GBPJPY Poised for Breakout: Bullish Reversal from Key Support

The GBP/JPY pair is exhibiting range-bound behavior with a neutral intraday bias. The price action is oscillating between key support and resistance levels, indicating a lack of decisive momentum in either direction
The overall sentiment remains cautiously bullish, with traders eyeing the key resistance at 190.00. The recent price action suggests building momentum, but confirmation through a breakout is essential before committing to long positions.
In summary, the GBP/JPY pair is at a critical juncture. The alignment of technical indicators and market structures supports the potential for a bullish continuation, but traders should await confirmation through a break above key resistance levels

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Let’s stay patient and ready.
Stick to the plan, Forex Mind Empire