2026/03/17 GBP/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
212.1–2, and up to 213 if it breaks above?
Sell target
211

Today's GBP/JPY call: Buy.
I have a bullish bias, but price is at a spot where 4-hour selling the rally is likely to come in, so I can’t really picture it rising smoothly.
I’m assuming range-bound movement and want to pick my pullback carefully before entering.
The 1-hour structure is also a bit iffy, and if price drops into the red zone, it may become hard to buy right away.
My bias stays bullish until C breaks, but I expect selling to strengthen in the red zone.
This article reflects the author's personal view of the market. It does not recommend any specific trade; all investment decisions are your own responsibility.