Currently, GBPJPY is showing a rejection at the Demand Zone, with the potential to continue its bullish move toward the nearest resistance. Supporting this outlook is the formation of a swing low within the demand area, which further strengthens the bullish momentum.
Trading Recommendation:
- Buy GBPJPY
- Entry: 199.693
- Take Profit: 201.106
- Stoploss: 199.087
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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