FenzoFx—GBP/JPY resumed its uptrend after filling 75% of the daily opening gap on November 5, now trading inside the bearish fair value gap with resistance at 203.10 and 203.50. A bullish liquidity void at 201.30 suggests a potential pullback before further upside. This zone offers a discount entry into the bull market.
Technically, the pair is overbought, and going long now carries high risk. A correction toward 201.90 and 201.30 is preferred before considering upside targets. If buying pressure persists, GBP/JPY could tap liquidity above 204.20 and extend toward 205.30.
Technically, the pair is overbought, and going long now carries high risk. A correction toward 201.90 and 201.30 is preferred before considering upside targets. If buying pressure persists, GBP/JPY could tap liquidity above 204.20 and extend toward 205.30.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.