GBPJPY breaches the barrier – Analysis – 28-4-2017

The GBPJPY price confirmed the continuation of the bullish bias domination, to notice providing new bullish trading by surpassing the barrier at 143.35 level, and begin to record new positive targets as appears in the above image, which makes us wait until recording the next target at 145.40, note that surpassing this level will open the way towards testing the achieved top at 148.45.

Stochastic rally to the overbought level reinforces the bullish suggestion, to keep providing the required positive momentum to resume the expected bullish attempts.

Expected trading range for today is between 143.35 and 145.40

Expected trend for today: bullish.