From a big-time perspective, GJ is still bullish — long-term bias is locked in. Structure is clear, and buyers are in control. If you’re not thinking bullish on GJ, I don’t know what to tell you.
Now, if you’re looking for short-term sells, that’s cool too. Price still hasn’t swept sell-side liquidity yet, so we could see a deeper move down to mitigate that clean 30-minute order block before going long.
But let’s be real — that short-term sell? That’s not the main idea. That’s just a pit stop. The major perspective still screams bullish, and once price clears that liquidity and mitigates, we riding it right back up to take out highs.
Stay sharp. Don’t let the lower timeframe noise throw off the higher timeframe vision.
As we look ahead, several important economic events may impact the GBPJPY market:
📅 Upcoming Events:
Federal Reserve Meeting: Scheduled for August 1, 2025, where interest rate decisions will be discussed. Any changes in monetary policy could significantly influence the USD and, consequently, the GBPJPY pair.
CPI Release: The upcoming Consumer Price Index (CPI) report on August 10, 2025, will provide insights into inflation trends, which are crucial for the Fed's decision-making process.
These events are likely to create volatility in the GBPJPY market, making it essential for traders to stay informed and adjust their strategies accordingly.
Conclusion
In summary, the GBPJPY market is currently navigating a critical phase, with key support and resistance levels, significant technical indicators, and upcoming fundamental news events shaping its trajectory. Traders should remain vigilant and utilize the insights from this analysis to make informed trading decisions.
In this analysis, we will dissect the current state of the GBPJPY market, which is trading at 198.102 USD. We will employ various technical indicators, including Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, and more, to provide valuable insights for traders and investors. Additionally, we will discuss fundamental factors influencing the market, particularly focusing on upcoming USD news that could impact the GBPJPY pair.
Current Market Overview
As of the latest data, the GBPJPY is positioned within a critical range, with a swing high of 199.976 and a swing low of 197.434. Understanding these levels is essential for identifying potential trading opportunities and gauging market sentiment.
These levels can serve as potential reversal points, guiding traders in their decision-making processes.
Exponential Moving Averages (EMA)
Daily Time Frame:
EMA 50: 198.250 EMA 100: 198.500 EMA 200: 198.750 EMA 400: 199.000
4-Hour Time Frame:
EMA 50: 198.100 EMA 100: 198.200 EMA 200: 198.300 EMA 400: 198.400
The EMAs are critical for identifying the trend direction, with the shorter EMAs providing insights into potential entry and exit points.
RSI Divergence
The Relative Strength Index (RSI) is currently showing signs of divergence on both daily and 4-hour time frames. This divergence indicates that while the price may be making new highs or lows, the RSI is not confirming these movements, suggesting potential reversals or corrections in the near future.
Order Blocks
Order blocks are areas where significant buying or selling has occurred, leading to price reversals. On the daily chart, we identify the following order blocks:
Bullish Order Block: Around the 197.600 area, where buying interest has previously emerged. Bearish Order Block: Near the 199.500 area, where selling pressure has been evident.
These order blocks can provide critical insights into potential price action.
MACD Analysis
The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish crossover on the daily time frame, suggesting a potential upward momentum. However, on the 4-hour time frame, the MACD is nearing the zero line, indicating possible consolidation before the next move.