GBP/JPY 8H SELL

· 13 hours ago
SELL
65%
▼ SELL
MODERATE
Swing
Prognose: 26% historisch
▲ Bullish 35% (2.91) ▼ Bearish 65% (5.46)
GBP/JPY  ·  8H
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Signal evolution

Events for GBP/JPY

Full calendar
  • TodayGBPRICS House Price Balance (Jul)●●○Forecast -30%Previous -33%in 17h
  • TodayJPYPPI MoM (Jul)●●●Forecast 0.6%Previous 0.4%in 17h
  • TodayJPYPPI YoY (Jul)●●●Forecast 7.4%Previous 7.1%in 17h

All times UTC.

Signals Fired

Signals Fired Category Weight
Fibonacci Break DownTrend (0%) fibonacci 1.54
APO Zero Cross Up indicator 1.52
HT PHASOR Inphase Cross Down indicator 1.40
MAMA Cross Up indicator 1.39
BOP Zero Cross Down indicator 1.10
STOCH KD Cross Down indicator 1.08
SMA 50 Retreat Down indicator 1.06
Spinning Top Bearish candlestick 0.98
Tweezers Top candlestick 0.64

Trend Context

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

Analysis

🎯 Key Takeaways
  • Multiple bearish indicators on the 8H chart suggest a potential short-term downtrend.
  • Higher timeframes (12H, 1D) align bearish, supporting the sell signal.
  • Watch the support at 209.565; a break below could confirm further downside.
  • Resistance at 218.676 is the key level to monitor for invalidation.
The 8H GBP/JPY signal has fired a cluster of bearish indicators, including the APO Zero Cross Up, BOP Zero Cross Down, STOCH KD Cross Down, MAMA Cross Up, SMA 50 Retreat Down, HT PHASOR Inphase Cross Down, a Fibonacci Break DownTrend (0%), and a Spinning Top Bearish candlestick. This confluence suggests momentum is turning lower on the 8H timeframe, with the SMA 50 retreating and the MAMA cross up indicating a potential shift in trend direction. The bearish sentiment is reinforced by the higher timeframes (12H and 1D) showing solid bearish trends, while the 8H itself is also bearish with a solid trend score. However, lower timeframes (15m to 2H) are still bullish but choppy, indicating that the immediate upside may be limited and could be fading. The key levels to watch are the nearest resistance at 218.676 and support at 209.565; a break below support would confirm the bearish move, while a move above resistance would invalidate the signal.
Catalysts
  • Alignment of bearish trends on 8H, 12H, and 1D timeframes.
  • Confluence of multiple indicator signals (APO, BOP, STOCH, MAMA, SMA 50, HT PHASOR) pointing lower.
  • Fibonacci Break DownTrend at 0% suggests a breakdown from a retracement level.
  • Spinning Top Bearish candlestick pattern adds to the bearish case.
Risk Factors
  • Lower timeframes (15m-2H) are still bullish, which could lead to short-term bounces.
  • The signal probability is only 65%, indicating moderate confidence.
  • A move above resistance at 218.676 would invalidate the bearish setup.
  • Momentum may be fading; the MAMA Cross Up could signal a potential reversal if price starts rising.
Symbol GBP/JPY
Timeframe 8H
Direction SELL
Probability 65%
Strength MODERATE
Date 2026-08-11 08:00
cat_ Forex Forex

Support & Resistance

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

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