GBPJPY – 4H Chart Outlook
Date: 2 June 2025
Current Price: Around 193.45
Structure: Bearish retracement after strong bullish move
Key Zones:
Support Zone: ~191.90 – 192.30
Target Area (Resistance): ~196.00 – 196.50
Re-test Area: ~193.60 – 194.00
Forecasted Move:
Price is expected to dip into the support zone, possibly forming a higher low.
From there, bullish momentum is likely to push toward the re-test area (~193.60–194.00).
If momentum sustains, the next leg could aim for the target zone near 196.00.
Outlook Summary:
Bias: Bullish after support confirmation
Trading Plan:
Look for bullish reversal signals in the 191.90–192.30 zone
Targets:
TP1: 193.80–194.00
TP2: 196.00–196.50
SL below 191.50 (structure invalidation)
Date: 2 June 2025
Current Price: Around 193.45
Structure: Bearish retracement after strong bullish move
Key Zones:
Support Zone: ~191.90 – 192.30
Target Area (Resistance): ~196.00 – 196.50
Re-test Area: ~193.60 – 194.00
Forecasted Move:
Price is expected to dip into the support zone, possibly forming a higher low.
From there, bullish momentum is likely to push toward the re-test area (~193.60–194.00).
If momentum sustains, the next leg could aim for the target zone near 196.00.
Outlook Summary:
Bias: Bullish after support confirmation
Trading Plan:
Look for bullish reversal signals in the 191.90–192.30 zone
Targets:
TP1: 193.80–194.00
TP2: 196.00–196.50
SL below 191.50 (structure invalidation)
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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.
📢 Join On Telegram For Best Signals
t.me/+XJFIyQXH1yVlNWI0
t.me/+XJFIyQXH1yVlNWI0
t.me/+XJFIyQXH1yVlNWI0
t.me/+XJFIyQXH1yVlNWI0
t.me/+XJFIyQXH1yVlNWI0
t.me/+XJFIyQXH1yVlNWI0
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.