GBP JPY returns to the positivity 9/8/2013

Economies.com
2013-08-09 07:51AM UTC

The pair returns to settle above the main support level at 148.10 recording 150.30 since morning trading, to support resuming the bullish bias in the upcoming period and achieve the initial target around 151.80 followed by 153.20

 

Carefully note that the stability of the support level sustains the bullish bias domination, but Stochastic gaining for the positive momentum is required to achieve the mentioned levels

 

Expected trading range is between 149.00 and 151.80

 

Expected trend for today: bullish

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