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26 Jun 2024

GBPJPY Price Analysis

Expected Scenario
The GBPJPY pair resumed its positive crawl to achieve some additional gains by reaching 202.87, confirming its surrender to the domination of the bullish bias that depends on the stability of the first support line at 201.35, in addition to the continuous positive momentum coming by the major indicators.
These factors allow us to keep our bullish overview, reminding you that the additional targets are located near 203.30 followed by reaching the additional resistance at 203.60.
Expected Trading Range
Between 201.80 and 203.60.

Trend Forecast: Bullish
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