ElenaMayi

GBPJPY - Reached the first target

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FX:GBPJPY   Paun British / Yen Jepun
price rose according to our analysis and reached the line of 199.47, then started to fall, and is now trying to break this level. Attempting to break 199.47 gives us the opportunity to rise to 200.59, especially if it stays above the 199.47 line. Also, before this process, maybe the price will be corrected to 198.28. Positive moves will stop if the price reverses and stabilizes below 198.28.

Tendency: Long 198.28
Target station: (199.47, 200.59).
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