GBP/JPY H1 Technical Analysis
GBP/JPY H1 Technical Analysis:
Uptrend Continues!
The GBP/JPY pair remains in a strong uptrend on the 1-hour chart, with higher highs and higher lows. Key technical indicators support further upside:
Trendline: Intact and upward-sloping
Moving Averages: Bullish alignment (50MA > 200MA)
Momentum: RSI in bullish territory (above 50)
Target: 200.500
Stay long!
Best Wishes Tom 😎
Uptrend Continues!
The GBP/JPY pair remains in a strong uptrend on the 1-hour chart, with higher highs and higher lows. Key technical indicators support further upside:
Trendline: Intact and upward-sloping
Moving Averages: Bullish alignment (50MA > 200MA)
Momentum: RSI in bullish territory (above 50)
Target: 200.500
Stay long!
Best Wishes Tom 😎
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