BTC $64,923.00 ▲ 0.09% ETH $1,917.82 ▲ 0.23% USDT $0.9993 ▼ 0.02% BNB $600.06 ▲ 1.36% XRP $1.04 ▲ 1.89% SOL $76.03 ▲ 3.34% DOGE $0.0705 ▲ 1.31% SHIB $0.00000462 ▲ 0.03% PEPE $0.00000285 ▲ 1.50% BTC $64,923.00 ▲ 0.09% ETH $1,917.82 ▲ 0.23% USDT $0.9993 ▼ 0.02% BNB $600.06 ▲ 1.36% XRP $1.04 ▲ 1.89% SOL $76.03 ▲ 3.34% DOGE $0.0705 ▲ 1.31% SHIB $0.00000462 ▲ 0.03% PEPE $0.00000285 ▲ 1.50%
Piyasa Stablecoin

GBP/JPY Daily Outlook

GBP/JPY Daily Outlook

British Pound vs Japanese Yen FUSIONMARKETS:GBPJPY

GBP/JPY has broken below the channel, weakening the previous bullish structure. Price is now attempting to recover towards the underside of that former support, which could act as resistance. A bearish rejection from this retest area would favour another move lower, while a strong move back above the trendline would reduce the bearish outlook.

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