Forex analytics and overview

GBP/JPY Eyes 192.15 After Breaking Out

08/15/2024

Less than a minute

2024.08.15 10:53

Bullish: Currently, is at 190.46 in a channel. We broke resistance in the fundie and are looking for a continuation up to the ATR target at 192.15 and then the 2.618 Fibo at 192.94.

Watch the for direction, as it could negate all of this. The average daily true range (ATR) for the pair is 341 pips per day, and its 90-day average is 194 pips per day.

My forex analysis says USDX is currently up.

GBP/JPY Chart

08/15/2024

Less than a minute

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