GBPJPY Potential Trend Continuation

8 Eki 2024

The market is currently testing a key psychological support level at 193.000 after a period of consolidation following recent bullish momentum. If GBPJPY closes above the 194.000 level, it could indicate continued upward movement, setting the stage for a retest of the resistance zone above this level. Given the recent bullish sentiment, a clear break and close above 194.000 would likely signal further bullish moves, potentially pushing the price toward higher levels within the resistance zone. The target is the resistance at 194.500

16 Eki 2024

İşlem kapandı: hedefe ulaştı

GBPJPY Target reached!

The price increased around 180 pips since the analysis was published