"GBPJPY Eyes 198.10 After Bouncing from Key Support"

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"GBPJPY Eyes 198.10 After Bouncing from Key Support"British Pound vs Japanese YenICMARKETS:GBPJPYpiporiaThe price of GBP/JPY is moving inside an ascending channel and has recently rebounded from a support level around 197.06. If the bullish momentum continues, we may see the price test 197.65 and potentially reach 198.10. However, if the price breaks below 196.41, this bullish idea may be invalidated.