The GBPJPY gets the positive momentum – Forecast today – 17-4-2024
Economies.com
2024-04-17 05:39AM UTC
Expected Scenarios
- The GBPJPY pair started to gain positive momentum after stochastic rally towards 80 level.
- Managing to hold within the minor bullish channel near 192.15.
Trading Range
- Frequent stability above the bullish channel’s support line at 190.70 reinforces chances of activating the bullish attack.
- Increasing chances of reaching the awaited positive stations at 192.85 and 193.65.
Expected Range for Today
The expected trading range for today is between 191.35 and 192.85.
Trend Forecast: Bullish
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