GBP/JPY – 1D – SELL
SELL
86%
▲ Bullish 14% (4.03)
▼ Bearish 86% (24.79)
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Signal evolution
Events for GBP/JPY
Full calendar- TodayGBPCBI Industrial Trends Orders (Aug)●●○Previous -45in 9h
- TodayGBPGfk Consumer Confidence (Aug)●●○Previous -17in 22h
- TodayJPYCore Inflation Rate YoY (Jul)●●●Previous 1.6in 22h
All times UTC.
Signals Fired
| Signals Fired | Category | Weight | |
|---|---|---|---|
| ▼ | Bear Flag | chart_pattern | 3.02 |
| ▲ | ULTOSC OB Exit | indicator | 2.19 |
| ▼ | STOCHRSI KD Cross Down | indicator | 2.02 |
| ▼ | HT TRENDLINE Retreat Down | indicator | 1.91 |
| ▼ | MA Retreat Down | indicator | 1.87 |
| ▼ | Fibonacci Break DownTrend (24%) | fibonacci | 1.85 |
| ▲ | STOCH OB Exit | indicator | 1.84 |
| ▼ | BOP Zero Cross Down | indicator | 1.46 |
| ▼ | CMO Zero Cross Down | indicator | 1.40 |
| ▼ | RSI Midline Cross Down | indicator | 1.40 |
| ▼ | WILLR OB Entry | indicator | 0.87 |
Trend Context
15MDOWNSolid trend
30MDOWNVery strong trend
1HDOWNVery strong trend
2HDOWNTrend forming
4HDOWNTrend forming
8HDOWNChoppy / sideways
12HDOWNTrend forming
1DDOWNTrend forming
Analysis
🎯 Key Takeaways
- Bearish momentum is strong on lower timeframes, with a clear Bear Flag pattern and multiple oscillators crossing down.
- All timeframes are bearish, but the higher timeframes are still forming, so the trend may be in its early stages.
- Watch for a break below 209.565 support to confirm the bearish move; a move above 219.605 would invalidate the setup.
- The signal has a very strong probability (86%), but the distance to support suggests room for a move, though pullbacks are possible.
The GBP/JPY 1D chart has fired a dense cluster of bearish signals, led by a Bear Flag pattern and a cascade of momentum oscillators crossing below their midlines and exiting overbought conditions (RSI, CMO, BOP, STOCH, STOCHRSI, ULTOSC, WILLR). This confluence indicates that the recent up-move has stalled and sellers are stepping in with conviction. The alignment of bearish trends across the 15m to 1h timeframes, with very strong trend scores, suggests that the immediate momentum is firmly to the downside, while the higher timeframes (2h to 1d) are also bearish but still forming, implying that the move could develop further if lower timeframe pressure persists.
Key levels to watch are the nearest resistance at 219.605 and the nearest support at 209.565. A break below support would confirm the bear flag breakdown and open the path for a deeper decline, while a reclaim of resistance would invalidate the bearish setup. The signal's high probability (86%) and very strong strength, combined with the multi-timeframe bearish alignment, give it a solid foundation, but traders should remain cautious of potential pullbacks given the lower timeframe trend scores and the distance to support.
Key levels to watch are the nearest resistance at 219.605 and the nearest support at 209.565. A break below support would confirm the bear flag breakdown and open the path for a deeper decline, while a reclaim of resistance would invalidate the bearish setup. The signal's high probability (86%) and very strong strength, combined with the multi-timeframe bearish alignment, give it a solid foundation, but traders should remain cautious of potential pullbacks given the lower timeframe trend scores and the distance to support.
Catalysts
- ▼ Confluence of multiple bearish signals: Bear Flag, BOP, CMO, RSI, STOCH, STOCHRSI, ULTOSC, and WILLR all pointing down.
- ▼ Strong bearish trend alignment on 15m, 30m, and 1h timeframes, with very strong trend scores.
- ▼ Oscillators exiting overbought conditions, indicating a shift from bullish to bearish momentum.
- ▼ The Bear Flag pattern provides a clear chart pattern that often leads to a continuation of the prior downtrend.
Risk Factors
- ▲ Higher timeframes (2h to 1d) are only showing 'trend forming' strength, so the bearish move may lack full conviction.
- ▲ A reclaim of the 219.605 resistance level would invalidate the bearish setup and could trigger a short squeeze.
- ▲ The nearest support at 209.565 is distant, so the move could be volatile and prone to pullbacks before reaching it.
- ▲ Momentum indicators are already oversold, which could lead to a bounce if the selling pressure fades.
Symbol
GBP/JPY
Timeframe
1D
Direction
SELL
Probability
86%
Strength
VERY STRONG
Date
2026-08-19 00:00
cat_ Forex
Forex
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 219.60500 | 2026-07-15 |
| S1 | 209.56500 | 2026-08-03 |
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