Last Updated Date: 28 January 2022 @ 1:15 PM (UTC)
*Please note that all the dates are in GMT time zone
The GBPJPY market continues to extend a bottoming turn and should foster rallies to push against a previous congestion high at 155.21. Posting a close over 155.21 signals for a larger emerging bull drive to 156.23. We may again see minor corrective dips into last week’s upswing, but narrow congestion days holding 153.69 will bull flag. Only a close under 153.69 rekindles bear trend forces.
