[m.youssif]

GBPJPY Forecast
The GBPJPY was indecisive yesterday. The bias is neutral in nearest term but still within the context of a bullish scenario targeting 133.00 this week especially if price able to make another strong break above 131.85 area. Immediate support remains at 130.40. Break below that area could trigger further bearish pullback in nearest term but as long as price stays above 129.30 I still prefer a bullish scenario at this phase.

[m.youssif]

GBPJPY Forecast
The GBPJPY was indecisive yesterday. The bias is neutral in nearest term but still within the context of a bullish scenario targeting 133.00 this week especially if price able to make another strong break above 131.85 area. Immediate support remains at 130.40. Break below that area could trigger further bearish pullback in nearest term but as long as price stays above 129.30 I still prefer a bullish scenario at this phase.