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British Pound / Japanese Yen

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GBPJPY trade ideas

BUY GBP VS JPY Triangle BreakoutThe GBP vs JPY pair on the M30 Timeframe presents a potential Buying oppurtunity due to a recent breakout from a triangle pattern This suggest a shift in momentum towards the upside and higher likehood of further advances in the coming the hour POSSIBLE LONG TRADE First Resistance 199 Second Resistance 200 Stoploss To manage risk place a stoploss order below support zone This helps limit potential losses if the price falls back unexpectedly Your likes and comments are incedibly motvitation and will encourage me to more analysis with you
Long
by GoldMarketKiller
GBPJPY | MONETARY POLICY |RATE CUTS AHEAD?|CONFUSED PRICE ACTIONGBP JPY LOOKS VERY CONFUSING TO ME but lets see what happens today fomc minutes gbp boe monitary policy There is a good chance that the Bank of England (BoE) could lower interest rates soon, with a cut widely anticipated in its next Monetary Policy Committee (MPC) meeting in November or December. However, the overall outlook on rate cuts remains mixed. Some analysts expect a cut as inflation rates have fallen from their highs, but recent fiscal policies, like the October budget, may temper any aggressive cuts due to potential inflationary effects. The BoE might proceed cautiously to balance inflation control with economic growth, and some experts even believe any cuts could be modest in the near term until inflation stabilizes further. Looking ahead, rates are expected to continue gradually lowering into 2025, but experts caution that the UK’s rates may not return to the extremely low levels seen pre-2020, as broader economic factors remain in play. For the November meeting, however, a rate cut of about 0.25% is currently expected, which could impact mortgage and borrowing rates accordingly. manage your risk be wise my analysis is not the holy grail , always do your research
by MSK-
Buy GBP/JPY Triangle BreakoutThe GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 197.44 Target Levels: 1st Resistance – 199.20 2nd Resistance – 200.20 Stop-Loss: To manage risk, place a stop-loss order below Support Zone. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
11
BUY!!! GBPJPY HAS REACHED A WEEKLY INTEREST ZONEHELLO TRADERS I AM VERY INTERESTED IN BUYING THIS GBPJPY PAIR FOR THE NEXT SESSIONS LONDON AND NEW YORK FOLLOW MY ENTRY SIGNAL EVERYTHING POINTS TO THE PRICE GOING UP. TECHNICAL ANALYSIS CONFLUENCES AT THE MOMENT 1.- bullish weekly time frame 2.- bullish daily time frame 3.- rejection of the last weekly structure point 4.- rejection of weekly interest zone 5.- psychological number rejection 6.- weekly rejection candle 7.- rejection of the last daily structure point 6.- rejection of daily interest zone 8.- daily rejection candle 9.- rejection candle 4 Hr 10.- 1 Hr enveloping candle, 2 Hr enveloping candle why do I like it? The weekly and daily time frame are bullish, that is, they are in harmony, which indicates that the bullish trend has not yet ended. On the weekly time frame there are 2 weekly rejection candles. In turn, both candles being rejected in a weekly interest zone retesting above the weekly high. The psychological number 196,500 has been tested perfectly which has attracted buyers at this strong level. The price has been rejected at the highest high of the daily time frame, with a daily rejection candle. The price is being rejected in a daily interest zone that has been rejected repeatedly in the past. We have a very strong indecision candle in our area of ​​interest in the 4 Hr time frame which tells me of a change in the direction of the price towards the upside. And as the last confluence the structure in the 30 minute time frame has been broken. In all this, the only more reasonable thing is to look for purchases since the time frames are going up. If you liked my analysis, don't forget to follow me and like it, I will respond to comments and suggestions. Wait for new updates blessings and luck!!!
Long
by FxAlexisTrader
GBPJPY ANALYSISHere is our overall view on GBPJPY . After GBPJPY has made a pullback down to our PBA 1 (Pullback Area) , we are seeing more upside on the chart. At this moment we are still extremely bullish on GBPJPY. We are anticipating buys if we break above 199.180 . On the other hand, if we break 197.540 we could go back to our PBA 1 and if we break below, we could see even lower lows . As of now there is no clear indication for buys or sells. We are only entering in the trades if following has happened: Scenario 1 : breaks above 199.180 Scenario 2 : breaks below 197.540 We will be patiently waiting on breaks of our mentioned levels and we will post an update accordingly. KEY NOTES - GBPJPY has made a pullback to our PBA 1. - Break below 197.540 would confirm sells down to our PBA 1 around (195.800). - Break above our KL (199.180) would result in higher highs and confirm buys. - No trade opportunity now, breaks should be waited on. Happy trading! FxPocket
by FxPocket
GBPJPY - Yen will continue its weakness?!The GBPJPY currency pair is above the EMA200 and EMA50 in the 4H timeframe and is moving in its medium-term bullish channel. If the upward movement continues, we can see the supply zone and sell within that zone with the appropriate risk reward. The BRC retail report in the UK indicated that retail sales in October 2024 only grew by 0.3%, a significant drop compared to the 1.7% growth in September. This decline is attributed to consumers’ caution ahead of Black Friday promotions and school half-term holidays, which were delayed compared to usual. Helen Dickinson, CEO of the British Retail Consortium (BRC), stated, “After a strong start in autumn, October sales growth was disappointing. Part of this decline was due to the later timing of school half-term holidays, which reduced sales, but it is expected that November will show better performance.” She also noted that consumer sentiment has been affected by uncertainties surrounding future budgets and rising energy costs. According to the latest Citi/YouGov survey, British households’ inflation expectations for the coming year have reached 3.3%, and long-term household inflation expectations remain at 3.8%. Analysts at Citi Investment Bank suggest that these figures indicate that despite efforts by the Bank of England to curb inflation, public inflation expectations remain high. In Japan, the government has designed a support plan for the country’s semiconductor industry that involves leveraging assets such as its shares in NTT, with the program spanning several years. Instead of direct subsidies, the plan includes a multi-stage approach. Semiconductor equipment manufacturers receive subsidies while moving towards mass production, and once they reach this stage, the government shifts to other forms of support such as private sector investments and financial guarantees, extending this process until around 2030. Sakurai, a former board member of the Bank of Japan (BoJ), announced that the central bank is likely to raise interest rates again in the coming months, with January being a potential timing for this action. The aim is to increase short-term interest rates to 1.5% or 2% by the end of Ueda’s term in early 2028.
Short
by Ali_PSND
GBPJPY "The Guppy" Bank Money Heist Plan on Bullish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist GBPJPY "The Guppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 2h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
GBPJPY NEXT MOVE (expecting a bullish move)(02-10-2024)Go through the analysis carefully, and do trade accordingly. Anup Bias (Mid term) Current price- 191.500 "if Price stay above 189.500, then next target is 193.500 and 196.00 and below that 188.500. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.
by AnupZiddi
3