal trading system, strictly for educational and illustrative purposes.
📌 Interested in a systematic, data-driven trading approach?
💡 Follow the page and turn on notifications to stay updated on future trade setups and advanced market insights.
GBPJPY SHORT FORECAST Q2 W25 D16 Y25GBPJPY SHORT FORECAST Q2 W25 D16 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📝
✅Daily order block
✅15' order block
✅Intraday breaks of structure
✅Daily high rejection
🔑 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
GBPJPY – Golden Pocket Breakout SetupTimeframe: 1H | 🎯 Bias: Bullish Breakout
GBPJPY is testing a key Fibonacci retracement zone (0.5–0.618) from the recent impulse leg (194.00 → 196.195). This golden pocket sits inside strong demand and could launch the next leg higher.
🔍 Technical Confluence
Fib Support Zone: 195.270–195.447 (0.618–0.5)
Price Action: Consolidating near golden pocket, showing rejection wicks
Structure: Higher highs and higher lows intact
RSI: Resetting around 45–50, leaving room for momentum buildup
Next Resistance: 196.200 (previous high), then 197.300 and 198.500
🧠 Fundamental Confluence
GBP Strength Drivers:
BoE's "hawkish cut" tone — restrictive policy to fight sticky inflation
UK macro improving: upcoming GDP & labor data could surprise to the upside
Market pricing less aggressive easing compared to peers = GBP premium
JPY Weakness Factors:
COT RSI at 100% = overbought positioning
BoJ delays normalization to 2027
Risk-on flows (VIX ~16.7) reducing safe-haven demand
Macro Flows: Bullish NASDAQ + stable oil → support GBPJPY upside
Macro Themes:
Oil & NAS100 bullish = supports GBPJPY upside
Market unwinding defensive positions = bullish for GBPJPY
🛠 Trade Plan
📥 Entry Option 1: Buy on bullish reaction from 195.27–195.45 (Fib golden pocket)
📥 Entry Option 2: Break and close above 196.200 (confirmation entry)
🛑 Stop Loss: Below 195.00 (under Fib + recent structure)
🎯 TP1: 196.80
🎯 TP2: 198.00 (measured move)
📌 “Golden pockets don’t lie when fundamentals align.”
GBPJPY at a Turning Point: Triple Top Signals Potential DeclineGBPJPY at a Turning Point: Triple Top Signals Potential Decline
Fundamental Analysis:
GBP is showing signs of weakness against the Japanese Yen following the latest UK employment data. The UK unemployment rate rose to 4.6% for the three months ending in April, while the Claimant Count Change increased by 33.1K in May.
Meanwhile, hawkish expectations for the Bank of Japan (BoJ) continue to strengthen the Japanese Yen.
Technical Analysis:
GBPJPY has encountered strong resistance near the recent highs for the third time, increasing the likelihood of a decline, as seen on the chart. The price action suggests the formation of a triple top pattern, which could trigger a deeper drop from this zone.
Targets:
🎯 194.70 🎯 193.60 🎯 192.40
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❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Price has shown reactions here both as support and resistance.📊 GBPJPY 4H Technical Analysis Overview:
The chart displays a well-structured range-bound market with price moving between key supply and demand zones, suggesting potential for both continuation and reversal setups.
🔹 Key Zones:
Resistance Zone (Supply): 196.300 – 196.700
Price has previously reversed from this area multiple times, indicating strong selling pressure.
Mid-level Support/Resistance Zone: Around 194.300 – 194.800
This zone is acting as a decision point; price has shown reactions here both as support and resistance.
Major Demand Zone: 191.700 – 192.200
Strong historical buying pressure from this level, likely to act as a key support if price drops.
🔀 Price Projections:
Bullish Scenario:
A short-term push towards the resistance zone could occur, testing the 196.500 region before any major move.
Bearish Scenario (Primary Projection):
If price gets rejected from the resistance zone, we may see a bearish reversal breaking through the mid-support zone and eventually targeting the lower demand zone (around 192.000).
📌 Outlook:
Price is currently approaching a critical resistance area. Watch for signs of rejection or confirmation before entering short positions. A clean break below the 194.300 support zone would validate the bearish continuation setup.
Price has shown reactions here both as support and resistance. Chart Analysis Summary:
Timeframe: 1H (1 Hour)
Instrument: GBP/JPY (OANDA broker)
Analysis Type: Price Action / Supply & Demand Zones
🔍 Key Observations:
Supply Zone (Resistance Area):
The top green box (around 196.500 - 196.800) represents a supply zone.
Price is projected to reach this zone before reversing.
This area has historically rejected price, suggesting strong seller presence.
Bearish Projection:
A bearish arrow shows the expectation that price will reverse from the supply zone.
The chartist anticipates a drop after hitting this resistance.
Demand Zone (Support Area):
The bottom green box (around 194.300 - 194.600) marks a demand zone.
It’s the potential target area where price might find support and possibly bounce again.
Market Structure:
The chart indicates a potential lower high formation after price hits resistance.
This structure supports a bearish scenario toward the demand zone.
📉 Trade Idea (Implied):
Sell setup near the 196.600 - 196.800 resistance zone.
Take profit around the 194.400 demand zone.
Risk: Price might break above the supply zone, invalidating the bearish scenario.
GBPJPY| Bullish Shift in ProcessGBPJPY broke its major lower high on the 4H, signaling a shift in directional intent to the upside. While external liquidity remains intact, I’m monitoring for a potential continuation setup.
On the 30-minute timeframe, price broke a significant high and internal structure is now aligned with bullish order flow. I’ve marked a near-term zone where price may pull back into — specifically watching for a sweep of short-term liquidity within an internal order block.
No rush. Just waiting for price to offer a high-probability entry aligned with refined structure and flow.
— Inducement King 👑
Bless Trading!
GBPJPY WEEKLY HTF FORECAST Q2 W25 Y25GBPJPY WEEKLY HTF FORECAST Q2 W25 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.
🔑 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