GBP/JPY Weekly Outlook (Beginner-Friendly Analysis)
Good day everyone,
Here’s my analysis for GBP/JPY for the upcoming trading week:
Starting from the DAILY TIMEFRAME, the market has recently shown a strong bullish move. Price broke above a previous structure, and then continued to break another key level. This is what I describe as a double breakout, which indicates strong buying momentum in the market.
After this move, I noticed a liquidity area formed by a single candle. In simple terms, this represents a zone where orders are likely sitting, and price may return to before continuing its move. This liquidity helps me identify and protect my area of interest (POI).
Instead of entering immediately, I prefer to wait for confirmation. So, I moved down to the 30-minute timeframe to get a
clearer view of price action.
On the lower timeframe, I observed a market structure shift, which suggests that buyers are stepping back into the market. At the same time, price reacted around my identified POI, which also aligns with a breaker block / order block—a zone where institutions are likely placing trades.
Because this POI is close to the liquidity zone, it strengthens the probability of a valid setup.
✅ Conclusion:
Overall, my bias for GBP/JPY this week is bullish. I will be looking for buying opportunities, especially if price continues to respect this structure and provides further confirmation.
If I see any continuation setups during the week, I’ll be sharing updates.
Thanks for readi
ng, and trade safe.
