GBP JPY remains positive 24/9/2013
Economies.com
2013-09-24 07:50AM UTC
By the above chart we notice the stability of the pair within minor bullish channel in spite of Stochastic negative stability to remain in the bullish expectation to visit 160.50 as an initial target if 157.80 support remains intact.
Carefully note that the price attempt to break below the initial support level around 157.80 will support the affection of the current negativity to achieve 156.60, which represents the critical support level for the bullish trading.
Expected trading range is between 157.70 and 160.40
Expected trend for today: bullish
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