[m.youssif]

GBPJPY Forecast
The GBPJPY continued its bullish momentum yesterday after break above 132.96, topped at 134.20 and closed at 134.06. The bias is bullish in nearest term testing 135.03 especially if price make another strong breakout above 134.20. Immediate support at 133.00. break below that area could lead us to neutral zone in nearest term but as long as price moves inside the bullish channel we are still in major bullish scenario.

[m.youssif]

GBPJPY Forecast
The GBPJPY continued its bullish momentum yesterday after break above 132.96, topped at 134.20 and closed at 134.06. The bias is bullish in nearest term testing 135.03 especially if price make another strong breakout above 134.20. Immediate support at 133.00. break below that area could lead us to neutral zone in nearest term but as long as price moves inside the bullish channel we are still in major bullish scenario.