GBPJPY keeps the correctional bullish track – Analysis – 21-1-2019
Economies.com
2019-01-21 08:13AM UTC
Despite the GBPJPY pair forming some negative fluctuations recently, its stability above 23.6% Fibonacci correction level that forms additional support now at 140.40 reinforces the correctional bullish attempts for the near term and medium term period.
Therefore, we will keep waiting to gather new positive momentum to increase the chances of rallying towards 143.00 followed by 144.50.
Expected trading range for today is between 140.40 and 142.20
Expected trend for today: Bullish
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