Oct 26, 2026 GBP/JPY Trade Strategy

Today's GBP/JPY call: Sell.

My bias is to sell, but it’s not a spot where I can sell right now.
The lower timeframes are bullish, and the daily chart could also start rising from around here, so I’d like to watch how price moves a bit longer.

In the short term, a break below the pink line near B would be a sell, but that’s right in the middle of the range, so I think it’s better not to get involved around there.

Review

No trade.

On a short-term bias, it’s a “buy” as long as price doesn’t break below the price zone marked in blue, but as I wrote in the scenario, we’re right in the middle of the range, so I think it’s fine to sit this one out.