BTC $64,990.00 ▲ 0.32% ETH $1,919.09 ▲ 0.37% USDT $0.9994 ▼ 0.01% BNB $603.59 ▲ 1.98% XRP $1.04 ▲ 2.11% SOL $76.11 ▲ 3.60% DOGE $0.0709 ▲ 1.81% SHIB $0.00000464 ▲ 1.00% PEPE $0.00000286 ▲ 2.17% BTC $64,990.00 ▲ 0.32% ETH $1,919.09 ▲ 0.37% USDT $0.9994 ▼ 0.01% BNB $603.59 ▲ 1.98% XRP $1.04 ▲ 2.11% SOL $76.11 ▲ 3.60% DOGE $0.0709 ▲ 1.81% SHIB $0.00000464 ▲ 1.00% PEPE $0.00000286 ▲ 2.17%
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Piyasa

GBP/JPY — Bullish Recovery & Continuation Setup

GBP/JPY — Bullish Recovery & Continuation Setup

GBP/JPY OANDA:GBPJPY


GBP/JPY is showing signs of a bullish recovery after experiencing a sharp decline from the 218.00–219.00 resistance area. Price found strong demand around the 210.00–210.50 support zone and has since started forming a sequence of higher lows, indicating that buyers are gradually returning to the market.

The rising trendline on the right side of the chart supports the short-term bullish structure. As long as price remains above the 212.07 support level, the recovery setup remains valid. A sustained move above the recent 213.00–213.20 resistance area could strengthen bullish momentum and push price toward the marked target zone.

🎯 Target Zone: 214.13 – 214.25

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