The GBPJPY fluctuates within sideways track – Forecast today – 15-3-2024

Economies.com
2024-03-15 07:57AM UTC

The GBPJPY pair repeated forming slow sideways trades by settling frequently near 189.10 without recording any new positive target, affected by the stability of 189.70 obstacle, while the stability of 188.30 support line forms major factor to confirm the bullish scenario, to keep waiting the price to react to stochastic positivity and manage to jump above the obstacle and start targeting the positive stations near 190.25 and 191.20.

 

The expected trading range for today is between 188.65 and 189.70

 

Trend forecast: Bullish

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