GBP/JPY Price Analysis: Falls Below 191.00 Toward Ascending Channel’s Lower Boundary
January 13, 2025 at 04:40 AM EST
GBP/JPY tests the lower boundary of the descending channel at 190.80 level. The 14-day RSI declines toward the 30 level, reinforcing the persistent bearish bias. The nine-day EMA at 194.52 appears as the primary resistance.
