The GBPJPY fluctuates above the initial support – Analysis – 18-2-2020
Economies.com
2020-02-18 07:37AM UTC
The GBPJPY pair kept its stability within the correctional bullish range due to the stability of the initial support 142.10 today, allowing us to wait to gather new positive momentum to rally towards 143.80 in the near term period.
We remind you that attempting to crawl below the current support will cancel the positive overview to start forming strong negative trades that might push it to decline towards 141.20 and 140.25 levels.
The expected trading range for today is between 142.10 and 143.80
The expected trend for today: Bullish
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