[m.youssif]

GBPJPY Forecast
The GBPJPY had a significant bullish pullback yesterday, made a strong breakout above 132.50 as you can see on my h4 chart below. The bias is bullish in nearest term testing 134.20. A clear break above that area would continue the upside pressure retesting 135.50. On the downside, only a clear break back below 132.50 would continue the bearish pressure testing 131.00 – 130.50 support area.

[m.youssif]

GBPJPY Forecast
The GBPJPY had a significant bullish pullback yesterday, made a strong breakout above 132.50 as you can see on my h4 chart below. The bias is bullish in nearest term testing 134.20. A clear break above that area would continue the upside pressure retesting 135.50. On the downside, only a clear break back below 132.50 would continue the bearish pressure testing 131.00 – 130.50 support area.