The GBPJPY pair succeeded to resume the bullish attack to notice surpassing the previously waited target at 147.85, breaching a strong historical top, which supports the continuation of the positivity for the near term and medium term period to expect rallying towards recording additional targets by reaching 149.90 followed by 150.95.
Stochastic consolidation within the overbought areas until this moment reinforces the positive pressures on the price to provide it with new positive momentum that eases the attempt to reach the mentioned additional targets.
Expected trading range for today is between 147.85 and 149.90
Expected trend for today: Bullish