GBP/JPY 1H SELL

· 14 hours ago
SELL
81%
▼ SELL
STRONG
Intraday
Prognose: 46% historisch
⚡ Confluence +60%
▲ Bullish 19% (5.56) ▼ Bearish 81% (23.64)
GBP/JPY  ·  1H
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Signal evolution

Events for GBP/JPY

Full calendar
  • TodayGBPRICS House Price Balance (Jul)●●○Forecast -30%Previous -33%in 13h
  • TodayJPYPPI MoM (Jul)●●●Forecast 0.6%Previous 0.4%in 14h
  • TodayJPYPPI YoY (Jul)●●●Forecast 7.4%Previous 7.1%in 14h

All times UTC.

Signals Fired

Signals Fired Category Weight
Symmetrical Triangle chart_pattern 3.23
Trendline Break Up trendline 3.18
Fibonacci Break DownTrend (0%) fibonacci 2.06
DEMA Retreat Down indicator 1.52
Trendline Retreat Down trendline 1.46
Resistance Level Retreat Down sr 1.35
BOP Zero Cross Down indicator 1.30
BBANDS MIDDLE Cross Down indicator 1.17
MAMA PRICE Retreat Down indicator 1.16
Bearish Engulfing candlestick 1.07
MOM Zero Cross Down indicator 0.98
ROC Zero Cross Down indicator 0.98
ROCR Cross Down indicator 0.98

Trend Context

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

Analysis

🎯 Key Takeaways
  • Strong bearish signal on 1H with multiple confirmations from trendlines, chart patterns, and momentum indicators.
  • Key downside target is support at 211.45500; a break below opens further downside.
  • Higher timeframes (8H, 12H, 1D) are bearish, but 4H and below are still bullish, so watch for alignment.
  • Resistance at 215.23600 is the invalidation level; reclaiming it would negate the bearish setup.
The 1H GBP/JPY signal is strongly bearish, with a 75% probability and strong strength, backed by a cluster of signals including a Trendline Break Up, Trendline Retreat Down, Symmetrical Triangle, and multiple zero-cross downs on BOP, MOM, ROC, and ROCR, plus a BBANDS MIDDLE Cross Down. These signals collectively indicate a shift from bullish to bearish momentum, with the symmetrical triangle suggesting a potential continuation lower after a breakdown. The bearish alignment across the 15m, 30m, 8h, 12h, and 1d timeframes supports the downside bias, even though the 1h, 2h, and 4h timeframes are still bullish, creating a mixed picture. The nearest support at 211.45500 is the key downside target, while resistance at 215.23600 caps upside attempts. The confluence of trendline breaks and momentum oscillators turning negative reinforces the bearish case, but the conflicting higher timeframe bullishness on 4h and below suggests caution. A break below support would confirm the continuation, while a reclaim of resistance would invalidate the setup.
Catalysts
  • Confluence of bearish signals: Trendline Break Up, Trendline Retreat Down, Symmetrical Triangle, and multiple zero-cross downs.
  • Bearish alignment on 15m, 30m, and daily timeframes (8H, 12H, 1D) supports the downside momentum.
  • BBANDS MIDDLE Cross Down adds to the bearish momentum confirmation.
  • Strong signal strength and high probability (75%) indicate robust bearish conviction.
Risk Factors
  • Conflicting higher timeframe bias: 1H, 2H, and 4H are still bullish, which could stall the bearish move.
  • If price reclaims resistance at 215.23600, the bearish setup is invalidated.
  • Momentum oscillators may be overextended after the recent drop, leading to a pullback.
  • The symmetrical triangle could resolve upward if the break fails, turning into a bull trap.
Symbol GBP/JPY
Timeframe 1H
Direction SELL
Probability 81%
Strength STRONG
Date 2026-08-11 21:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 215.23600 2026-08-10
R2 216.30900 2026-07-31
R3 218.67600 2026-07-30
S1 211.45500 2026-08-07
S2 210.20500 2026-08-03
S3 209.56500 2026-08-03

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