GBPJPY Forecast
The GBPJPY had a bullish momentum yesterday on broad Yen weakness but still trapped in the range area. There are no changes in my daily technical outlook and as long as price stays below 132.97 I still prefer a bearish scenario at this phase. A clear break above 132.97 could trigger further bullish pressure testing 134.00. Immediate support at 131.50 followed by 130.20.
