Bullish pullback
Pound Yen is currently pulling back to the upside, as price action managed to break 192.000 with a motive to rest above this zone. If it does, the pair will likely test the above resistance barriers, which may halt the incoming (potentially) bullish pressure as time progresses.
Failure to settle above 192.000 may see continued falling of the pair.
Failure to settle above 192.000 may see continued falling of the pair.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.