GBP/JPY Daily Outlook

Wait 5 sec.

GBP/JPY Daily OutlookBritish Pound vs Japanese YenFUSIONMARKETS:GBPJPYFusionMarketsGBP/JPY is testing the upper boundary of a well defined ascending channel after an impressive bullish rally. Price has respected both channel support and resistance throughout the trend, making this a key decision area. A confirmed breakout above resistance could signal further upside, while rejection may trigger a healthy pullback toward channel support before buyers potentially step back in.