GBP/JPY Outlook

Price is currently sitting on top of major support and respecting it so to speak. We could very well see bullish movements to retest the Daily trend-line to possibly create and big 2 to 3 then a break to the downside respecting the daily trend-line. On the other hand if our current trend-line doesn't hold bullish prices we could see another bearish rally to the downside to retest our horizontal support. If price break our horizontal support our next target will be in the 142.686 region.



https://www.tradingview.com/x/MR5DMWxx/