The GBP/JPY currency pair is currently showing strong bullish potential. This outlook is supported by an upward trendline, indicating that buying momentum remains intact.
Additionally, the formation of a swing low pattern further supports the potential for continued upside. Another reinforcing factor is the presence of a bullish candlestick confirmation, signaling strong buying interest in the market.
Recommendation:
- Buy GBP/JPY
- Entry: 198.600
- Take Profit: 199.000
- Stop Loss: 198.300
*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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