GBP/JPY – 4H – SELL

SELL NEW CLOSED

2026-07-29 12:00 UTC 53 days ago

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Signal evolution

Signals Fired

These are the triggers as captured when the signal opened (29 Jul 2026, 16:00 UTC). They are not recalculated — the chart shows current candles.

	Signals Fired	Category	Weight
▼	Trendline Break Downcontinuation	trendline	2.65
▲	BBANDS LOWER Retreat Up	indicator	2.28
▼	Trendline Retreat Downcontinuation	trendline	1.62
▼	MIDPRICE Retreat Down	indicator	1.53
▲	ADX Trend Strong	indicator	1.49
▼	EMA Retreat Down	indicator	1.45
▼	KAMA Retreat Down	indicator	1.45
▲	MOM Zero Cross Up	indicator	1.42
▲	ROC Zero Cross Up	indicator	1.42
▲	ROCR Cross Up	indicator	1.42
▼	HT TRENDLINE Retreat Down	indicator	1.33
▼	MIDPOINT Retreat Down	indicator	1.32
▼	Fibonacci Retreat DownTrend (79%)continuation	fibonacci	1.18
▼	MA Retreat Down	indicator	1.17
▼	DEMA Retreat Down	indicator	1.10
▼	BOP Zero Cross Down	indicator	1.09
▼	Hanging Man	candlestick	0.96
▼	Bearish Harami	candlestick	0.88

Trend Context

15M

UPChoppy / sideways

30M

UPChoppy / sideways

UPTrend forming

DOWNTrend forming

DOWNChoppy / sideways

12H

DOWNChoppy / sideways

UPTrend forming

Analysis

🎯 Key Takeaways

Multiple bearish signals align on the 4H timeframe, with a trendline break and strong ADX.
Momentum oscillators are crossing up from oversold, hinting at a possible short-term bounce.
Key resistance at 218.623 is holding; support at 217.514 is the next downside target.
Higher timeframe (daily) is bullish, which may slow the bearish momentum.

The GBP/JPY on the 4H timeframe has triggered multiple bearish signals, including Trendline Break Down and ADX Trend Strong, indicating a robust downtrend. The confluence of momentum oscillators (MOM, ROC, ROCR) crossing up from oversold levels suggests a potential short-term bounce, but the overall bearish structure remains intact. Key resistance at 218.623 is holding, while support at 217.514 is the immediate downside target. The trend across timeframes shows bearish alignment from 2H to 12H, though the 1D trend is bullish, creating a conflict that may limit downside. The moderate strength and 65% probability reflect a cautious bearish bias, with the trendline break and ADX confirming the sell-off.

Catalysts

▼ Trendline Break Down and ADX Trend Strong confirm bearish momentum.
▼ Bearish alignment on 2H to 12H timeframes supports the sell signal.
▼ Resistance at 218.623 remains unbroken, reinforcing the bearish case.
▼ Multiple signal groups (trendline, indicator, fibonacci) provide confluence.

Risk Factors

▲ Daily timeframe is bullish, which could counter the 4H bearish trend.
▲ Momentum oscillators (MOM, ROC, ROCR) crossing up may indicate a short-term reversal.
▲ Choppy/sideways trends on 15m-30m and 8H-12H suggest indecision.
▲ A break above 218.623 resistance would invalidate the bearish setup.