GBPJPY Chart Technical Outlook loses the bullish momentum, eyeing a break below 190.90
GBP/JPY is still trading within the bullish channel toward the previous swing high of 193.46. There is no sign of a reversal, but momentum is fading as the RSI shows a bearish divergence. Another push higher is possible, but not a leap, while breaking below 190.90 confirms the top formation. This would open the door toward the support level of 189.20. Resistance is located at 193.30.
