GBPJPY attempts to get rid of the sideways range – Analysis – 6-10-2016

Economies.com
2016-10-06 07:10AM UTC

The GBPJPY pair started to form some positive trading to get rid of the sideways fluctuation, depending on the stability of 129.60 support level, while we notice stochastic attempt to provide positive wave to start providing the required momentum to activate the bullish attack, waiting to reach the suggested targets that start at 134.20 followed by 136.60.

 

Expected trading range for today is between 129.60 and 134.30

 

Expected trend for today: Bullish

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