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GBP/JPY H4 | Under Pressure BoE–BoJ Policy Divergence (28.07.26)GBP/JPY -H4 - has broken below its ascending channel and failed to reclaim the highlighted resistance zone around 218.98–219.61, indicating weakening bullish momentum. Price is now consolidating below resistance, while the projected path suggests sellers may regain control if the pair remains beneath the supply area. A confirmed rejection could expose the next downside targets at the marked support levels, whereas a sustained move above resistance would invalidate the bearish setup. FX:GBPJPY (SELL) 🔴 1st Support: 215.554 🔴 2nd Support: 214.235 🟢 Resistance Zone: 218.984 – 219.607 💡 Fundamental Key Points : ✅ Markets are focused on the upcoming Bank of Japan policy decision, with traders watching for any signal of further rate hikes that could strengthen the yen. ✅ The Bank of England is also expected to announce its policy decision this week, with investors looking for guidance on inflation and future rate expectations. ⚠️ Disclaimer: This analysis is for educational purposes only. Support the idea 🚀 Boost | 💬 Comment | 🔁 Share 🔸🔸 Charts Don't Lie, Traders Don't Quit 🔸🔸

by KABHI_TA_TRADING

#GBPJPY: Intraday Buying Opportunity +600 Pips! 🔺The GBPJPY pair declined as the Bank of Japan intervened, but this was a temporary market effect. We anticipate the Japanese Yen to reach its recent high before experiencing a significant drop unless a major bearish correction occurs. In that case, the price is likely to reach 219. 🔺A well-managed risk can yield a substantial return. Our current target is 219, but you can also set two take-profit levels at 217 and 219. The stop-loss can be set between 100 and 150 pips.

GBPJPY | Uptrend at Risk – Bearish Breakdown Setup GBPJPY is trading above a long-term ascending trendline, but recent price action suggests bullish momentum is weakening. A sweep of nearby liquidity followed by a rejection from the trendline could trigger a bearish move. The key confirmation will be a decisive break below the ascending trendline and recent swing low. If that occurs, sellers may target lower support levels as market structure shifts in favor of bears. Key Levels: * 🔹 Resistance: 219.00–220.00 * 🔹 Confirmation: Daily close below trendline * 🔹 Bias: Bearish after confirmation Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always wait for confirmation and use proper risk management.

by Smart_money_Fx

#GBPJPY: +5500 Pips Highly Probable Selling Opportunity?🔺The GBPJPY pair has fallen significantly since reaching the 219 zone and is currently trading at 212. A substantial price decline occurred following the Bank of Japan’s intervention in the market. 🔺We now identify two potential reversal points where both currencies have an equal chance of reaching one of the take-profit zones. We should wait for the price to stabilise from the Friday’s drop before considering possible entries. Three key targets are worth monitoring. 🔺The potential profit from this move is 5500 pips but it may take months or years for the setup to achieve this target. From a fundamental perspective, Bank of Japan support is necessary. If fundamental changes occur this setup is likely to become invalid and trigger a stop-loss.

GBP/JPY Bearish CHoCH Breakdown GBP/JPY has confirmed a **Change of Character (CHoCH)** after breaking below the key support level and losing its bullish market structure. Following an extended uptrend, price failed to hold above the Ichimoku Cloud and experienced strong bearish momentum, signaling that sellers have taken control. The sharp rejection from the resistance zone adds further confidence to the bearish outlook. If the breakdown remains valid, the next major downside objective is around **210.48**, where price may find fresh demand. Traders should monitor price action for continuation while keeping an eye on any potential pullback toward the broken support before the next bearish leg.

by SMART_MONEY_CIRCLE

GBPJPY Signals Bullish Continuation Movement GBPJPY Signals Bullish Continuation Movement After several days of consolidation inside a falling channel, GBPJPY has finally broken above the pattern, signaling that buyers are attempting to regain control. The recent breakout is encouraging, but I still consider this a high-risk setup because the pair remains sensitive to volatility and any change in market sentiment could quickly invalidate the move. The problem remains the Bank of Japan, which is unclear about future currency interventions. As long as the breakout holds, the next upside objectives are the resistance zones around 219.00 and 219.35 Bullish targets: 219.00 219.35 You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️

GBPJPY: Downtrend Remains Intact GBPJPY maintains a bearish structure on the H3 timeframe, as the price faces repeated rejection at the resistance level of the descending channel. Following a rebound toward the 218.00 level, buying pressure proved insufficient to trigger a breakout, indicating that sellers remain in control of this area. Technically, the price is trading below the EMA34 and EMA89 and moving within a descending channel pattern. The 218.00 level has become a key resistance point where sellers may re-enter the market should signs of price rejection emerge. I favor a bearish outlook for GBPJPY given the failure to break above the 218.00 level. If selling pressure resumes, the next targets could be the 217.00 support zone and, further down, the lower boundary of the descending channel. This bearish scenario would be invalidated if the price closes decisively above 218.00 and breaks the current channel structure.

by Eldric_Morran_

GBPJPY: Downward pressure returns.GBPJPY is showing signs of weakness after facing repeated rejection at the 218.10 resistance level. The recent decline has broken the previous equilibrium zone, indicating that sellers are gradually regaining control. On the H2 timeframe, the price remains below the downtrend line, and the overhead Fair Value Gaps (FVGs) are acting as supply zones where sellers may continue to exert pressure. The failure to sustain a recovery suggests that current buying momentum is insufficient to reverse the market structure. I favor a scenario where GBPJPY continues to decline if the price attempts to retest the 218.10 level but fails. In that case, the next target would be the 217.30 support zone, with further downside potential if selling pressure intensifies. The bearish scenario would be invalidated if the price breaks and holds above 218.10, as this could trigger a new recovery phase.

GBPJPY short idea so nice of Japan jumping in huh?? we are close to a monthly level and this is a pre mature entry IMO with this momentum we can close under it for a bearish bias, Strong Fundamentals is on the short side 1. PMH- is the level i would like price to close below tomorrow does not close below closing position 2. lets see if this is a nice pullback for shorts to re enter it looks good on the fib 3. Predicting a monthly Level Liquidity grab is high risk size small as you can see the range is pretty wide. Always use Proper Risk Management.

by Danny-Range-Trader

GBP/JPY Bearish Trendline Breakdown GBP/JPY has confirmed a bearish breakdown after losing both the ascending trendline and the key horizontal support zone around **217.90**. Price also failed to hold above the Ichimoku Cloud, reinforcing the bearish outlook. The rejection from the descending resistance trendline indicates that sellers remain in control, while the recent break below support suggests increasing downside momentum. As long as price stays below the broken trendline and resistance area, the probability favors a continuation toward the next major support level. **🎯 Target:** **216.830** **📌 Bearish Invalidation:** A sustained move back above **218.00–218.20** would weaken the bearish setup and could trigger a recovery toward the descending resistance.

by SMART_MONEY_CIRCLE

GBPJPY--SHORT --downward move from key resistance level (yearly key level) --daily close below prev day lov --flag pattern is forming --entry,tp and key levels are as shown on the chart

GBPJPY Breakdown: Is a Deeper Correction Beginning?GBPJPY ( OANDA:GBPJPY ) started to decline after reacting to the upper boundary of the Ascending Channel and the resistance zone(221.35 JPY-219.32 JPY). After breaking below the support lines, the pair formed a Symmetrical Triangle, and its lower trendline has now been broken. Can GBPJPY recover, or is the pair entering a deeper corrective phase? Technical Analysis From an Elliott Wave perspective, GBPJPY appears to have completed its main Five-Wave Impulsive Structure above the Ascending Channel, suggesting that a corrective phase may now be underway. The breakdown of the Symmetrical Triangle further supports the bearish scenario. 💡 Educational Note: A Symmetrical Triangle breakout can signal the next directional move, but confirmation is stronger when the breakout aligns with the broader market structure. Based on these signals, I expect GBPJPY to continue its bearish move and decline at least toward 216.98 JPY. Trade Setup: Take Profit(TP): 216.98 JPY Stop Loss(SL): 218.800 JPY What’s your view on GBPJPY? Do you think the pair can resume its bullish trend, or should we expect a deeper correction and further downside? 📌 British Pound/ Japanese Yen Analyze(GBPAUD), 4-hour time frame. 🛑 Always use proper risk management and set a Stop Loss(SL) for every position. 🚀 If this analysis helps your trading plan, a BOOST would help more traders discover it.

GBP/JPY: Supply Zone Rejection to Target Area 📉 GBP/JPY 30-Minute Bearish Trade Outlook GBP/JPY is showing a clear bearish structure on the 30-minute chart after rejecting a major supply area around 218.40–218.60. Price has broken below the rising structure and is now trading beneath a descending trendline, suggesting that sellers remain in control unless price can reclaim the nearby resistance zone. The market is currently consolidating near 217.74, directly above an important support/demand area. This is a decision point: a short-term bounce is possible from support, but the broader setup remains bearish while price stays below the marked supply zones and trendline resistance. 🟥 Key Resistance / Supply Zones 217.84–217.92: Immediate intraday resistance. A rejection here could provide a continuation short opportunity. 218.05–218.18: Stronger bearish supply zone; a retracement into this area may attract sellers. 218.40–218.60: Major higher-timeframe supply zone and key invalidation area for the bearish idea. 🟦 Key Support Zones 217.51–217.69: Primary demand/support zone. Price may react here, but a clean breakdown would confirm further downside. 217.04: Main downside target area, marked as the likely liquidity/target zone. A break and close below 217.51 would strengthen the bearish continuation scenario. 🎯 Trade Plan The preferred idea is to wait for price to retrace into the 217.84–217.92 resistance zone and look for bearish confirmation—such as a rejection candle, lower high, or bearish market-structure shift—before considering a short position. A more aggressive entry could be considered after a confirmed 30-minute close below 217.51, followed by a retest of that level as resistance. Potential targets: TP1: 217.51–217.69 support area TP2: 217.30 area Final target: 217.04 target/liquidity zone 🎯 🛡️ Risk Management Place a protective stop above the entry zone or the most recent swing high. For entries near 217.84–217.92, a stop above 218.05–218.18 gives the trade room while respecting the nearby supply zone. Conservative traders may use a stop above 218.18. Keep risk limited to 1% or less per trade, especially because GBP/JPY can move quickly and produce sharp retracements. Consider taking partial profit at the first support zone and moving the stop loss toward breakeven once price begins moving in your favor. ⚖️ ⚠️ Invalidation Scenario A sustained move and 30-minute close above 217.92, especially if price holds above 218.18, would weaken the bearish outlook. A break above 218.40–218.60 would invalidate the broader short bias and could signal a stronger bullish recovery. Overall, the chart favors a sell-on-retracement or sell-on-breakdown approach, with 217.04 as the primary bearish objective. Patience for confirmation is key—avoid entering in the middle of consolidation and let price come into a clearly defined level first. 📊

Has the Sell-Off Reached Exhaustion? | GBPJPY 01/08 British Pound / Japanese Yen has experienced a strong bearish expansion after rejecting the H4 Order Block around 218.50. The recent decline swept major Sell-Side Liquidity (SSL) and reached a significant liquidity zone, where buyers are beginning to react. Although the higher-timeframe structure remains bearish, my bias is that this move could represent a liquidity grab before a short-term bullish retracement unfolds. As long as price continues to defend the current liquidity zone, a corrective recovery toward nearby inefficiencies remains a valid scenario. The first confirmation would be a reclaim of the 214.20–214.50 POI. If buyers can establish acceptance above this area, price may continue toward the H4 Fair Value Gap (FVG). A stronger recovery could later extend into the H4 Order Block, where sellers may become active again. 🔍 Market Structure H4 market structure remains bearish. Price swept major Sell-Side Liquidity (SSL). Buyers are reacting from a key liquidity zone. Current expectation favors a corrective bullish retracement rather than a full trend reversal. 📌 Key Levels Liquidity Support: 212.20–212.50 POI: 214.20–214.50 H4 FVG: 216.50–217.40 H4 Order Block: 218.20–218.60 📈 My Trading Plan My bias: Cautiously Bullish I will monitor price action around the liquidity support for bullish confirmation before considering long opportunities. A successful reclaim of the POI would strengthen the recovery scenario, with the H4 FVG serving as the primary upside objective. If bullish momentum remains strong, price could extend toward the H4 Order Block. 🎯 Potential Targets TP1: 214.50 (POI) TP2: 216.50 (H4 FVG) TP3: 218.20 (H4 Order Block) ❌ Invalidation A sustained H4 close below 212.20 would invalidate the corrective recovery scenario and suggest that sellers remain in control, increasing the probability of further downside. This is my personal market analysis for educational purposes only, not financial advice. Always do your own research and manage risk.

by Adrian_NovaTrader

GBPJPY | Outlook After the BoJ Decision The Bank of Japan meeting injected significant volatility into the yen, but when I zoom out, I still see a market that remains structurally bullish on GBPJPY. On the weekly timeframe, price swept the buy-side liquidity above the previous highs before selling off aggressively. At this stage, I view that move as a liquidity grab rather than a confirmed trend reversal. 📈 Retail Sentiment Around 74% of retail traders are currently short GBPJPY. Historically, when positioning becomes this one-sided, the market often moves in the opposite direction, making this a bullish contrarian signal. 📑 Commitment of Traders (COT) The latest COT report also supports my view. Large Speculators continue to increase their bearish exposure on the Japanese yen, while the British pound remains relatively well-positioned despite some recent profit-taking. Overall, institutional positioning still favors GBP strength against JPY. 📅 Seasonality Seasonality is the only factor urging caution. Historically, August has been one of the weakest months for GBPJPY over the 15- and 20-year averages. While I don't consider this enough to justify a bearish outlook, it does encourage me to be patient before committing to new long positions. 🎯 My Trading Plan The key area I'm watching is the 214.30–215.80 demand zone. If price retraces into this region and confirms my execution model, I'll be looking for fresh long opportunities. As long as this demand area holds, my primary objective remains a move back toward the recent highs, with a potential extension into the 219.50–220.00 region. However, if price closes decisively below the demand zone, my bullish thesis would be invalidated, opening the door for a deeper correction toward 212.20, the next major structural support.

by EdgeTradingJourney

Trendline Support Springboards Rally Toward 222.000 Target!GBP/JPY is demonstrating strong structural bullish momentum on the H4 timeframe, successfully maintaining its macro ascending channel matrix following continuous structural breaks to the upside ( BOS ). Having absorbed sell-side liquidity above the primary demand blocks ( LIQUIDITY POOL & OB - LIQUIDITY ), the immediate price action is executing a tight horizontal accumulation along the lower trendline support baseline. Global Context The broader forex spectrum continues to navigate intense macro liquidity conditions, forcing capital realignments into high-yielding sterling crosses ahead of key central bank interest rate decisions. Smart money has perfectly defended this dynamic ascending corridor to engineer liquidity along the lower boundary before triggering a high-velocity impulse wave toward premium channel resistance. This projected upward expansion behaves like a classic trend continuation delivery mechanism, propelling price action directly off the 218.000 - 218.500 Entry zone straight toward the 222.000 Target ceiling before a secondary pullback retests new support. Technical Playbook The Bias Short Term Bullish Continuation / Medium Term Macro Expansion. We are strictly focused on tracking this dynamic ascending channel corridor. The Main Horizons Tactical execution focal points are locked directly on the 218.000 - 218.500 trendline support and the primary 222.000 channel resistance target. The Target Path Following the structural layout, price action is projected to launch an aggressive rally to the 222.000 upper channel ceiling first, execute a corrective retest of the mid-channel zone, and then resume its overarching bullish trend. Invalidation The entire bullish continuation framework is instantly invalidated if the market prints a sustained H4 candle closure completely below the 216.500 structural defense line.

by Richard_PrimeInsights

GBP/JPY Bullish Ascending Triangle GBP/JPY is consolidating inside an ascending triangle after a strong bullish impulse and appears to be holding above the rising trendline. Price is respecting higher lows while repeatedly testing the horizontal resistance zone, indicating increasing buying pressure. A confirmed breakout above resistance could trigger fresh bullish momentum toward the highlighted target area. Traders should wait for a decisive candle close above the resistance for stronger confirmation, while a break below the ascending trendline would invalidate the bullish setup. **🎯 Target:** **219.20** **📈 Bias:** Bullish **✅ Confirmation:** Break and close above the resistance zone around **218.60–218.70**.

Title: GBP/JPY Bullish Continuation from Rising Trendline GBP/JPY is showing signs of a bullish continuation after respecting a well-defined ascending trendline that has acted as dynamic support throughout the recent price action. Following the strong bullish impulse and the break of structure (BOS), the pair entered a consolidation phase while maintaining higher lows, indicating that buyers remain in control. Price is currently holding above the rising support trendline, suggesting that demand is still present. As long as this trendline remains intact, the bullish bias stays valid. A successful breakout above the recent consolidation range could trigger fresh buying momentum toward the next major resistance. The marked support trendline provides a favorable area for buyers to defend, while the projected move targets the overhead resistance near **219.27**. ### **🎯 Target** * **Primary Target:** **219.27** * **Bullish Confirmation:** Sustained price action above the current consolidation and continued respect of the ascending trendline. * **Invalidation:** A decisive break below the rising trendline and support zone would weaken the bullish outlook and could lead to a deeper pullback. **Bias:** **Bullish** 📈 **Timeframe:** **1H** **Key Level to Watch:** **219.27** resistance.

by PRIMEALPHA-FX

GBPJPY Is Cooling Off After Sweeping Liquidity 26/07 GBPJPY has entered a corrective phase after sweeping the H4 Buy-Side Liquidity (BSL) around 219.50. Following a strong markup from the previous accumulation, bullish momentum has begun to fade as price consolidates beneath a short-term descending trendline. This does not necessarily signal a bearish reversal. Instead, the current price action appears to be a healthy pullback within the broader bullish structure, with the market potentially seeking liquidity before buyers attempt another expansion. For now, buyers remain in control. The next reaction around the H4 Order Block will determine whether the uptrend is ready to continue. 📊 Currently • Price rejected the H4 BSL around 219.50 • Bullish momentum has weakened after the recent markup • Price is consolidating beneath a descending trendline • H4 liquidity rests around 217.50 • Major H4 Order Block sits at 216.60–216.80 • The broader H4 bullish structure remains intact • Buyers are approaching an important reaction zone 📈 Trading Plan Bias: Corrective Pullback Within a Bullish Structure Main Zone • 216.60–216.80 → H4 Order Block Execution Idea As long as price remains below the descending trendline, GBPJPY may continue correcting toward the H4 liquidity around 217.50 before testing the H4 Order Block at 216.60–216.80. This Order Block is the key area to monitor for buyer participation. A strong bullish reaction from this zone could confirm that the pullback is complete and support another move toward the recent highs. However, a confirmed H4 close below the Order Block would weaken the current bullish outlook and increase the probability of a deeper correction. 🎯 Targets → TP1: 217.50 → H4 Liquidity → TP2: 216.60–216.80 → H4 Order Block → TP3: 215.00 → H4 Small Order Block (if bearish momentum accelerates) ❌ Invalidation A confirmed H4 candle close below the 216.60–216.80 Order Block would invalidate the corrective pullback scenario and suggest that sellers are gaining greater control of the market. 💡 Key Insight Sweeping Buy-Side Liquidity often precedes a corrective phase rather than an immediate continuation. The reaction around the H4 Order Block will be critical in determining whether this remains a healthy pullback within the uptrend or develops into a deeper retracement. ❓ Key Question Will buyers defend the H4 Order Block and resume the uptrend, or is GBPJPY preparing for a deeper H4 correction?

by Adrian_NovaTrader

GBP/JPY Bullish Reversal from Key Support Zone 📊 GBP/JPY is currently reacting from a well-defined support zone after an extended bearish move, indicating that buyers are stepping in to defend this key level. Price has shown rejection from the demand area, increasing the probability of a short-term bullish reversal if support continues to hold. 🔹 Support Zone: Around 217.40–217.50 remains the critical demand area where buying interest has emerged. 🔹 Resistance Zone: The next major obstacle lies near 218.55–218.65. A successful recovery could push price toward this supply zone. 🎯 Bullish Targets: Target 1: 217.90 Target 2: 218.20 Target 3: 218.60 (Major Resistance) ⚠️ Invalidation: A decisive break and close below the support zone could invalidate the bullish outlook and expose GBP/JPY to further downside. 📈 Trading Plan: Wait for bullish confirmation, such as a strong bullish candle or higher low formation, before entering. Manage risk with a stop-loss below the support zone. Consider taking partial profits at each target while trailing the stop-loss to protect gains. 💡 Market Insight: Patience is key. Let the market confirm the reversal before committing to a trade. Risk management should always come first. 👍 If you found this analysis helpful, don't forget to Like ❤️, Boost 🚀, and leave a Comment 💬. Happy Trading!

by Empire_Forex44

GBPJPY: Bullish Push to 219.400?FX:GBPJPY is eyeing a bullish continuation on the 1-hour chart , with price rebounding from support after recent consolidation, converging with a potential entry zone that could ignite upside momentum if buyers defend amid volatility. This setup suggests a strong rally opportunity, targeting higher resistance levels with more than 1:7 risk-reward overall .🔥 Entry between 217.925–218.000 (entry from current price with proper risk management is recommended). Targets at 218.700 (first), 219.400 (second). Set a stop loss at a daily close below 217.800 , yielding a risk-reward ratio of more than 1:7 overall .Monitor for confirmation via a bullish candle close above entry with rising volume, leveraging the pair's momentum near support.🌟 Fundamentally , one of the most important releases for the British Pound around July 24, 2026, is related to UK economic data such as GDP or inflation figures, where stronger-than-expected readings would support GBP strength and bolster bullish momentum in GBPJPY. 💡 📝 Trade Setup 🎯 Entry (Long): 217.925 – 218.000 (Entry from current price is acceptable with proper position sizing and disciplined risk management.) 🎯 Targets: • TP1: 218.700 • TP2: 219.400 ❌ Stop Loss: • Daily candle close below 217.800 📈 Risk-to-Reward: More than 1:7 overall 💡 Will buyers defend the 217.925–218.000 support zone and fuel the next rally toward 219.400, or will sellers break support and invalidate the bullish setup? 👇

by Master_Hunter

GBPJPY : Bullish Brekout. Ready to fly. FENDY KB : Bullish Reversal pattern on TF H1 condiser end of retracement at daily TF. Back on track. Ready to fly back.

Clean and Clear Explanation of GBPJPY GBPJPY is showing signs of bullish continuation after respecting a key support area and maintaining its higher-timeframe bullish momentum. Despite the recent consolidation, price remains above the major demand zone, suggesting buyers are still in control. The chart highlights an earlier liquidity sweep, followed by a strong impulsive bullish move, confirming institutional buying interest. After that rally, price formed a series of lower highs, indicating a corrective phase rather than a complete trend reversal. The current pullback appears to be approaching a significant demand area where buyers could re-enter the market. The 217.50–217.30 key support zone is the most important short-term level. A successful reaction from this area would strengthen the bullish outlook and could trigger the next impulsive move higher. This zone aligns with the expected accumulation area before continuation toward higher liquidity. Below that, the 216.40–216.00 higher-timeframe demand zone remains the primary institutional support. As long as price stays above this demand zone, the broader bullish structure remains intact. On the upside, the first confirmation of renewed strength would come from a break above the recent lower highs. Clearing this resistance would likely attract momentum buyers and open the path toward the 220.20–220.50 major resistance zone, where significant sell-side liquidity is expected. Key Levels Immediate Support: 217.50–217.30 Major Demand Zone: 216.40–216.00 Key Resistance: Previous lower highs around 218.90–219.00 Bullish Target: 220.20–220.50 Bullish Outlook The preferred scenario is for GBPJPY to hold above the 217.50–217.30 support zone, establish a bullish reaction, and break the recent lower-high structure. If buyers regain momentum, the pair could continue its advance toward the 220.20–220.50 resistance area. The bullish bias remains valid while price continues to respect the highlighted support and higher-timeframe demand zones.