[m.youssif]

GBPJPY Forecast
The GBPJPY was corrected lower yesterday, slipped below 132.00 and now struggling around that area. The bias is neutral in nearest term. I still prefer a bullish scenario but would need a break above 133.00 to continue the bullish scenario targeting 134.20. On the downside, consistent move below 132.00 could trigger further bearish pressure testing 130.84 support area. I will stand aside for now.

[m.youssif]

GBPJPY Forecast
The GBPJPY was corrected lower yesterday, slipped below 132.00 and now struggling around that area. The bias is neutral in nearest term. I still prefer a bullish scenario but would need a break above 133.00 to continue the bullish scenario targeting 134.20. On the downside, consistent move below 132.00 could trigger further bearish pressure testing 130.84 support area. I will stand aside for now.