No news for the GBPJPY pair that keeps fluctuating within the sideways track, represented by 157.40 resistance and 156.00 support, thus, we will stay neutral until surpassing one of these levels to manage to detect the next main targets.
We remind you that succeeding to achieve the required breach to 157.40 level to open the way to record many positive targets that might start at 158.60, while crawling below the additional support will force it to form correctional bearish rebound in order to reach the bullish channel’s support line at 154.50.
The expected trading range for today is between 156.00 and 157.40
The expected trend for today: Neutral