gbpjpy technical analysis forecast
GBP/JPY new record today 190.00 break of 189.70 resistance indicates resumption up trend. Intraday bias is back on the upside. Next target will be 192.30-60 and after that im expecting to see 198 area. On the downside, break of 184.40 support is needed to indicate short term topping.
Support area for interday correction stand on 188.30 and below 186.20
While price is above 184.40 this market is aggressively bullish and we can look to be buy on weakness above that level
break of 176 support would now indicate medium term reversal
gbpjpy |
gbpjpy |
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