After days of compression, GBPJPY is flashing clear signs of an explosive breakout.
Price is holding firmly above the ascending trendline and consolidating right at the top of the FVG zone – a strong signal that buyers are preparing to punch through the 200.500 resistance in one decisive move.
Meanwhile, the JPY continues to lose ground as the BoJ shows no clear intention to hike rates, while GBP gains support on expectations that the BoE will maintain its hawkish stance longer due to persistent core inflation.
Trade setup (reference):
Buy limit: 198.900
SL: below 198.500
TP: 200.500
Price is holding firmly above the ascending trendline and consolidating right at the top of the FVG zone – a strong signal that buyers are preparing to punch through the 200.500 resistance in one decisive move.
Meanwhile, the JPY continues to lose ground as the BoJ shows no clear intention to hike rates, while GBP gains support on expectations that the BoE will maintain its hawkish stance longer due to persistent core inflation.
Trade setup (reference):
Buy limit: 198.900
SL: below 198.500
TP: 200.500
Trade active
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🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Top trading opportunities are waiting for you! : t.me/+TaRRH29IRysyNGJl
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.