2026/03/25 GBP/JPY Trade Strategy
Today's GBP/JPY call: Buy.
After taking its time to form a pullback, the price is now turning into an upward move.
The daily chart and 4-hour chart are still near the highs, so caution is needed.
If it can’t break above the yellow line around 213, I think it could start losing momentum from here and move lower.
The lower timeframes are falling, so for now I’m waiting with a picture of the downside stalling around the C line.
Review
It played out as Scenario B.
The entry is a long from ○1, the pullback after price reversed on the 5-minute chart (M5) near Line C.
Take profit where price fails to break the recent high and starts to drop. 30 pips
The later ○2 was also a fine buy with the same Scenario B picture in mind.
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.
