GBPJPY EXPECTS A BEARISH IMPULSE AHEAD INSIDE THIS CHANNEL

12 במאי

The GBPJPY is displaying robust movement within a bullish channel. Additionally, a bullish reversal occurred near the lower boundary of the channel, indicating significant support. Given the proximity of this bullish momentum to the upper boundary, which has historically acted as resistance, a reversal is anticipated, potentially leading to a bearish movement in the near future.