The GBPJPY forms a minor bullish channel – Analysis – 02-10-2019
Economies.com
2019-10-02 07:04AM UTC
The GBPJPY pair formed a minor bullish channel in its last trading, to depend on the stability of the support at 131.75 by confirming the expected bullish attempts, the price needs to rally above 133.30 level to confirm its readiness to record new positive targets by reaching 134.95 and 136.20.
While the GBPJPY price reach below the current support will confirm its move to a new bearish track, to begin forming a strong bearish trading, to suffer several losses by reaching 130.65 and 128.80.
The expected trading range for today is between 131.75 and 133.30
The expected trend for today: Bullish
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