GBPJPY → Breaking the psychological level. What's next, 215.0?

6月12日

GBPJPY is getting ready to break resistance (ATH for 15 years). In the long term, there is upside potential to 215.8. A strong bullish formation is forming on H4-D1



On the monthly timeframe, price is in the 195-215 range. Bulls kept the defense above the support, at the same time a pre-breakdown setup is forming on the chart, the focus of which is on the resistance at 200.6. The psychological level may be broken in the nearest future, which may provoke the market to active growth towards 202-205, further towards 215 (medium-term perspective).
Japanese Central Bank is not doing well, today we expect news in the US: CPI, FOMC and FED meeting, inflation data is expected to be neutral.

Resistance levels: 200.6
Support levels: 199.9

Technically and fundamentally, the currency pair has a strong bullish bias. If the bulls are able to consolidate above 200, this zone will become a strong support in the medium term.

Regards R. Linda!

6月12日

注释

Consolidation above the level

6月13日

交易开始

The breakthrough came. Let's go up!

6月13日

注释

Continuing to hold

6月14日

交易开始

6月16日

交易开始

Waiting for resistance retest

6月17日

交易开始

Another retest of 200.6
Consolidation above the level will send us to 203.0

6月19日

交易开始

Price consolidation above the key resistance level. Breakout of 201 will strengthen the price growth

6月20日

交易开始

Continuing to hold
Next 202

6月21日

交易开始

6月24日

交易结束：到达目标

Target 1 reached

6月25日

注释

Bullish setups continue to form in the uptrending market