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British Pound / Japanese Yen

GBPJPY Weekly chart

By Forextuitions
The 4-hour right side is up against 186.04. 1-hour right side is turning down against 197.4. Near term, while below 197.4, expect pair to extend lower to correct cycle from 3.11.2024 low in 3, 7, or 11 swing towards 186.04 – 190.4 area before it resumes higher. We like the long side from the 4 hour blue box area (if reached).
Technical IndicatorsTrend AnalysisWave Analysis
Forextuitions
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