2026/09/14 GBP/JPY Trade Strategy
Today's GBP/JPY call: Buy.
I was looking to sell in the morning, but price has broken above that range, so I’m now looking to buy.
In the short term it’s moving lower, so I’ll wait to see this downside stalling before aiming for a long.
Review
It was Scenario B.
I went long at ○1, where price formed a double bottom at the lower edge of the B zone and started to rise.
After that, it kept climbing steadily and reached the pink target line.
I took profit when a long bearish candle appeared on the 5-minute chart (M5) after the line was touched. 30 pips
The market moved exactly as the scenario I had drawn up.
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.
