GBPJPY repeats the positive attempts – Analysis – 14-11-2016
Economies.com
2016-11-14 07:36AM UTC
The GBPJPY pair managed to provide new positive close above the moving average 55 to move away from 133.00 support, thus, we will keep waiting to reach 136.30 target followed by waiting to move towards the main resistance at 141.20, forming the main target of the bullish bias in the upcoming period.
The stability of stochastic within the overbought areas confirms the positive domination to provide the price with additional momentum to assist the price with the attempts to reach our suggested targets.
Expected trading range for today is between 134.00 and 136.30
Expected trend for today: Bullish
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