GBP/JPY: Likely to Move Higher

11월 5일

Hi there,

The support zone of 197.545-197.464 needs to hold, and a higher low must form above it for a possible bullish continuation. The price is in a bullish trend on the daily and weekly timeframes, moving toward the 199.026 area.

Overall the price has low volatility with strong bullish volume; it will require monitoring.

Happy Trading,
K.

11월 6일

거래청산: 타겟 닿음

GJ played out as anticipated for the short run and now price is acting in a resistance area. The bears will need to keep a watchful eye out as the trend is overall a bullish one.