GBP JPY achieves some gains 2/9/2013

Economies.com
2013-09-02 07:57AM UTC

The pair remained stable above the main support level for the bullish channel around 150.30 which is supported by the moving average 55, moving positively achieving some gains by visiting 153.50, approaching from the initial waited target around 153.80

 

We remain in our bullish expectation in the upcoming period to achieve the initial target, where breaching it opens the way towards achieving more positivity to reach 157.00 as a main target.

 

Expected trading range is between 152.20 and 155.30

 

Expected trend for today: bullish 

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