2026/03/26 GBP/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
213.4
Sell target
212.4
Today's GBP/JPY call: Buy.
Price is still near the highs, which makes it tough to trade.
Since it’s a range, the basic approach is to wait for the range low. Jumping in at a half-hearted level will only cause pain, so I want to wait for the right timing.
Review
It was Scenario B.
Price fell to Line C, and I went long at the red circle where it started turning up (making higher lows).
I took profit when it started turning down (making lower highs) near the range high. 30 pips
Estimated pips for this day
+30.0 PIPS
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.
