The GBPJPY pair continued forming bullish trading, to face 23.6%Fibonacci correction level at 159.80, forming the previously suggested main target, to notice forming mixed trading due to stochastic reach to the overbought level, which makes us prefer the domination of the sideways bias temporarily until breaching the current barrier, which allows it to target new positive stations that might begin at 196.60.

While the failure to breach the barrier might assist the price to activate the bearish correctional track, which forces the price to suffer several losses by reaching 193.85 followed by 193.30 level, to close the last price gap.

The expected trading range for today is between 194.40 and 196.60

Trend forecast: Bullish

Platinum price ended its bullish rally by recording $1005.00 level, which forces it to decline below $983.00 due to stochastic exit from the overbought level, to announce delaying the bullish attempts in the current period.

The price is affected by the domination of the sideways bias, due to the contradiction between the main indicators, if the price gathers the negative momentum it will target $965.00 level reaching the extra support at $950.00.

The expected trading range for today is between $965.00 and $995.00

Trend forecast: Bearish

No news for copper price by the continuation of forming sideways trading near $4.5600 level, attempting to surpass the positivity of the moving average 55, which assists activating the previously suggested negative attack, reminding you that the negative targets in the current period are stable near $4.4500 level reaching 23.6%Fibonacci correction level at $4.3100.

The price rally above $4.6600 might force it to delay the negative attack until testing the barrier at $4.9100.

The expected trading range for today is between $4.4500 and $4.6600

Trend forecast: Bearish

The (GBPUSD) price rose in its recent intraday trading, affected by the stability of the support level at 1.3160, providing it some of the positive momentum that assist it to recover some of its previous losses.

The pair is affected by several negative factors, first: a negative technical formation on the short-term basis, represented by the triple top pattern, besides the domination of a bearish correctional wave, and moves alongside a bias line, with the emergence of the negative signals on the (RSI), despite reaching oversold levels.