GBP JPY revives its positivity 8/4/2013

Economies.com
2013-04-08 08:34AM UTC

The pair continues to be positive after breaching 147.70 level, to reach 151.10 since morning, hence, we expect more bullish bias domination to reach the main target around 152.20 in the near and medium term.

 

Stochastic attempts to breach the overbought level again, to support our positive overview and reach the mentioned target.

 

Expected trading range is between 148.70 and 152.20

 

Expected trend for today: Bullish

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