2026/10/08 GBP/JPY Trade Strategy
Today's Call
Direction
Sell
Buy target
209.6
Sell target
207.9
Today's GBP/JPY call: Sell.
From a somewhat ambiguous structure, it feels like the higher timeframe may have made a bearish shift too.
It’s still a range, though, so I want to keep risk-reward in mind and wait for a good entry.
Review
No trade
Price didn’t move the way I had expected, so I waited and saw.
Around the red circle, it’s tempting to go short, but the move that followed would have meant a breakeven exit.
After that, I just waited and saw, and that was it for the day.
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.
