GBP/JPY 2H BUY

· 21 hours ago
BUY
69%
▲ BUY
MODERATE
Intraday
Prognose: 27% historisch
⚡ Confluence +21%
▲ Bullish 69% (24.55) ▼ Bearish 31% (10.88)
GBP/JPY  ·  2H
Loading…
Signal evolution

Signals Fired

Signals Fired Category Weight
Trendline Break Down trendline 2.79
Bear Pennant chart_pattern 2.61
CCI OS Exit indicator 2.27
ER Level Cross Down indicator 1.82
Fibonacci Break DownTrend (24%) fibonacci 1.79
BOP Zero Cross Up indicator 1.75
STOCHRSI KD Cross Up indicator 1.74
SMI Signal Cross Up indicator 1.66
AO Saucer Bullish indicator 1.62
VORTEX Cross Up indicator 1.42
HMA Direction Up indicator 1.26
TTM TREND Trend Up indicator 1.11
DEMA Retreat Up indicator 1.10
Hammer candlestick 1.10
Support Level Retreat Up sr 0.91
BBANDS LOWER Retreat Up indicator 0.73
HMA Retreat Up indicator 0.62

Trend Context

15M
DOWNChoppy / sideways
30M
DOWNTrend forming
1H
DOWNSolid trend
2H
DOWNVery strong trend
4H
DOWNExtremely strong trend
8H
DOWNVery strong trend
12H
DOWNSolid trend
1D
DOWNTrend forming

Analysis

🎯 Key Takeaways
  • The 2H signal is BUY, but the broader trend is strongly bearish across all timeframes, so this is a counter-trend bounce.
  • Multiple oscillator signals (CCI, STOCHRSI, BBANDS, DEMA, AO) point to short-term oversold conditions and a potential retracement.
  • Watch the nearest resistance at 211.80800; a break above could signal a stronger reversal, while support at 207.08700 is the invalidation level.
  • Given the strong bearish trend on higher timeframes, any bounce is likely limited and should be treated with caution.
The 2H GBP/JPY signal is BUY, yet the broader trend is firmly bearish across all timeframes, with the 4H showing an extremely strong downtrend (5/5) and the 2H at 4/5. The signal is driven by a cluster of counter-trend indicators: a Trendline Break Down, Bear Pennant, and multiple oscillator exits (CCI OS Exit, STOCHRSI KD Cross Up, BBANDS LOWER Retreat Up, DEMA Retreat Up, AO Saucer Bullish) suggest a short-term bounce within the larger downtrend. The probability is 65% with moderate strength, but the alignment of lower timeframes (15m and 30m) is bearish and choppy, indicating the bounce may be shallow.

Key levels to watch: nearest resistance at 211.80800 and support at 207.08700. A break above resistance could signal a stronger reversal, while a failure to hold above support would invalidate the bullish case and likely resume the dominant downtrend. The signal's counter-trend nature means traders should be cautious, as the higher-timeframe bearish momentum could overwhelm the short-term bullish signals.
Catalysts
  • Cluster of oversold signals (CCI OS Exit, STOCHRSI KD Cross Up, BBANDS LOWER Retreat Up) suggests short-term buying pressure.
  • Trendline Break Down and Bear Pennant patterns often precede a bounce within a downtrend.
  • AO Saucer Bullish adds to the bullish momentum argument for a retracement.
  • The 2H timeframe shows a very strong trend (4/5), which may provide a platform for a short-term bounce.
Risk Factors
  • The dominant bearish trend on 4H (5/5) and 8H (4/5) could easily overwhelm the counter-trend bounce.
  • Lower timeframes (15m, 30m) are still bearish, suggesting the bounce may be weak or short-lived.
  • If price fails to hold above support at 207.08700, the bullish signal is invalidated and the downtrend likely resumes.
  • Resistance at 211.80800 is a nearby opposing level that could cap any upside move.
Symbol GBP/JPY
Timeframe 2H
Direction BUY
Probability 69%
Strength MODERATE
Date 2026-09-09 10:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 211.80800 2026-09-04
R2 216.82600 2026-09-01
R3 216.99700 2026-08-28
S1 207.08700 2026-09-08

Tags

Similar Signals