GBP/JPY Technical Analysis

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Here’s my latest analysis of the GBP/JPY on the 1H timeframe. Key support and resistance zones have been identified, along with significant Fibonacci levels to monitor market movements. 📈📉

🔍 Strategy:

Watching for a potential reaction around the support level (192.00) with a possible double bottom setup.
Blue zones are critical areas to watch for reversals or continuations.
Monitoring the MACD for confirmation of an upcoming impulse.
What’s your take on this setup? 🤔 Feel free to share your thoughts and ideas!

Feragatname

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