GBPJPY: Key Levels & Technical Outlook 🇬🇧🇯🇵

Here is my latest structure analysis for GBPJPY.

Resistance 1: 183.77 - 184.25 area

Support 1: 181.10 - 181.30 area
Support 2: 180.44 - 180.71 area
Support 3: 176.30 - 177.05 area

The market is currently approaching the Resistance 1 based on the year's high.
Its bullish breakout - daily candle close above will push the prices much higher.

Alternatively, a bearish breakout of Support 1 may trigger a correctional movement.

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