GBP JPY approaches from the target 11/1/2013
Economies.com
2013-01-11 08:27AM UTC
The pair headed north to hit 144.40 and approaching from the waited target around 144.50, to settle fluctuating below this level since morning.
We expect some fluctuation in the near term within the upside channel, and the price will be limited in sideways range between 139.80 support and 144.90 resistance.
Stochastic is getting overbought, which supports the expected fluctuation for today.
Expected trading range is between: 140.60 and 144.80
Expected trend for today: Bullish
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