Dec 26, 2025 GBP/JPY Trade Strategy

Today's GBP/JPY call: Buy.

This morning’s rise has given me a bullish bias.
I’d like to wait for a pullback and buy, but the pullback at the current level is a bit shallow, so it would be easier to buy if price dropped a little further.

I’ll decide while watching how price moves from here.
I want to plan for two patterns: either price rises again, makes a new high, then pulls back and I buy around B, or it first drops to around C and I buy after seeing that.

Review

It was Scenario B.

As expected, price dropped to around Line C, and I went long at the red circle, around the timing after a double bottom formed on the lower timeframe.
The risk-reward ratio was good too, so it was an easy entry.

It didn’t reach the target, so I closed out as price started falling from the 211.5 round number. 57 pips
Since it was late at night heading into the weekend, I think it’s best to close out while you’re in profit.