GBP JPY indicators are contradicted 3/10/2013
Economies.com
2013-10-03 07:42AM UTC
The pair returns to be affected by the dominant sideways range on the recent trading, due to the contradiction of its stability above the support level with Stochastic attempts to form negative wave, thus the continuation of the sideways bias domination on the near trading is expected until the indicators unite positively to achieve160.40 which represents the initial target for the bullish trading.
Expected trading range is between 157.80 and 159.60
Expected trend for today: sideways
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