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From what we can see on the 4-hour chart of the GBP/JPY cross currency pair, there appears to be a deviation between the GBP/JPY price movement and the Awesome Oscillator indicator, so based on this fact, in the near future GBP/JPY has the potential to correct and strengthen as long as there is no further weakening that breaks below the 183.76 level, then GBP/JPY will try to strengthen to break above the 186.70 level. If this level is successfully broken and the momentum and volatility also support it, it is not impossible that GBP/JPY will go to the 188.07 level.
(Disclaimer)
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*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
