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British Pound / Japanese Yen

GBPJPY Shorts or Longs

By Scatters
Very strong resistance at 143.400, If we break that resistance looking for target 1 at 143.900 and target 2 at ~144.500. If we cannot break that strong resistance going back down to 142.500 support. If 142.500 break looking further down to 142.000. Keep in mind that Bank of England is more in favor to cut interest rates which could cause a bearish sterling. However, this could be priced in the market already. Would love some feedback.
GBPGBPJPYgbpjpyshortGoldgpbjpylongjpyTechnical AnalysistrendTrend Analysis

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