2026/06/22 GBP/JPY Trade Strategy

Today's GBP/JPY call: Buy.

The 1-hour chart (H1) is turning up (making higher lows), and it looks likely to rise.
However, the daily chart and the 4-hour chart are sells.

The current range on the 15-minute chart (M15) could go either way, so I think it’s best to wait for a breakout in one direction before getting in.

Review

It was Scenario B.

This was right after I wrote the scenario, but price reversed in a clear way, so you could buy from ○1. 105 pips
The scenario said “after the break,” so in that case the long is from ○2. 45 pips

For both, the exit is when price starts turning down (making lower highs) just before the line.