The GBPJPY achieves the target – Analysis – 11-12-2019

Economies.com
2019-12-11 07:48AM UTC

The GBPJPY price continued to form positive trading, recording 142.70 level, which forms the second target in the previous report, and stochastic reach to the oversold level, we expect providing mixed trading, and the stability of the initial support at 142.40 is important to assist to renew the bullish attempts in the upcoming period.

 

Reminding you that the price success to surpass 143.70 level will open the way towards resuming the bullish attack, to expect reaching the next target at 145.30. 

 

The expected trading range for today is between 142.40 and 145.30.

 

The expected trend for today: Bullish

 

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