GBP/JPY – 4H – BUY

The 4H GBP/JPY signal is a BUY, driven by a cluster of bullish indicators including a Bear Flag pattern, BOP Zero Cross Up, STOCH KD Cross Up, and multiple retreat-up signals (DEMA, MAMA PRICE, MIDPOINT, MIDPRICE) plus an HT PHASOR Inphase Cross Up. These signals suggest that despite the prevailing bearish trend on higher timeframes, a short-term bullish reversal is underway. The Bear Flag pattern typically indicates a continuation of the prior downtrend, but the confluence of momentum and price-retreat signals points to a potential bounce toward the nearest resistance at 218.676.

Trend alignment across timeframes is mixed: the 15m and 30m are bullish, while the 2H through 1D are bearish, with the 4H and 8H showing very strong bearish trends. This suggests the bullish signal is counter-trend on higher timeframes, which reduces its reliability. The key support at 209.565 is far below, and resistance at 218.676 is the immediate target. Traders should watch for a break above resistance to confirm the bullish move, but be cautious of the dominant bearish trend resuming.