The image shows a candlestick chart of the GBP/JPY
The image shows a candlestick chart of the GBP/JPY currency pair from August to November 2024. The chart is plotted on a 4-hour timeframe and is sourced from the OANDA platform. The chart displays a positive trend with a rising black line indicating an upward trend. The exchange rate is currently at 195.190 JPY, with a high of 195.973 JPY. The orange rectangle on the chart represents a resistance level, which is the price point where the market is expected to face difficulty in rising above.
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