GBP JPY retested the resistance level of 192.000

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General outlook

GBP JPY has been trading in a bullish trend within the last day.

Support levels are now located at 188.500 and 181.400.

Now, the resistance level is located at 192.000.If the pair rebounds from the resistance level, analysts recommend opening a Sell order with a take profit at the nearest support level. In case the breakout is confirmed, analysts suggest opening a Buy order.

The upcoming news will not influence your orders within the mentioned period.