The outlook for GBPJPY currently suggests that the price is likely to rise. This potential upside appears to be sustainable, as despite a recent correction, the pair still shows strong bullish momentum. Furthermore, the bullish scenario is supported by candlestick pattern confirmation, with no significant signs of a bearish reversal at the moment.
Trading Recommendation:
- Buy GBPJPY
- Entry: 200.511
- Take Profit: 200.904
- Stoploss: 200.208
*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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