The GBPJPY pair ended its bullish rally yesterday by recording 151.95, confirming the affection by the bullish bias domination, noting that the stability of 149.10 support forms main factor to the continuation of the positivity to expect witnessing new bullish attack to manage to record more positive targets by reaching 152.85 followed by 155.20.
Stochastic approach from the overbought areas reinforces our bullish overview, to allow the price to gain new positive momentum and provide new bullish trading until achieving the waited targets.
Expected trading range for today is between 150.50 and 152.85
Expected trend for today: Bullish