GBP/JPY: Achieve Noticeable Gains

The pound continues to achieve gains against the Japanese yen, touching our target mentioned in the previous analysis at 151.60, recording a high of 151.55.

Technically, we are continuing to suggest the bullish trend, relying on the positive motive of the 50-day moving average, in addition to trading stability above the 151.10 support level.

Therefore, the bullish scenario will remain valid and effective targeting 152.00 and 152.60, respectively. A reminder that the bullish scenario depends on trading remaining above 151.10/151.00.

S1: 151.10	R1: 151.60
S2: 150.70	R2: 152.00
S3: 150.40	R3: 152.60