GBP JPY gains some positive momentum 13/8/2013

Economies.com
2013-08-13 08:03AM UTC

By the above chart we notice the stability of the pair positively achieving 150.40 after Stochastic providing the required positive momentum by breaching 50 level, thus we continue in expecting the positivity in the near and medium period to achieve 151.00 and followed 153.20 as main targets for the bullish bias.

 

Expected trading range is between 149.80 and 151.80

 

Expected trend for today: bullish

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