GBP/JPY Price Forecast: Breaks support trendline, eyes on 217.50
GBP/JPY Price Forecast: Holds above 218.00 bulls eye YTD peak
GBP/JPY Price Forecast: Uptrend pauses, bulls eye 219 breakout
GBP/JPY Price Forecast: Flatlines around 218.50 with long-term highs at hand
While USD bulls came back to life from mid-April through last month, GBP/USD has held up relatively well. The pair did test a fresh low in late-June but support held at a key Fibonacci level of 1.3143, and that's where the music stopped for sellers and since then a strong bullish reversal has taken over that's seen Cable rip for more than 400 pips into yesterday's fresh monthly high.
British Pound eases against Yen after hitting highest level since 2007
GBP/JPY is rising for the third successive session today, with the pound fending off the yen's safe haven muscle amid Middle East war.
GBP/JPY Price Forecast: Hold above 217.00, next target is 218.00
GBP/JPY Price Forecast: Bullish amid respected higher-high structure
GBP/JPY Price Forecast: Pound consolidates after hitting fresh all-time highs at 218.00
GBP/JPY Price Forecasts: Pound nears 217.00 with the 217.24 all-time high eyed
GBP/JPY Price Forecast: Struggles at 217.00, recoils towards 216.50