GBP JPY had strong gains 5/4/2013
Economies.com
2013-04-05 08:24AM UTC
The pair gained strongly yesterday effected by the economic data from Japan and USA, to notice hitting 147.85 closing from the recent recorded top, as the continuation of trading above 145.75 will push the price for more positivity by forming double bottom formation as shown in the image.
In general, trading above 144.10 allows us to keep the bullish overview in the near and medium term, to reach 149.30 levels.
Expected trading range is between 145.70 and 148.00
Expected trend for today: Bullish
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