The GBPJPY pair took advantage of the stability of the moving average 55 and forming additional support at 134.10 to start new bullish attack to settle around 135.65, which reinforces the previously suggested bullish scenario, to expect forming new bullish rally to move towards the additional targets at 136.60 followed by 137.40 levels.
Stochastic attempt to rally towards the overbought again supports the bullish overview by providing new positive momentum to ease the attempt to form the suggested bullish attack.
The expected trading range for today is between 134.90 and 136.50
The expected trend for today: Bullish