DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

DAILY GBP/JPY

Support & Resistance: S1: 156.04
From the daily chart, price has broken the resistance level and it has retested the support level.

H4 GBP/JPY

Support & Resistance: S1: 156.04
From the H4 chart, traders can trade a long position as long as it holds above 156.04.