GBPJPY surrenders to the bullish correction – Analysis – 13-2-2019
Economies.com
2019-02-13 08:51AM UTC
The GBPJPY pair jumped above the initial barrier at 142.80 in its last trading, confirming its surrender to the bullish correctional attempts, we expect reaching to 143.55 level, which makes the price face a new resistance, and that makes us wait for the next close until detecting the main trend in the upcoming trading.
Therefore, we suggest the bullish bias in the current trading, pointing that the stability of 142.35 level is important to form an extra support level until reaching the suggested target.
The expected trading range for today is between 142.60 and 143.55
The expected trend for today: Bullish
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