The GBPJPY begins crawling positively – Analysis – 22-10-2019

Economies.com
2019-10-22 06:35AM UTC

The GBPJPY pair confirmed its affection by the bullish bias domination, to begin forming a positive crawl moving away from the support at 139.50, to increase the chances for recording the extra targets in the near and medium period.

 

The unionism of the main indicators is important for validating extra positive momentum, to ease the mission of the price rally to 141.50 level, and surpassing it might extend the trading to 142.25 to form the second target of the bullish bias.  

 

The expected trading range for today is between 140.25 and 141.50

 

The expected trend for today: Bullish

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