GBP/JPY: Intraday Long Setup – Riding the Bullish Wave Towards 193.1

Current Market Posture and My Technical View

Good morning, KoraFX community. Let's delve into GBP/JPY, a pair I follow closely. The market is clearly exhibiting a bullish trend, with the pair currently trading around 189.86. We've seen a respectable 0.4% gain over the last 24 hours, adding 0.76 points, indicating sustained buying pressure. Looking at the day's range from 188.72 to 190.99, it's evident that