GBP/JPY – 2H – BUY

2026-08-18 22:00 UTC · 14 hours ago

BUY

79%

▲ BUY

STRONG

Intraday

Prognose: 31% historisch

⚡ Confluence +49%

▲ Bullish 79% (23.68) ▼ Bearish 21% (6.50)

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Signal evolution

Events for GBP/JPY

Full calendar

23:50TodayJPYExports YoY (Jul)●●○Previous 19.3in 11h
23:50TodayJPYBalance of Trade (Jul)●●○Previous -406.9in 11h
10:00TomorrowGBPCBI Industrial Trends Orders (Aug)●●○Previous -45in 21h

All times UTC.

Signals Fired

	Signals Fired	Category	Weight
▲	Fibonacci Retreat UpTrend (24%)	fibonacci	2.96
▲	Trendline Retreat Up	trendline	2.86
▲	KAMA Retreat Up	indicator	2.71
▲	MA Retreat Up	indicator	2.70
▲	SMA Retreat Up	indicator	2.70
▲	HT TRENDLINE Retreat Up	indicator	2.51
▲	MIDPRICE Retreat Up	indicator	2.51
▲	EMA Retreat Up	indicator	2.39
▼	Trendline Break Down	trendline	2.34
▲	BOP Zero Cross Up	indicator	1.99
▼	MOM Zero Cross Down	indicator	1.16
▼	ROC Zero Cross Down	indicator	1.16
▼	ROCR Cross Down	indicator	1.16
▲	Bullish Harami Cross	candlestick	1.14
▲	Long Legged Doji	candlestick	1.13

Trend Context

15M

DOWNTrend forming

30M

DOWNChoppy / sideways

UPTrend forming

UPChoppy / sideways

UPTrend forming

12H

UPTrend forming

DOWNTrend forming

Analysis

🎯 Key Takeaways

Strong bullish confluence on the 2H timeframe with trendline, EMA, and momentum signals all pointing up.
Medium-term timeframes (2H to 12H) are bullish, but the daily trend is still bearish, so expect resistance.
Watch the nearest resistance at 218.676 and support at 214.779 for direction.
Momentum has flipped from bearish to bullish, supporting the long bias.

The GBP/JPY 2H signal is strongly bullish, supported by a cluster of trendline, indicator, candlestick, and Fibonacci signals. A break of a descending trendline followed by a successful retest (Trendline Retreat Up) confirms a bullish reversal, while the EMA Retreat Up and HT TRENDLINE Retreat Up align with the higher-timeframe trend. Momentum oscillators (MOM, ROC, ROCR) have crossed zero, indicating a shift from bearish to bullish momentum, and the BOP Zero Cross Up shows buying pressure. The confluence of these signals across multiple groups strengthens the bullish case.

Trend alignment is mixed but improving: the 2H, 4H, 8H, and 12H timeframes are bullish, suggesting the medium-term bias is up, while the 1D remains bearish, capping the upside potential. The 15m to 1H timeframes are bearish, but this is likely a short-term pullback within the emerging bullish structure. Key levels to watch: nearest resistance at 218.676 and nearest support at 214.779. A break above resistance could open the path higher, while a loss of support would invalidate the bullish setup.

Catalysts

▲ Multiple signal groups (trendline, indicator, candlestick, Fibonacci) all firing bullish, increasing signal reliability.
▲ Trendline break and retest confirm a bullish reversal pattern.
▲ EMA and HT TRENDLINE retreats align with the bullish momentum shift.
▲ Higher timeframe trends (4H, 8H, 12H) are bullish, supporting the 2H signal.

Risk Factors

▼ The daily (1D) trend is still bearish, which could cap upside or lead to a reversal.
▼ Short-term timeframes (15m to 1H) are bearish, suggesting possible pullback or consolidation.
▼ If price breaks below nearest support at 214.779, the bullish setup is invalidated.
▼ Momentum oscillators (MOM, ROC, ROCR) have recently crossed zero; a quick reversal could signal a false breakout.