GBP/JPY Analysis

Hello everyone.

As many of the world markets are closed for bank holidays, let’s look at an analysis for all you European-Yen cross traders – the GBP/JPY.

The underlying trend remains potentially bullish so watch for a continuation of the uptrend. Watch for a break above and break away from the high in mid-April – if we see that, then look for a potential longer term continuation to the 140.00 mark and above.

Good luck, happy trading and we hope everyone has a great weekend.