This GBPJPY 30-minute chart shows a strong bullish reaction from the 192.30-192.50 demand zone. Price has formed a double bottom, confirming buyer strength, and is now pushing towards higher resistance levels.
Key Analysis:
✅ Support Zone: 192.30 - 192.50
✅ Target Levels: 195.30 & Beyond
✅ Trend: Bullish Structure Forming
A breakout above 193.50 could accelerate momentum toward 195.30. Keep an eye on price action for confirmation! What’s your outlook on this setup?
Key Analysis:
✅ Support Zone: 192.30 - 192.50
✅ Target Levels: 195.30 & Beyond
✅ Trend: Bullish Structure Forming
A breakout above 193.50 could accelerate momentum toward 195.30. Keep an eye on price action for confirmation! What’s your outlook on this setup?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.