GBPJPY achieves big gains – Analysis – 13-9-2017
Economies.com
2017-09-13 07:28AM UTC
The GBPJPY pair managed to breach 144.20 resistance clearly yesterday to regain the bullish bias and record big gains by reaching 146.55 level, while we will depend on the new support base formed by the breached resistance to expect targeting new positive levels that start at 147.85 followed by 150.95.
Stochastic reinforces the price attempt to regain the bullish bias by consolidating within the overbought areas, to provide new positive momentum and eases the attempt to record the waited targets.
Expected trading range for today is between 144.80 and 147.85
Expected trend for today: Bullish
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