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Gbpjpyanalysis

GBPJPY 15M: Bullish Setup The FVG Discount is Locked and LoadedThe Setup: FVG Mitigation and The Discount Zone Price has returned and is currently sitting within the FVG box (roughly 202.900 - 203.050), signaling the completion of the necessary liquidity gathering (Manipulation/Candle 2). This area provides a premium entry with clearly defined risk. The overall momentum suggests we are looking to join the Distribution phase (Candle 3). The Trading Thesis: Model #1 Confirmation is Key Our strategy is to execute the trade at the start of the final expansionary move. We must now watch for the precise confirmation: a Bullish Model #1 setup or a strong candle rejection inside the FVG. Risk Zone: The most critical level is the CRTL - TS (Control Low / Trend Start) line at 202.814. This level defines the absolute structural low for this current phase. Your Stop Loss (SL) must be placed safely below this point. Primary Target: The liquidity objectives are stacked above! We are initially aiming for the CRTH (Control High) at 203.239, followed by the major price targets at 203.501 and the final objective at 203.572. Patience is your edge! Wait for the rejection, confirm your Model #1 entry, and ride the expansion! 📈💰
Long
by MrYounity
GBP/JPY: Bullish Void Supports Pullback ScenarioFenzoFx—GBP/JPY resumed its uptrend after filling 75% of the daily opening gap on November 5, now trading inside the bearish fair value gap with resistance at 203.10 and 203.50. A bullish liquidity void at 201.30 suggests a potential pullback before further upside. This zone offers a discount entry into the bull market. Technically, the pair is overbought, and going long now carries high risk. A correction toward 201.90 and 201.30 is preferred before considering upside targets. If buying pressure persists, GBP/JPY could tap liquidity above 204.20 and extend toward 205.30.
Long
by FenzoFxBroker
GBP/JPY) Bearish trend analysis Read The captionSMC Trading point update Technical analysis of GBP/JPY (4H timeframe) based on Smart Money Concepts (SMC) and Fibonacci premium zone confluence. Let’s break down the full analysis and idea 👇 --- Overall Concept This setup illustrates a retracement sell idea, expecting GBP/JPY to reverse from a premium Fibonacci zone (0.62–0.79) after a corrective rally. The chart suggests price is likely to reject the supply zone and continue downward toward the 198.820 target point. --- Technical Breakdown 1. Market Structure The overall structure has shifted bearish — price broke a prior higher low, confirming a Change of Character (ChoCH). The move up is seen as a retracement to fill imbalance and mitigate a supply zone before continuation down. The chart shows a lower-high formation in progress, aligning with bearish momentum. 2. Key Levels Current Price: 201.899 50 EMA: 201.561 → currently acting as dynamic resistance. 200 EMA: 201.531 → additional confluence resistance level. Premium Fibonacci Zone (0.62–0.79): 201.80–202.40 (marked by the blue area). This is the ideal sell zone where liquidity above recent highs may be collected before the drop. Target Point: 198.820 — previous demand zone and potential liquidity area. 3. Fibonacci & Supply Confluence The retracement is drawn from the previous swing high to swing low. Price has tapped into the 0.705–0.79 zone, which overlaps with the EMA resistance cluster. Red arrow marks the potential entry trigger area where institutions may enter short. 4. Expected Price Action 1. Price rejects the blue premium zone (0.62–0.79). 2. A bearish rejection candle or engulfing pattern forms. 3. Market structure confirms with a lower low on smaller timeframes. 4. Price continues downward toward 198.820 — the target point and liquidity draw. 5. Volume & Confirmation Volume (37.2K) indicates market participation, aligning with a potential exhaustion of buyers near resistance. The clean liquidity sweep above EMAs supports the bearish mitigation scenario. --- Trade Idea Summary Aspect Detail Bias Bearish Entry Zone 201.80 – 202.40 (Fibonacci 0.62–0.79 + supply area) Stop Loss Above 202.60 (structure invalidation) Take Profit 198.82 (target liquidity zone) Risk-to-Reward (RR) ≈ 1:3 or better --- Confirmation to Watch Bearish rejection candle or engulfing pattern within blue zone Price holding below EMA50/200 Break of internal support confirming bearish continuation Mr SMC Trading point --- Summary GBP/JPY is showing signs of distribution after a corrective pullback into a premium zone. The confluence of Fibonacci retracement, EMA resistance, and structure break supports a bearish continuation toward 198.820, making this a clean retracement sell setup aligned with SMC methodology. --- please support boost 🚀 this analysis
Short
by SMC-Trading-Point
1
GBPJPY: Bullish Reversal Almost Confirmed! GBPJPY has perfectly filled up the liquidity voided area and now it has reversed nicely from that point. This entry is only valid if price breakthrough the inducement line and reconfirm the entry. Once it has completed this step, we can then set the target at 211 level. There can be three target set in this pattern 205,208 and 212. These three levels are key points and you must follow these if you are planning to place swing trade. As always do your own analysis and use this as a secondary bias only. Team Setupsfx_
Long
by Setupsfx_
22
GBP/JPY) Bearish trend analysis Read The captionSMC Trading point update Technical analysis of GBP/JPY, anticipating a retracement into a premium Fibonacci zone (0.62–0.79) before a continuation to the downside — targeting 198.79. Here’s the detailed breakdown --- Overall Idea The market is currently in a bearish structure, and this analysis expects a pullback toward resistance (Fibonacci + EMA confluence) before the next impulsive bearish leg. The plan is to sell from the premium zone with confirmation, aiming for 198.79 as the target point. --- Key Components 1. Market Structure GBP/JPY recently made a strong impulsive drop, confirming a bearish trend. The current upward movement is viewed as a corrective retracement, not a reversal. The analysis expects the pullback to form a lower high around the resistance zone before dropping again. 2. Fibonacci Retracement Zone The highlighted blue zone (0.62–0.79 Fibonacci levels) marks the premium sell area. The red arrow indicates the anticipated reaction point — likely near the 0.705 level. This zone coincides with previous support-turned-resistance, adding confluence. 3. EMA Confluence 50 EMA (200.905) and 200 EMA (201.665) are both above price, sloping downward — confirming bearish momentum. Price is projected to retest these EMAs, which will likely act as dynamic resistance before rejection. 4. Projected Path The drawn path shows price retracing upward, hitting the 0.705 Fibonacci level, then reversing strongly downward. The target zone at 198.79 aligns with a previous demand zone and measured move projection from the earlier impulse. Mr SMC Trading point --- Summary Market bias: Bearish Setup type: Retracement sell / Trend continuation Sell zone: 0.62–0.79 Fibonacci retracement (≈ 200.90–201.70 area) Target point: 198.79 Confirmation: Bearish rejection from the blue zone (candlestick pattern or structure break) Invalidation: Break and close above 201.80 --- please support boost 🚀 this analysis
by SMC-Trading-Point
3
GBPJPY Potentially BearishLooking at the charts, it can be said that OANDA:GBPJPY was in a wide gap consolidation for some time and with this recent breakout, price is attempting a retest of the lower side indicating a potential bearish move. I will however want to see the new found resistance hold and also give a confirmation on the sell before jumping on the train with targets at 197.782 as TP 1 and 193.920 as TP 2 NB: Results are not typical, past results does not guarantee future results, do your due diligence
Short
by Mbjoey
GBP/JPY) Bearish trend analysis Read The captionSMC Trading point update technical analysis of updated GBP/JPY (1H) chart 👇 --- Market Bias: Bearish Continuation Price is still respecting the descending channel and is currently in a corrective phase toward a key supply and confluence zone. The setup suggests another potential lower high forming before continuation to the downside. --- Technical Breakdown: 1. Descending Channel Structure Price remains within a clear bearish channel, creating consistent lower highs and lower lows. The recent bullish push appears to be a corrective leg rather than a reversal. 2. EMA Dynamic Resistance The 50 EMA (200.81) and 200 EMA (201.86) are both acting as dynamic resistance. The zone between these EMAs aligns perfectly with the Fibonacci retracement (0.62–0.79) — a strong area for potential reversal. 3. Fibonacci Retracement Current retracement is testing between the 0.62 (201.0) and 0.79 (201.8) levels. This Fibonacci zone overlaps with previous structure and EMAs — forming a confluence zone for possible bearish rejection. 4. Liquidity Sweep Potential A minor push above the 0.705–0.79 zone may grab liquidity before reversing. This setup hints at a fakeout spike followed by a bearish impulse continuation. 5. Target Zone The next projected move aims for the 198.820 target area, matching the previous swing low and channel support. --- Trade Plan Idea: Entry Zone: 201.0 – 201.8 (0.62–0.79 retracement & EMA confluence) Confirmation: Bearish candle formation or lower timeframe BOS (Break of Structure) Stop-Loss: Above 202.0 (beyond liquidity sweep area) Take-Profit: TP1: 200.0 (psychological level) TP2: 198.8 (target zone) --- Notes: Maintain patience for clear rejection signs at the 201.0–201.8 zone before entering. The overall bearish channel remains intact — bias stays bearish until a clean break and close above 202.0 occurs. Avoid chasing the move early; wait for a liquidity grab confirmation. Mr SMC Trading point Summary: GBP/JPY remains bearish within the descending channel. Price is currently in a pullback toward the 0.62–0.79 retracement zone near 201.8, where strong resistance is expected. A rejection from this area could trigger the next bearish leg toward 198.8. Please support boost 🚀 this analysis
Short
by SMC-Trading-Point
GBPJPY I Short-term scalp and intraday set up from resistanceWelcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this on your watch list and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
GBP/JPY | Bearish Bias Below Pivot ZoneThe market currently maintains a Bearish Bias (a tendency for the price to fall) as the pair has stabilized below the Pivot at 201.22. Stability below this level signifies seller dominance. The analysis suggests a corrective move (a temporary bounce) might occur back towards the $201.22$ Pivot to test it as strong Resistance (an upper barrier), before any further decline resumes. Primary Scenario: Bearish Continuation (While Below 201.22) As long as the price remains below the $201.22$ Pivot level:Bearish momentum is expected to extend. The downside potential is maintained, and traders will target the following Support (Lower Support Line) levels: - Initial Target: $199.29 - Intermediate Target: $198.01 - Main Target: $196.15$ In essence, if $201.22$ holds as Resistance, selling pressure is likely to push the price towards these lower support levels. Alternative Scenario: Bullish Reversal (Above 201.22) If a convincing breakout and stabilization occurs above the $201.22$ Pivot level:This condition could signal a Bullish reversal (a tendency for the price to rise). Market momentum would shift to the upside, opening the path towards the next Resistance (Upper Barrier Line) levels: - Initial Upside Target: $203.43 - Further Upside Target: $204.88
Short
by NouzTrader
GBP/JPY Price Outlook – Trade Setup📊 Technical Structure GBP/JPY is consolidating around the 202.50 zone, rebounding from the 202.32–202.38 support area. The pair faces resistance near 203.14–203.20, which aligns with the upper boundary of the current range. Price structure suggests potential for a short-term rebound if support holds, targeting the resistance zone above. However, failure to defend 202.28 could open a pullback toward 202.00 or lower. 🎯 Trade Setup Entry: 202.38 – 202.32 (support retest) Stop Loss: 202.27 Take Profit: 203.14 – 203.20 Risk-Reward Ratio: ≈ 1 : 7.63 🌐 Macro Background The GBP/JPY pair steadied around mid-202s as investors weigh BoJ uncertainty against UK fiscal concerns. According to FXStreet analyst Haresh Menghani: “BoJ uncertainty continues to underpin the Yen, but UK fiscal risks and BoE rate-cut expectations cap GBP gains.” 【FXStreet】 BoJ Side: Governor Kazuo Ueda reiterated there’s “no preset timing for the next rate hike.” Combined with speculation that Prime Minister Sanae Takaichi may expand fiscal spending, the Yen remains weak. BoE Outlook: Traders price in a 1-in-3 chance of a 25 bps rate cut this week, and a 68% probability of easing by year-end, as inflation cools and wage growth softens. UK Fiscal Risks: Ahead of Finance Minister Rachel Reeves’ Autumn budget (Nov 26), fiscal deficit concerns temper Pound optimism. Overall, the pair’s near-term direction hinges on BoE’s tone later this week — dovish signals could limit GBP/JPY’s rebound, while any hawkish surprise may push the pair briefly above 203.20 before fresh sellers emerge. 🔑 Key Technical Levels Resistance: 203.14 – 203.20 Support: 202.32 – 202.38 Psychological Level: 202.00 📌 Trade Summary GBP/JPY consolidates between 202.30 and 203.20, supported by Yen softness but capped by BoE-related caution. The bullish setup favours buying dips near 202.30 targeting 203.20, with stops below 202.27. Traders should monitor BoE policy cues for confirmation of trend continuation. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
Long
by ATFX_Global
1
GBP/JPY Analysis: “Will This Falling Channel Trigger a Breakout?The GBP/JPY pair is currently trading near 202.40, and the 15-minute chart is showing an interesting technical setup. A clear descending channel (falling wedge pattern) has formed, hinting at a possible upcoming breakout. ✅ Current Market Structure The price is moving between two downward-sloping trendlines. Multiple rejections from both upper and lower boundaries confirm a valid channel. Price is now nearing the upper trendline, tightening momentum with reduced volatility. The 9-period SMA is flattening, showing indecision and a potential trend shift. 🎯 Possible Scenarios Ahead 1️⃣ Bullish Breakout (High Probability if resistance breaks) ✔ Break above 202.70 – 202.80 may trigger buying momentum. ✔ Potential targets: 203.20 203.50 (Top of previous swing) 2️⃣ Bearish Drop (If resistance holds and price rejects) ❌ Rejection from the upper trendline could push price back down to: 202.00 201.60 (lower channel support) Conclusion GBP/JPY is currently squeezed inside a falling channel, but as price approaches the apex of this formation, a breakout seems imminent. Traders should watch the 202.80 resistance zone closely, as a breakout could signal the start of a fresh bullish move.
Short
by forexinworld
Is GBP/JPY Preparing for Another Bullish Lift-Off?🎯 GBP/JPY "The Dragon" Heist Operation | Swing/Day Trade Setup 🐉💰 📊 Market Intelligence Brief Asset: GBP/JPY (The Dragon Pair) Market: Forex Trade Type: Swing/Day Trade Strategy Style: Thief Layer Entry Method 🎭 🔍 Technical Analysis & Setup Bullish Confirmation Detected! ✅ The setup is locked and loaded with Hull Moving Average (HMA) showing a clean pullback and successful retest. The Dragon is coiling up for its next move, and we're positioning ourselves like pros (or thieves, if you prefer the sneaky approach 😏). Current Market Structure: HMA pullback completion ✓ Retest confirmed ✓ Bullish momentum building ✓ 🎯 The Thief's Entry Strategy (Layered Limit Orders) This isn't your average "market order and pray" setup. We're going SMART with multiple buy limit layers to scale in like a professional heist crew! 🏦💼 Suggested Entry Layers: 🎯 Layer 1: 201.000 🎯 Layer 2: 201.500 🎯 Layer 3: 202.000 🎯 Layer 4: 202.500 Pro Tip: You can add MORE layers based on your account size and risk appetite. The more layers, the smoother your average entry price! This is the "Thief style" — we don't rush, we accumulate strategically. 😎 Alternative: If you prefer simplicity, you can enter at any current price level, but layering gives you better risk management! 🛡️ Risk Management Zone Stop Loss: 200.000 (Thief SL Level) ⚠️ IMPORTANT DISCLAIMER: Dear Ladies & Gentlemen (Thief OG's) — I am NOT recommending you blindly follow my stop loss. This is MY risk tolerance. YOU must decide your own risk management based on YOUR account size, risk appetite, and trading plan. Trade smart, not reckless! 🎲 🎯 Target & Exit Strategy Primary Target: 205.000 🚀 Why 205.000? This level acts as a crucial zone where we have: 🚧 Strong resistance (Police Barricade 👮‍♂️) 📈 Potential overbought conditions Trap zone for late buyers Exit Strategy: When we hit the target zone, it's time to ESCAPE with profits before the market reverses! Don't get greedy when the getaway car is waiting! 🏃‍♂️💨 ⚠️ ANOTHER IMPORTANT NOTE: Dear Ladies & Gentlemen (Thief OG's) — I am NOT recommending you blindly follow my take profit either. If you're in profit and happy with your gains, TAKE IT! Your account, your rules, your responsibility! 💯 🔗 Correlated Pairs to Watch Keep an eye on these related markets for confluence and confirmation: Major Correlations: EUR/JPY — Similar JPY exposure, tends to move in tandem with GBP/JPY GBP/USD (Cable) — Shows GBP strength independently USD/JPY — The grandfather of JPY pairs, drives overall yen sentiment AUD/JPY — Risk-on/risk-off indicator DXY (US Dollar Index) — Inverse correlation with GBP and JPY strength Why This Matters: If EUR/JPY and GBP/USD are also bullish, it confirms GBP strength + JPY weakness = better probability for our Dragon trade! 🐉📊 💡 Key Points Summary ✅ Bullish setup confirmed via HMA pullback & retest ✅ Layer entry strategy reduces risk and improves average price ✅ Multiple confirmation levels before target zone ✅ Clear risk/reward structure defined ✅ Correlation analysis with related pairs adds confidence 🎬 Final Thoughts The Dragon is ready to fly, the plan is set, and the layers are positioned. Whether you're a swing trader or day trader, this setup offers flexibility and a professional approach to capturing the move. Remember: patience, discipline, and proper risk management are what separate the pros from the amateurs! Stay sharp, stay profitable, and may the pips be ever in your favor! 🎯💸 ✨ "If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!" #GBPJPY #ForexTrading #TradingView #SwingTrading #DayTrading #ForexSignals #TechnicalAnalysis #HullMovingAverage #PriceAction #ForexStrategy #RiskManagement #TradingIdeas #ForexCommunity #JPYPairs #GBPStrength #LayeredEntry #ForexSetup #TradingPlan #MarketAnalysis #ForexEducation 🏴‍☠️ Trade Like A Thief, Profit Like A Boss! 🏴‍☠️
Long
by The-Thief
GBP/JPY Giving Amazing Bearish P.A , Short Valid To Get 250 PipsHere is my 4H Chart on GBP/JPY , We Have A good bearish Breakout and the price Back below my old res and we have a very good bearish Price Action on 2 And 4 Hours T.F , also the price closed below my C.T.L With clear 4H Candle and that prove that the price will continue to downside for a little and also we have a clear closure below my support and we have a first retest for broken support but i missed it so now i`m looking to sell this pair if the price go up a little to retest the broken support or even broken C.T.L , So if we have a good retest and clear bearish price action we can enter a sell this pair and targeting 100 to 250 pips and if we have a daily closure again above my new res then this idea will not be valid anymore . Reasons To Enter : 1- Perfect Breakout . 2- Clear Bearish Price Action . 3- Bigger T.F Giving Good Bearish P.A . 4 - Perfect 15 Mins Closure . 5- Clear Closure Below My C.T.L .
Short
by FX_Elite_Club
4
GBP/JPY Traders, Don’t Miss This 200 SMA Bullish Setup!🎯 GBP/JPY "Guppy" Bullish Momentum Play | SMA-200 Pullback Setup 🚀 📊 Market Overview Asset: GBP/JPY (Cable vs Yen Cross) Nickname: "The Guppy" 🐟 Trade Type: Swing/Day Trade Hybrid Bias: BULLISH 📈 🧠 Technical Analysis The Setup 🎯 We're eyeing a textbook pullback to the 200 SMA — the institutional magnet that's been holding the bullish structure intact. Price is showing respect at this dynamic support level, and we're positioning for the next leg up. Key Technical Confirmations: ✅ 200 Simple Moving Average acting as dynamic support ✅ Bullish market structure intact on higher timeframes ✅ Momentum favoring upside continuation ✅ Risk-to-reward setup looking juicy 💰 The "Thief Strategy" Entry Method 🎭 Entry Philosophy: Multiple limit orders (layering style) to scale into position like a pro. Think of it as "catching the falling knife" but with style and risk management! 🎯 Entry Zones (Pick Your Poison): Layer 1: 201.000 Layer 2: 201.500 Layer 3: 202.000 Layer 4: 202.500 You can add more layers based on your risk appetite and account size. The goal? Average in as price tests support! 🛡️ Stop Loss: Thief's SL: 200.500 ⚠️ Risk Disclaimer: This is MY stop level based on my strategy. You're the captain of your ship — set your own stops based on YOUR risk tolerance. Don't blindly follow; adapt to your own trading plan! 🎯 Take Profit Target: TP Zone: 206.500 Why this level? Strong resistance confluence ⛔ Potential overbought conditions 📊 Bull trap zone identified 💡 Smart Exit Strategy: Lock in profits progressively! Consider taking partials along the way. Remember, "you can make money, then TAKE money" — don't get greedy! 🔗 Correlated Pairs to Watch Keep an eye on these for confirmation: Direct Correlations: OANDA:EURJPY 💶💴 — Sister pair, similar yen exposure OANDA:AUDJPY 🦘💴 — Risk-on sentiment gauge FX:GBPUSD 💷💵 — Cable strength indicator Inverse Correlations: FX:USDJPY 💵💴 — Yen strength/weakness TVC:DXY (US Dollar Index) 💵 — Overall dollar sentiment Pro Tip: If EUR/JPY and AUD/JPY are also bouncing from support, it confirms broad yen weakness = stronger Guppy setup! 🐟📈 🎓 Key Points to Remember SMA-200 Respect: This ain't just any moving average — institutions watch this level religiously Layering = Risk Management: Don't YOLO your entire position at one price Yen Pairs Move Together: Watch the JPY crosses for confirmation Patience Pays: Let price come to YOUR levels, don't chase Profit Taking is a Skill: Nobody went broke taking profits! 💰 ⚖️ Risk Management Reminder Position size according to your account (1-2% risk max recommended) Each layer should be smaller portions of your total planned position Adjust stops to breakeven after Layer 1 fills and price moves in your favor Trail your stop as price approaches target 🎬 Final Thoughts The Guppy is setting up nicely for a bounce play off the SMA-200. This is a patience game — let the market come to you, execute the plan, and manage risk like a professional thief (the good kind 😉). Remember: This is swing/day trade hybrid, so don't expect instant gratification. Give the setup room to breathe! ✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community! #GBPJPY #Guppy #ForexTrading #SwingTrading #DayTrading #TechnicalAnalysis #SMA200 #PullbackStrategy #ThiefStyle #ForexSignals #TradingSetup #PriceAction #RiskManagement #ForexCommunity #TradingIdeas #JPYCross #BullishSetup #ForexStrategy #TradingView #ChartAnalysis
Long
by The-Thief
GBPJPY – Bearish Divergence Playing Out | Watch the Gap FillGBPJPY is moving perfectly within its symmetrical channel, showing a clean rejection from the 204.00 zone (PDH) — a strong area that has triggered clear selling pressure. Now price is heading toward the 0.618 Fib zone around 200.50–199.80 (Gape still open), where we could expect a short-term reaction. If buyers fail to defend this zone, the next wave of bearish continuation could unfold. 1H Timeframe: We have a crystal-clear bearish divergence in play, confirming weakness as the pair continues to print lower highs and lower lows with strong bearish momentum. Daily Timeframe: Price has shown a strong rejection from the pivot zone, and a gap remains unfilled, suggesting we could see a move lower to fill it before a possible bullish correction. The overall higher-timeframe (daily) structure still leans uptrend, but short-term bias remains bearish until the gap is filled. Key Zones: Resistance: 203.50–204.00 (Supply Zone / PDH) Support: 202.022-201.200 (0.618 Fib Zone) Bias: Short-term bearish | Medium-term bullish after gap fill
Short
by awaisulabdeen
GBPJPY Forming Ascending ChannelGBPJPY is trading within a well-defined ascending channel, and price has recently reacted from the upper boundary with clear signs of rejection. This behavior signals potential profit-taking by buyers around the 205.00 psychological zone, opening room for a corrective leg back toward the channel's midline or even the lower boundary around the 199.50–200.00 zone. As long as price continues to respect this structure, my bias remains short-term bearish within the range but long-term bullish as the overall trend is still intact. Fundamentally, the Japanese yen remains weak due to the Bank of Japan maintaining ultra-loose monetary policy, while the Bank of England continues to hold interest rates higher for longer to control persistent UK inflation. This divergence keeps GBPJPY structurally supported, but short-term sentiment may favor a downside pullback as global risk sentiment cools and traders rotate into safer assets. I’m watching for further confirmation on the daily or 4H chart—any bearish engulfing or break below intraday support would strengthen the sell-side bias. My plan is to trade the pullback toward the lower channel support before looking for fresh long entries once price reaches discounted territory. Structure is clean, liquidity is clear, and the setup aligns with both technical correction and fundamental narrative.
Long
by AndrewsMarket-Mastery
4