2026/06/11 GBP/JPY Trade Strategy
Today's GBP/JPY call: Buy.
The bigger trend favors buyers, so from here I’d like to buy if price starts turning up (making higher lows).
I’ll wait with either the line near the letter B or the area around line C as my candidates.
Review
It went down.
In the first half I had a bullish bias, but price formed a double top and dropped without making a pullback, so with a scenario update I switched to a bearish bias at the red circle.
After that, I went short at ○1, where it was turning down (making lower highs).
Take profit where the lows started turning up (making higher lows) at the next pink line below. 30pips
Since the scenario changed, this one is not counted.
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.
