[m.youssif]

GBPJPY Forecast
The GBPJPY attempted to push lower yesterday, bottomed at 131.28 but closed significantly higher at 132.07. I still prefer a bullish scenario but like I said, would need a clear break above 133.00 to re-activate my bullish mode targeting 134.20. Any movement back below 132.00 would keep the double top bearish scenario intact with 130.84 as the nearest target.

[m.youssif]

GBPJPY Forecast
The GBPJPY attempted to push lower yesterday, bottomed at 131.28 but closed significantly higher at 132.07. I still prefer a bullish scenario but like I said, would need a clear break above 133.00 to re-activate my bullish mode targeting 134.20. Any movement back below 132.00 would keep the double top bearish scenario intact with 130.84 as the nearest target.