GBP JPY begins achieving the targets 14/8/2013
Economies.com
2013-08-14 07:55AM UTC
The pair touched 152.00 in yesterday trading , surpassing 151.80 which was an obstacle against the price rise, and that makes us waiting for achieving the second target around 153.20 in the near period if 148.70level remains intact which considered as the main support for the bullish bias.
Stochastic supports our expectation by hitting 80 level as appears in the above image, providing the required bullish momentum to achieve the second target level.
Expected trading range is between 150.70 and 153.20
Expected trend for today: bullish
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