GBP/JPY PRICE ANALYSIS: The pound remains about 191.00 while the bullish tone is strengthened

• The GBP/JPY quotes near the 191.00 zone after constant profits in Wednesday’s session.
• The general trend remains bullish, backed by short -term mobile socks despite a mixed impulse.
• The key support levels are maintained just below, while long -term resistance remains a barrier above.

The GBP/JPY torque rose slightly on Wednesday, quoting around the 191.00 zone while buyers maintained control. The pair remains backed by a series of short -term mobile socks, reinforcing the widest upward structure despite some mixed impulse signals that can limit the immediate upward potential.

Technically, the pair maintains a bullish perspective. The relative force index remains neutral about 52, indicating a balanced impulse without a clear directional conviction. The indicator of convergence and divergence of mobile socks confirms a purchase signal, aligning with the broader upward trend, while the fast RSI stock is also in neutral territory, reflecting the absence of immediate overcompra conditions. However, the Momentum indicator shows a sale signal, suggesting that the recent rally may be losing strength in the short term.

From a trend perspective, the simple 20 -day mobile average, together with the exponential mobile socks of 10 days and 30 days, are below the current price and continue to incline upwards, providing dynamic support. In contrast, simple mobile socks of 100 days and 200 days remain positioned above the market, acting as a significant resistance that can limit additional profits unless it breaks decisively.

Support levels are noticed in 191.12, 191.10 and 190.97. The resistance is found in 191.20, 191.67 and 192.00. A thrust over this resistance group could confirm the broader upward trend, while the inability to maintain immediate support could lead to short -term correction without necessarily interrupting the broader trend.

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