The GBPJPY pair succeeded to settle above 209.10 level, forming a key support for the bullish attempts, to begin forming strong bullish waves and recording 2110.10 level recently, to approach from the previously suggested target.
The attempt of forming additional support at 210.50 level, and the main indicators attempt to provide positive momentum will increase the efficiency of the bullish scenario, to expect rally towards 211.80, and surpassing this barrier will extend the trading towards new bullish stations that begin at 212.45
The expected trading range for today is between 210.60 and 211.80
Trend forecast: Bullish
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