The GBPJPY breaches the barrier – Analysis – 25-3-2020
Economies.com
2020-03-25 08:08AM UTC
The GBPJPY pair succeeded to breach 130.65 barrier to confirm the preparation to start the positive attempts as long as the price remains stable above this level, to notice recording the first target at 131.92.
Also, stochastic reach to the overbought areas supports the positive overview for the near term and medium term period to ease the mission of recording new targets that might start at 132.85 followed by 135.30 levels unless crawling below the above mentioned barrier.
The expected trading range for today is between 130.60 and 132.85
The expected trend for today: Bullish
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