2026/10/05 GBP/JPY Trade Strategy
Today's Call
Direction
Buy
Buy target
209.7
Sell target
207.2
Today's GBP/JPY call: Buy.
My bias is to buy, but it looks like a range, so this could be tricky.
If we go with Scenario B, there are signs building that price could drop that far, so taking a quick short like the blue arrow is also worth considering. There’s room to run down to Line C, too.
That said, this is an area where short-term buying can come in, so I don’t think you need to force a trade.
Review
No trade
There was nothing to do.
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.
