Daily Outlook โ€“ 23nd July 2025

GBPJPY & EURJPY look choppy with limited setups. GBPAUD remains bullish on 4H but could offer buys or sells depending on Asia zone breaks. NY update later today.

Both pairs look a bit choppy today, with no clean zones to work with.
โ€ข On GBPJPY, Iโ€™ve identified a minor potential zone โ€“ the previous London session zone.
If price breaks above and gives a retest, it could offer a potential buy setup.

โ€ข On EURJPY, I currently see nothing of interest โ€“ no clear structure or reliable zones.

โ€ข The pair remains bullish on the 4H timeframe, so we continue to focus on buy opportunities.
However, thereโ€™s also potential for a sell setup if conditions shift.

โ€ข Buy Setup:
Break above previous Asia High + clean retest = possible long entry

โ€ข Sell Setup:
Break below previous Asia Low + retest = potential short opportunity,
even though the higher timeframe bias remains bullish

Iโ€™ll wait for confirmation and let the market guide the direction.