Despite stochastic continuous negative momentum signals, the GBPJPY pair stick with the bullish bias domination pushed it to form bullish wave, recording 134.85 as appears on the chart.
In general, the stability of trading above the bullish channel’s support line at 133.30 confirms the continuation of the positivity, to keep waiting to record additional targets that might start at 135.20 and 136.65.
The expected trading range for today is between 134.20 and 135.60
The expected trend for today: Bullish