GBPJPY is heading towards 199.3080 and could reach this point within the next 2 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
GBPJPY – approaching a price line that has been previously tested numerous times in the past
