GBP/JPY – 2H – SELL
SELL 2× UPDATED CLOSED
19 hours ago
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Signal evolution
Conviction, candle by candle
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
15MDOWNTrend forming
30MDOWNSolid trend
1HDOWNTrend forming
2HDOWNTrend forming
4HDOWNTrend forming
8HUPSolid trend
12HUPSolid trend
1DDOWNSolid 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.
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 |