GBP JPY turns to positivity 18/7/2013

Economies.com
2013-07-18 07:34AM UTC

The pair offered bullish bias yesterday to provide closing around 152.00 and succeed to surpass 151.80 level, which formed an obstacle against the upside trading, therefore, settling above this level supports the continuation of the bullish trend domination in the upcoming period to reach 153.20 as a main target.

 

Stochastic breaches 50 level to support the expected positivity in the near and medium term.

 

Expected trading range is between: 151.30 and 153.10

 

Expected trend for today: Bullish

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