British Pound / Japanese Yen
Short
Updated

GBPJPY: Downside Pressure Increasing - Sell Opportunity!

174
GBPJPY is showing clear signs of weakness, currently trading around 198.620. If it breaks and holds below 198.300, the bearish trend will be confirmed, with the next potential target at 192.000.

Upcoming key economic news from the UK (inflation, retail sales) and Japan (BOJ policy) will be decisive. Prioritize selling strategies, monitor news closely, and manage risk tightly.
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.