GBPUSD trend forecast January 24, 2025
The Bank of Japan (BoJ) is anticipated to increase the short-term interest rate from 0.25% to 0.50%—the highest level in 17 years—after concluding its two-day monetary policy meeting on Friday.
The Japanese Yen (JPY) is likely to experience significant volatility following the BoJ's policy announcement, as investors look for new signals regarding the central bank's future policy direction.
moving in uptrend line H1 - keep stable. touch trendline and adjust
/// SELL GBPUSD : zone 1.24050 - 1.24200
SL: 1.24500
TP: 40 - 70 - 150pips ( 1.22700 )
Safe and profitable trading