The GBPJPY fluctuates below the barrier – Analysis – 15-1-2020

Economies.com
2020-01-15 07:27AM UTC

The GBPJPY pair still stable below 143.80 barrier until this moment, to block the bullish attempts and continue to form sideways fluctuations as appears on the chart.

 

Despite the price consolidation within the bullish channel, we assure the importance of breaching the current barrier to ease the mission of reaching the additional positive stations that start at 144.30 followed by reaching 145.60.

 

The expected trading range for today is between 142.80 and 144.30

 

The expected trend for today: Bullish

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