The GBPJPY continues to record targets – Analysis – 6-12-2019
Economies.com
2019-12-06 08:21AM UTC
The GBPJPY pair kept its positive stability above 142.60 to reinforce the domination of the bullish bias, noticing recording new target by reaching 143.22, while the main consolidation within the bullish channel allows us to suggest more bullish attempts to wait moving towards 143.75 and 145.30 levels.
Stochastic current decline below 80 level might force the price to form some temporary sideways fluctuation until gathering new positive momentum followed by repeating the attempts to record additional targets.
The expected trading range for today is between 142.65 and 143.80
The expected trend for today: Bullish
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