May 28, 2024 10:05 GMT
GBPJPY tests the 2024 high
GBP
- GBPJPY could be set for a breakout, now making an attempt at 200.547, the April high and the highest level since 2008, printed a 200.533 high so far.
- Further upside continuation will open to 201.00, while next resistance is seen at 201.870 - 1.00 projection of the Apr 19 - 29 - May 3 price swing, followed by 203.560 - Top of a bull channel drawn from the Jan 2 low.
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