GBP/JPY 2H BUY

· 14 hours ago
BUY
96%
▲ BUY
VERY STRONG
Intraday
Prognose: 61% historisch
⚡ Confluence +60%
▲ Bullish 96% (48.18) ▼ Bearish 4% (1.96)
GBP/JPY  ·  2H
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Signal evolution

Signals Fired

Signals Fired Category Weight
Bear Flag chart_pattern 2.99
DEMA Retreat Up indicator 2.26
Fibonacci Retreat UpTrend (79%) fibonacci 2.06
STOCHF KD Cross Up indicator 1.75
HT SINE Zero Cross Down indicator 1.71
BOP Zero Cross Up indicator 1.70
MA Retreat Up indicator 1.59
CCI Zero Cross Up indicator 1.48
MOM Zero Cross Down indicator 1.41
ROC Zero Cross Down indicator 1.41
ROCR Cross Down indicator 1.41
HT TRENDLINE Retreat Up indicator 1.37
MAMA Cross Up indicator 1.15
Bullish Engulfing candlestick 1.12
Belt Hold Bullish candlestick 0.82

Trend Context

15M
UPTrend forming
30M
UPChoppy / sideways
1H
UPChoppy / sideways
2H
DOWNSolid trend
4H
DOWNVery strong trend
8H
DOWNVery strong trend
12H
DOWNSolid trend
1D
DOWNSolid trend

Analysis

🎯 Key Takeaways
  • Multiple bullish signals on the 2H chart suggest a potential bounce, but the overall trend is bearish on higher timeframes.
  • The Bear Flag pattern and indicator crossovers (BOP, CCI, STOCHF) are the main bullish drivers.
  • Watch the nearest resistance at 218.676; a break above could signal a stronger rally, while a drop below support at 209.565 would negate the setup.
  • This is a counter-trend signal; risk is elevated, so position sizing and stop-losses are crucial.
The GBP/JPY 2H signal fires a BUY, driven by a cluster of indicator crossovers (BOP Zero Cross Up, CCI Zero Cross Up, STOCHF KD Cross Up) and a Bear Flag pattern, suggesting a potential bullish reversal within a broader downtrend. However, the higher timeframes (4H, 8H, 12H, 1D) remain firmly bearish, with strong trend scores, indicating that this bounce may be counter-trend. The lower timeframes (15m, 30m, 1h) show tentative bullish momentum, but the 2H itself is bearish, creating a conflicting picture.

Key levels to watch: nearest resistance at 218.676 and nearest support at 209.565. A break above resistance could confirm a deeper pullback, while a loss of support would invalidate the bullish case. The confluence of multiple indicators and the Bear Flag pattern provides some bullish impetus, but traders should be cautious given the overwhelming bearish bias on higher timeframes.
Catalysts
  • Confluence of multiple technical indicators (BOP, CCI, STOCHF) all turning positive on the 2H timeframe.
  • Bear Flag pattern, a classic continuation pattern that can sometimes lead to reversals when combined with other signals.
  • Bullish momentum in the lower timeframes (15m, 30m, 1h) may provide short-term support for the bounce.
  • The signal's probability is 69%, indicating a moderately strong edge.
Risk Factors
  • Higher timeframes (4H, 8H, 12H, 1D) are all bearish with strong trend scores, suggesting the broader trend is down and may overwhelm the 2H bounce.
  • The 2H timeframe itself is bearish, so the buy signal is counter-trend on its own timeframe.
  • Momentum indicators like MOM, ROC, and ROCR are crossing down, which could indicate that the bullish momentum is waning.
  • A break below the nearest support at 209.565 would invalidate the bullish setup and likely lead to further declines.
Symbol GBP/JPY
Timeframe 2H
Direction BUY
Probability 96%
Strength VERY STRONG
Date 2026-08-05 06:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 218.67600 2026-07-30
R2 218.82900 2026-07-20
R3 219.60500 2026-07-15
S1 209.56500 2026-08-03

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