Latest Articles

August Sees Significant Decline in Bitcoin-Related Stocks

Stocks linked to Bitcoin (BTC) experienced sharp declines in August, with notable drops in several high-profile companies, according to data from S&P Global Market...
HomeLatestGBPJPY Resumes Upward Momentum – June 26, 2024

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

Related topics: