No news for the GBPJPY pair that keeps fluctuating below 157.40 barrier, to hinder the bullish rally and increase the chances of forming correctional bearish rebound, to expect crawling below 155.85 and reach the additional support at 154.60.
On the other hand, breaching the mentioned barrier and holding above it will confirm renewing the bullish attempts to expect recording new positive targets by moving towards 158.60 followed by reaching the psychological barrier at 160.00.
The expected trading range for today is between 157.50 and 155.85
The expected trend for today: Bearish