GBPJPY: Strong Bullish Reversal from Demand ZoneGBPJPY has bounced sharply from a key demand zone, indicating renewed bullish momentum. The pair continues to follow the broader bullish bias in GBP crosses, with JPY weakness driven by the Bank of Japan's dovish policy stance.
Technical Analysis (4H Chart)
Pattern: Bullish rejection from the 195.3
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.
Related currencies
GBPJPY Sell Setup from Two Key Levels!Hey friends 👋
Here’s my carefully prepared GBPJPY analysis, just for you 📊
In this setup, I’ll be opening sell positions from two key levels:
1️⃣ 197.477
2️⃣ 198.100
My target level is: 🎯 195.560
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GBPJPY: More Growth is Coming! 🇬🇧🇯🇵
GBPJPY will likely bounce from a key daily support,
following a formation of a double bottom pattern
on an hourly time frame.
I think that the price will reach 196.7 level soon.
❤️Please, support my work with like, thank you!❤️
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GBPJPY : Short-Term Bullish SetupGBPJPY – Short-Term Bullish Setup
GBPJPY has just broken above a minor resistance zone, signaling a shift in short-term momentum.
The previous 1-hour candle closed strong and bullish, suggesting that the pair could continue gaining strength in the next few hours.
This move appears to be driven m
Today’s Opportunity: Stay Sharp on GBPJPY!Hey friends,
Here's my latest analysis on GBPJPY.
📌 Buy Entry Zone: 197.590 - 197.336
🎯 Target Level: 198.642
📅 Today, major economic data will be released from the U.S.
Make sure to factor this into your fundamental analysis.
📊 It’s not just about the charts—fundamentals matter too.
Te
GJ| Bullish Outlook | IDM + SSL Sweep - OB Reaction(Refined & Structured):
• Pair: GBPJPY
• Bias: Bullish
• 4H Overview: Price broke major highs with bullish structure still intact. After pulling back into discounted territory, I dropped to mid timeframes to anticipate continuation.
• 30M Structure: Price took out sell-side liquidity and IDM, t
GBPJPY - Catching The Falling Knife... ConservativelyDon't catch the falling knife! This is a common warning in the trading industry. Although i do agree with it (in some circumstances), I think what's more important is for us to perform analysis and be confident on where that knife may find a floor at.
In the case of the OANDA:GBPJPY I think we've
GBPJPY Will Move Higher! Long!
Take a look at our analysis for GBPJPY.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 195.702.
Considering the today's price action, probabilities will be high to see a movement to 197.050.
P
GBP/JPY Long Attack After MA Breakout – Loot the Beast!🔓 GBP/JPY Bullish Break-In Heist! 💷💣 Price Cracked the MA Vault 🎯
🏴☠️ Welcome to the GBP/JPY Treasure Run!
Thief Trader’s back in the FX vault—this time we’re after the Beast Pair. A clean moving average breakout just unlocked the vault at 196.900, and we’re going in heavy with layered long entrie
GBPJPY H4 | Heading into 50% Fibonacci resistanceGBP/JPY is rising towards the sell entry at 197.42, which has been identified as a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse to the downside.
Stop loss is at 199.25, which is a swing high resistance.
Take profit is at 195.26, which is a swing low support.
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
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.
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.