[m.youssif]

GBPJPY Forecast
The GBPJPY was indecisive on Friday. Price slipped below 135.50 but unable to stay below that area so far. The bias is neutral in nearest term. As long as price stays below 135.90 the intraday bias is more to the downside testing 134.70/20. As long as price moves inside the bullish channel I still prefer a bullish scenario at this phase but would need a consistent movement at least back above 136.00 to keep the bullish scenario remains strong testing 137.00 – 139.67 this week.

[m.youssif]

GBPJPY Forecast
The GBPJPY was indecisive on Friday. Price slipped below 135.50 but unable to stay below that area so far. The bias is neutral in nearest term. As long as price stays below 135.90 the intraday bias is more to the downside testing 134.70/20. As long as price moves inside the bullish channel I still prefer a bullish scenario at this phase but would need a consistent movement at least back above 136.00 to keep the bullish scenario remains strong testing 137.00 – 139.67 this week.