The GBPJPY pair provided some sideways waves attempting to revive before resuming the waited bullish attack, noting that holding above 150.35 reinforces the stability within the bullish range and eases the attempt to reach the next positive target at 152.75.
Stochastic consolidation within the overbought areas assists to provide new positive momentum for the near term period, expecting to resume the positivity and start recording new targets.
Expected trading range for today is between 150.00 and 152.75
Expected trend for today: Bullish