2025/12/05 GBP/JPY Trade Strategy

Today's GBP/JPY call: Buy.

I’m leaning toward buying, but there’s no need to force it.
The daily chart calls for caution about a double top, the 1-hour is a sell, and the 4-hour is technically a buy but the price is in an awkward spot.

The strategy, for what it’s worth, is to buy if line B holds firm, but it seems better to just set an alert and look at other currencies.

Review

The 1-hour chart was in a selling setup, but from the point I posted the scenario there were no selling opportunities.
Price reached the blue target line and bounced, so the red circle can be judged a bullish shift and you could buy there.
If you bought, you’d take profit at 207.1, the target I had written.

It was an easy move to read.