The GBPJPY begins to rise – Analysis – 13-6-2020
Economies.com
2020-07-13 06:27AM UTC
The GBPJPY pair begins to rise today after the decline that it witnessed on last Friday, to move above the moving average 55, which supports the continuation of the expected bullish trend for the upcoming period, as it managed to achieve our first target at 135.20 and waiting for more rise to visit 136.65.
The bullish channel supports achieving more rise on the short term and medium term basis, noting that it is important to settle above 133.15 to continue the bullish trend.
The expected trading range for today is between 134.50 and 136.65
The expected trend for today: Bullish
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