GBP/JPY Outlook


Let’s take a look at one of our favorite pairs to trade – the GBP/JPY.

It does seem there is potentially more room for more upward movement, however, 134.00 is a strong resistance area so this is definitely an area of caution.

If we can break and break away from the 134.00 price, then look for a higher move up to the 135.00 – 136.00 price area.

Good luck with trading and have a great weekend.

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