GBP/JPY has been trending upward since February 7, fueled by Yen weakness and GBP strength. A symmetrical triangle pattern on the daily chart suggests a potential breakout and bullish rally, possibly to 222.00. Key support levels are 194.00, 193.50, 192.00, while resistance levels are 197.50, 198.96, 200.00. The GBP/JPY is one of the more volatile […]
The post GBP/JPY Forecast: Triangle Breakout Signals Potential Bullish Rally to 2007 Highs appeared first on Action Forex.
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