The GBPJPY faces stochastic negativity – Analysis – 6-1-2021
Economies.com
2021-01-06 06:32AM UTC
Despite facing frequent negative pressures recently, the GBPJPY pair stability within the bullish channel and fluctuating above the additional support 139.30 allow us to keep our bullish overview that might target 140.70 followed by 142.00 levels soon.
On the other hand, crawling below the current support will force the price to form correctional bearish rebound to suffer intraday losses that start at 137.95 before reaching and new positive target.
The expected trading range for today is between 139.30 and 141.80
The expected trend for today: Bullish
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