The GBPJPY pair continued to form bullish waves, taking advantage of the positive factors represented by the stability of the additional support at 188.30 in addition to the major indicators that agree to provide the positive momentum, to notice rallying above the intraday obstacle at 190.25 and settling near 190.65.
We expect to resume the bullish attempts to target 191.20 recorded high initially, while surpassing it will extend trades towards the new positive station that might start at 191.80 and 192.45.
The expected trading range for today is between 190.00 and 191.80
Trend forecast: Bullish