For 5 years, between 2016 and 2021, 125 zone provided an impenetrable price for GbpJpy. After a decisive break above 150, the pair has risen to 157. A new range has formed with this high and also this 10 months consolidation has been broken recently to the upside and a continuation to the next important resistance is to be expected.
That being said, corrections to the old resistance should be considered a good opportunity for buying with a target of 180 und negation under 155
That being said, corrections to the old resistance should be considered a good opportunity for buying with a target of 180 und negation under 155
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