GBP/JPY H1 Technical Analysis

GBP/JPY H1 Technical Analysis:

Uptrend Continues!

The GBP/JPY pair remains in a strong uptrend on the 1-hour chart, with higher highs and higher lows. Key technical indicators support further upside:

Trendline: Intact and upward-sloping
Moving Averages: Bullish alignment (50MA > 200MA)
Momentum: RSI in bullish territory (above 50)

Target: 200.500

Stay long!

Best Wishes Tom 😎