GBPJPY gains new momentum – Analysis – 9-2-2017
Economies.com
2017-02-09 08:26AM UTC
The GBPJPY price kept its positive stability above the support extension at 138.80 for today, to gain new positive momentum by stochastic rally near 50 level, which reinforces the bullish suggestion that makes us wait until reaching 142.50, which forms the initial target for the bullish bias, note that surpassing this level will support the continuation of the positivity in the upcoming trading.
Expected trading range for today is between 139.00 and 142.50.
Expected trend for today: bullish.
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