20ma.com
Daily Trade Strategy Published GBP/JPY / GBP/JPY

2026/04/23 GBP/JPY Trade Strategy

Today's Call
Direction Buy
Buy target 215.8–9
Sell target 214.6
2026/04/23 GBP/JPY trade strategy 15-minute chart

Today's GBP/JPY call: Buy.

It’s still a range, so not much has changed from yesterday.
On the 1-hour chart (H1), a head and shoulders pattern is starting to take shape, so sellers are gaining the edge compared to yesterday.
If price reverses without breaking around the C line, I’ll buy; if it breaks below, I’ll sell.

On the daily chart, it does look like price is losing momentum near the highs.

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.

Share Share on X #GBP/JPY
Frog @20ma_fx A trader with 20 years of FX experience Also enjoys programming as a hobby alongside trading

Recommended Articles