GPBJPY - 1h - CAPITAL.COM

Analysis and Forecast:

Trend Analysis:

The chart shows a recent trend reversal from bearish to bullish.
The price is testing the resistance around 204.70.

Entry and Exit Levels:

Long Entry (Buy): 202.89
Target: 205.69
Stop-Loss: 202.49
Supports and Resistances:

Resistances at 204.70 and 206.00.
Supports at 202.89 and 202.49.
Indicators:

Oscillator, RSI, and Stochastic indicate bullish momentum.

Disclaimer:

This analysis does not constitute financial advice. Do your own research before investing.
Technical IndicatorsTrend Analysis

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