GBPJPYHello, I am BIDISHA. In this post, we will analyze the GBPJPY symbol. As you can see, that bullish channel structure from 24 April. Now near resistance level is 196.170
You can enter shot here if any reversal candle create in 1Hr. chart with strict stop loss 196.350. The target is set on the hi
About British Pound / Japanese Yen
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
GBP/JPY 4H Chart Analysis – Bullish Channel Setup📈 Trend:
Price is moving in an ascending channel
🔵 Support line below
🔴 Resistance line above
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Key Zones & Levels:
📍 Demand Zone (Buy Area):
Between 191.753 – 194.016
Price might bounce here before continuing up
🔵 Likely pullback expected here
🎯 Target Point:
202.500
🚀 If price respe
GBPJPYPrice action trading is a methodology where traders make decisions based on the interpretation of actual price movements on a chart, rather than relying primarily on lagging indicators. It involves observing and analyzing candlestick patterns, trend lines, support and resistance levels, and volume t
YEN STRIKES BACK- GBPJPY UNDER PRESSURE - POSSIBLE PRICE DECLINESymbol - GBPJPY
The GBPJPY currency pair is currently exhibiting signs of a localized bearish trend, influenced in part by a broader correction in the US dollar. As a result, the Japanese yen is gaining strength, applying downward pressure on the pair.
Price action is retracing back into a key ran
GBPJPY - May 3rd weekMarket is strong uptrend but same time it is at strong W resistance
As of now we can go for buy with less risk. but soon it might reverse from here.
Also market will not reverse immediately once touched key level. So thats why i am on
buying side even though there are many reason to be seller.
Buy Trade - GBP/JPYGreetings to everyone!
You can place a buy trade on GBP/JPY and check out my chart for the ideal entry, stop-loss & target placement.
Remember :-
* Move your SL to breakeven once the trade reaches 1:1.3 R.
* Aim for a minimum reward of 1:1.5 R.
* Don't risk more than 3% of your total margin
GBP/JPY Bullish Setup:Targeting194.193 After Demand Zone RetestTrend:
📈 Uptrend inside a rising channel (blue lines).
Key Zones:
🟦 Demand Zone: Between 190.400 - 190.700.
🧲 Acts as strong support where buyers previously stepped in.
Indicators:
📉 EMA 70 at 190.145 (below price) → bullish support.
Price Action:
📍 Current price: Around 191.260.
🔥 Recently
GBPJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest yo
GBPJPYPrice action trading is a methodology where traders make decisions based on the interpretation of actual price movements on a chart, rather than relying primarily on lagging indicators. It involves observing and analyzing candlestick patterns, trend lines, support and resistance levels, and volume t
“GBP/JPY Supply Zone Short Setup – Precision Entry with 1:2 R:R!Strategy: Short/Sell Setup
🔵 Current Price: 189.536
📉 Trend Bias: Bearish setup forming
🔷 SUPPLY ZONE (Sell Area)
📍 Zone: 190.000 – 190.593
🟦 Marked in blue on the chart
⚠️ Sellers likely to step in here!
🔺 Action:
Enter SELL here if rejection confirms
🔴 Bearish candles / wicks are key signals.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related currencies
Frequently Asked Questions
The current rate of GBPJPY is 195.948 JPY — it has increased by 0.02% in the past 24 hours. See more of GBPJPY rate dynamics on the detailed chart.
The value of the GBPJPY pair is quoted as 1 GBP per x JPY. For example, if the pair is trading at 1.50, it means it takes 1.5 JPY to buy 1 GBP.
The term volatility describes the risk related to the changes in an asset's value. GBPJPY has the volatility rating of 0.48%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The GBPJPY showed a 0.50% rise over the past week, the month change is a 0.86% rise, and over the last year it has decreased by −1.95%. Track live rate changes on the GBPJPY chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
GBPJPY is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade GBPJPY right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with GBPJPY technical analysis. The technical rating for the pair is strong buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the GBPJPY shows the strong buy signal, and 1 month rating is buy. See more of GBPJPY technicals for a more comprehensive analysis.