British Pound / Japanese Yen
Long
Updated

General outlook GBPJPY

120
General outlook
GBPJPY Support levels are now located at 190.800 and 188.700.
If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.
Now, the resistance level is located at 193.600.
The upcoming news will not influence your orders within the mentioned period.
Some traders may close their positions on Friday, which can add more pressure to the market.
Trade closed: target reached

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