2026/04/06 GBP/JPY Trade Strategy
Today's GBP/JPY call: Sell.
If anything, I think it leans to the downside.
On the 15-minute chart (M15), with a short-term bias it also looks like a spot where you’d be buying, so I’d like to sell where that rise stalls, or on a retracement after it turns lower.
Review
It played out as Scenario A.
Price broke through Line A without a bearish shift on the 15-minute timeframe.
Long from the red circle, which is the first pullback. Take profit when the 211.5 target is reached. 60 pips
You might be tempted to take profit at the consolidation along the way.
As risk management, that’s a valid option too.
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.
