GBPJPY Will Go Lower! Short!
Please, check our technical outlook for GBPJPY.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 209.494.
Taking into consideration the structure & trend analysis, I believe that the market will reach 207.473 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and
British Pound / Japanese Yen
No trades
No trades
In-depth trading ideas
๏ปฟGBPJPY: Trendline Breakout Targets 211.30 Liquidity๐น GBPJPY is showing a gradual recovery after consolidating near the 207.00โ208.50 region, with recent price action forming higher lows and pushing toward the 210.00 resistance area. The descending red trendline has acted as dynamic resistance, but price is now trading above it, suggesting a potential shift in short-term market structure. The highlighted support zone around 208.30โ208.50 remains important, while the liquidity area near 211.20โ211.30 represents a potential upside objective if bull
DeGRAM | GBPJPY โ Strong Sell Pressure Caps 210๐ Technical Analysis
โ GBPJPY is recovering toward the 210.00โ210.20 resistance zone after holding the rising support structure around 208.50โ208.60.
โ The pair remains below a strong horizontal resistance level, while the current technical dashboard shows a bearish bias. Gate reports 14 Sell signals overall, with 13 Sell signals across moving averages and RSI near 42.
โ A rejection from 210.00โ210.20 would favor another move toward the 209.00 area, where the rising support structure becomes t
GBPJPY entered a long bottoming phase. Next Target 233.000.The GBPJPY pair is on its 6th straight week of consolidation below the 1W MA50 (blue trend-line) and just above its 1W MA100 (green trend-line). The latter has been the market's long-term Support since late 2020.
With the 1W RSI hitting already the 41.00 5-year Support, which has market all market bottoms within this time-frame, the pair is expected to start a long accumulation phase before the next rally. Still, now is the time to buy for the long-term as the price is on a similar Support as a
DeGRAM | GBPJPY โ 210.60 Resistance Puts Buyers to the Test๐ Technical Analysis
โ GBPJPY is approaching a major resistance zone around 210.40โ210.70, where the upper boundary of the rising structure meets strong overhead resistance. Despite the ongoing rally, price is entering an area where buyers may struggle to maintain momentum.
โ The technical dashboard currently shows Strong Buy, with 10 Buy and 2 Sell signals across moving averages, alongside 8 Buy and 2 Sell signals among technical indicators. However, the elevated ADX reading suggests a strong
GBPJPYThe GBP/JPY daily chart exhibits a strong macro uptrend that has recently entered a deep corrective phase. Price action has sharply retraced from its recent peak and is currently trading near 209.917, caught between the 21-day EMA (209.692) and the 34-day EMA (210.648). While the broader structure remains bullish, the recent bearish momentum and the price trading below the 34 EMA indicate a loss of short-term bullish strength, pointing to a potential consolidation or further downside toward key
GBP/JPY H4 Support Rejection with Breakout (05.10.2026)GBPJPY 4H has confirmed a clean falling wedge breakout following sustained accumulation above the 206.90 to 208.00 support zone. The descending trendline broken with strong candle confirmation signals bearish momentum fading and exposes the 213.00 resistance.
A sustained close below the 206.90 support zone invalidates the immediate bullish outlook. The setup strictly favors continuation toward the 215.00 psychological barrier. Price has broken above the Ichimoku cloud base and this structural
GBPJPY: Descending Channel Breakout: 209.90 & 210.90 in FocusGBPJPY: Descending Channel Breakout: 209.90 & 210.90 in Focus
GBPJPY appears to be breaking out of a descending channel, with price now holding above the support zone.
If buyers regain momentum and price breaks back above 209.20, the next upside target comes around 209.90, where the larger resistance zone is located. A successful breakout and hold above 209.90 could signal a stronger continuation higher to 210.90
Key Levels:
๐ฏ Target 1: 209.90
๐ฏ Target 2: 210.90
You can find more details on
#GBPJPY ๐ฌ๐ง๐ฏ๐ต | Elliott Wave Analysis on the 4-Hour Timeframe
๐ Is GBP/JPY Approaching the End of Its Corrective Phase?
Current price action suggests that a triangle pattern may be nearing completion, potentially representing Wave (B) within a larger Zigzag correction. This places the pair at an important technical stage that could determine its next directional move.
ใฝ๏ธ According to the proposed Elliott Wave count, the completion of Wave (B) could pave the way for a bearish Wave (C). However, this scenario requires clear technical confirmation before t
GBPJPY 1D : RSI Divergence Signals Potential ReversalExecutive Summary
GBPJPY is holding a major daily support zone around 207.50โ208.00 after a sharp corrective decline. The price structure suggests a potential bullish reversal, with RSI showing bullish divergence while price continues to respect the support base.
A confirmed break above the descending trendline could trigger a move toward the Fibonacci resistance levels at 210.95, 212.19 and 213.43. From the 208.50 area, the projected move toward 213.43 is approximately 493 pips, or around 2.
FOX Journal #20 โ GBP/JPY | Bullish Breakout ContinuationGBP/JPY continues to demonstrate strengthening bullish structure on the 1H timeframe, supported by a sequence of higher highs and higher lows.
Price is approaching a key resistance area, while significant resistance remains visible on the 4H timeframe.
A confirmed breakout could support further bullish continuation, although rejection at resistance remains a possibility.
FOX | Structure. Discipline. Execution. ๐ฆ
GBPJPY A Fall Expected! SELL!
My dear followers,
I analysed this chart on GBPJPY and concluded the following:
The market is trading on 209.83 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 209.53
Safe Stop Loss - 210.28
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-
GBPJPY Daily: Bearish Structure Shift and 4H FVG RetestPair: GBPJPY
Timeframe: 1D
Analysis: Market Structure | BOS | CHoCH | FVG
๐ Market Structure
GBPJPY maintained a bullish structure for several months, forming multiple Breaks of Structure (BOS) as price advanced toward the 219.00โ220.00 region.
However, the recent sharp decline changed the short-term outlook. Price broke below a previous structural support area near 210.00โ211.00, indicating a potential bearish Change of Character (CHoCH), followed by further downside continuation.
Currently
Mastering Support & Resistance Confluence Zones
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
INTRODUCTION: THE FATAL FLAW OF SINGLE-LINE SUPPORT & RESISTANCE
โโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Ask ten retail traders to mark support and resistance on the exact same chart, and you will get ten completely different sets of horizontal lines. One trader picks the highest wick, another picks the candle body close, a third draws trendlines across multiple pivots, and
GBPJPY is currently showing bearish pressure inside down trendGBPJPY โ SELL SETUP | TECHNICAL MARKET ANALYSIS
GBPJPY โ 1H Timeframe
GBPJPY is currently showing bearish pressure inside a broader descending channel, with price reacting strongly from the 210.100 resistance zone. This area is also acting as a major liquidity zone, making it an important level for sellers to defend.
Price is now showing a potential bull trap around 209.200, with selling pressure developing below the recent structure. A confirmed move below 209.000 could provide a potential s






















