GBP /JPY setupThis chart analysis for GBP/JPY (30m timeframe) shows a bullish setup:
Price has been moving within an ascending channel.
A limit buy trade is planned around 199.975, with a stop loss placed below at 199.373, protecting against downside risk.
The projection targets the 200.861 and 201.631 levels, marking the target zone for profit-taking.
The setup suggests anticipation of continued upward momentum, with price expected to break above the channel and reach higher resistance levels.
This is a structured long trade plan with clear entry, stop loss, and target levels.
Gbpjpyanalysis
USDJPY and GBPJPY Analysis todayHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY - Can Bulls Overpower BoJ Hawkishness?🔶 GBP/JPY Price Outlook – Trade Setup
📊 Technical Structure
GBP/JPY rebounded from the 199.32–199.27 support zone, reclaiming ground above 199.45. Price is now approaching the 199.71–199.78 resistance area, which aligns with prior rejection levels and trendline pressure. Momentum remains constructive, but upside may face headwinds given BoJ’s hawkish stance.
📈 Trade Setup
Entry (Buy): 199.27–199.32
Stop Loss: 199.25
Take Profit: 199.71–199.78
Risk/Reward (R:R): ~1 : 5.88
🔑 Key Technical Levels
Resistance: 199.71 / 199.78
Support: 199.32 / 199.27
🌍 Macro Background
The BoE’s cautious stance on rate cuts continues to lend support to Sterling, while expectations for a BoJ rate hike later this year underpin the Yen. Political uncertainty in Japan may delay policy normalization, keeping the pair supported near-term, though hawkish BoJ risks could cap the upside.
📌 Trade Summary
GBP/JPY intraday bias is mildly bullish while above 199.27 support, targeting 199.71–199.78. However, bulls should be cautious of resistance pressure from the BoJ side, which could trigger a sharp rejection if tested.
⚠️ Disclaimer:
This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.
GBPJPYHello friends
Given the upward trend we are having, you can see that the price is stuck in this resistance area and every time it hits it, the price corrects itself. Now that the price has risen from the strong bottom, we need to see if it can finally break the resistance or not?
In case of a valid resistance break, the price can move to the specified targets.
But if this time the price fails to break the resistance and corrects, we will have to see how the indicated support will work.
*Trade safely with us*
GBPJPY - trend exhaustion!! All the signs of the uptrend exhaustion are visible, such as
- inability to make higher highs
- double top formation
- rangebound price action
I am looking for a close below the 50ema and a break/retest of the bottom of the range, to go short.
This is not a trade recommendation; it’s merely my own analysis. Trading carries a high level of risk so carefully managing your capital and risk is important. If you like my idea, please give a “boost” and follow me to get even more.
GBPJPY Forming Bullish MomentumGBPJPY is currently holding just above a strong horizontal support zone near 198.00, where price recently bounced after a brief pullback. Intraday price action shows a breakout from a tight descending consolidation—signaling the potential for bullish momentum to resume. According to technical guidance from ActionForex, the intraday bias remains neutral, but the near-term outlook stays bullish as long as 195.01 support holds. A decisive break above 200.26 would resume the rally toward the next extension level around 204.14.
Community insights also reinforce this structure, noting that if price continues to respect the ascending trendline and convincingly breaks above local resistance (~198.75), we could see a bullish breakout toward 199.20+ levels.
The macro picture continues to support GBPJPY’s bullish case, driven by ongoing policy divergence between the Bank of England and the Bank of Japan. Despite volatility, UK inflation remains sticky, prompting the BoE to maintain restraint on further cuts. In contrast, the Bank of Japan retains its cautious, yield-suppressing stance—which continues to weigh on the yen. This divergence is acting as a tailwind for GBPJPY.
Market dynamics remain sensitive to potential shifts in this divergence—such as additional BoE easing or any hawkish pivot by the BoJ—but for now, the carry advantage and yield differential favor GBPJPY bulls.
GBPJPY presents a high-probability setup that aligns chart structure with macro fundamentals. If the glue holds, bulls remain in control—let's see if the next leg toward 204+ unfolds.
GBPJPY is Holding above the Support After Forming Double BottomHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
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GBPJPY 4H Analysis – Bears Gaining Control Below 199.00GBPJPY has been showing signs of weakness after failing to sustain above the 200.200 resistance zone. On the 4H chart, price has been making lower highs while struggling to stay above the 199.000 psychological level, indicating that the bears are slowly taking over momentum.
Currently, price is trading around 198.350, right at a crucial support area. A clean break and close below 198.000 could open the doors for further downside towards 196.500 – 195.800 zone.
🔹 Zig Zag Indicator confirms the recent shift in structure with a visible descending trendline.
🔹 RSI (14) is hovering around the 40–45 zone, suggesting weakening bullish momentum and room for more bearish pressure.
🔹 Key support sits at 198.000, while immediate resistance remains at 199.500 – 200.200.
📊 Trading Plan
Bearish Bias: Below 198.000, targets at 196.500 / 195.800.
🔻 Break below 198.000 → Targets 196.500 – 195.800
🔼 Only above 200.200 → Bulls may regain strength toward 202.000
Risk management is key! ⚠️
Bullish Scenario: Only a strong breakout above 200.200 with volume can re-ignite bullish momentum towards 202.000+.
⚠️ Always manage risk and watch out for volatility around GBP and JPY economic events.
GBPJPY : IMPORTANTHello friends
You can see that the downward waves are getting longer and the upward waves are getting shorter, which indicates the strength of the sellers, and a triangle has also formed, which compresses the price and can, in the event of a valid failure, go down another downward step, which will become a continuation triangle.
Don't forget risk and capital management.
*Trade safely with us*
GBP/JPY: Key Levels to Watch: 199.53 and 198.3 FenzoFx—GBP/JPY trades sideways after dropping below 198.59. A recent momentum shift formed a bearish order block at 199.53. The outlook stays bearish if price remains below this level.
The 4-hour chart reveals equal lows at 198.3, a key target. For the bearish trend to continue, price must stay under the midpoint of the order block. If selling pressure persists, 197.85 is the next target. A break above 199.53 would invalidate this setup.
#GBPJPY:Will Price Reverse? In our previous idea, we had expressed our point of view on this pair and price did exactly what we had expected. Price dropped 600+ pips and then reversed right back to the entry zone. So what now? We now expect a similar movement while we need to wait for stronger confirmation.
Team Setupsfx
GBP/JPY Gave Fake Breakout , Short Setup Valid To Get 200 Pips !Here is my 2H Chart on GBP/JPY , We Have A Fake Breakout and then the price closed below my old res and we have a very good bearish Price Action on 1 And 2 Hours T.F Also the price trying to retest the area now and giving a good bearish price action on smaller time frames , , So i see it`s a good chance to sell this pair if it go up a little to retest the broken area and then we can sell it and targeting 100 to 150 pips . and if we have a daily closure again above my new res then this idea will not be valid anymore .
possible swing point on GBPJPY Alright, let’s dive into the exciting world of trading, shall we?
So, here's the scoop: we’re on the lookout for potential swing points, those sweet spots where the market might just take a turn. It's like waiting for the perfect wave while surfing—the key is to recognize the signs before riding it out. Typically, one of the best indicators we have is a classic momentum drop. Picture it: as the price rises, there’s a little dip in momentum that signals a shift is on the horizon.
Now, once we spot that drop, we keep our eyes peeled for a lovely shift in price action. That’s our cue! When we see everything aligning just right, we can jump in with a smooth swing entry on this pair. It’s all about catching that rhythm and flowing with the market's natural ebb and flow.
So, dust off those charts and let your creative side take control! Map out your strategies, draw your lines, and visualize your plan of action. Trading is as much an art as it is a science, and every eye you lay on the charts brings you closer to mastering it.
Remember, though, as tempting as it is to get swept away by the possibilities, nothing in trading is guaranteed. Embrace the journey; it's all part of the fun and learning. Let’s see how this plays out together! Happy trading!
GBPJPY – Bears Just Getting Started?1. Market’s Context
In my previous two analyses, I highlighted the high probability of a drop in GBPJPY and noted that as long as resistance holds, the preferred scenario is to look for selling opportunities.
Yesterday, the market finally broke below the 199.00 support, reaching a local low around 198.90.
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2. The Key Question
Was this just the first step of a deeper bearish move?
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3. Why the Bearish Case is Strong
• Resistance remains intact, limiting upside potential.
• Break of 199.00 support confirms bearish momentum.
• Current price action looks more like a corrective rebound than a reversal.
• Structure suggests the decline could just be starting.
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4. Trading Plan
• I remain bearish.
• Selling rallies is back in play.
• Target: the 195.00 zone remains my focus.
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5. Final Note 🚀
GBPJPY has confirmed the break—now it’s all about execution. Sell the rebounds, aim for 195.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
possible shorts on GJ The G-Spot, also known as the OB, is definitely in play here! We've already seen how the previous price levels reacted from a significant 4-hour area of interest. Now, things are getting exciting with a promising EQH just below our potential short area. Let’s keep an eye on this and see if the price makes its way into that zone.
GBPJPY Testing the Ceiling Reversal Risk Looms Near 200.20After a persistent climb back toward the 200.20 resistance zone, GBP/JPY is once again testing its upper boundary. The pair has formed repeated rejection patterns at this level, suggesting that momentum may be stalling. With macro headwinds for the pound and persistent safe-haven demand for the yen, this setup favors downside opportunities if the ceiling holds.
Current Bias
Bearish – GBP/JPY is showing signs of exhaustion at the 200.20 zone with multiple rejections, aligning with both technical resistance and fundamental headwinds for GBP.
Key Fundamental Drivers
GBP: Pressured by slowing UK growth, softer inflation trends, and the Bank of England’s dovish tilt toward rate cuts.
JPY: Supported by safe-haven demand amid tariff and geopolitical risks, while BOJ continues to balance policy dovishness with verbal intervention threats.
Diverging fundamentals favor yen strength over sterling.
Macro Context
Interest Rates: UK rates are expected to drift lower as inflation moderates, while Japan’s ultra-dovish BOJ keeps real yields negative but benefits from haven demand.
Economic Growth: UK faces stagnation risks; Japan’s fiscal and FX stability narrative is keeping JPY demand intact despite weak growth.
Commodity Flows: GBP is not commodity-linked, but global trade tensions weigh indirectly through risk sentiment.
Geopolitics: Ongoing tariff disputes and global risk-off conditions amplify yen’s role as a haven currency.
Primary Risk to the Trend
A sharp rebound in UK data or hawkish BoE pivot could revive GBP strength. Alternatively, sudden BOJ/Ministry of Finance intervention talk could cap yen strength, limiting downside.
Most Critical Upcoming News/Event
UK CPI (this week) – A hotter-than-expected print could stall GBP downside.
Japan CPI/BOJ guidance – Closely watched for hints of intervention or policy shifts.
Leader/Lagger Dynamics
GBP/JPY is a leader in JPY crosses, often setting the tone for risk appetite and amplifying volatility across yen pairs (USD/JPY, AUD/JPY). It influences GBP risk sentiment but is more reactive to yen moves than to sterling strength alone.
Key Levels
Support Levels: 198.73, 197.72, 196.71
Resistance Levels: 200.20, 200.28 (upper rejection zone)
Stop Loss (SL): 200.50 (above rejection zone to protect against false breakouts)
Take Profit (TP):
TP1: 198.73
TP2: 197.72
TP3: 196.71
Summary: Bias and Watchpoints
GBP/JPY remains bearish into the 200.20 resistance zone, where repeated rejection signals exhaustion. With the BoE leaning dovish and yen supported by risk-off flows, the setup favors a downside move targeting 198.73 → 197.72 → 196.71. A protective stop above 200.50 safeguards against breakouts. The main watchpoints are UK CPI and BOJ signals, which could swing sentiment sharply. As a leader among JPY crosses, GBP/JPY will likely dictate risk momentum across related yen pairs, making this level a decisive battleground.
A British Japanese Triangle (GBP/JPY)Setup
Price broke out of a triangle pattern but after a successful test of prior highs at 200 psychological resistance, dropped back to the broken upper trendline of the triangle only to rebound back to the big 200 level.
Signal
The price snapped below its rising trendline on the daily chart as well as a price pivot at 196 - and RSI fell below support from the 50-level before rebounding sharply to form a new multi-week high. A daily close over 200 should confirm the uptrend has resumed.
GBPJPY – Critical Zone Between 199 and 200Last week, I mentioned that I was watching both GBPJPY and EURJPY closely, as a strong drop could be just around the corner.
Given its higher volatility, I chose to open a short on GBPJPY, which I closed Friday with a negligible profit after the pair reversed once more from just under 199.
Despite that, my overall outlook hasn’t changed – in fact, it has been reinforced by yet another failed attempt to conquer the 200 zone.
📌 Trading Plan:
- I’m looking to re-enter short on GBPJPY.
- My initial target remains the 195 zone.
- Confirmation: A daily close under 199 would signal that a top is likely in place.
- Negation: If the market stabilizes above 200, this bearish scenario is off the table.
In other words, GBPJPY is at a critical juncture – either it confirms the top and accelerates lower, or the 200 level finally gives way.
That being said, I’m prepared for the short side. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.






















