2026/08/24 GBP/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
217.8
Sell target
216.2

Today's GBP/JPY call: Buy.
I have a bullish bias for now, but price has stalled in a range.
I need to wait and see a little longer, but if the area around 216.6, which I’m treating as the range low, holds firm, I’d like to buy.
If I sell, the 4-hour chart is still in an uptrend, so I don’t think there’s much room to run.
Review

No trade.
There were no clear setups with a good risk-reward ratio.
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.