GBPJPY Chart Technical Outlook is still in the upward corrective mood, fading dips are favored
GBP/JPY reached yesterday’s target of 191.25 and stalled for a temporary downside correction. The broader upward correction is still in play, with dips likely to find buyers. Supports are seen at 190.25 and 189.40. Above 191.50, the pair has a barrier at 192.25. Fading dips offer a better reward-to-risk ratio.
