GBPJPY continues to postpone the bullish attack – Analysis – 13-12-2017
Economies.com
2017-12-13 09:37AM UTC
No news for the GBPJPY pair by forming extra mixed trading, due to the repeated closed below 152.85 barrier, announcing delaying the bullish rally until this moment, the contradiction between the main indicators forces the price to settle between the initial support at 150.00 and the mentioned barrier until gaining the required bullish momentum, to achieve the positive targets.
Therefore, we recommend staying a side for today until testing the initial support, which allows the price to gather new bullish momentum, then begin preferring the bullish trading and achieving the positive targets that start at 152.85 reaching to 154.45 in the upcoming period.
Expected trading range for today is between 150.00 and 152.85
Expected trend for today: Neutral
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