GBPJPY buy then sell plan explained #gbpjpyanalysis #gbpjpy #forextrading #forexsignals #shorts
In this short video, Vladimir Ribakov outlines a trading plan for the GBP/JPY pair. He describes how the pair may generate a series of fake highs—repeated attempts to push higher followed by pullbacks—under a bearish divergence. If this pattern occurs, a rising support line could become the breakout trigger. The primary strategy is to wait for the price to make lower lows and then sell the ensuing rallies. As an alternative, Ribakov notes that on the 4‑hour chart the market might develop a classic lower‑high, lower‑low reversal without a false breakout, after which pullbacks could signal breakout opportunities. He references the daily timeframe as the broader context for these moves.
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