From Loss to Opportunity: The GBPJPY Comeback Trade U Can’t MissWe’re back with an update on GBPJPY, breaking down our lessons learned from a stopped-out trade and how we re-entered smarter and stronger.
See how we use precise risk management, volume analysis, and Fibonacci tools to set up a 3:1 reward-to-risk ratio trade.
This update covers everything from identifying key levels to avoiding common pitfalls. Watch now to see why capital preservation is the cornerstone of long-term trading success!
GBPJPY
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
GBPJPY: The Big Drop No One ExpectsWhat’s up, traders! Back with another GBPJPY breakdown and update. If you’ve been following my previous videos, you know we’ve been tracking a massive opportunity for a potential drop. This week, the market is playing right into our analysis.
🚀 Quick Highlights:
• We caught 90+ pips on a clean long setup after breaking above 191.46, targeting liquidity zones at 192.70 and 192.90.
• Now, we’re flipping short after spotting key rejection areas and volume shifts.
• We’re targeting major levels at 190.00 and possibly beyond as we wait for the market to show its hand.
This setup shows why patience and precision are everything in trading. Watch how I break it down from higher time frames to entry zones, with stops and targets mapped out for both early entries and confirmation re-entries.
📉 The big question: Will GBPJPY break the neckline at 190.00 for a massive sell-off, or will buyers step in? Watch to find out how I’m playing this!
Comment below if you want more pair breakdowns or have specific setups you’d like me to analyze. Let’s crush the markets together! 💹
GBPJPY Buy signal on a 5-month bottom.The GBPJPY pair has been trading within a Channel Up since the August 05 2024 bottom and yesterday it made a Higher Low at the bottom of the pattern. This has been a buy opportunity 2/2 times and based on the similarities with the September 11 2024 Low, we can expect the new Bullish Leg to start and peak on the 1.5 Fibonacci extension. Our Target is 204.000.
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Bearish drop?GBP/JPY is rising towards the pivot which aligns with the 50% Fibonacci retracement and could drop to the 1st support.
Pivot: 192.49
1st Support: 190.20
1st Resistance: 193.37
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LONG GBP/GPY!Here is my current idea on GBP JPY for this week/month.
Price has already bounced off the .618 level and unless I see new market structure being formed on the MTF (4HR etc) i will continue to believe price will reach the .705 fib level.
If not I will update the chart and find a long position.
As seen from the chart, I have 3 targets in place for this bullish idea, and I will need to see a close above 194.2 to validate it.
Inflation rate news also coming on the 15th which could explain the bleeding of all GBP pairs last week and we are already near 'priced in' levels. But I will be cautious and leave an update on my thought process when it happens.
Thanks if you took the time to read and good luck.
GBPJPY Update: A Short-Term Pullback or a New Opportunity?In this breakdown, we revisit GBPJPY to analyze the recent price action and map out potential trading opportunities. Here’s what we’re seeing:
📊 Key Highlights:
• Range-Bound Market: GBPJPY continues to play within a range, oscillating between the 198.00 and 189.90 levels, with liquidity being swept on both ends.
• Volume Surge: Recent spikes in volume suggest that the market may soon make a decisive move, but we’re waiting for the market to show its hand.
• Short-Term Longs: Took advantage of a pullback and entered a buy position at 190.96, currently 56 pips in profit. Stops are now at break-even, and we’re closely watching the 192.90-193.90 zone for potential reversals.
• Next Steps: Monitoring for rejections in fair value gaps and signs of bearish continuation. A strong rejection around the marked zones will signal the next shorting opportunity.
While the pair remains range-bound, the liquidity sweep and volume patterns indicate potential for short-term longs and eventual shorts. With the market gearing up for volatility, this is a great time to stay vigilant and take calculated moves.
The liquidity surge and upcoming economic events—especially with political changes on the horizon—make this a unique time to capitalize on currency volatility. Are you ready for what’s next?
Join the discussion, share your thoughts in the comments, and don’t miss out on this detailed breakdown of GBPJPY. Let’s trade smarter in 2025!
Understanding Symmetrical Triangle Breakout and Retest XAUUSD (Gold vs. US Dollar) is currently priced at 2680, with a target price set at 2660. This indicates a bearish outlook, suggesting the price is expected to drop. The pair has recently experienced a symmetrical triangle breakout, which is a technical chart pattern signaling potential price movement. After the breakout, the price is now in a retesting phase, a common occurrence where the price revisits the breakout level to confirm the move. Traders often view this as a critical period to assess the strength of the breakout. If the retest holds, it could validate the downtrend, increasing the probability of reaching the target price. However, failure to maintain the breakout level could result in a reversal. This scenario highlights the importance of monitoring key support and resistance levels. The retest phase provides an opportunity for risk management and strategic entry.
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
GBPJPY am currently monitoring GBPJPY, as I believe the pair is poised for a bullish trend reversal. After observing recent price action, it seems that GBPJPY has reached a critical support level at 191.300, which has historically acted as a significant zone for potential price bounces. Given the strong market dynamics, I expect that this level will hold, setting the stage for a possible upward reversal.
Looking ahead, my target for this potential bullish move is around the 194.700 level. This price target aligns with key resistance zones and recent market structure, suggesting that if the bullish reversal materializes, GBPJPY could make its way towards this area.
Key factors I’m considering for this outlook include:
Support at 191.300: This level has provided a solid base for the pair, and any break above this zone could signal further strength.
Bullish Momentum: Indicators are beginning to show signs of upward momentum, which aligns with my expectation of a trend reversal.
Market Sentiment: I’m closely watching overall market sentiment, especially as it pertains to GBP and JPY fundamentals, which could play a role in fueling the upside potential.
I will be watching for confirmation of the reversal in price action, and I’ll look for higher highs and higher lows as the trend shifts. If the price begins to break key resistance points along the way, this will further validate the upward move toward 194.700.
As always, risk management is key, and I will be watching for any signs of invalidation below 191.300, which could suggest a reassessment of the trade.
Stay tuned for updates, and good luck to all traders!
GBP JPY Trade Idea Jan second weekGBP/JPY is currently in an uptrend on the weekly timeframe and is moving towards the liquidity zones around 197.5 and 198.9.
A buy entry has already been triggered, and there is a plan to scale in with another buy entry between the levels of 194.623 and 194.197.
For precise entry, use lower timeframes such as 15 minutes and 5 minutes to identify buy-side opportunities.
This idea is shared purely for educational purposes.
GBP/JPY TRADE ALERT!
GBP/JPY TRADE ALERT!
Potential Trend Reversal Ahead!
Current External Trend: BULLISH
Do you agree with our Daily Time Frame Forecast?
Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS.
Get ready to trade!
Potential Trend Reversal Ahead!
Current External Trend: BULLISH
Do you agree with our Daily Time Frame Forecast?
Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS.
Get ready to trade!
GBPJPY TRADE IDEA : LONG | BUY (WB: 12/01/25)Price has been trending towards discount in this range. I believe that this is the range EVEN though there was no clear range because price SWEPT that low before reversing to the upside and creating equal highs.
With an RR of 2.4 I would put the SL on 188.080, with the first TP @ 197.150, the second @ 198.970 and the final @ 202.8 which potential of prices to go higher.
RR: 2.4
N.B.: This is not financial advice. Trade safely and with caution.
GBPJPY TRADE IDEA : LONG | BUY (W/B: 13/01/25)Price has been trending towards discount in this range. I believe that this is the range EVEN though there was no clear range because price SWEPT that low before reversing to the upside and creating equal highs.
With an RR of 2.4 I would put the SL on 188.080, with the first TP @ 197.150, the second @ 198.970 and the final @ 202.8 which potential of prices to go higher.
RR: 2.4
N.B.: This is not financial advice. Trade safely and with caution.
GBPJPY Will Go Up! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 45m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 192.558.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 193.417 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: (Daily Time-frame)
While the price is below the resistance 199.790, resumption of downtrend is expected.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
A peak is formed in daily chart at 198.945 on 12/30/2024, so more losses to support(s) 191.884, 189.477, 186.231 and minimum to Major Support (182.782) is expected.
Take Profits:
196.006
193.510
191.884
189.477
186.231
182.782
178.409
Total Profit: 2742 pip
Closed trade(s): 384 pip Profit
Open trade(s): 2358 pip Profit
Trade Setup:
We opened 8 SELL trades @ 196.68 based on 'Peak' entry method at 2024-12-30, signaled by DTO
Closed Profit:
TP1 @ 196.006 touched at 2024-12-31 with 67 pip Profit.
TP2 @ 193.510 touched at 2025-01-09 with 317 pip Profit.
67 + 317 = 384 pip
Open Profit:
Profit for one SELL trade is 196.68(open price) - 192.746(current price) = 393 pip
6 trade(s) still open, therefore total profit for open trade(s) is 393 x 6 = 2358 pip
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Gold is in the bullish direction after correcting the supportHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
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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
#GBPJPY: 1170+ Massive Sell Opportunity! Get Ready For Big MoveDear Traders,
We have an excellent selling opportunity on GBPJPY, with over 1100+ selling move is likely to occur within next couple of weeks. Please use accurate risk management. For more chart related information read the chart carefully.
GBPJPY H1 | Eyeing a Bearish Continuation?Based on the H4 chart analysis, we can observe that the price is approaching our sell entry level at 194.89, which is a key overlap resistance near the 61.8% Fibonacci retracement. This level serves as a potential reversal point within the ongoing bearish trend.
Our take profit is at 193.86, just above a strong support level and the recent swing low.
The stop loss is set at 196.28, a pullback resistance level.
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