GBPJPY still above the support 25/10/2013
Economies.com
2013-10-25 08:30AM UTC
The pair continues to fluctuate around the support level 156.75 to keep the stability within the bullish bias, which allows us to continue expecting the positivity in the upcoming period to reach 160.20 again.
We remind you that the bullish bias depends on the stability of the current support, while breaking below it will start an intraday bearish bias to reach 154.60 level to delay achieving the expected positive target.
Expected trading range is between: 156.75 and 158.50
Expected trend for today: Bullish, conditioned by holding above 156.75
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