The GBPJPY pair formed strong bullish attack yesterday to achieve many targets by touching 148.72 level, affected by the expected bullish bias domination, while the current support settles at 146.00, to expect the preparation to resume the bullish attack and target additional targets that start at 149.10 and 149.80 levels.
Stochastic release from the overbought areas might force the price to provide some positive trades until gathering the additional positive momentum and repeat the attempts to reach the suggested targets.
The expected trading range for today is between 147.10 and 149.10
The expected trend for today: Bullish