GBPJPY: Our Bias Has changed, We are now targeting 190.00 area.OANDA:GBPJPY price breakthrough and left very strong lows, in our view, price will remain bullish. There are two possibilities at the current area, price can just shoot up to 187-188 price area. Or drop in the region of 180 and then bounce back from there. However, JPY pairs move fast and most of the time when they leave strong lows or highs they create a big move.
For these reason we are bullish.
