GBPJPY provides positive signal – Analysis – 16-6-2017
Economies.com
2017-06-16 08:37AM UTC
The GBPJPY pair managed to gather new positive momentum to keep the stability above 138.75 support, noticing breaching the moving average 55 to provide new positive signal, which supports regaining the bullish bias and expect to renew the bullish attack in the near term and medium term period, targeting 143.35 followed by 145.50 levels.
Stochastic rally towards 80 level reinforces the bullish overview and provides new positive momentum to assist to attempt to move towards our waited targets.
Expected trading range for today is between 140.90 and 143.35
Expected trend for today: Bullish
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