GBPJPY is moving towards a line of 165.3010 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If GBPJPY continues in its current trajectory, we may see it move towards 165.3010 within the next 13 hours.
GBPJPY 1 hour
