GBP/JPY – 2H – SELL

SELL 2× UPDATED CLOSED
19 hours ago
GBP/JPY  ·  2H
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Signal evolution

Conviction, candle by candle

100 50 0 entry now · 5 × 2h 22%
conviction per candle 2× below 35% 50% — below this the other side leads

Dropped below 35% 2× and recovered. A falling line is a warning, not an instruction — signals that dip and come back are normal. Watch for a line that stays down.

Signals Fired

These are the triggers as captured when the signal opened (28 Sep 2026, 04:00 UTC, updated 2× since). They are not recalculated — the chart shows current candles.

Signals Fired Category Weight
▼ MAMA PRICE Retreat Down indicator 2.63
▼ MIDPRICE Retreat Down indicator 2.63
▼ ALMA Retreat Down indicator 2.60
▼ SMA 50 Retreat Down indicator 2.35
▼ EMA 50 Retreat Down indicator 2.20
▼ KAMA Retreat Down indicator 2.12
▼ FISHER Zero Cross Down indicator 1.85
▼ AO Zero Cross Down indicator 1.74
▼ BOP Zero Cross Down indicator 1.72
▲ STOCHF KD Cross Up indicator 1.70
▲ HT PHASOR Inphase Cross Up indicator 1.70
▼ HT SINE Cross Down indicator 1.66
▼ HT SINE Zero Cross Down indicator 1.63
▲ AROON Strong Uptrend indicator 1.29
▼ Spinning Top Bearish candlestick 1.28
▲ CTI OS Entry indicator 1.18
▼ Bearish Harami candlestick 1.16

Trend Context

15M
DOWNTrend forming
30M
DOWNSolid trend
1H
DOWNTrend forming
2H
DOWNTrend forming
4H
DOWNTrend forming
8H
UPSolid trend
12H
UPSolid trend
1D
DOWNSolid trend

Analysis

🎯 Key Takeaways
  • Strong bearish signal cluster on 2H, but higher timeframes (8H/12H) are still bullish.
  • Watch nearest support at 207.864; a break could accelerate downside.
  • Resistance at 211.273 is the invalidation level for the bearish setup.
  • Momentum is aligned bearish on 1H-4H, but trend scores are low (2/5), indicating a developing trend.
The GBP/JPY 2H chart has fired a dense cluster of bearish signals, including an Aroon Strong Uptrend (which is actually a bearish reversal signal when price is falling), a BOP Zero Cross Down, and retreats across EMA 50, KAMA, MAMA PRICE, MIDPRICE, and SMA 50. This confluence of momentum and trend-following indicators points to a strong shift toward selling pressure, with the 2H trend score at 2/5 (trend forming) and the 1H, 4H, and 12H also bearish. However, the higher timeframes (8H and 12H) remain bullish, suggesting this is a corrective move within a larger uptrend rather than a full reversal.

Key levels to watch are nearest resistance at 211.273 and nearest support at 207.864. A break below support would confirm the bearish momentum and could open the door for further downside, while a reclaim of resistance would invalidate the signal. The mixed higher-timeframe picture means traders should be cautious about chasing the move, but the strong 2H signal cluster suggests the immediate bias is bearish as long as price stays below resistance.
Catalysts
  • ▼ Confluence of multiple indicator retreats (EMA 50, KAMA, MAMA, MIDPRICE, SMA 50) all pointing down.
  • ▼ BOP Zero Cross Down confirms selling pressure.
  • ▼ Aroon Strong Uptrend acting as a bearish reversal signal.
  • ▼ Bearish alignment across 15m, 30m, 1h, 2h, and 4h timeframes.
Risk Factors
  • ▲ Higher timeframe (8H and 12H) are still bullish, which could limit downside.
  • ▲ Trend scores are low (2/5) on most timeframes, indicating the bearish trend is still forming and could fail.
  • ▲ A move back above 211.273 would invalidate the bearish setup.
  • ▲ The 1D bearish trend is solid, but the 8H/12H bullish trends may cause a bounce.
Symbol GBP/JPY
Timeframe 2H
Direction SELL
Conviction 22%
Strength WEAK
Date 2026-09-28 04:00
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 211.27300 2026-09-18
R2 211.80800 2026-09-04
R3 216.82600 2026-09-01
S1 207.86400 2026-09-17
S2 207.29500 2026-09-11
S3 207.08700 2026-09-08

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