The GBPJPY confirms the breach – Analysis – 25-2-2021
Economies.com
2021-02-25 06:19AM UTC
The GBPJPY pair confirmed breaching 146.65 barrier, taking advantage of the positive pressures caused by stochastic approach from 80 level, in addition to the stability of the additional support 148.45.
These factors allow us to keep our bullish overview, to expect facing more positive pressures to reach 150.60 followed by attempting to press on the historical resistance at 151.25 as a second target.
The expected trading range for today is between 149.40 and 151.25
The expected trend for today: Bullish
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