GBP/JPY Bullish Channel (07.3.25)

The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:

1st Resistance – 192.46
2nd Resistance – 193.40

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Take entry now

Note

USD/JPY reverses drop as shares climb following Fed Powell comments

Powell said the economy in good place, being cautious on rates

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