Each day Pivots: (S1) 190.93; (P) 191.44; (R1) 192.45; Extra…..
Break of 191.65 minor resistance means that GBP/JPY’s pullback from 193.51 has accomplished at 190.02 already. Intraday bias is again on the upside for retesting 193.51 first. Agency break there’ll resume bigger up pattern. For now, additional rally is anticipated so long as 190.02 assist holds, in case of retreat.
Within the greater image, present rally is a part of the up pattern from 123.94 (2020 low), and is in progress for long run resistance (2015 excessive). Break of 187.94 assist is required to be the primary signal of medium time period topping. In any other case, outlook will stay bullish in case of retreat.
