GBP/JPY 2H SELL

· 1 hour ago
SELL
97%
▼ SELL
VERY STRONG
Intraday
Prognose: 61% historisch
⚡ Confluence +60%
▲ Bullish 3% (2.84) ▼ Bearish 97% (82.07)
GBP/JPY  ·  2H
Loading…
Signal evolution

Signals Fired

Signals Fired Category Weight
Descending Triangle chart_pattern 3.70
BBANDS LOWER Break Down indicator 2.71
Fibonacci Retreat DownTrend (24%) fibonacci 2.70
MA Retreat Down indicator 2.68
Trendline Retreat Down trendline 2.65
KAMA Retreat Down indicator 2.59
SMA Retreat Down indicator 2.52
HT TRENDLINE Retreat Down indicator 2.48
Trendline Break Down trendline 2.34
MAMA PRICE Retreat Down indicator 2.18
STOCHF KD Cross Down indicator 2.16
EMA Retreat Down indicator 2.15
BOP Zero Cross Down indicator 2.03
STOCH KD Cross Up indicator 1.58
HT SINE Zero Cross Down indicator 1.49
MACD Signal Cross Down indicator 1.41
WILLR OS Entry indicator 1.26
Bearish Engulfing candlestick 1.21

Trend Context

15M
DOWNSolid Trend
30M
DOWNTrend Forming
1H
DOWNTrend Forming
2H
DOWNTrend Forming
4H
DOWNTrend Forming
8H
DOWNChoppy / Sideways
12H
UPChoppy / Sideways
1D
UPTrend Forming

Analysis

🎯 Key Takeaways
  • Multiple bearish signals align on the 2H chart, including a descending triangle breakdown and trendline break.
  • Intraday timeframes (15m to 4H) are all bearish, but higher timeframes (8H-1D) remain bullish, indicating possible correction.
  • Key resistance is at 218.51800; support at 216.38900 is the next downside target.
  • The high signal probability (96%) suggests strong bearish momentum, but caution is warranted due to conflicting daily trend.
GBP/JPY on the 2H timeframe has triggered a dense cluster of bearish signals, including a Trendline Break Down, Descending Triangle breakdown, and multiple momentum crossovers (MACD, BOP, STOCHF). The confluence of chart pattern, trendline, and indicator signals points to strong selling pressure. The bearish trend is consistent across intraday timeframes (15m to 4H), all showing bearish bias, though higher timeframes (8H-1D) remain bullish or choppy, suggesting the selloff may be a corrective move within a larger uptrend. Key resistance at 218.51800 is the level to watch for continuation; a break below support at 216.38900 would confirm further downside. The high probability (96%) reflects the strength of the signal cluster, but traders should be aware of potential support from the daily bullish trend.
Catalysts
  • Confluence of chart pattern (Descending Triangle), trendline breaks, and multiple indicator crossovers (MACD, BOP, STOCHF).
  • Bearish trend alignment across all intraday timeframes (15m to 4H) with solid trend scores.
  • Strong signal strength (very_strong) with 96% probability, reflecting high conviction from multiple signal groups.
  • Oversold readings (WILLR) may indicate exhaustion, but the momentum signals confirm the bearish direction.
Risk Factors
  • Higher timeframe (1D) is still bullish, suggesting the current selloff could be a pullback within an uptrend.
  • The 8H timeframe shows choppy/sideways action, which may limit downside momentum.
  • Nearby support at 216.38900 could act as a floor, especially if the daily trend resumes.
  • Fading momentum: STOCH KD Cross Up (bullish crossover) conflicts with the bearish signal cluster, indicating potential short-term bounce.
Symbol GBP/JPY
Timeframe 2H
Direction SELL
Probability 97%
Strength VERY STRONG
Date 2026-07-29 06:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 218.51800 2026-07-27
R2 218.62300 2026-07-23
R3 218.82900 2026-07-20
S1 216.38900 2026-07-13

Tags

Similar Signals