GBP/JPY Nearly Flat at 213.60, Bulls Target 214.00
GBP/JPY trimmed earlier losses and turned nearly flat near 213.60, down 0.09% amid mixed market sentiment. Bulls are aiming for the 214.00 level.
GBPJPY
GBP/JPY trimmed its earlier losses and traded nearly flat at around 213.60 on Wednesday, down 0.09% on the day. The modest decline came amid mixed market sentiment, indicating cautious trading conditions.
The pair remains trapped between key simple moving averages (SMAs), with technical levels suggesting a potential upside push. Bulls are eyeing the 214.00 level as the next resistance target, supported by the overall risk tone.
Source: FXStreet Forex News