FX:GBPJPY   Paun British / Yen Jepun
GBPJPY

This pair has been on a steady uptrend since the 1st of February. Price rejected at 190.071 and started to create lower lows. In the process, liquidity was formed underneath the 187.917 and 188.912 levels. I'm looking for these areas to be retested before the uptrend continues.


Based on the current trend, there is a possibility that the price may exceed the range it is currently trading within, thus creating an opportunity for further growth and the potential to reach new highs.

Penafian

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