[m.youssif]

GBPJPY Forecast
The GBPJPY was indecisive on Friday. On hourly chart below we can see price is moving in a rectangle area of 135.93 – 134.69 indicates sideways condition and need a clear break from either side to see clearer intraday direction. A clear break above 135.93 could trigger further bullish pressure testing 137.00 while a clear break below 134.69 could continue the bearish phase since the failure to make a clear break above 139.67 testing 133.50/00 support area.

[m.youssif]

GBPJPY Forecast
The GBPJPY was indecisive on Friday. On hourly chart below we can see price is moving in a rectangle area of 135.93 – 134.69 indicates sideways condition and need a clear break from either side to see clearer intraday direction. A clear break above 135.93 could trigger further bullish pressure testing 137.00 while a clear break below 134.69 could continue the bearish phase since the failure to make a clear break above 139.67 testing 133.50/00 support area.