2025 Week 12 GBP/JPY Weekly Strategy

Compared with last week’s weekly strategy, it looks like a pullback has formed and the chart is shaping up to climb higher than last week.
It feels like it might head up to 193.3 for now.
If it breaks below 191.3, there’s also a chance it just drifts around in a range.
On the weekly chart it’s still in a downtrend, so I don’t think there’s much chance of a sharp one-way move in either direction.
As before, it seems best to take profit quickly once the target set at entry is reached.
First, I’m watching to see whether bullish candles continue on Monday.
This article reflects the author's personal view of the market. It does not recommend any specific trade; all investment decisions are your own responsibility.