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GBPJPY 4H CHART ANALYSIS.

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Current GBPJPY Market Overview


📊 Key Technical Levels

Entry Point:
🔹 192.500 (Bullish entry zone where momentum is expected to build)

Target (Take-Profit):
🎯 197.700 (Major upside target aligning with bullish sentiment)

Resistance Level:
⛔ 191.000
This level previously acted as resistance but has now been cleared, reinforcing the bullish bias. A break below this could invalidate the setup.

Support Levels:
🔸 191.500 – Initial support to protect bullish positions

The pair is forming higher highs and higher lows, confirming the bullish structure. Price action above 192.500 signals sustained buying pressure.

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