Hi traders, are you waiting for the pullback or chasing the move?
GBPJPY has recovered strongly from the sharp liquidity sweep near 210 and is now holding above the Ichimoku Cloud. The H4 structure remains constructive, with buyers gradually rebuilding momentum above the 214.50–215.50 area.
That is the zone I’m watching. If price pulls back into it and buyers defend the area again, I still favor continuation toward:
🎯 Target: 218.60
Macro is more mixed here. Sterling remains firm ahead of today’s UK labour-market release, while expectations for another BOE hike are still supporting the Pound.
At the same time, Japanese bond yields have climbed to a three-decade high as markets increase bets on further BOJ tightening — a factor that could strengthen the Yen and limit GBPJPY upside.
Because UK employment, wage and unemployment figures are still due later today, I would rather let the 214.50–215.50 reaction confirm the trade than chase price around 216.
A sustained H4 move below 214.50 would weaken the bullish setup and suggest buyers are losing control of the recovery.
AURICVERSE View: the rebound from 210 has been impressive, but the cleaner trade is still a defended pullback. If the buy zone holds, 218.60 remains the level on my radar.
How are you reading this structure? Share your view below.
GBPJPY has recovered strongly from the sharp liquidity sweep near 210 and is now holding above the Ichimoku Cloud. The H4 structure remains constructive, with buyers gradually rebuilding momentum above the 214.50–215.50 area.That is the zone I’m watching. If price pulls back into it and buyers defend the area again, I still favor continuation toward:
🎯 Target: 218.60
Macro is more mixed here. Sterling remains firm ahead of today’s UK labour-market release, while expectations for another BOE hike are still supporting the Pound.
At the same time, Japanese bond yields have climbed to a three-decade high as markets increase bets on further BOJ tightening — a factor that could strengthen the Yen and limit GBPJPY upside.
Because UK employment, wage and unemployment figures are still due later today, I would rather let the 214.50–215.50 reaction confirm the trade than chase price around 216.
A sustained H4 move below 214.50 would weaken the bullish setup and suggest buyers are losing control of the recovery.
AURICVERSE View: the rebound from 210 has been impressive, but the cleaner trade is still a defended pullback. If the buy zone holds, 218.60 remains the level on my radar.
How are you reading this structure? Share your view below.
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⚡ Follow AuricVerse_HQ beyond the chart.
Join AURICVERSE GOLD for XAUUSD analysis, Forex, Crypto & trader discussions:
t.me/+41cp_XYSqttlZTU1
Join AURICVERSE GOLD for XAUUSD analysis, Forex, Crypto & trader discussions:
t.me/+41cp_XYSqttlZTU1
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。