2026/06/23 GBP/JPY Trade Strategy
Today's GBP/JPY call: Buy.
The 4-hour and lower timeframes have a bullish bias, but price is sitting right in a good price zone for selling the rally on the daily chart, so the action is indecisive.
In the near term, my bias won’t change until the bullish flow breaks down.
The green range in price zone B is worth watching.
If this price zone holds firm, I’d like to buy.
Review
It was Scenario C.
The retracement was shallow and didn’t make it back to Line C.
I went short from ○1, which was the range high on the 15-minute level.
I took profit at the 213 target, where a double bottom was forming. 45 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.
