[m.youssif]

GBPJPY Forecast
The GBPJPY had another strong bullish momentum yesterday, topped at 132.99 and closed at 132.88. The bias remains bullish in nearest term especially if price able to make another upside break above 133.00 testing 134.20 key resistance area. Immediate support at 132.00. break below that area could lead us to neutral zone in nearest term testing 130.84 support area. I prefer a bullish scenario at this phase and expecting some breaks to the upside.

[m.youssif]

GBPJPY Forecast
The GBPJPY had another strong bullish momentum yesterday, topped at 132.99 and closed at 132.88. The bias remains bullish in nearest term especially if price able to make another upside break above 133.00 testing 134.20 key resistance area. Immediate support at 132.00. break below that area could lead us to neutral zone in nearest term testing 130.84 support area. I prefer a bullish scenario at this phase and expecting some breaks to the upside.