GBPJPY - 1MONTH (Long Term)

- GBPJPY rally could accelerate to high if 143.17 will hold as a small support. Intraday bias remains on the upside at that point. Break of resistance 143.52 will pave the way to 148.87 the next key resistance. Further rally could be seen to 148 small resistance.
- Current rise from 126.54 is seen as the third leg of the consolidation pattern from 122.75 (2016 low).
- Expect strong resistance at 156.59 to limit upside.

Regards, GoldfXcc Team