GBPJPY Is Very Bullish! Buy!
Please, check our technical outlook for GBPJPY.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 175.092.
The above observations make me that the market will inevitably achieve 177.038 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
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