2026/11/09 GBP/JPY Trade Strategy
Today's Call
Direction
Sell
Buy target
212.2
Sell target
210.6
Today's GBP/JPY call: Sell.
Right now I have a bearish bias, so basically I’m waiting for a selling opportunity, but the daily chart is getting into a price zone where a reversal wouldn’t be surprising.
So even if a chance to sell comes up under Scenario B, it’s better to stay very aware that the decline could stall without breaking through the C line.
On the other hand, if the price goes up, the recent flow is still bearish, so I think a real rally will only start once it gets above the area around the yellow marker.
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.
