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GBPJPY Resumes Upward Momentum – June 26, 2024

GBPJPY Price Analysis

The GBPJPY pair has resumed its upward momentum, achieving additional gains and reaching 202.87. This confirms its adherence to a bullish bias, supported by stability around the first support level at 201.35 and continued positive momentum from major indicators.

These factors maintain a bullish outlook, with further targets anticipated near 203.30 and subsequent resistance at 203.60.

Expected Trading Range

  • Support: 201.80
  • Resistance: 203.60

Trend Forecast: Bullish

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