BULLSWaiting for price to hit my 4h Poi and crest a reversal before I’m sure to take a buy to Amy for the Liquidity AboveLongby Andy_Col30
NEW PEAKGBPJPY Tendency the price is a long pressure in between 198.552 and 197.956 Turning level : The turning level between198.552 and 197.956 so as long as the price above this level, there will be a new peak resistance level : trade above turning level between 198.552 and 197.956 , the price will rise to 199.996 and 200.934 support level : braking a turning level 198.552, the price will reach the support level of 196.881 and 195.574 corrective level : price will attempt between 198.552 and 197.956 , correct itself before long Longby ArinaKarayi2
gbpjpy short idea a new set of LL and LH are being formed. as long as the previous high isnt broken we should see minimum target 1 hit . this could be the start of a smaller downtrend within the overall trend itselfShortby billiionaire3
ICT Short setup GBPJPY, H4 timeframe, Swing trade👋Hello Traders, Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in GBPJPY for Swing trade. Please refer to the details Stop loss, FVG(Sell Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Shortby ICT_Trader_SB5
ShortPrice is currently at a retest of the most previous low which is also a imbalance which indicates a buy. Price has just rejected from the nearest QP and has the potential to short 250 pips down. GJ is known to move from QP in one day. We are currently in a market pullback/ correction so this position should not be held long. Once we reach the next area of resistance, which is a strong daily resistance, we will buy. Shortby tstephen0102
GBPJPY Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence S / R Level Consolidation Phase in Long Time Frameby ForexDetective7
gj shortthese are my conditions, want to see 1hr close under this entry, then price goes back up to the entry, best higher abit, then on the way down to entry, then enter. Shortby FormedzeusUpdated 5
possibility of downtrend Given that the support range has been broken with strength, the continuation of the downtrend along the indicated path is likely. If the price crosses the resistance range, the green resistance range can change the trendShortby STPFOREX114
GBP/JPY BEARS ARE STRONG HERE|SHORT Hello,Friends! GBP-JPY uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 195.915 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/JPY pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 2211
GBP/JPY BEAR MOVEGBP/JPY is looking to the downside with is breaking the support and the 200 ema. we could see a reversal to the down side what do you guys think?Shortby tourvilledamian5
GBPJPY Sell/ShortNew sell short for GBPJPY sell short. I have a TP for 196.971 set in and a stop loss can be set for 25 pips. Please message me for any questions in regards of this trade. Shortby KingTraderFXUpdated 5
SELLING GBP/JPY 5 JUNE 2024I entered this trade because the candle was at a floor area Shortby luckyjaforever0
Could GBP/JPY reverse from here?Price is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support. Pivot: 199.30 1st Support: 197.45 1st Resistance: 200.69 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets6
GBPJPY Long IdeaHey traders! Looking to long GJ from the 38% fibo, currently lower timeframe structure has now been broken so the short term bias is bearish, however on the daily timeframe GJ is still very bullish. So unless a lower high is formed to indicate more downside and a shift in the structure of this asset bullish is the bias for now on higher timeframes. Noting this, it is worth keeping an eye on the upcoming COT data this Friday, as firms have been adding shorts to the Pound and adding longs to the Yen. Now with the market sentiment covered here is the entry and confluences for the Long: Entry- 197.210 Stop- 45 pips Target- 130 pips (Targeting the previous fibo level) Entry Signal- H12 Sharkfin on TDI Confluences: Key Level 38% Fibo H12 50MA & EMALongby FalkenFxUpdated 1
GBP/JPY Bullish Move ?We can see massive bearish move here. Price reached 197.300 significant zone and I expect to see bullish bounce. Potential bearish zone: 199.400Longby SanShone2215
GBP/JPY Amazing Short Setup Valid To Get 250 Pips !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Short01:15by FX_Elite_Club228
CHART BREAKDOWN GBPJPY: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (low-risk sell zone) spanning from 200.35 and 200.05. Things I Have Seen👀: Important Supply Zone🟢: Identified between 200.35 and 200.05, serving as a low-risk sell. Bearish Targets📉: 199.60: Possible retracement area. 198.90: Possible retracement area. 197.90: Possible retracement area. Ultimate Target: 197.30- Laying Low Liquidity What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Shortby TTradessss118
GBPJPYWe can attempt to short GBPJPY from specified level as it break HL , trendline support , also there is bearish divergence indicate that it moves downward. SL , TP mention in chart.Shortby SignalEdge0
GBPJPY I Potential intraday buy from bottom of the channel Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist 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!Welcome back! Let me know your thoughts in the comments!Long01:55by BKTradingAcademy8
GBP/JPY Faces Downward Pressure Despite Market 'Yenterventions'On Wednesday, GBP/JPY experienced a slight decline, easing to 200.30 but remaining close to multi-decade highs near 200.75. The pair has drifted into bullish territory as markets seem to dismiss potential "Yenterventions" by the Bank of Japan (BoJ), which have yet to be confirmed. Despite speculation about direct intervention in global foreign exchange markets, the Yen continues to weaken. The primary driver behind the Yen's ongoing decline is the substantial interest rate differential between the Yen and other major global currencies. This wide gap in interest rates has kept JPY flows on the short side, as investors seek higher yields elsewhere. Even with repeated warnings from BoJ policymakers, the market continues to sell the Yen, demonstrating limited impact from these interventions. Furthermore, the BoJ's stance and actions have been under scrutiny, as their commitment to maintaining ultra-loose monetary policy contrasts sharply with the tightening cycles observed in other major economies. This divergence in monetary policies exacerbates the Yen's depreciation, as higher interest rates elsewhere attract capital flows away from Japan. From a technical perspective, GBP/JPY shows signs of divergence on the higher time frame charts. This divergence indicates a potential bearish setup, suggesting that the pair might be due for a correction after its recent highs. Technical analysts often use such divergences as early indicators of potential reversals in trend, as they reflect underlying market conditions that may not be immediately apparent in the price action alone. In addition to the technical signals, the broader market sentiment and macroeconomic factors should be considered. The ongoing uncertainty regarding the BoJ's actual interventions and the general risk sentiment in global markets could influence GBP/JPY movements. As such, while the pair currently remains in bullish territory, traders should stay vigilant for signs of a potential reversal, particularly given the mixed signals from both fundamental and technical perspectives. In summary, GBP/JPY has shown resilience near multi-decade highs despite the BoJ's warnings and potential interventions. However, the significant interest rate differential and technical indicators of divergence suggest a possible bearish setup. Investors and traders should closely monitor both the BoJ's actions and broader market trends to navigate this complex trading environment effectively.Shortby FOREXN1Updated 1112
GBPJPY: trend in 4H timeframePlease pay special attention to the accurate trend, and colored levels. Be careful BEST MTby MT_TUpdated 2
GBPJPY Faces Painful Drop, Retail Traders BewareThe GBPJPY currency pair is experiencing significant losses today, along with all other JPY pairs. Long trades have been a safe bet in recent months: in addition to price gains, there was also a positive swap. As is the case with "safe" bets, they eventually burst. The sharp price decline is already putting many margin traders in a difficult position. A look at the sentiment shows that many retail traders are opening new long positions. From our perspective, this is premature and could lead to a rude awakening. A look at the chart shows that the first valid support zone for GBPJPY is only at around 190.70. That is more than 900 pips down from the current level. It's exactly the amount of pain needed to flush many GBPJPY bulls out of the market. Trade safe!Shortby Ochlokrat0