GBP/JPY – 30M – SELL
SELL
64%
▲ Bullish 36% (16.20)
▼ Bearish 64% (28.28)
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Signal evolution
Signals Fired
| Signals Fired | Category | Weight | |
|---|---|---|---|
| ▼ | Double Top | chart_pattern | 4.23 |
| ▼ | Triple Top | chart_pattern | 3.68 |
| ▼ | Trendline Break Down | trendline | 3.06 |
| ▼ | MIDPOINT Retreat Down | indicator | 2.69 |
| ▼ | Trendline Retreat Down | trendline | 2.47 |
| ▼ | MA Retreat Down | indicator | 2.40 |
| ▼ | MIDPRICE Retreat Down | indicator | 2.40 |
| ▼ | KAMA Retreat Down | indicator | 2.39 |
| ▼ | EMA Retreat Down | indicator | 2.34 |
| ▼ | HT TRENDLINE Retreat Down | indicator | 2.32 |
| ▼ | MAMA PRICE Retreat Down | indicator | 2.32 |
| ▼ | Resistance Level Retreat Down | sr | 2.24 |
| ▼ | DEMA Retreat Down | indicator | 2.20 |
| ▼ | Fibonacci Break DownTrend (0%) | fibonacci | 1.99 |
| ▲ | CCI OS Exit | indicator | 1.94 |
| ▼ | STOCHF KD Cross Down | indicator | 1.87 |
| ▼ | BOP Zero Cross Down | indicator | 1.71 |
| ▼ | HT PHASOR Inphase Cross Down | indicator | 1.64 |
| ▼ | Bearish Engulfing | candlestick | 1.12 |
| ▼ | Shooting Star | candlestick | 1.01 |
| ▼ | Last Engulfing Bottom | candlestick | 0.92 |
Trend Context
15MDOWNTrend forming
30MDOWNChoppy / sideways
1HDOWNChoppy / sideways
2HDOWNSolid trend
4HDOWNVery strong trend
8HDOWNSolid trend
12HDOWNSolid trend
1DDOWNSolid trend
Analysis
🎯 Key Takeaways
- A dense cluster of bearish signals on the 30-minute chart points to continued downside.
- All timeframes align bearish, with the 4-hour showing a very strong trend.
- Watch support at 211.437; a break below could open further downside.
- Resistance at 212.267 is the key level to reclaim for bulls to regain control.
The 30-minute GBP/JPY chart has fired a dense cluster of bearish signals, including Trendline Retreat Down, Trendline Break Down, Double Top, Triple Top, BOP Zero Cross Down, CCI OS Exit, STOCHF KD Cross Down, and DEMA Retreat Down, among 13 others. This confluence spans multiple signal groups—chart patterns, trendlines, indicators, and Fibonacci—reinforcing a strong bearish bias. The alignment across timeframes is consistently bearish, with the 4-hour timeframe showing a very strong trend (4/5) and the 2-hour, 8-hour, 12-hour, and daily timeframes all solidly bearish (3/5). The 30-minute itself is choppy but bearish, suggesting the current move is part of a broader downtrend. Key levels to watch are resistance at 212.267 and support at 211.437; a break below support could accelerate the decline, while a reclaim of resistance would invalidate the bearish setup.
Catalysts
- ▼ Multiple bearish patterns (Double Top, Triple Top) and trendline breaks confirm selling pressure.
- ▼ Indicator confluence: BOP Zero Cross Down, CCI OS Exit, and STOCHF KD Cross Down all signal bearish momentum.
- ▼ Stronger timeframes (4h, 2h) are solidly bearish, supporting the 30-minute signal.
- ▼ Trendline Retreat Down and DEMA Retreat Down add to the bearish case.
Risk Factors
- ▲ The 30-minute and 1-hour trends are choppy/sideways, which could lead to false breakouts.
- ▲ A bounce from support at 211.437 could stall the decline; a break above 212.267 would invalidate the bearish setup.
- ▲ Momentum could fade if the 30-minute CCI exits oversold without a sustained move lower.
- ▲ Given the very strong probability (98%), the signal is crowded; a sharp reversal could occur on any bullish catalyst.
Symbol
GBP/JPY
Timeframe
30M
Direction
SELL
Probability
64%
Strength
WEAK
Date
2026-08-05 06:30
cat_ Forex
Forex
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 212.26700 | 2026-08-04 |
| R2 | 212.32100 | 2026-08-04 |
| R3 | 216.30900 | 2026-07-31 |
| S1 | 211.43700 | 2026-08-04 |
| S2 | 210.20500 | 2026-08-03 |
| S3 | 209.56500 | 2026-08-03 |
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