GBP JPY settles above the moving average 30/8/2013
Economies.com
2013-08-30 09:05AM UTC
The pair rose after touching the moving average 55 at 150.45, reaching positive level around 152.65, to continue with the bullish overview targeting 153.25 conditioned by the moving average holding as a support barrier against the current trading.
Stochastic starts to show positive momentum to leave the oversold area and support the bullish bias domination for the upcoming trading.
Expected trading range is between: 151.20 and 153.80
Expected trend for today: Bullish
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