"GBP/JPY at Key Demand Zone – Will Bulls Defend Support?"

6 Mar

GBP/JPY Technical Analysis – 30-Min Chart

Price is currently testing the Point of Interest (POI) zone around 190.80–191.20, which has previously acted as a strong demand area. A bullish reaction from this level could push GBP/JPY toward the 192.73 target area, aligning with recent highs.

If buyers step in at this support zone, a potential long opportunity exists, with confirmation needed through bullish price action. Conversely, a breakdown below 190.43 could invalidate the bullish setup and trigger further downside movement.

Key Levels:
- Support: 190.80, 190.43
- Resistance: 192.73

Outlook: Bullish above 190.80, but a break below 190.43 could signal weakness.

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6 Mar

Emir iptal