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10.06.202505:59 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of GBP/JPY Cross Currency Pairs, Tuesday June 10, 2025.

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 10.06.2025 analysis

On the 4-hour chart of the GBP/JPY cross currency pair, there are several interesting things can be seen. First, the price movement is moving above the WMA (21) which has a slope that is going upwards. Second, the Stochastic Oscillator shows Convergence with the GBP/JPY price movement which also has a BUY Crossing condition so that in the near future, GBP/JPY, as long as there is no correction that causes it to weaken and close below the 192.70 level, will strengthen and rise, where the 197.25 level will be the main target to be aimed at and if the volatility and momentum of the strengthening support it, then 198.50 will be the next target to be aimed at.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

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