The GBPJPY gains new momentum – Analysis – 24-1-2020
Economies.com
2020-01-24 10:17AM UTC
The GBPJPY pair started to gather new positive momentum caused by stochastic rally above 50 level, to notice the price fluctuation above 143.80 level that formed an obstacle against the recent bullish attempts.
Also, the main stability within the bullish channel will increase the chances of renewing the bullish attack, waiting to record new positive targets that might start at 145.60 and 146.75 levels.
The expected trading range for today is between 143.40 and 145.60
The expected trend for today: Bullish
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