GBPJPY
The chart shows the expected movement of GBPJPY. First, I anticipate the price to push up to 195.423, as indicated by the white line. This represents a bullish move before the market reverses. Once GBPJPY reaches this resistance level, I expect the price to drop back down to the support zone at **184.50**, marked by the blue line.
The **184.50** level is a key support area where the price may react. If it reaches this level, there is a possibility of a bounce or consolidation before the next move.
The **184.50** level is a key support area where the price may react. If it reaches this level, there is a possibility of a bounce or consolidation before the next move.
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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.