GBP/JPY Forecast Today 01/07/2024
GBP/JPY Forecast Today is bearish. As you can see the market has shown upward direction on the 15-minute chart. You can notice in the image that my indicator has given a bearish signal and the market went down. Similarly, my indicator gave a bullish signal and the market went up. Now, as per my analysis, 204.140 is the best level for sellers to execute the trade.
Expected Take Profit of GBP/JPY
Have a look at the image I have shown that the expected take profit level is 203.380. I recommend you to set your take profit at this level and mark your stop loss on the top.
My Analysis of the mid-day forecast: GBP/JPY is Bearish
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