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tradingconmike

GBPJPY → Seesaws at around 186.00

Long
British Pound / Japanese Yen (FX:GBPJPY)  
tradingconmike  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns GBPJPY gbpjpylong gbpjpyanalysis gbpjpysignal gbpjpytrade Contains IO script
5
0
trendanalysis chartpattern gbpjpy gbpjpylong gbpjpyanalysis gbpjpysignal gbpjpytrade containsioscript
- GBP/JPY's modest gain reflects cautious market sentiment ahead of important UK economic releases.

- Technical analysis suggests bullish trend intact; breach above 186.00 could open path to 187.00 and 188.00 resistance levels.

- For a downward shift, sellers need to push the pair below 185.00, targeting the 183.39 low and 182.45.
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