GBP JPY still positive 6/8/2013
Economies.com
2013-08-06 07:47AM UTC
The pair stability continues within the upside channel, settling around 150.700, to keep expecting the positivity in the upcoming period to reach 151.80 followed by 153.00, conditioned by holding above the support line at 149.80, and supported by the EMA55 as appears in the image.
Stochastic continues to provide the positive support by holding around 80 level to continue expecting hitting the previously mentioned targets.
Expected trading range is between: 149.80 and 152.00
Expected trend for today: Bullish
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