GBPJPY - Long
As of 22 Jan 2025, the market sentiment for GBP/JPY is mixed but leaning towards bullish
The current support levels are around 190.5, 190.0, and 189.5, while resistance levels are at 192.5, 193.0, and 194.0. The pivot point is at 191.8, and the market price is above this pivot point, supporting a bullish scenario
Overall, while there are some concerns about overbought conditions, the strong trend indicators and momentum suggest a positive outlook for GBP/JPY at the moment.
The current support levels are around 190.5, 190.0, and 189.5, while resistance levels are at 192.5, 193.0, and 194.0. The pivot point is at 191.8, and the market price is above this pivot point, supporting a bullish scenario
Overall, while there are some concerns about overbought conditions, the strong trend indicators and momentum suggest a positive outlook for GBP/JPY at the moment.
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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.