The GBPJPY begins with new positivity – Analysis – 6-5-2021

Economies.com
2021-05-06 05:57AM UTC

The GBPJPY pair started today with clear positivity due to its fluctuation near 151.80 barrier, to cancel the correctional bearish overview and increase the chances of recording the positive targets at 153.00 and 153.80 levels.

 

Also, stochastic attempt to provide the positive momentum will allow the price to form strong bullish waves, to ease the mission of reaching the suggested positive stations.

 

The expected trading range for today is between 151.50 and 152.90

 

The expected trend for today: Bullish

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