[m.youssif]

GBPJPY Forecast
The GBPJPY had a moderate bullish momentum on Friday and now back above 132.00. This fact keeps the bullish scenario intact but would need a clear break above 133.00 to continue the bullish scenario targeting 134.20 area. On the downside, another break below 132.00 could trigger further bearish pullback testing 130.84 and could lead us back to neutral medium bias.

[m.youssif]

GBPJPY Forecast
The GBPJPY had a moderate bullish momentum on Friday and now back above 132.00. This fact keeps the bullish scenario intact but would need a clear break above 133.00 to continue the bullish scenario targeting 134.20 area. On the downside, another break below 132.00 could trigger further bearish pullback testing 130.84 and could lead us back to neutral medium bias.