2026/11/11 GBP/JPY Trade Strategy

Today's GBP/JPY call: Buy.

Things are getting a bit tricky.
The price didn’t rise yesterday, but the daily chart still looks like it wants to bounce up from a pullback.
The 4-hour chart (H4) is moving down, but the lows are turning up (making higher lows), and on the 1-hour and lower timeframes the bias points to an upward flow.
Taking everything into account, I think a bullish bias is fine.

That said, it’s a difficult situation, so I want to be strict about waiting to see how the price reacts at the key levels before making a move.