No news for the GBPJPY – Analysis – 26-5-2023

Economies.com
2023-05-26 07:38AM UTC

No news for the GBPJPY pair until this moment, to notice its consolidation near 172.50 barrier, attempting to find a way to resume the main bullish attack, while we recommend to wait to achieve the required breach and provide positive close to avoid any losses that might appear due to forming correctional bearish rebound, while achieving the condition will open the way to reach the positive targets near 173.10 and 173.80.

 

The expected trading range for today is between 171.80 and 173.10

 

The expected trend for today: Bullish

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