GBPJPY prepares for the bullish attack – Analysis – 5-7-2018
Economies.com
2018-07-05 07:23AM UTC
The GBPJPY pair confirmed the preparation to resume the bullish attack by consolidating above the bullish channel’s support line at 144.00, while the price needs a new positive close above 146.30 level to open the way to target 147.20 level followed by reaching the moving average 55 at 148.00.
We remind you that attempting to provide negative trading below 144.00 will cancel the positive overview and face new pressures to start suffering losses by reaching 142.20 followed by 140.15 levels.
Expected trading range for today is between 145.35 and 147.20
Expected trend for today: Bullish
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