FX.co ★ loma.marks | Game of Life: Visionary Insights into the Forex Market!

Greetings to all hard workers in the field of profit! Let's talk a bit about the pound-yen pair. GBP/JPY on the daily timeframe based on closing prices. On the daily timeframe, the pound-yen, after a corrective bounce from the downtrend MR (expansion model), continued its northern trend, currently trading around 192.07. I do not exclude a small southern correction, after which I will be interested in the option of continuing the northern trend towards the nearest northern target range on this timeframe, formed around 194.01 and 195.56, marked on the chart in orange. For an alternative, southern scenario, the price would need to establish below the downtrend MR, but I am not considering this option for now. Wishing everyone a successful and profitable day.