The GBPJPY attempts to regain the bullish bias – Analysis – 28-12-2021

Economies.com
2021-12-28 05:20AM UTC

The GBPJPY pair surpassed the broken support of the bullish channel at 153.30, attempting to regain the bullish bias, noticing its reach to the initial barrier at 154.45.

 

Confirming the bullish scenario requires the continuous stability above the current support, to increase the chances to surpass 154.45 level and reach new positive stations that might start at 155.25 and 156.05.

 

The expected trading range for today is between 153.50 and 155.25

 

The expected trend for today: Bullish

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