📊 Market Overview: GBPJPY Forms Strong Bearish Setup
Fundamental Outlook for GBPJPY
GBPJPY Fundamental Analysis: The GBPJPY cross has been on a steady uptrend for the past four days, surpassing the 200.00 psychological mark and reaching its strongest level since June 2024. This climb can be attributed to the British Pound's (GBP) strength, as it extends its winning streak against the Japanese Yen (JPY). Market participants are closely monitoring the Bank of England (BoE) and the Bank of Japan (BoJ) monetary policy meetings this week, which could significantly impact the GBPJPY instrument. In recent news, the BoE is expected to raise interest rates in its upcoming meeting, following the hawkish tone set by Governor Andrew Bailey. This anticipated rate hike may provide additional support for the GBP, contributing to the GBPJPY cross's continued upward momentum. On the other hand, the BoJ is likely to maintain its current monetary policy, which could widen the interest rate differential between the two countries and further boost the GBPJPY pair. GBPJPY Technical Analysis and Trading Forecast: Turning to the technical aspect, the GBPJPY cross has recently broken above the 200.00 resistance level, which now serves as a strong support level. The pair is currently trading near the upper Bollinger Band, indicating overbought conditions. However, the lack of bearish conviction and the upcoming central bank events suggest that the GBPJPY cross might continue its uptrend. In the short term, the GBPJPY cross is likely to face immediate resistance around the 201.20 level, which corresponds to the 61.8% Fibonacci retracement of the downward move from the June 2024 high to the August 2025 low. A break above this level could open the path for further gains, with the next significant resistance at the 203.00 psychological level. On the downside, the 200.00 level serves as a strong support level, followed by the lower Bollinger Band, currently at 198.55. This support level aligns with the take-profit level of our GBPJPY trade signal, suggesting a potential retracement before the uptrend resumes. In conclusion, the GBPJPY cross is poised for further gains in the near term, driven by the fundamental backdrop of anticipated interest rate hikes by the BoE and the BoJ's decision to maintain its current monetary policy. Technically, the GBPJPY cross is trading near overbought conditions, but the lack of bearish conviction and strong support levels indicate that the uptrend might persist. Keep a close eye on the BoE and BoJ monetary policy meetings this week, as they could significantly influence the GBPJPY instrument. Trade Signal: Entry: 199.910 Take Profit: 198.550 Stop Loss: 200.770 (Note: The trade signal is provided for informational purposes only and should not be considered as financial advice. Always consult with a licensed financial professional before making any trading decisions.) Sources: * newsdata.io * fxstreet.com/rss/news * fxstreet.com/rss/analysis * dailyforex.com/rss/forexnews.xml (Please note that the sources listed above are used for research purposes only and do not imply endorsement or affiliation.)Technical Analysis for GBPJPY
In summary, this sell trade in GBPJPY is backed by multiple technical confirmations. From RSI extremes to SMA100 crossovers and ATR compression, the setup aligns with our best-performing Signal framework.
ATR(14) is currently consolidating, which suggests that a breakout move may be forming. Combined with RSI extremes and SMA positioning, this aligns perfectly with our RSI-based trading strategy.
✅GBPJPY Signal Info – Entry Price, TP and SL Guidelines
- Selected Pair: GBPJPY
- Trend: Sell
- Entry: 199.910 or Better
- Intial Target: 198.550
- Stop Exit: 200.770
- Risk Analysis:0.5% or adjust accordingly
- Arrived At: 2025.09.17 04:08
📊 GBPJPY Trade Signal – Entry Checklist
- Avoid entry during high-impact news releases related to GBPJPY for better risk control.
- Use a stop-limit order if volatility spikes around key levels.
- This This trading setup remains valid until either the Stop Loss or Take Profit is hit.
- Follow strict trade risk management — do not exceed 1% equity exposure on this trade idea.
- Consider a stop-limit order if you expect sudden spikes during London or New York sessions.
"Your trading results reflect your discipline, not the market."
Risk Notice: Any strategy on GBPJPY carries the potential for loss. Apply risk-to-reward ratios responsibly.

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