2026/08/25 GBP/JPY Trade Strategy
Today's GBP/JPY call: Buy.
The situation is almost the same as yesterday, but it looks like it’s about to break to the upside.
If price holds here, I’d like to buy.
If it breaks to the downside, there may be a short-term short opportunity, but the bigger trend is still a buy.
Review
It was a range.
In the first half, you could buy from the small double bottom under Scenario B.
The risk-reward was good near the pullback low, so it was an easy buy.
Price made a new high, but then started turning down (making lower highs), so I took profit for now. 30 pips
After that, it was wait and see, watching out for a bearish shift, but buying again around the blue circle, where it turned up (making higher lows) once more, would also have been fine.
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.
