GBPJPY holds above the moving average – Analysis – 14-2-2019

Economies.com
2019-02-14 08:05AM UTC

The GBPJPY pair confirmed its readiness to resume the expected bullish correction by its repeated stability above the moving average55 at 142.40 for today, therefore, we will keep waiting for hitting the resistance at 143.35, then monitor the price behavior to detect the main targets in the upcoming trading.

 

Note that the price success to breach the targeted resistance, so that will confirm resuming the bullish attack, to expect achieving new targets by reaching 144.10 and 144.85.

 

The expected trading range for today is between 142.40 and 143.35

 

The expected trend for today: Bullish

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