GBP/JPY – 4H – BUY
BUY
79%
▲ Bullish 79% (16.98)
▼ Bearish 21% (4.48)
Loading…
Signal evolution
Events for GBP/JPY
Full calendar- TodayJPYExports YoY (Jul)●●○Previous 19.3in 2h
- TodayJPYBalance of Trade (Jul)●●○Previous -406.9in 2h
- TomorrowGBPCBI Industrial Trends Orders (Aug)●●○Previous -45in 12h
All times UTC.
Signals Fired
| Signals Fired | Category | Weight | |
|---|---|---|---|
| ▼ | Trendline Break Down | trendline | 2.46 |
| ▲ | Fibonacci Retreat UpTrend (38%) | fibonacci | 2.16 |
| ▲ | STOCHF KD Cross Up | indicator | 1.79 |
| ▲ | BOP Zero Cross Up | indicator | 1.75 |
| ▲ | TRIMA Retreat Up | indicator | 1.70 |
| ▲ | MA Retreat Up | indicator | 1.44 |
| ▲ | HT TRENDLINE Retreat Up | indicator | 1.43 |
| ▲ | EMA Retreat Up | indicator | 1.20 |
| ▲ | KAMA Retreat Up | indicator | 1.17 |
| ▲ | High Wave Bullish | candlestick | 0.99 |
| ▼ | MOM Zero Cross Down | indicator | 0.87 |
| ▼ | ROC Zero Cross Down | indicator | 0.87 |
| ▼ | ROCR Cross Down | indicator | 0.87 |
Trend Context
15MDOWNSolid trend
30MDOWNSolid trend
1HDOWNTrend forming
2HDOWNChoppy / sideways
4HUPChoppy / sideways
8HUPChoppy / sideways
12HUPTrend forming
1DDOWNTrend forming
Analysis
🎯 Key Takeaways
- 4H signal is bullish with strong probability (79%) and strength, driven by trendline breaks and momentum shifts.
- Lower timeframes are bearish, while higher timeframes (4H-12H) are turning bullish, creating a mixed but potentially bullish setup.
- Key levels: resistance at 218.67600, support at 214.53200. A break above resistance could confirm bullish momentum.
- Watch for invalidation below support; a close below 214.53200 would negate the bullish signal.
The 4H GBP/JPY signal is bullish, driven by a cluster of momentum and trendline indicators: a Trendline Break Down, BOP Zero Cross Up, STOCHF KD Cross Up, and EMA/HT TRENDLINE Retreat Up. These suggest that despite a short-term bearish bias on lower timeframes (15m-1h), the 4H and higher timeframes (8h, 12h) are turning bullish, with the 4H trend score at 1/5 but choppy/sideways. The confluence of trendline breaks and momentum shifts points to a potential upside move toward the nearest resistance at 218.67600, while support at 214.53200 serves as the key invalidation level.
However, the trend alignment is mixed: lower timeframes are bearish and solid, while higher timeframes are bullish but choppy. This divergence suggests the bullish signal may be early or could face headwinds. The 1D trend is bearish, adding a conflicting higher-timeframe perspective. Traders should watch for confirmation above the resistance or a hold above support to validate the bullish case, but be cautious of fading momentum if price fails to break higher.
However, the trend alignment is mixed: lower timeframes are bearish and solid, while higher timeframes are bullish but choppy. This divergence suggests the bullish signal may be early or could face headwinds. The 1D trend is bearish, adding a conflicting higher-timeframe perspective. Traders should watch for confirmation above the resistance or a hold above support to validate the bullish case, but be cautious of fading momentum if price fails to break higher.
Catalysts
- ▲ Multiple momentum indicators (BOP, STOCHF, MOM, ROC) are aligning upward on the 4H timeframe.
- ▲ Trendline breaks (both standard and HT) suggest a shift in market structure to bullish.
- ▲ Support at 214.53200 is holding, providing a base for potential upside.
- ▲ Higher timeframes (8H, 12H) are bullish, supporting the 4H signal.
Risk Factors
- ▼ Lower timeframes (15m-1h) are bearish and solid, which could pull price down before the bullish move materializes.
- ▼ The 1D trend is bearish, conflicting with the bullish 4H signal and potentially capping upside.
- ▼ The 4H trend score is weak (1/5) and choppy, indicating a lack of strong trend conviction.
- ▼ If price breaks below support at 214.53200, the bullish signal is invalidated and a bearish continuation could occur.
Symbol
GBP/JPY
Timeframe
4H
Direction
BUY
Probability
79%
Strength
STRONG
Date
2026-08-19 04:00
cat_ Forex
Forex
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 218.67600 | 2026-07-30 |
| R2 | 219.60500 | 2026-07-15 |
| S1 | 214.53200 | 2026-08-12 |
| S2 | 211.45500 | 2026-08-07 |
| S3 | 209.56500 | 2026-08-03 |
Similar Signals
↓
USD/JPY –
30M –
SELL
2026-08-20 00:00
Trendline Break Down
↓
USD/CAD –
30M –
SELL
2026-08-20 00:00
Trendline Break Down + 1 more
↓
GBP/JPY –
30M –
SELL
2026-08-20 00:00
Trendline Break Down
↑
XRP/USDT –
30M –
BUY
2026-08-19 20:30
Trendline Break Up + 2 more
↑
WIF/USDT –
30M –
BUY
2026-08-19 20:30
Trendline Break Up + 1 more