2026/07/02 GBP/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
216.5
Sell target
215
Today's GBP/JPY call: Buy.
Price is currently breaking out above the 15-minute range.
If it clears this area, we could see a move that breaks through the key level on the daily chart.
My bias is buy-only, but for day-trade entry timing I’d like to wait for a pullback.
If price breaks below line B, I’ll consider a short, but watch out for a bounce off the blue line near the letter C.
Review
Price did drop, but there was no retracement, so I couldn’t get in.
Estimated pips for this day
0 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.
