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The GBPJPY awaits the positive momentum – Analysis – 20-10-2022
No news for the GBPJPY pair since yesterday, due to the lack of the positive momentum, repeating its sideways fluctuation near 168.40, while the main stability within the bullish channel and the stability of the additional support near 166.40 allow us to wait to gather the additional positive momentum to ease the mission of resuming the rise and achieve new gains by surpassing 170.00 to reach 170.70 and 172.45.
The expected trading range for today is between 167.00 and 170.70
The expected trend for today: Bullish
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