GBPJPY prepares to rally upwards – Analysis – 2-10-2017
Economies.com
2017-10-02 07:05AM UTC
The GBPJPY pair kept its positive stability above 150.00 level to reinforce our expectations of forming bullish attack again in the upcoming period, noticing stochastic attempt to rally above 50 level to provide the required positive momentum to record the main targets that start at 152.80 followed by 155.20.
We remind you that the price decline below the above mentioned initial support will postpone the bullish attack to suffer intraday losses by moving towards 149.20 followed by 147.70 levels.
Expected trading range for today is between 150.00 and 152.80
Expected trend for today: Bullish
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