Big moves in Japanese yen post-election (GBP/JPY)Setup
GBP/JPY - Bearish reversal
Guppy looks to be reversing its long uptrend
- Tweezer top on monthly chart (candle not closed)
- Taken out last month's low
- Rectangle breakdown on daily chart
- Large bodied red daily candles show new bearish momentum
Plan
Fade any rebound towards the breakdown area under 110
Targeting 106
Gbpjpyforecast
GBPJPY - Bullish Channel Retest: Demand Zone Buy SetupHello Traders! 👋
What are your thoughts on GBPJPY?
Price is in a clear uptrend within a rising channel and has pulled back into a marked demand zone / channel support, so the idea is to look for long entries here expecting continuation higher.
Don’t forget to like and share your thoughts in the comments! ❤️
GBP/JPY Price Outlook – Trade Setup📊 Technical Structure
FOREXCOM:GBPJPY GBP/JPY remains within a well-defined ascending channel on the 240-minute timeframe. Price has recently pulled back from the upper resistance band and is now stabilizing around the 212.12–212.61 support zone, which aligns with the channel midline and previous structure support. As long as price holds above this zone, the broader bullish structure remains intact, favouring a continuation higher toward the channel top.
🎯 Trade Setup (Bullish Bias)
Entry Zone: 212.12 – 212.60
Stop Loss: 211.88
Take Profit 1: 214.33
Take Profit 2: 214.86
Risk–Reward Ratio: Approx. 1 : 3.34
📌 Invalidation:
A sustained break and close below 211.88 would invalidate the bullish setup.
🌐 Macro Background
While short-term GBP sentiment remains pressured by UK political uncertainty and expectations of further BoE rate cuts, downside momentum has been limited. At the same time, JPY strength driven by BoJ normalization expectations is increasingly priced in. This divergence supports a range-to-trend continuation structure, where technical support plays a more dominant role in guiding near-term price action.
🔑 Key Technical Levels
Resistance Zone: 214.33 – 214.86
Support Zone: 212.12 – 212.61
Bullish Invalidation: Below 211.88
📌 Trade Summary
GBP/JPY is consolidating above a key structural support within an ascending channel. As long as price holds above the 212.12 area, the bias remains buy-on-dips, targeting a move back toward the upper resistance zone.
⚠️ Disclaimer
This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.
GBPJPY: Look To Buy After CorrectionMarket Structure
• Prior strong bullish leg → created buy-side liquidity above the highs
• Sell-side liquidity swept into the HL / strong low
• From that sweep, price delivered bullish displacement + BOS
• We are now in a bullish corrective phase inside a larger range
🟢Entry: 212.90 – 213.20
SL: Below 211.70 (below strong low)
TP1: 214.00
TP2: 214.50
TP3: 215.00 (buy-side liquidity sweep)
Alternative — Breakout Continuation (Only if no pullback)
Conditions (must all align):
• M15 close above 214.10
• Strong bullish displacement candle
• No immediate rejection wicks
Entry: Buy breakout or retest of 214.00–214.10
SL: Below 213.50
TP1: 214.80
TP2: 215.20
Only trades to take:
✔ Pullback into demand with confirmation
✔ Clean breakout with displacement
Anything else = patience.
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
TheGrove | GBPJPY buy | Idea Trading AnalysisGBP/JPY is trading within a rising channel, with price holding above the Ascending Triangle after a clear bullish and is moving on Resistance area.
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Has GBP/JPY Topped After Moving Average Rejection?🎯 GBP/JPY "THE GUPPY" BEARISH SWING/DAY TRADE SETUP | Multi-Layer Entry Strategy 🔥
📊 MARKET OVERVIEW
Asset: GBP/JPY (The Guppy) - Forex Major Cross
Trade Type: Swing/Day Trade
Direction: 🐻 BEARISH BIAS CONFIRMED
Strategy: Thief Layering Method (Multiple Limit Orders)
🎯 TRADE PLAN BREAKDOWN
📉 BEARISH SETUP CONFIRMED:
✅ Simple Moving Average (SMA) Breakout Detected
✅ Price Rejection at Key Resistance Zone
✅ Overbought Conditions on Multiple Timeframes
✅ Moving Average Acting as "Police Force" Resistance
🚨 ENTRY STRATEGY: THIEF LAYERING METHOD
⚠️ IMPORTANT: This strategy uses MULTIPLE SELL LIMIT ORDERS (Layering Technique)
🎯 Suggested Sell Limit Layers:
Layer 1: 211.500 🔴
Layer 2: 211.000 🔴
Layer 3: 210.500 🔴
💡 PRO TIP: You can add more layers or adjust based on your risk tolerance and account size. This "ladder entry" approach helps average your entry price and reduces timing risk.
Alternative: Market execution at current price levels is also viable if price shows immediate bearish momentum.
🎯 TAKE PROFIT TARGET
Primary TP: 209.000 💰
⚠️ THIEF OG's DISCLAIMER:
This is a suggested target zone. You are your own boss! Take profits when YOU feel comfortable. Scale out partially at psychological levels (210.00, 209.50) if you prefer to lock in gains progressively. Your money, your rules, your risk!
🛑 STOP LOSS
Thief SL: 212.000 ⛔
⚠️ RISK MANAGEMENT NOTICE:
This is a recommended invalidation level. Adjust based on your personal risk tolerance and position sizing. Never risk more than 1-2% of your account per trade. Ladies & Gentlemen, protect your capital first—profits come second!
📈 CORRELATED PAIRS TO WATCH
Direct Correlation Analysis:
GBP/USD (Cable) 🇬🇧💵
Watch for: GBP weakness will amplify bearish move on GBP/JPY
Key Level: Monitor 1.2400 support zone
EUR/JPY 🇪🇺🇯🇵
Correlation: High positive correlation (~0.85)
Use Case: Confirms JPY strength across the board
USD/JPY 🇺🇸🇯🇵
Watch for: JPY strength against USD = stronger confirmation
Key Level: Breaking below 155.00 = JPY bullish momentum
GBP/CHF 🇬🇧🇨🇭
Correlation: Measures pure GBP strength
Use Case: Weakness here confirms GBP leg of our bearish thesis
XAU/USD (Gold) 🥇💵
Risk-Off Indicator: Rising gold = JPY strength (safe haven flow)
Current Zone: Watch $2,750-2,800 resistance
🌍 FUNDAMENTAL & ECONOMIC FACTORS
🇬🇧 GBP FUNDAMENTALS (Bearish Pressure):
Bank of England (BoE): Dovish stance expected; potential rate pause/cut cycle ahead
UK GDP Growth: Slowing economic momentum concerns
Inflation Data: Cooling CPI reduces hawkish BoE expectations
Political Uncertainty: Fiscal policy concerns weighing on Sterling
🇯🇵 JPY FUNDAMENTALS (Bullish Support):
Bank of Japan (BoJ): Shifting away from ultra-loose policy; normalization talks
Yen Strength Drivers: Safe-haven demand amid global uncertainty
Wage Growth: Rising wages supporting domestic inflation = hawkish BoJ pivot potential
Intervention Risk: Japanese authorities monitoring excessive Yen weakness
📅 UPCOMING NEWS CATALYSTS TO WATCH
⚠️ HIGH-IMPACT EVENTS THIS WEEK:
🇬🇧 UK Economic Data:
Manufacturing & Services PMI
Retail Sales Data
BoE Speakers/Minutes
🇯🇵 Japan Economic Data:
Tokyo CPI (leading inflation indicator)
BoJ Policy Meeting Minutes
Trade Balance Data
🌐 Global Risk Sentiment:
US Federal Reserve Statements
Global Equity Market Performance (Risk-On/Risk-Off flows)
Geopolitical Tensions (affects safe-haven demand)
💡 TRADING NOTE: Avoid holding through major BoE or BoJ announcements if day trading. For swing traders, widen stops during high-volatility events.
🔥 TECHNICAL CONFLUENCE CHECKLIST
✅ SMA Breakout (Bearish)
✅ Resistance Rejection at 211.50+ zone
✅ Overbought RSI/Stochastic on H4/Daily
✅ Price Trapped Above Key Support-Turned-Resistance
✅ Momentum Divergence Signals
✅ Volume Confirmation on Reversal Candles
💎 THIEF TRADING PSYCHOLOGY REMINDERS
🧠 Stay Disciplined: Stick to your plan, not your emotions
💰 Manage Risk First: Profits are a byproduct of good risk management
📊 Follow Price Action: Let the market tell you when you're right or wrong
🎯 No FOMO: Missing a trade is better than forcing a bad one
🚀 Scale Your Winners: Let profitable positions breathe with trailing stops
🏆 FINAL VERDICT
The GBP/JPY "Guppy" is showing HIGH-PROBABILITY bearish setup with technical, fundamental, and correlation alignment. The Thief Layering strategy allows flexible entry management while the 209.000 target offers solid risk:reward potential.
Risk:Reward Ratio: Approximately 1:2.5 (based on layer average entry)
👍 If this analysis helps you, smash that LIKE button and FOLLOW for more Thief Strategy setups!
💬 Drop your thoughts below—are you team BEAR or waiting for confirmation?
#GBPJPY #ForexTrading #ThiefStrategy #TechnicalAnalysis #SwingTrading #DayTrading #ForexSignals #PriceAction #RiskManagement #TradingView #ForexCommunity #TheGuppy 🎯📊💰
GBPJPY: Price Reversed, Last Bullish Move? Dear fellow traders,
GBPJPY has been bullish for the past few months and we’re now nearing a point of bullish exhaustion. We believe there’s one final bullish push, likely a 600 to 800 pips move. Two targets are marked by blue horizontal lines. Please manage your risk carefully when trading forex or the gold market.
If you like this trading idea, please like and comment. It encourages us to share more analysis.
Good luck and thanks,
Team Setupsfx_
GBP/JPY Price Outlook – Trade Setup📊 Technical Structure
OANDA:GBPJPY GBP/JPY is currently trading above a well-defined support zone around 212.45–212.63, after a sharp rebound from the recent swing low. Price action shows a strong bullish impulse leg, followed by shallow pullbacks, indicating renewed buying interest.
The market structure suggests a potential bullish continuation. As long as price holds above the support zone, the bias favours a recovery toward the 213.48–213.68 resistance zone. The projected path points to a brief consolidation near current levels, followed by an upside push into the resistance band, rather than an immediate reversal.
🎯 Trade Setup (Bullish Bias)
Entry Zone: 212.45 – 212.63
Stop Loss: 212.35
Take Profit 1: 213.48
Take Profit 2: 213.67
Risk–Reward Ratio: Approx. 1 : 3.08
📌 Invalidation
A sustained break and close below 212.35 would invalidate the bullish setup and signal a deeper downside correction.
🌐 Macro Background
The broader macro backdrop remains supportive for GBP/JPY. The Japanese Yen continues to underperform ahead of the Bank of Japan (BoJ) policy decision, with markets expecting rates to remain unchanged at 0.75%, keeping yield differentials in favour of the Pound.
On the UK side, stronger-than-expected inflation data has reduced expectations for near-term rate cuts by the Bank of England (BoE), lending support to Sterling. Meanwhile, ongoing political developments in Japan, including fiscal expansion plans and the possibility of further inflationary pressure, continue to weigh on the Yen.
In the near term, markets are focused on upcoming UK Retail Sales and PMI data, which could act as short-term catalysts but do not yet negate the prevailing bullish technical structure.
🔑 Key Technical Levels
Resistance Zone: 213.48 – 213.68
Support Zone: 212.45 – 212.63
Bullish Invalidation: Below 212.35
📌 Trade Summary
GBP/JPY is holding above a critical support zone after a sharp rebound. As long as price remains supported above 212.45, the bias favours a buy-on-dips approach, targeting a continuation move toward the upper resistance band.
⚠️ Disclaimer
This analysis is for reference only and does not constitute investment or trading advice. Financial markets involve risk, and traders should manage positions according to their own risk tolerance.
GBP/JPY Price Outlook – Trade Setup📊 Technical Structure
OANDA:GBPJPY GBP/JPY has rebounded strongly from the 212.20–212.30 support zone, forming a clear higher low after a corrective decline. The recovery leg has reclaimed the broken intraday structure, suggesting that downside momentum has eased and buyers are regaining control.
Price is now consolidating above former support, and as long as the pair holds above the key demand area, the structure favours a bullish continuation toward the upper resistance zone. The projected path points to a brief consolidation above support before another push higher, rather than a renewed breakdown.
🎯 Trade Setup (Bullish Bias)
Entry Zone: 212.20 – 212.31
Stop Loss: 212.11
Take Profit 1: 213.03
Take Profit 2: 213.14
Risk–Reward Ratio: Approx. 1 : 3.54
🌐 Macro Background
From a macro perspective, the Japanese Yen remains under pressure following Japan’s announcement of a snap election and expectations that fiscal policy will turn more expansionary. This has weakened JPY sentiment, despite ongoing speculation about future BoJ rate hikes.
Meanwhile, the British Pound is trading cautiously ahead of key UK employment and inflation data. While near-term volatility is possible, the current macro backdrop does not contradict the technical rebound structure seen on GBP/JPY, allowing bullish setups from support to remain valid.
🔑 Key Technical Levels
Resistance Zone: 213.03 – 213.14
Support Zone: 212.20 – 212.31
📌 Trade Summary
GBP/JPY is holding above a well-defined support zone after a corrective pullback. As long as price remains supported above 212.20, the bias favours a buy-on-dips approach, targeting a rebound toward the upper resistance band.
⚠️ Disclaimer
This analysis is for reference only and does not constitute investment or trading advice. Financial markets involve risk, and traders should manage positions according to their own risk tolerance.
GBPJPY: Last 600+ Bullish Push Before Major Swing Sell! HAPPY NEW YEAR 2026🎇
GBPJPY Overview📊
🔺The most significant buying move we anticipate will shape the market. The current price is extremely bullish and is likely to continue building new highs; the buying zone we presented has substantial volume.
🔺The British Pound is likely to remain bullish as it has been since the last few months while the Japanese Yen is likely to continue to depreciate.
Entry, Stop Loss and Take Profit📈👨💻
🔺Enter around the blue-marked zone, set a stop-loss below the buying zone and take profit at 218.
🔺Please like, comment and share which will support us to post such more analysis!
Team SetupsFX_
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_
GBPJPY - Look for Short (SWING) 1:3!Price is weakening after reacting on the weekly timeframe, with a clear bearish confirmation based on the chart pattern formed. A corrective move is possible before any continuation of the bullish trend, if it occurs. Fundamentally, however, the Yen still shows no sign of strengthening at this stage, suggesting the broader bullish trend may remain intact. Let’s see how price action unfolds.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBP/JPY Price Outlook – Trade Setup📊 Technical Structure
OANDA:GBPJPY GBP/JPY is currently consolidating after a strong rebound from the 210.57–210.65 support zone, where buyers have repeatedly stepped in to defend downside moves. Despite recent hesitation below the 211.28–211.34 resistance band, price action continues to respect an ascending trendline, suggesting that the broader bullish structure remains intact.
On the 1-hour chart, the pair is forming higher lows while holding above key support, indicating that selling pressure is limited. As long as GBP/JPY stays above the 210.57 support zone, the technical bias favours a continuation higher toward the upper resistance region. A sustained break below support would invalidate the bullish recovery scenario and shift focus back to consolidation or deeper pullback.
🎯 Trade Setup (Bullish Bias)
Entry Zone: 210.57 – 210.62
Stop Loss: 210.40
Take Profit 1: 211.28
Take Profit 2: 211.34
Estimated Risk-to-Reward: approx. 1 : 3.07
This bullish setup remains valid as long as price holds above 210.40 on an hourly closing basis.
🌐 Macro Background (Simplified)
From a macro perspective, the Japanese Yen has recently found support from hawkish Bank of Japan meeting minutes and a slightly more cautious risk tone in Asia, which has slowed GBP/JPY’s upside momentum in the short term. However, these factors have so far failed to trigger a decisive breakdown, suggesting that Yen strength is more corrective than trend-changing.
Meanwhile, the British Pound remains relatively resilient, supported by stable UK data and the absence of near-term dovish surprises from the Bank of England. As long as risk sentiment does not deteriorate sharply, GBP/JPY is likely to remain bid on dips rather than enter a sustained downtrend.
In short: short-term consolidation, but the broader structure still supports a bullish continuation.
🔑 Key Technical Levels
Resistance Zone: 211.28 – 211.34
Support Zone: 210.57 – 210.65
Bullish Invalidation: Hourly close below 210.40
📌 Trade Summary
GBP/JPY is consolidating below a key resistance zone after a strong rebound, but price continues to hold above an important support area and rising trendline. As long as 210.57–210.62 remains intact, the pair favours a buy-on-dips strategy, targeting a move back toward 211.28–211.34. A clear break below support would invalidate the bullish setup and signal a shift into a deeper consolidation phase.
⚠️ Disclaimer
This analysis is for reference only and does not constitute investment or trading advice. Trading involves significant risk. Always apply proper risk management.
GBP/JPY) Bullish trend analysis Read The captionSMC Trading point update
Technical analysis of GBPJPY – 1H chart using SMC + structure break + support flip.
⸻
Market Context
• Bias: Bullish continuation
• Strong impulsive move up → market entered consolidation
• Structure shows accumulation above key support
• EMA alignment:
• EMA 50 above EMA 200
• EMA 50 acting as dynamic support
⸻
What the Market Did
• After the impulsive rally, price formed a descending corrective structure
• That structure was broken to the upside → bullish BOS
• Price is now holding above a key support zone (blue area)
This signals re-accumulation, not distribution.
⸻
Key Support / Demand Zone (Blue Area)
~210.20 – 210.60
Why this zone matters:
• Previous resistance → support flip
• Multiple reactions (acceptance)
• EMA 50 sitting inside the zone
• Liquidity sweep below support → quick recovery
This is where buyers are defending positions.
⸻
Trade Idea (Continuation Long)
Buy on pullback or buy on confirmation
• Entry: 210.30 – 210.60
• Stop Loss: Below support (~209.90)
• Targets:
• TP1: 211.50 (recent high)
• TP2: 212.60
• Final TP: 213.30 – 213.50 (marked target point / liquidity above highs)
Risk–Reward: ~1:3+
⸻
Confirmation Triggers
Best confirmations:
• Bullish engulfing candle from support
• Strong rejection wick (liquidity grab)
• Lower-TF CHoCH
• Momentum expansion after pullback
⸻
Invalidation
• 1H close below ~209.90
• Acceptance below EMA 50 + support zone
If this happens → bullish continuation idea is invalid, and price may rotate deeper.
⸻ Mr SMC Trading point
Summary
This setup is a classic bullish continuation after consolidation:
• Trend intact
• Structure break
• Support flip + EMA confluence ✔
Please support boost this analysis
GBP/JPY) Bullish trend analysis Read the captionSMC Trading point update
Technical analysis of GBPJPY, 4H), using SMC + Fibonacci + trend structure.
⸻
Market Structure Context
• Overall bias: Bullish
• Price is making higher highs & higher lows
• Respecting an ascending trendline
• EMA confirmation
• EMA 50 above EMA 200 → bullish trend continuation
• Current pullback is corrective, not reversal
⸻
Key Zones (SMC Logic)
• Upper blue zone (~210.20–210.40)
• Previous demand → now acting as mitigated / weak support
• Price already reacted and broke below → not ideal for fresh buys
• Lower blue zone (~208.80–209.30) High-probability demand
• Confluence of:
• Demand / order block
• Trendline support
• EMA 50
• Fibonacci 0.705–0.79 retracement
• Marked with green arrow → main buy zone
⸻
Fibonacci Insight
Measured from recent impulse low → swing high
• 0.5 / 0.62 → reaction zone (minor bounce)
• 0.705 – 0.79 → optimal trade entry (OTE)
→ Institutions often rebalance here
This aligns perfectly with the lower demand zone.
⸻
Trade Idea (Example Plan)
Buy Limit / Buy on Confirmation
• Entry: 208.90 – 209.20
• Stop Loss: Below demand & trendline (~208.20)
• Targets:
• TP1: 210.20 (previous structure)
• TP2: 211.90 – 212.00 (range high / target point)
Risk–Reward: ~1:3 or better
⸻
What Confirms the Trade?
Wait for confirmation inside the zone, such as:
• Bullish engulfing candle
• Long lower wicks (liquidity grab)
• Lower-timeframe BOS / CHoCH
⸻ Mr SMC Trading Point
Invalidation
• Clean 4H close below demand + trendline
• Strong bearish momentum breaking EMA 200
If that happens → bullish idea is invalid.
⸻
Summary
This is a bullish pullback trade:
• Trend continuation
• Strong SMC + Fib confluence
• Patience is key → let price come to you
If you want, I can:
• Refine this into a lower-timeframe entry (15m/5m)
• Or help you journal this
Please support boost this analysis
GBP/JPY Breakout Structure Holds — Bulls Press Higher!🔥 GBP/JPY — “THE BEAST”
📈 Forex Market Trade Opportunity Guide (Swing / Day Trade)
🧭 MARKET BIAS
🟢 Bullish Plan Active
Momentum favors buyers as GBP strength continues against JPY weakness, supported by risk-on sentiment and yield differentials.
🎯 ENTRY STRATEGY
✅ Flexible Entry Allowed
You may enter at any price level, aligning with your own confirmation tools, execution model, or scaling approach.
This setup is designed to adapt across intraday and swing horizons.
🛑 STOP LOSS (RISK CONTROL)
🔴 Reference Stop Loss: 206.800
⚠️ Important Note:
Dear Ladies & Gentlemen (Thief OG’s), this SL is not mandatory.
Adjust your stop loss based on:
Your risk management rules
Position size
Timeframe
Volatility conditions
Capital protection always comes first 💼
🎯 TARGET ZONE (PROFIT MANAGEMENT)
⚡ High Voltage Electric Wall Zone ⚡
📍 Target: 209.000
This zone aligns with:
Strong historical resistance
Overbought market conditions
Liquidity trap potential near highs
💡 Guidance:
Scale out, trail profits, or fully exit near resistance — protect gains and avoid emotional holding.
⚠️ Reminder:
This TP is not a recommendation. You control your exits and your profits.
👀 RELATED PAIRS TO WATCH (CORRELATION WATCHLIST)
💴 JPY Strength / Weakness Confirmation
USD/JPY ( FX:USDJPY )
↳ Acts as a leading sentiment gauge for JPY. Continued USDJPY strength supports GBPJPY upside.
EUR/JPY ( OANDA:EURJPY )
↳ Confirms broader JPY weakness. Bullish structure here strengthens confidence in GBPJPY longs.
💷 GBP Momentum Check
GBP/USD ( FX:GBPUSD )
↳ GBP strength vs USD reinforces bullish pressure on GBP crosses.
GBP/CHF ( OANDA:GBPCHF )
↳ Risk-on proxy. Rising GBPCHF often aligns with aggressive GBPJPY rallies.
🔄 Risk Sentiment Proxy
AUD/JPY ( OANDA:AUDJPY )
↳ Global risk appetite indicator. Strength here confirms carry-trade demand and supports GBPJPY continuation.
🧠 KEY TAKEAWAYS
✔ Bullish continuation favored
✔ Any-price entry model allowed
✔ Major resistance ahead — don’t get greedy
✔ Use correlated pairs for confirmation
✔ Discipline > Emotion
⭐ If this analysis adds value, support with a LIKE 👍, share your view in the comments, and follow for more structured market insights.
Trade smart. Protect capital. Let price do the talking. 📊🔥
GBPJPY_SHORT SELL_15 MIN STRATERGYThe pair has broken out out of Pennant Chart Pattern and has also retested its resistance.
We are expecting a price to go down and an entire Pennant Chart Pattern.
A risk ratio reward is 20 which is a good contract.
Based on analysis
Entry: 208.430 / 208.110
SL: 208.600
TP1: 207.630
TP2: 206.780
TP3: 206.230
TP4: 205.215
A proper risk management should be applied






















