The GBPJPY approaches the barrier – Analysis – 8-8-2022

2022-08-08 05:35:13 GMT (Economies.com)
 

The GBPJPY pair took advantage of the positive momentum coming by the major indicators to notice forming new bullish rally recently, approaching 163.45 barrier, to achieve the first suggested target in our previous report.

 

The stability within the bullish channel and facing continuous positive pressures allow us to expected surpassing the current barrier, to open the way to record many positive targets near 164.05 and 164.75.

 

The expected trading range for today is between 162.90 and 164.05

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
0.9802
0.0147
1.5193%
1.1165
0.0345
3.1856%
19.049
0.190
1.008%
80.050
0.756
0.953%
87.96
-0.53
0.60%
1664.495
19.135
1.163%
 
 
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