GBPJPY facing bullish pressure, potential for further upside
Prices are currently holding above the ascending trendline support. Prices might pullback to the 1st support which coincides with 78.6% and . Prices might push up towards the 1st which coincides with 161.8% and 61.8% area. If prices fall through ascending support, prices might reach 2nd which coincides with 78.6% . Prices is also holding nicely above which shows a pressure for prices.