The GBP/JPY currency pair is showing indications of a potential selling opportunity, with a targeted sell zone identified between 191.90 and 193.00. This range represents an area where sellers may consider entering the market, anticipating downward movement in the exchange rate.
Furthermore, technical analysis suggests two potential targets for this sell opportunity. The primary target is set at 189.00, followed by a secondary target at 186.00. These targets represent levels where sellers may look to take profit or where significant support could be encountered, potentially causing a temporary halt or reversal in the downward movement of the exchange rate.
Furthermore, technical analysis suggests two potential targets for this sell opportunity. The primary target is set at 189.00, followed by a secondary target at 186.00. These targets represent levels where sellers may look to take profit or where significant support could be encountered, potentially causing a temporary halt or reversal in the downward movement of the exchange rate.