[m.youssif]

GBPJPY Forecast
The GBPJPY didn’t make significant movement yesterday. The double top bearish scenario remains intact but would need a clear break below 130.84 strong support area to continue the bearish scenario testing 130.20 and 129.33. Immediate resistance at 132.00. Break above that area could trigger further upside pullback testing 133.00 and could be a serious threat to the double top bearish scenario.

[m.youssif]

GBPJPY Forecast
The GBPJPY didn’t make significant movement yesterday. The double top bearish scenario remains intact but would need a clear break below 130.84 strong support area to continue the bearish scenario testing 130.20 and 129.33. Immediate resistance at 132.00. Break above that area could trigger further upside pullback testing 133.00 and could be a serious threat to the double top bearish scenario.