Forex
4.00
Posted October 22, 2026
GBP/JPY
Buy
BUY
Entry Price
211.3000
Signal Details
Direction
Buy
Entry Price
211.3000
Risk: Reward
1:2.54
Trade Levels
Technical Chart
Market Analysis
GBP/JPY has recovered towards 212.00 JPY, supported by stronger sterling and expectations of tighter Bank of England monetary policy. A corrective return to the former resistance zone between 211.10 and 211.35 JPY could provide a potential long entry.
Key Indicators
The 50-period EMA serves as a trend filter, while RSI (14) measures momentum. A bullish reaction near support, with price holding above the EMA and RSI remaining above 50, would strengthen the continuation scenario.
Market Outlook
A confirmed long entry around 211.30 JPY could target 212.00 JPY and subsequently 212.95 JPY. The protective Stop Loss is positioned at 210.65 JPY. A sustained breakdown below support would weaken the bullish setup.
Risk Alert
The proposed long position requires bullish confirmation near support. A decline below 210.65 JPY would invalidate the setup. Changes in Bank of England or Bank of Japan monetary policy expectations may increase volatility.
Other Market Analyses
Explore more professional technical analyses across different markets and timeframes.
Copper
Sell
Entry Price
6.5400
Timeframe
4.00
Posted October 22, 2026
Ethereum
Sell
Entry Price
2445.0000
Timeframe
4.00
Posted October 22, 2026
AUD/USD
Buy
Entry Price
0.7000
Timeframe
4.00
Posted October 21, 2026
Solana
Buy
Entry Price
108.9000
Timeframe
4.00
Posted October 21, 2026
Natural Gas
Sell
Entry Price
3.0000
Timeframe
4.00
Posted October 21, 2026
WTI
Buy
Entry Price
99.2500
Timeframe
4.00
Posted October 20, 2026