HomeContributorsTechnical AnalysisGBP/JPY Another Bounce Is Possible

GBP/JPY Another Bounce Is Possible

The GBP/JPY should make a bounce from the 88.6 zone as the price is still technically bullish

The POC zone for the GBP/JPY is exactly within 140.12-30. We should see an upmove whichshould be signalled if the price starts to reject from the zone. Targets are 141.42, 141.60 and141.90. Only a drop below W L5 camarilla 139.38 could make the price bearish again.

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