GBPJPY Potential Up Trend Continuation

22 Eki 2024

GBPJPY is forming a bullish trend, marked by higher highs and higher lows on the 1H timeframe. Recently, it broke and closed above the 195.600 resistance zone, a level that had been tested multiple times. Following this breakout, the market could surge toward the upper boundary of the channel. Given the choppy market behaviour since the beginning of October, this breakout could potentially be significant. The target is the resistance zone around 196.900

24 Eki 2024

İşlem kapandı: hedefe ulaştı

GBPJPY Target reached!

Price went up over 150 pips since the analysis was published!