GBP/JPY Technical Analysis – 30-Min Chart
Price is currently testing the Point of Interest (POI) zone around 190.80–191.20, which has previously acted as a strong demand area. A bullish reaction from this level could push GBP/JPY toward the 192.73 target area, aligning with recent highs.
If buyers step in at this support zone, a potential long opportunity exists, with confirmation needed through bullish price action. Conversely, a breakdown below 190.43 could invalidate the bullish setup and trigger further downside movement.
Key Levels:
- Support: 190.80, 190.43
- Resistance: 192.73
Outlook: Bullish above 190.80, but a break below 190.43 could signal weakness.
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Price is currently testing the Point of Interest (POI) zone around 190.80–191.20, which has previously acted as a strong demand area. A bullish reaction from this level could push GBP/JPY toward the 192.73 target area, aligning with recent highs.
If buyers step in at this support zone, a potential long opportunity exists, with confirmation needed through bullish price action. Conversely, a breakdown below 190.43 could invalidate the bullish setup and trigger further downside movement.
Key Levels:
- Support: 190.80, 190.43
- Resistance: 192.73
Outlook: Bullish above 190.80, but a break below 190.43 could signal weakness.
If you enjoy, press the like button.
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
Related publications
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.