GBPJPY Rally Keeps Broader Bias Higher Towards 147.57 Area

GBPJPY rally keeps broader bias higher with more strength towards the 147.57 level. Further out, resistance resides at the 148.00 level followed by the 148.50 level. A cut through that level will open the door towards the 149.00 level. Above here will aim at resistance the 14.950 level. Its daily RSI is bullish and pointing higher suggesting more strength. On the downside, support comes in at the 147.00 level where a violation will aim at the 146.50 level. A break below here will target the 146.00 level followed by the 145.50 level. All in all, GBPJPY faces further upside pressure with eyes on its key resistance.