GBPJPY: Time to Grow Higher
GBPJPY had been trading in a sideways pattern for around a week before experiencing a bullish surge today. This upward movement caused the pair to become bullish.
The price successfully broke above a resistance level within the range on a 4-hour chart, with the help of a strong momentum candle.
As a result, we can anticipate further bullish movement in the near future, with potential targets at 190.48 and 190.98.
The price successfully broke above a resistance level within the range on a 4-hour chart, with the help of a strong momentum candle.
As a result, we can anticipate further bullish movement in the near future, with potential targets at 190.48 and 190.98.
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Join our Telegram channel for daily market update 👇👇
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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.