GBP JPY hits the waited target 19/7/2013
Economies.com
2013-07-19 08:06AM UTC
The pair succeeded to hit the previously mentioned target around 153.20 to settle again clearly within the upside channel and continue to expect the positive trading in the upcoming period to reach 154.40 as a second target.
We notice that stochastic is reaching 80 level to support the expected positivity but conditioned by stability above 151.80 level to hit the mentioned target.
Expected trading range is between: 152.00 and 154.40
Expected trend for today: Bullish
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