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.

Like and subscribe and comment my ideas if you enjoy them!