The GBP/JPY currency pair is currently expected to continue its upward movement. This bullish outlook is supported by the formation of a chart pattern, along with candlestick confirmation, indicating that buying pressure remains strong.
Given these signals, the bullish outlook for GBP/JPY is considered valid in the short term.
Recommendation:
- Buy GBP/JPY
- Entry: 198.940
- Take Profit: 199.375
- Stop Loss: 198.630
*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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