The GBPJPY pair was forced to provide intraday negative rebound to settle around 145.65 level, but its consolidation within the main bullish channel and settling above 144.00 main support allows us to keep our bullish overview to renew the attempts to reach 147.20 followed by 148.50 levels.
We notice stochastic continuous attempts to settle within the overbought areas to increase the chances of gaining the positive momentum that agrees our main bullish overview.
Expected trading range for today is between 145.35 and 147.20
Expected trend for today: Bullish