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HomeLatestGBPJPY Surpasses Key Barrier – Forecast for June 24, 2024
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GBPJPY Surpasses Key Barrier – Forecast for June 24, 2024

GBPJPY Price Analysis

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Current Scenario

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The GBPJPY pair has reactivated its bullish trend by surpassing the key barrier at the 201.40 level. This upward movement has led the pair to reach and settle near 202.15, establishing additional support at 201.40. With positive momentum from the stochastic indicator, the pair is expected to continue its bullish attack, targeting 202.55 initially, followed by a move towards the main target at 203.20.

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Expected Trading Range

The anticipated trading range for the GBPJPY is between 201.60 and 202.55.

Trend Forecast

Bullish

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