GBPJPY Analysis 12 January 2021

The GBPJPY pair stayed strong above the key support level of 140.59. As long as the pair stays above 140.59 on a daily basis, the upward movement may gain more momentum, we will see the resistance level at 142.62. On the other hand, if the pair fall back below 140.59, the next support level will be placed at 139.24

Support : 140.59 - 139.24 - 138.25

Resistance : 142.62 - 143.69 - 145.24