GBPJPY without any change – Analysis – 4-1-2018

The GBPJPY pair did not show any big move until this moment by settling below 152.85 level that continues to block the bullish attempts, thus, the price will remain affected by the sideways bias domination until achieving the required breach that will confirm rallying towards more targets that reach 154.45 followed by 155.90.

We remind you that failing to achieve the required breach will pave the way for correctional negative trading, expecting to target 151.50 followed by 150.00 and approach the moving average 55.

Expected trading range for today is between 151.50 and 154.45

Expected trend for today: Bullish