[m.youssif]

GBPJPY Forecast
The GBPJPY had a bearish momentum yesterday after broke below the range area as you can see on my h1 chart below and hit 135.96 earlier today in Asian session. The bias is bearish in nearest term testing 135.00. Immediate resistance at 137.50. A clear break above that area would lead us to neutral zone in nearest term testing 138.00 but only a clear break above 139.00 would end this bearish correction phase.

[m.youssif]

GBPJPY Forecast
The GBPJPY had a bearish momentum yesterday after broke below the range area as you can see on my h1 chart below and hit 135.96 earlier today in Asian session. The bias is bearish in nearest term testing 135.00. Immediate resistance at 137.50. A clear break above that area would lead us to neutral zone in nearest term testing 138.00 but only a clear break above 139.00 would end this bearish correction phase.