Get started

British Pound / Japanese Yen

No trades
OverviewNewsCommunityTechnicalsSeasonalsEconomic Calendar

In-depth trading ideas


Discover detailed market analysis from traders. See how others approach this instrument, compare different strategies, and discover perspectives that can shape your own view.
Trade ideasMinds
GBPJPY Bullish Momentum Toward 213 The 1-hour GBP/JPY chart shows a clear bullish structure with price respecting an ascending trendline and forming higher highs and higher lows. After bouncing strongly from the marked Demand Zone around 209.00–209.50, the pair continued to climb above the Ichimoku cloud, confirming bullish momentum. Price is currently moving along the rising trendline near 211.70–211.80, suggesting buyers remain in control as long as the trendline holds. If the bullish structure continues, the next short-term targets are 212.00, followed by 212.50, with the main projected target at 213.00. A pullback toward the trendline or the cloud could offer continuation opportunities while maintaining the overall upward bias. 📈
Long
by Alpha_Trade_Scope
11
TheGrove | GBPJPY SELL | Idea Trading AnalysisGBPJPY is moving on Resistance area and is testing the upper boundary of an ascending channel and showing signs of rejection, we may see a corrective move towards lower support zones. We expect a decline in the channel after testing the current level. 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 ⚜️
Short
by TheGrove
9
GBP/JPY | Towards the supply zone (READ THE CAPTION)By analyzing the 2H chart of GBPJPY we can see that it has been on a bullish run and now is being traded at 212.73, failing to go through the Wick (consider Wicks as FVGs) and has not closed above it yet. I expect GBPJPY to retest the Wick soon and try to go through it, if it does so, it can go for supply zone next to test it for the first time. Targets for GBPJPY in case of going above the Wick: 212.90, 213.00, 213.10 and 213.20. However if it fails and drops below the Wick C.E.: 212.50, 212.40, 212.30 and 212.20.
by AmirAliTrading
3
GBPJPY Pullback Before Expansion?GBPJPY is currently retracing after reacting from a major resistance area around 212–214, where sellers stepped in and temporarily slowed the bullish momentum. Despite the recent pullback, the broader market structure still remains bullish, with price continuing to respect the rising trendline that has supported the move since the October lows. Right now, the key area I’m watching sits between 208.5 and 210.0. This zone combines several technical factors: - previous structure support - demand imbalance - intersection with the ascending trendline If price reacts positively from this area, I’ll be looking for signs of bullish continuation toward the liquidity resting above the highs, potentially targeting the 214–216 region. From a positioning perspective, the COT data still shows speculative traders heavily short the Japanese Yen, which continues to support the broader bullish environment for JPY crosses like GBPJPY. At the same time, retail sentiment shows roughly 70% of traders currently short GBPJPY, which from a contrarian perspective reinforces the possibility of further upside if the trend resumes. For now, the scenario I’m monitoring is a controlled pullback into demand before a potential continuation move higher. However, if price breaks decisively below 208, the bullish structure would weaken and the next support area would likely sit around 206–207.
Long
by EdgeTradingJourney
4
GBPJPY – Weekly Chart | Potential Premium Short ScenarioHigher Timeframe Context On the weekly timeframe, GBPJPY has been trending strongly bullish, moving inside a clear ascending channel structure. The market has consistently formed higher highs and higher lows, showing sustained upward momentum over the past year. However, price is now approaching a higher-timeframe supply zone, marked as a Monthly Order Block around the 214–216 region. Areas like this often represent premium pricing relative to the previous trend leg, where selling pressure can sometimes appear. When markets approach major higher-timeframe supply zones after extended rallies, it is common to see temporary corrections or liquidity rotations before the broader trend resumes. Premium Short Scenario If price continues pushing upward into the Monthly Order Block, the zone may act as a potential reaction area. Key resistance zone 214.00 – 216.00 Reasons this zone is important: • Monthly Order Block / supply area • Upper boundary of the ascending channel • Premium pricing relative to recent weekly structure • Potential liquidity resting above recent highs This combination can sometimes create a short-term reaction or corrective move. Possible Price Development One possible market scenario could be: Price pushes slightly higher into the Monthly Order Block zone. Liquidity above recent highs may be taken. A corrective move develops as the market rotates toward lower imbalance areas. Such moves are common when price reaches major higher-timeframe supply levels. Potential Downside Liquidity Areas If a reaction develops from the premium zone, nearby areas of interest may include: Area 1 203.00 – 205.00 Weekly Fair Value Gap + Order Block zone. Area 2 188.00 – 191.00 Lower weekly imbalance and previous demand reaction. These zones represent discount areas relative to the current premium pricing. Confirmation Factors Traders Often Watch Rather than anticipating a reversal, traders sometimes wait for confirmation such as: • Bearish rejection candles inside the supply zone • Lower-timeframe structure shift • Failure to hold above recent highs • Retest of supply acting as resistance Alternative Scenario (Bullish Continuation) If price breaks and holds above the Monthly Order Block, the bearish scenario may weaken. In that case, GBPJPY could continue higher toward new highs above the channel, where additional liquidity may exist. Summary The weekly chart shows a strong bullish trend approaching a major higher-timeframe supply zone. A possible scenario is: Price taps the Monthly Order Block (214–216) and produces a corrective move toward lower imbalance zones before the market decides its next direction. Disclaimer: This analysis is for educational purposes only and represents a possible market scenario, not financial advice. Always conduct your own research and manage risk appropriately.
Long
by Selena_FX_Trader
4
GBPJPY - Consolidation before distribution. Trigger 211.6 The currency pair is staying within the boundaries of the uptrend. The rebound from the trend support is having a positive effect on the currency pair's growth. The Japanese yen continues to weaken against the strong dollar. Against this backdrop, the pound is gaining ground and is poised to continue its growth. The currency pair is storming the resistance level of 211.6 as part of consolidation. Steady upward movement and a weak Japanese yen could lead to a breakout of this resistance level, followed by a rally to 213.6 - 214.3. Resistance levels: 211.6, 212.1 Support levels: 210.7, 209.55 A breakout of the resistance range and consolidation in the channel between 211.6 and 212.12 could support the currency pair, which in turn could trigger a rally to 213.6. Best regards, R. Linda! Translated with DeepL.com (free version)
Long
by RLinda
6
GBP/JPY Breakout Done , Ready To Get 200 Pips ?Here is my 4H Chart on GBP /JPY , We Have A Clear Breakout and the price closed above my old res and new support and we have a very good bullish Price Action on 1 And 2 And 4 Hours T.F Also , the price will try to retest the area @ 212.000 and if it give us a good bullish price action on smaller time frames we can enter a buy trade and we can targeting from 100 to 200 pips . and we have a daily closure above the broken res so we are sure it`s not a fake breakout , and if we have a daily closure again below my new res then this idea will not be valid anymore . Entry Reasons : 1- Clear Breakout 2- Many T.F Confirmations . 3- Perfect Price Action
Long
by FX_Elite_Club
2
GBP/JPY Ready To Go Up And Give Us 200 Pips ,Are You Ready ?Here is my 4H Chart on GBP /JPY , We Have A Clear Breakout and the price closed above my old res and new support and we have a very good bullish Price Action on 1 And 2 And 4 Hours T.F Also , the price will try to retest the area @ 210.000 and if it give us a good bullish price action on smaller time frames we can enter a buy trade and we can targeting from 100 to 200 pips . and we have a daily closure above the broken res so we are sure it`s not a fake breakout , and if we have a daily closure again below my new res then this idea will not be valid anymore . Entry Reasons : 1- Clear Breakout 2- Many T.F Confirmations . 3- Perfect Price Action
Long
by FX_Elite_Club
2
GBPJPY has strong breakout from ascending triangle pattern🚀 GBPJPY Trade Setup – 30M Timeframe 🚀 📈 Bullish Momentum on GBPJPY! GBPJPY has delivered a strong breakout from an ascending triangle pattern, confirming the continuation of the bullish trend. Price is currently buying from the support area near 211.400, which could drive the pair higher in the short term. 🎯 Technical Target: 🥇 TP1: 212.000 📊 Timeframe: 30 Minutes ⚠️ Risk Management Reminder: Always trade with proper risk management and wait for confirmation before entering the market. Never risk more than you can afford to lose. 💬 Do you think GBPJPY will continue its bullish move? 👍 Like | 🔔 Follow | 💬 Comment | 🔄 Share
Long
by ExpertTraderASK
2
GBP/JPY Weekly Market OutlookThe chart shows GBP/JPY on the weekly timeframe moving inside a rising channel that started around 2021. Price has been consistently making higher highs and higher lows, indicating a strong bullish structure. 🔺 Current Market Structure Price is approaching a major resistance zone between 224.5 – 228.1. This level aligns with a historical resistance area where the market previously reacted. The top of the ascending channel also intersects near this zone, increasing the probability of a rejection. ⚠️ Potential Rejection Scenario If price rejects from the 224 – 228 resistance zone, the chart suggests a large corrective move downward. Expected path: Initial drop toward 162.5 – 156.2 support zone. This area is a strong historical demand zone where buyers may step in. 🔁 Possible Temporary Bounce From 156 – 162, a short-term bullish retracement may occur. However, the broader projection suggests this bounce could be temporary before another major sell-off. 📉 Long-Term Bearish Projection After the retracement, the chart anticipates a larger macro downtrend, potentially pushing price significantly lower in the long term.
by Ttrade-With-Logic
1
GBP/JPY | IFVG Retest (READ THE CAPTION)By analyzing the 2H chart of GBPJPY we can see that after it went inside the Feb 2nd NWOG and above the NWOG C.E. at 212.12, it dropped in price, going as low as 209.18, and it recovered after hitting that low, currently being traded at 210.40, after retesting the IFVG Low and dropping again. GBPJPY went inside the IFVG Zone several times, going above the NWOG C.E. twice but failed to stabilize there each time. If GBPJPY manages to hold itself above the 210.26, we can see it go to retest the IFVG once more, in that case the targets will be: 210.55, 210.65, 210.75, 210.85 and 210.95. If it fails to hold above the 210.26: 210.10, 210.00, 209.90 and 209.80.
by AmirAliTrading
1
GBPJPY 4H – Bullish Structure Holding Above PDH | Ichimoku + LuxGBPJPY 4H – Bullish Structure Holding Above PDH | Ichimoku + LuxAlgo SMC GBPJPY continues to show strong bullish momentum on the 4H timeframe. After a clear Break of Structure (BOS), price is forming higher highs and higher lows while holding above the previous daily high (PDH). This analysis combines Ichimoku Cloud with LuxAlgo SMC structure signals. • Price is trading above the Ichimoku cloud, suggesting bullish continuation. • Tenkan-sen is currently acting as dynamic support. • LuxAlgo SMC recently identified a bullish BOS, confirming a shift in market structure. Key levels to monitor: Support zone 212.60 – 212.90 (PDH / pullback area) Equilibrium 211.50 area Upside liquidity 213.80 – 214.20 zone Strategy concept: The approach combines Ichimoku trend confirmation with LuxAlgo SMC market structure signals such as CHoCH and BOS. Alerts help detect early changes in structure while the cloud provides the broader trend direction. As long as price remains above PDH and cloud support, the bullish structure remains valid. Feedback from the community is always appreciated as I continue learning and sharing ideas.
Long
by AquaOrb
2
GBPJPY Short-Term Bullish SetupGBPJPY Short-Term Bullish Setup GBPJPY is moving in a well-defined uptrend. After every small correction, as we can see from the price action, GBPJPY resumes the uptrend. It is likely to repeat the same old pattern. The volume may not be as high, but it could work well as a short-term trade with a target of 213.00. Currently the Bank of Japan is not expected to hike rates this week by giving another reason to the market participants to push the price up even more these days. You may find more details in the chart. Thank you and good luck! 🍀 ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
Long
by KlejdiCuni