The GBPJPY awaits surpassing the moving average – Analysis – 7-7-2020

Economies.com
2020-07-07 05:15AM UTC

The GBPJPY pair did not reach any new positive target yesterday, due to the solid barrier formed by the moving average 55 at 134.60, reminding you that it is important to settle above the initial support 133.70 to reinforce the bullish attempts, waiting to breach the mentioned barrier to ease the mission of reaching the positive stations that start at 135.70 and 136.65.

 

The expected trading range for today is between 133.70 and 135.70

 

The expected trend for today: Bullish

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